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watch what the Christ Dillinger Based Negative Squad Shirt besides I will buy this firms do, and if they are saying the presence of large language models is allowing them to lay people off, that has to be taken into account,” said Mark Muro, a senior fellow at the Brookings Institution who studies the interplay between technology and people. “There is no doubt forthcoming work is going to show that coding and many engineering type occupations have very high exposure levels [to AI]. So we should take them at face value on this.” Last week, Alphabet-owned Google said it laid off hundreds of workers from its ad sales team as it further invests in AI. Although Google did not directly attribute the layoffs to AI, in a memo to employees obtained by Business Insider Google’s chief business officer, Philipp Schindler, referred to the “profound moment we’re in with AI” in announcing the cuts. Microsoft is also doubling down on AI, investing billions in ChatGPT maker OpenAI, as it slashes jobs. And language learning platform Duolingo acknowledged a 10% reduction in
its contractor workforce at the Christ Dillinger Based Negative Squad Shirt besides I will buy this end of 2023, but denied that all of the cuts were related to increased AI usage. “In some cases, this was because the contractor’s project concluded, and in some cases this was because the contractor’s work was no longer needed due to changes in how we generate and share content between our 100+ language courses,” a spokesperson told CBS MoneyWatch. Duolingo added that it does sometimes use AI to generate sentences and translations and that AI can help contractors work faster. Is AI already replacing people? To be sure, some of the companies are redirecting their investments into AI while cutting spending in other areas of their business, leading to layoffs. Columbia University business professor Oded Netzer cautioned against linking rising corporate investment in AI to worker layoffs. “We know 2023 was the year of generative AI and companies invested in it heavily,” he told CBS MoneyWatch. “That means there are some jobs they’ve decided to invest less in, and they may be laying off workers. But it also means the jobs they’re hiring for are related to AI. That’s not to say AI replaces jobs.” In Netzer’s view, companies are simply doing what they typically do — hiring more workers
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