AI is replacing thousands of jobs per month

Artificial intelligence is already replacing thousands of jobs each month as the U.S. job market struggles amid global trade uncertainty, a report has found.

The outplacement firm Challenger, Gray, and Christmas said in a report filed this week that in July alone the increased adoption of generative AI technologies by private employers led to more than 10,000 lost jobs. The firm stated that AI is one of the top five reasons behind job losses this year, CBS News noted.

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