Why AI is Causing Lay-Off of Jobs The increasing use of artificial intelligence (AI) in various industries is leading to job layoffs for several reasons: Automation of Routine Tasks : AI systems can perform repetitive and routine tasks more efficiently than humans. Jobs involving data entry, basic customer service, and simple manual labor are increasingly being automated. For example, chatbots can handle customer queries, reducing the need for human customer service representatives. Increased Productivity : AI can significantly enhance productivity by speeding up processes and reducing errors. This means that fewer employees are needed to perform the same amount of work. For instance, in manufacturing, AI-powered robots can work around the clock without breaks, outperforming human workers in terms of speed and precision. Cost Reduction : Companies adopt AI to cut costs. Salaries, benefits, and other expenses associated with human employees can be reduced when AI systems are implemente...
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