AI isn't coming for jobs—it's already replacing them by the thousands, report shows
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 have been over 27,000 job cuts since 2023 that can be directly linked to the advent of artificial intelligence.
Who is getting most impacted by AI? The report states that the impact of AI on hiring is most visible among younger workers, with entry-level corporate roles available to college graduates declining by over 15% in the past year. Meanwhile, there has been a 400% increase over the last two years in employees using 'AI' in their job descriptions.
"The industry is being reshaped by the advancement of artificial intelligence and ongoing uncertainty surrounding work visas, which have contributed to workforce reductions," Challenger, Gray & Christmas said.
Many previous reports have hinted that white-collar jobs are most at risk of being eliminated by AI.
In a report last month quoted by NBC, Andrew Challenger, senior vice president at the company, said, 'There are roles that can be significantly changed by AI right now, but I'm not talking to too many HR leaders who say AI is replacing jobs.'
Last month, Amazon CEO Andy Jassy had also stated that AI would lead to a reduction in the company's total corporate workforce as it derives 'efficiency gains' from the new technology.
Meanwhile, there are also other reasons for job losses in the US, with over 292,000 jobs being terminated owing to the cuts implemented by the Department of Government Efficiency, which was previously led by Elon Musk.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
11 hours ago
- Mint
Fired by Elon Musk, ex-Twitter CEO Parag Agrawal launches AI startup, Deep Research API
Former Chief Executive Officer of Twitter (now known as X), Parag Agrawal, in a social media post announced that he has launched a new artificial intelligence (AI) venture named 'Deep Research API' in efforts to take over ChatGPT in the world AI development race. In the post, Agrawal said that the first goal of the venture is to 'outperform' both humans and all leading models including GPT-5 from Open AI. He also called the target two of the hardest benchmarks to beat in the industry. "We launched our Deep Research API - it's the first to outperform both humans and all leading models including GPT-5 on two of the hardest benchmarks," said Agrawal in his post on LinkedIn. The former Twitter boss also highlighted that his company is already powering millions of research tasks on a daily basis for ambitious startups and public enterprise companies. Parag Agrawal is the founder of the AI startup, Parallel Web Systems Inc., which is based in Palo Alto, California, United States. He said that the company offers automation facilities which companies use to carry out traditionally-human workflows with 'exceeding human-level accuracy. "We already power millions of research tasks every day, across ambitious startups and public enterprises," said Agrawal in his post. Parag Agrawal is well-known in the industry for serving as the CEO of the social media giant, Twitter. Elon Musk fired Agrawal after taking over the company in 2022. Agrawal started out his career as a Researcher at Microsoft in 2006, and after a few months, he shifted to the same position at Yahoo. In 2009, he again returned to Microsoft Corp.; however, after a brief run with the company, he joined the US-based telecom giant, AT&T. In October 2011, Agrawal finally joined Twitter as a Distinguished Software Engineer and after serving for over six years, he became the Chief Technology Officer (CTO) of the global giant. After spending over four years as the company's CTO, Parag Agrawal was promoted to the CEO role in November 2021. According to his LinkedIn profile, Parag Agrawal was from the Atomic Energy Central School in India, and later finished his graduation from the Indian Institute of Technology, Bombay with a Bachelor's in Technology in Computer Science and Engineering. Agrawal in 2005 finished his Doctor of Philosophy (PhD) in Computer Science from the Stanford University in United States.
Indian Express
14 hours ago
- Indian Express
Sam Altman says OpenAI ‘screwed up' GPT-5 rollout: Here are the changes ‘coming soon'
Weeks after the bumpy debut of its latest flagship AI model, OpenAI has said it is tweaking GPT-5 to make its AI-generated responses seem warmer and more familiar. The post-launch changes are based on user feedback that GPT-5's responses 'felt too formal.' 'Changes are subtle, but ChatGPT should feel more approachable now. You'll notice small, genuine touches like 'Good question' or 'Great start,' not flattery. Internal tests show no rise in sycophancy compared to the previous GPT-5 personality,' OpenAI said in a post on X on Friday, August 15. The behavioural changes to GPT-5 are expected to roll out in the coming week. It is one of many updates that have been announced by the Microsoft-backed AI startup since the model was launched on August 7. Users have been left disappointed by the underwhelming release of GPT-5, which has been hyped up since the company's 2023 release of GPT-4. GPT-5 also suffered several delays due to safety testing and compute limitations. When the model became freely available in ChatGPT this month, users pointed out that the advancements they had been expecting seemed incremental, with GPT-5's main improvements related to cost and speed. In response to these issues, OpenAI CEO Sam Altman reportedly told journalists at a dinner last week, 'I think we totally screwed up some things on the rollout.' 'On the other hand, our API traffic doubled in 48 hours and is growing. We're out of GPUs. ChatGPT has been hitting a new high of users every day. A lot of users really do love the model switcher. I think we've learned a lesson about what it means to upgrade a product for hundreds of millions of people in one day,' Altman was quoted as saying by The Verge. ChatGPT has quadrupled its user base in a year, and is nearing over 700 million people each week, as per reports. On GPT-5's behavioural issues, Nick Turley, the product head of ChatGPT, said, 'GPT-5 was just very to the point. I like that. I use the robot personality — I'm German, you know, whatever. But many people do not, and they really like the fact that ChatGPT would actually check in with you.' Here's a brief list of all the changes and improvements announced by OpenAI since the launch of GPT-5. GPT-5 includes Auto, Fast, and Thinking modes. Fast mode gives users faster answers from GPT-5 while Thinking mode means the model takes more time to give deeper answers. Auto mode routes between Fast and Thinking modes. The three modes can be selected by users within the model picker in ChatGPT. 'GPT-5 will seem smarter starting today. Yesterday, the autoswitcher broke and was out of commission for a chunk of the day, and the result was GPT-5 seemed way dumber,' Altman said in a post on X. During a Reddit Ask Me Anything (AMA) session, multiple users requested OpenAI to bring back GPT-4o. Replying to the Reddit thread, Altman said that the OpenAI team had heard user feedback and had decided that they will offer an option for Plus users to continue using GPT-4o and 'will watch usage to determine how long to support it.' GPT-4o is available under 'Legacy models' by default for paid users. Other legacy AI models such as o3 and GPT-4.1, as well as GPT-5 Thinking mini, can be added to the model picker within ChatGPT by enabling 'Show additional models' in ChatGPT's settings. To be sure, this option is only available for paid users. Moving forward, Altman said that the company will give users a more clear 'transition period' when deprecating AI models in the future, as per a report by TechCrunch. ChatGPT Plus and Team subscribers now get up to 3,000 messages in a week when using GPT-5 in Thinking mode, with extra capacity on GPT-5 Thinking mini when they hit this limit. The company has also made GPT-5 available for ChatGPT Enterprise and Edu subscribers. Additionally, OpenAI has said it is working on improvements at the user interface (UI) level so that users can more easily enable Thinking Mode in GPT-5 and more clearly see which AI model is responding to their query or prompt.
Mint
14 hours ago
- Mint
Google's Gemini AI is training on your personal conversations by default. Here's how you can turn if off
Artificial Intelligence chatbots have seriously taken off since ChatGPT became a viral sensation back in late 2022. While ChatGPT remains the most popular chatbot on the market, Google's Gemini AI has caught up with some great new model launches in the last few months. What also helps Gemini's case is that the chatbot is present across a number of Google services including Gmail and Calendar, making for easier integration. Google by default uses your conversations with Gemini to train its upcoming AI models. Notably, large language models (LLMs) like Gemini are trained on massive datasets in order to learn patterns in language, reasoning and context. In one sense, modern LLMs are essentially pattern recognisers and while publicly available datasets can help the model learn some useful patterns, they are not enough for the model to handle natural queries better. By training on user interactions, LLMs like Gemini understand what queries users ask most and how the model could adapt to deliver more useful content. With users increasingly going to chatbots to ask questions about everything in their lives, from simple tax troubles to past emotional traumas, the thought of Google having access to this data for training its new AI model could be unsettling. But if you want to revoke Google's access to train its AI model on your conversations, there's a quick fix for that. In order to stop Gemini from training on your personal conversations, you'll need to turn off the 'Gemini Apps Activity' option by going to the settings page on the website or iOS/Android app. Google is soon going to change the name of this setting to 'Keep activity' after a new update, but the process to turn it off will remain the same. - Visit on your browser and sign in to your Google account - Click on the three-bar menu on the left-hand side of the page and tap on Settings and help - Tap on Activity and you will be taken to a new settings page - Click on the Turn off option next to Gemini activity to stop the chatbot from training on your conversations - For even more privacy, you can delete past Gemini activity to remove data the chatbot collected before you disabled the feature - Google will continue to store your Gemini activity for 72 hours before deleting it from its servers. Moreover, if you have multiple Google accounts from which you use Gemini, make sure to repeat the process for each one in order to stop Gemini from training on your conversations. Gemini app activity settings - Open the Gemini app on your phone - Tap on the accounts option in the top-right corner and click on Gemini apps activity - Follow the same process to turn off Gemini app activity and delete previous activity if needed
