4 in 10 companies planning job cuts due to AI: Survey

(The Hill) -- Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows.

A survey in the World Economic Forum's (WEF) latest "Future of Jobs Report," found that because of the “increasing capability and prevalence” of AI, 41 percent of employers surveyed said they will "shrink" their workforce within the next five years if the technology is able to replicate the work.

“As we enter 2025, the...