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Tag: AI job impact

AI Could Drive US Unemployment to 20%, New Bill Aims to Track Impact

Bipartisan legislation requires companies to report AI's effect on jobs as senators warn automation could significantly increase unemployment rates.

Amazon Plans 30,000 Job Cuts in Largest Corporate Layoff Ever

Amazon will cut 30,000 corporate jobs starting Tuesday, marking its largest workforce reduction amid pandemic overhiring correction and industry-wide tech cuts.