Tech companies are cutting jobs and betting on AI. The payoff is not guaranteed (theguardian.com) AI

The Guardian reports that major US tech firms have cut large numbers of jobs while increasing investment in AI, with layoffs affecting tens of thousands at companies including Microsoft, Amazon, and Block. The article argues that while AI is already changing day-to-day work and is often pushed on employees, the broader promise of AI “replacing” people is exaggerated and outcomes are likely more complex. It also highlights reliability and data limits of today’s AI systems, concerns about overreliance, and the possibility that some layoffs are being partly “AI-washed” to mask other business pressures.