US EditionAmazon’s Layoffs Show How AI Is Coming for India
3 Articles
3 Articles
Amazon’s Layoffs Show How AI Is Coming for India
Amazon.com Inc.’s latest global layoffs should come as a singular warning to India. For policymakers dealing with the world’s largest youth population, AI suddenly poses a very real risk to jobs, wages, and a white-collar future.
AI Taking Its Toll on Jobs–What to Know
Some major companies have recently triggered a wave of layoffs, eliminating tens of thousands of jobs. Most cited artificial intelligence (AI) integration and automation as factors behind these moves. Experts say that while a significant portion of jobs cannot be replicated by machines, AI will likely usurp white-collar analytical roles and robotics will replace manual labor jobs. Amazon announced on Oct. 28 that it will eliminate about 14,000 c…
By Murugan Anandarajan* The consulting firm Accenture recently laid off 11,000 employees as it expanded its efforts to train workers in the use of artificial intelligence. This is a stark reminder that the same technology that drives efficiency is also redefining what it takes to keep a job. And Accenture is not alone. IBM has already replaced hundreds of roles with AI systems, while simultaneously creating new jobs in sales and marketing. Amazo…
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