Brisbane Times
·general
·8 hours ago
The tech jobs bust is real. Don’t blame AI (yet)
American tech firms, including Oracle and Block, are cutting thousands of jobs amid a broader employment downturn, with a decline of 3 percent in San Francisco since January 2023. More than 500,000 tech jobs are expected to be 'missing' compared to previous trends, raising concerns about the industry's reliance on artificial intelligence. The slump reflects challenges rather than AI-driven changes.
Summary by Glance · Brisbane Times
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