Quote from: tabas on July 13, 2025, 10:49:01 PM

Quote from: JeffBrad12 on July 13, 2025, 05:27:12 AM

Quote from: tabas on July 12, 2025, 09:48:35 PM

The layoffs have already started long time ago, and with AI, this is replacing the traditional workers and for these companies to save money. Like what Microsoft[1] did for its call centers, it's saved $500M because of the usage of AI but at the cost of many employees lost their jobs. It's sad that this has to happen and with one of the biggest companies in the world, we have to change and upgrade as well with skills irreplaceable by AI.
[1] Microsoft racks up over $500 million in AI savings while slashing jobs, Bloomberg News reports

If i'm being honest AI has become the perfect excuses for these companies to slash their spending on employee.
They don't slash jobs because the AI is good, they slash it because they've been waiting for the right time to do so and as it happens the AI narrative is very good for that and it won't spark rage because, well AI is the new revolutionary thing now and people consider it normal.

I think most of them did really slashed those jobs because of AI as it made them cost effective and more efficient. But it's also possible that many of them are what you've said that they're just using AI as an excuse to remove all of the employees that they have to remove. That's unfair and injustice if that's the case. Maybe, we'll see some cases in the future about laid off employees that have been unjustified with their labor benefits and why the company chose to do it.

Federal central Bank always take bad steps for the economy of the World but we will try to establish our country to make most job giving country . In that respect, we want more creative and innovative people who will work decently on the projects and that will make new industry which people did not expect. We saw many news in which they gave fear of losing jobs but after COVID we saw many jobs at risk and many people lost their jobs and many will lose in the future but innovative people will be in the market at every time because they will change their mind and they will learn new skills.Fed have to make sure what it want for the economy of World. Apparently it want to destroy many countries and want it's power.