AI has become a convenient excuse for mass layoffs

OpenAI CEO Sam Altman publicly accused businesses of increasingly using AI as a convenient excuse for layoffs. Automation can replace some employees, but according to Altman, some companies are simply masking their own management mistakes with the buzzword “AI.” And it sounds loud—“AI washing.”

At the same time, 90% of companies in major economies have yet to see tangible benefits from AI adoption. But simultaneously, there are forecasts of cutting half of entry-level office positions, and major players like Klarna are already preparing large-scale optimization.