New Delhi, Aug. 4 -- Since the rise of ChatGPT and other generative AI chatbots, there has been a growing anxiety about how the new technology could impact the job market. While there have been various warnings from tech leaders that AI will lead to widespread job loss and perhaps even an upending of the economy as we know it, there hasn't been a lot of evidence to suggest that such a large-scale action has happened until now.
A new report by CBS News has now revealed that the adoption of generative AI is already leading to thousands of job cuts in the US.
The publication, while citing a report released by Challenger, Gray and Christmas, stated that AI led to more than 10,000 job cuts in July in the United States.
It noted that there h...
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