Job losses

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No, Centrica, customers don’t prefer bots to humans | Letter

Charles MacKinnon disagrees with the British Gas owner’s justification for cutting 1,300 jobsAccording to Centrica’s boss, Chris O’Shea, most people using British Gas prefer to talk to a chatbot rather than a person (Customers prefer AI chatbots, says British Gas owner as 1,300 call centre and back office jobs axed, 23 July).He says that 90% […]

No, Centrica, customers don’t prefer bots to humans | Letter Read More »

AI job worries grow. But some human skills can’t be replaced by machines | Gaynor Parkin and Dave Winsborough

The fear of becoming obsolete is a rising source of anxiety as artificial intelligence emerges in the workplace. Staying strongly connected with others will helpThe modern mind is a column where experts discuss mental health issues they are seeing in their workEarlier this year Paul* discovered via a flurry of media stories that his business

AI job worries grow. But some human skills can’t be replaced by machines | Gaynor Parkin and Dave Winsborough Read More »

Safe from AI: which jobs will help you thrive in the future?

Experts say there will still be opportunities ahead in everything from teaching to hotels and the lawEntering the world of work often brings some uncertainty, but now there is another question: how can I AI-proof my career?We asked people from across various industries what they think the impact of AI will be on careers, and

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Women and university graduates in Australia most at risk of losing jobs to AI, report finds

Those with high levels of vocational training, including tradespeople, are least exposed to AI displacement, according to government reviewGet our breaking news email, free app or daily news podcastArtificial intelligence has yet to cause widespread job losses but the federal government has warned that telemarketers, advertising staff and accountants are among the occupations “most exposed”

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Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts

Bill Winters faced backlash over remarks about some of near 80,000 staff set to lose roles to AIThe chief executive of Standard Chartered has apologised for referring to some of the almost 8,000 staff that are set to lose their jobs to artificial intelligence as “lower-value human capital”.Bill Winters offered the apology after a backlash

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AI is destroying jobs – and the energy crisis could make that much worse | Larry Elliott

Every wave of new tech has come with a doomsday scenario. But governments just aren’t planning a human response on the scale required The transition to a world of artificial intelligence has given a whole new meaning to the concept that capitalism can only renew itself through creative destruction. This is the idea that clapped-out

AI is destroying jobs – and the energy crisis could make that much worse | Larry Elliott Read More »

US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company seeks to reassure investors that bet on artificial intelligence infrastructure will pay offOracle is cutting thousands of jobs as the US technology company seeks to reassure investors that its bet on AI infrastructure will pay off.The $420bn firm, headquartered in Austin, Texas, started letting employees go on Tuesday, with thousands of Oracle’s 160,000-strong workforce

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First came the AI ‘teammates’, then the layoffs: the new reality for Atlassian staff now looking for work

‘These AI agents have been really, really helpful,’ says a former Sydney employee. ‘But you couldn’t use something like that to replace an actual human worker’Get our breaking news email, free app or daily news podcastSacked from his “dream job” at software giant Atlassian, Rubio* wants just one thing – closure.“We were probably exceeding expectations

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WPP to merge ad agencies and cut jobs in radical shake-up to counter AI threat

Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028The beleaguered advertising group WPP has announced a radical restructure to counter the threat posed by the AI revolution, including merging its ad agencies and cutting jobs.Aiming to be “a simpler, lower-cost, AI-enabled business”, the London-based company laid out plans

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UK ad agencies undergo their biggest exodus of staff as AI threatens industry

Number of employees declined by more than 14% to 24,963 last year, with fall greatest among younger workersAI is indeed coming – but there is also evidence to allay investor fearsUK advertising agencies had their biggest annual exodus of staff last year, led by younger workers, as artificial intelligence tools threaten to replace workers and

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