In many industries, AI is far from delivering on its promises of massive productivity gains that make humans obsolete. But one thing is clear: The technology is absolutely terrifying workers. A survey of nearly 5,000 Americans this summer found that 71% of them are worried that artificial intelligence will put too many people out of work permanently. Those concerns reflect what companies are saying: About 40% of employers expect to cut their workforces in response to AI automating tasks.
But the reality is a bit more complicated. Companies are citing AI in some layoffs, but the looming AI jobspocalypse doesn’t seem to be here yet.
