Tag: Employment

AI Adoption Triggers Layoffs and Hiring: 50% of Business Leaders Say

AI Adoption Triggers Layoffs and Hiring: 50% of Business Leaders Say

The adoption of AI in the workforce is a double-edged sword, enhancing efficiency and profitability but also leading to potential layoffs. It necessitates upskilling and redefining roles while creating demand for expertise in AI technologies. Integrating legal, ethical considerations and fostering innovation are critical for sustainable AI implementation.

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