Data shows that roughly 9,238, or about 20 percent of the 45,363 tech layoffs recorded worldwide since the start of the year, and have been linked to artificial intelligence (AI) implementation and organizational restructuring, RationalFX said Monday.
Jack Dorsey, said in a post on social media that the decision was not driven by financial difficulty, but by the growing capability of AI tools to perform a wider range of tasks.
We have the money to pay them, we just don’t want to.
We have the money to pay them, we just don’t want to.