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Fortune
Fortune
Jacqueline Munis

A CEO denied raises to spend money on AI instead. Companies have 'no idea what they're going to need in a workforce' when the AI race is over.

Upset frustrated and confused female worker folding hands on chin

While you’re worried about AI replacing you, it may already be cutting into your paycheck.

In January, global cloud software company Teradata told its 5,100 employees that there won’t be annual salary raises this year as the business shifts its budget toward AI investments, Business Insider reported.

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