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AI Adoption Hasn't Led to Significant Job Cuts, NY Fed Survey Reveals (lycee.ai)
12 points by fsndz on Sept 6, 2024 | hide | past | favorite | 2 comments


Many companies are merely blaming layoffs on AI, when in fact it's due to poor sales. Investors seem to fall for this lie.


A recent survey by the Federal Reserve Bank of New York shows that companies adopting artificial intelligence (AI) are not significantly cutting jobs. The findings, based on responses from businesses in the New York-Northern New Jersey region, suggest that AI adoption is likely to lead to job growth in the near future, rather than reductions.




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