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TechFlow News, March 16: According to a report by Nikkei Asia, Kelvin Law, Associate Professor of Accounting at Nanyang Technological University, wrote that multiple surveys show little evidence that AI is the primary driver behind corporate layoffs. Instead, AI is more often used as an “investor-friendly” excuse for cost-cutting. He calls on companies to proactively disclose the actual extent of AI’s contribution to workforce changes.
According to Nikkei Asia, Kelvin Law, Associate Professor of Accounting at Nanyang Technological University, wrote that multiple surveys show little evidence that AI is the primary driver behind corporate layoffs; instead, AI is more often used as an “investor-friendly” excuse for cost-cutting. He calls on companies to proactively disclose the actual extent of AI’s contribution to workforce changes.
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