Axios reported on August 20 that CEOs are shifting their messaging about AI and layoffs. Challenger, Gray & Christmas data cited by Axios says AI was the most commonly cited reason for U.S. job cuts in July, the fifth consecutive month.
Sam Altman has warned about "AI-washing" layoffs, blaming AI for cuts that might have been made anyway, and an Oxford Economics report found many layoffs CEOs called AI-related were the result of past overhiring. With economic worries rising, executives are being more careful about linking AI to job cuts.
Source: Axios