AI is companies' justification for staff cuts. Professor says it's a good excuse
The increasing use of Artificial Intelligence (AI) is being cited by companies across Europe as a justification for workforce reductions, according to recent reports. This trend raises concerns about the potential for AI to be used as a convenient excuse for layoffs, especially as AI tools become more accessible and integrated into various workflows. Such a narrative warrants close scrutiny, particularly regarding how digital transformation impacts employment. Many companies are implementing AI tools to automate tasks and streamline operations, leading to restructuring and, in some cases, job losses. While specific numbers of layoffs were not mentioned, the trend highlights a shift towards automation across various sectors. The professor interviewed suggests this is a convenient excuse. The impact of this trend is felt by workers in various industries, and poses broader questions about the future of work in the digital age. Policymakers and regulators are likely to face increasing pressure to address the social and economic implications of AI-driven automation. This could include new regulations or training programs.
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