If AI Isn’t Ready to Replace Workers, Why Are Companies Cutting Jobs Anyway?

A growing number of experts argue that many companies blaming artificial intelligence for job cuts are masking more familiar financial and strategic pressures. The good news for employees worried about the countless predictions of a looming job apocalypse from artificial intelligence (AI) taking work away from humans has not been borne out—at least not yet. However, that hasn’t prevented an increasing number of companies from citing productivity gains made by using those task automating apps as the reason for thousands of recent layoffs they’ve made. But now, a growing chorus of critics have begun denouncing most of those staff reductions...