Topic
job displacement
Technology Goldman Sachs Report: Which Jobs Face the Biggest AI Automation Risk
A Goldman Sachs report assesses AI's impact across industries, finding that routine, low-complexity tasks in financial services, retail, healthcare, and education face the highest automation risk, while skilled roles are more likely to be complemented by generative AI.
Technology Oracle Sheds 21,000 Jobs in a Year as AI Replaces Some Roles, Annual Report Shows
Oracle cut about 21,000 jobs in the past year, citing AI deployment as a factor. The company paid $1.8bn in severance and warned of further workforce reductions. The cuts are part of a wider tech industry trend with over 100,000 layoffs.
Technology Microsoft CEO Satya Nadella warns AI dominance could 'hollow out entire industries'
Microsoft CEO Satya Nadella warned that giving too much power to a few AI models could 'hollow out entire industries,' drawing parallels to the negative effects of globalization. In a post on X, he urged for a 'frontier ecosystem' where every organization owns its learning loop.
Technology Half of workers worry AI will still take their job as agent usage soars 90% in a year
New data from GMB Union reveals nearly half of UK workers worry AI will take their job, amid a 90% year-over-year increase in AI agent usage reported by Stack Overflow. Despite growing adoption, most organisations still require human oversight for autonomous agents, and concerns about accuracy and security persist.