Overview
- Great Place to Work’s India report says 49% of millennials fear being replaced by AI within three to five years, and many employees report their companies are already using AI beyond pilot stages.
- Walmart CEO Doug McMillon said every role at the retailer will change with AI and outlined companywide training, access to tools like ChatGPT, and a new executive role to oversee AI efforts.
- Amazon confirmed 14,000 corporate job cuts last week, even as CEO Andy Jassy told investors the reductions are not currently AI-driven, underscoring disputes over whether cuts reflect automation or broader restructuring.
- Analysts and economists warn of over-attributing layoffs to AI, with CNBC’s Steve Liesman highlighting potential ‘AI‑washing,’ while a Goldman Sachs banker survey found only 11% of clients are actively cutting jobs because of AI despite accelerating adoption.
- Human-in-the-loop work is expanding as a stopgap labor market, with Axios reporting new gigs that pay people to train and refine AI models, including programs for Uber drivers and specialist platforms recruiting professionals.