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Uri Gal, Professor in Business Information Systems, University of Sydney

Tech companies are blaming massive layoffs on AI. What’s really going on?

Artificial Intelligence Goldman Sachs
PaulineWee / DAIR via Better Images of AI, CC BY

In the past few months, a wave of tech corporations have announced significant staff cuts and attributed them to efficiency gains driven by artificial intelligence (AI).

Companies such as Atlassian, Block and Amazon have announced they would lay off thousands of employees due to increased reliance on AI.

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