🏢 Standard Chartered is replacing 8k jobs with AI

&#32; submitted by &#32; <a href="https://www.reddit.com/user/talkingatoms"> /u/talkingatoms </a> <br /> <span><a

<!-- SC_OFF --><div class="md"><p>I came across a large survey of 2,400 executives and employees on where AI adoption actually stands right now, and the divide it's creating is

<table> <tr><td> <a href="https://www.reddit.com/r/ChatGPT/comments/1stjkd7/chinese_workers_horrified_as_bosses_direct_them/"> <img alt="Chinese Workers Horrified as Bosses Direct

<table> <tr><td> <a href="https://www.reddit.com/r/singularity/comments/1t837hp/cloudflares_ai_usage_increased_by_600_in_the_last/"> <img alt="Cloudflare’s AI usage increased by

<!-- SC_OFF --><div class="md"><p>There’s something that feels overlooked in the whole “AI will cut costs and boost profits” narrative.</p> <p>If AI replaces a large number of

<!-- SC_OFF --><div class="md"><p>AI may not work as promised, but it will still cause large scale job loss. This phenomenon will emerge as the results of three mechanisms: 1)

<table> <tr><td> <a href="https://www.reddit.com/r/singularity/comments/1v7gq3e/55_of_companies_regret_ai_job_cuts_data_analysis/"> <img alt="&quot;55% of Companies Regret AI Job

StanChart targets higher return, to reduce more than 7,000 roles by 2030 reut.rs/4dwNKSy