Workplace articles

writer alarmed company fires 60-person team replaces layoffs workplace chatgpt generative ai

Company cuts costs by replacing 60-strong writing team with AI

"I contributed to a lot of the garbage that's filling the internet and destroying it"
A hot potato: CEOs, bosses, and the those who make the technology love to assure people that artificial intelligence isn't going to replace everyone's jobs; it will merely augment them – working alongside humans to make life easier. Yet we keep hearing stories like the one about a writer whose employer fired his 60-person team and replaced them with an AI.
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International Monetary Fund warns AI "tsunami" could impact 6 out of 10 jobs in advanced economies

A hot potato: We're used to hearing warnings from industry experts about how AI will affect the jobs market, but the latest prediction carries extra weight as it comes from the head of the IMF. Dr. Kristalina Georgieva says AI is hitting the global labor market "like a tsunami," likely to impact 6 out of every 10 jobs in advanced economies.
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FTC votes to ban most noncompete agreements nationwide, a common practice among big tech corporations

The big picture: Many companies, including those in the tech sector, often use noncompete agreements to prevent employee poaching. However, the US Federal Trade Commission now deems this practice unfair, asserting that companies have alternative methods to safeguard their intellectual property. The commission anticipates that banning nearly all noncompete agreements will enhance working conditions and foster innovation.
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Survey reveals almost half of all managers aim to replace workers with AI, could use it to lower wages

Define "collaborative"
A hot potato: A lot of companies try to assuage fears that employees will lose their jobs to AI by assuring them they'll be working alongside the tech, thereby improving efficiency and making their duties less tedious. That claim feels less convincing in light of a new survey that found 41% of managers said they are hoping to replace workers with cheaper AI tools in 2024.