The AI Impact on Job Market: A Deep Dive

Published On Wed Mar 12 2025
The AI Impact on Job Market: A Deep Dive

Impact of AI on Jobs

Last week, online furniture retailer Wayfair announced its decision to enhance its utilization of generative artificial intelligence, a move that resulted in the elimination of 340 tech jobs. This shift in strategy is indicative of a growing trend among businesses and organizations to replace human roles with advanced technology.

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Development of AI Technology

The recent launch of Open AI's ChatGPT has played a significant role in expediting the progress of artificial intelligence. This advancement has also sparked concerns and warnings regarding the potential repercussions on society as a whole.

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