BusinessPhoto: NDTVBill Gates Warns on AI Job Losses as Microsoft Cuts 60,000 Jobs
Bill Gates warned that AI will replace human jobs, urging a 'hire the robot, fire the human' approach. Shortly after, Microsoft announced buyouts for about 60,000 employees across the US, Canada, the UK, and India, roughly a quarter of its workforce. Gates called AI an evolutionary event and proposed a tax on AI use and billionaires to support shrinking safety nets.
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