The rampant fears that have arisen concerning AI taking people’s jobs have a ton of merit.
Just this year alone, Pinterest laid off 15 percent of its workforce amid a shift toward AI initiatives, and Jack Dorsey (co-founder of Block) took to Twitter to announce that 4,000 jobs were cut at his company due to a restructuring aimed at integrating AI into its operations. On top of that, other major organizations, such as Atlassian, Meta and Cisco Systems, also announced mass layoffs connected to their further adoption of AI.