Microsoft’s latest financial results show the company has reached a $4-trillion valuation, with cloud and AI businesses driving growth. But behind these impressive numbers lies a different story: thousands of employees have been laid off this year, including 25,000 at Microsoft alone. The layoffs affect a broad range of divisions, from Xbox to engineering and
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Executives are scrambling to automate jobs, and Atlassian is leading the charge. The company’s billionaire CEO, Mike Cannon-Brookes, recently laid off 150 employees, citing the need for AI-powered automation in customer service roles. The cuts affect customer support staff who will be replaced by technology. Affected workers will receive six months of pay to soften
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Researchers at Microsoft have been studying which jobs are most and least likely to be replaced by generative AI, and the results are unsettling for anyone who’s ever enjoyed a comfortable desk job. The team analyzed over 200,000 conversations between users and Microsoft Bing Copilot and found that certain occupations are more vulnerable to automation
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When it comes to Artificial Intelligence, many CEOs are eager to sing its praises. But what they’re really saying is that AI can be a cost-cutting tool, perfect for eliminating human workers and increasing profits. Elijah Clark, a chief executive who advises other head honchos on using AI at their companies, let the cat out
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The pressure to succeed in the highly competitive world of artificial intelligence (AI) is taking a toll on startup employees, who are being forced to work long hours with little rest. In some Silicon Valley startups, a grueling schedule known as “996” has become the norm – working from 9am to 9pm, six days a
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