Tech Sector Sees 64,000 Job Cuts This Year Due to AI Advancements| Ainvest
We conduct a randomized controlled trial (RCT) to understand how early-2025 AI tools affect the productivity of experienced open-source developers working on their own repositories. Surprisingly, we find that when developers use AI tools, they take 19% longer than without—AI makes them slower. We view this result as a snapshot of early-2025 AI capabilities in one relevant setting; as these systems continue to rapidly evolve, we plan on continuing to use this methodology to help estimate AI ...| metr.org
The US tech giant will axe 4% of its global workforce and plough money into artificial intelligence.| www.bbc.com