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From Layoffs to Upskilling — AI And The Future of Work
AI is taking over the world and changing the future of work forever. Bill Gates reckons AI is going to shake things up big time. He’s talking about a “dramatic” shift in productivity. Fantastic, right? Except, it’s not all roses and sunshine. While AI might be the golden child of productivity, it’s also the grim reaper of jobs. The International Monetary Fund (IMF) is waving red flags about AI worsening global inequality.
Tech Industry: The Shifting Sands of Hiring
In the tech world, companies are cautiously optimistic — which is corporate speak for “we’re scared, but let’s pretend we’re not.” They’re outsourcing talent, hiring AI specialists, and simultaneously fearing AI will make them obsolete. It’s both thrilling and terrifying.
Big Tech’s Layoffs Galore
Layoffs are raining down like confetti, but nobody’s celebrating. Google and Amazon are on a job-cutting spree, but with the finesse of a bull in a china shop. They’re investing in AI while showing the door to thousands of employees. It’s the year of efficiency, they say. Efficiency for whom, you ask? Certainly not for those updating their LinkedIn profiles with “urgently looking for opportunities.”
