A Artificial intelligence (AI) is making a significant impact on many market sectors, including technology.
One of the most notable results is mass layoffs and new revisions to hiring strategies. This scenario, although predictable, has worried professionals in the area.
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In June, Chegg, an educational technology company, announced the layoff of 80 employees, which corresponded to 4% of its workforce. The organization justified the move as part of its plan to position itself better in executing its AI strategy.
Likewise, Dropbox, famous cloud storage service, announced the cut of approximately 500 employees, about 16% of the team, also claiming the influence of Artificial intelligence.
According to outplacement company, Challenger, Gray & Christmas, the month of May brought 3,900 layoffs in technology area in the US, driven solely by advances in AI. These layoffs come at a time when companies in the sector are already facing cutbacks for a variety of reasons.
After the Covid-19 pandemic, companies have been adjusting to an uncertain economic environment, thanks to the decrease in demand for digital services.
According to Layoffs.fyi, more than 212,000 workers in the technology sector were laid off in 2023 alone, surpassing the 164,709 that occurred in 2022.
AI investments
Against these numbers, several companies are announcing significant investments in Artificial Intelligence. Microsoft, for example, in addition to laying off 10 thousand employees, confirmed a multibillion investment in OpenAI, responsible for ChatGPT.
In the same way, Mark Zuckerberg, CEO of Facebook, announced plans to invest in Artificial Intelligence, while laying off more than 10,000 workers.
This contradiction between layoffs and investments, both caused by Artificial Intelligence, raises discussions about the future of jobs in technology and in the market in general.
It is important to recognize the benefits of this technology, but also to understand that it poses a threat to workers around the world.
To reduce this impact, it is necessary to think of ways to retrain professionals and insert Artificial Intelligence in the work environment.
In this sense, a balance must be sought between technological advances and the preservation of human employment to ensure dignity for workers in all sectors in a world increasingly dominated by AI.