Totally Predicted This …..
T-Mobile just announced 5000 layoffs (7% of its workforce) focused on back office jobs.
The letter to employees (paragraph 7) includes a not-so-subtle reference to productivity gains from AI.
This is an example of how AI will impact corporations.
One by one, companies will reduce costs (people) using AI.
How big will the total impact be …. we will see
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001283699/000119312523219679/d507613d8k.htm
https://www.sec.gov/Archives/edgar/data/1283699/000119312523219679/d507613dex991.htm