Sløk pointed to ADP employment data as evidence, concluding that the AI spending frenzy is “stoking both employment and inflation.”...
Jack Dorsey
The successive statements about AI’s transformative impact on labor may help justify the booming valuation of some AI companies. But...
For years, companies have been flattening their organizations and cutting down middle management. Weeks after slashing his staff by 40%,...
When Bernstein analyst Mark Shmulik sent a note to clients about Meta’s reported plans to cut 20% or more of...