The Age
·general
·6 hours ago
The tech jobs bust is real. Don’t blame AI (yet)
American tech companies announced significant layoffs in recent months, including Oracle and Block, which slashed over 4,000 jobs. Tech employment in San Francisco has declined by 3 percent in 2023, contributing to a total of 500,000 jobs deemed 'missing' since 2022. Despite fears of an AI-driven job apocalypse, the impact of AI on overall employment remains unclear.
Summary by Glance · The Age
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