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International Business Times UK
International Business Times UK
Technology
Anna Katrina Sevilla

AI Layoffs Branded a 'Corporate Fiction' by Oxford Economics—Workers Pay the Price

A recent Oxford Economics study has labelled AI-driven layoffs as fiction. (Credit: pixabay.com)

New research from Oxford Economics reveals that artificial intelligence (AI) driving mass layoffs may be overstated. The report entitled 'The A.I. Paradox, How Robots Will Make Work More Human' calls into question how much of the current narrative reflects reality versus corporate interests.

Recent reports linking workforce reductions to AI adoption were challenged by Oxford Economics' briefing, which suggested that AI-related corporate downsizing may have been 'corporate fiction' to mask an underlying reality that refutes the current narrative.

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