Market Realist on MSN
OpenAI CEO Sam Altman believes AI is being used as a scapegoat for recent mass layoffs
Several major companies have pointed to AI as the major factor behind their workforce reductions.
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AI and job losses explained: Why Sam Altman says companies are using 'AI washing' to justify layoffs
Major firms such as Google, Amazon and Tata Consultancy Services have cut thousands of roles in recent months, often citing efficiency gains from AI adoption.
If OpenAI goes through with it, this move could position it as a competitor to established cloud service providers like Microsoft Corp.'s (NASDAQ:MSFT) Azure, Amazon.com Inc.'s (NASDAQ:AMZN) AWS, and ...
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