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Big Tech Layoffs Are Back. Are Other Workers at Risk?

Date Published
January 18, 2024
Section
In the Media
Areas of Expertise
Artificial Intelligence (AI) Labor Markets
From:
CBS In the News

Are the recent job cuts in tech a sign of what’s to come for the rest of the workforce?

In an ABC News article, Columbia Business School Professor Daniel Keum discusses the impact of AI on the recent wave of tech layoffs. As companies like Google, Amazon, and Apple make cuts, Keum explains that these changes are not just about cost-cutting—they are driven by the shift toward AI. 

Keum notes that AI is spreading unevenly across different industries, and this transformation may take up to a decade. He suggests that while tech companies are adjusting to new AI technologies, other industries could soon feel the ripple effect. 

Keum’s analysis explains how AI is reshaping the workforce, influencing jobs beyond the tech world, and altering the landscape of job security across the economy.

Read the full article to learn more on how AI is driving change across industries and what it means for the future of work.

Mentioned Faculty

Columbia Business School

Daniel Keum

Associate Professor of Business
Management Division
Mentioned On
ABC News

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