AI Causes Thousands of Job Losses in US in May: Report

Nearly 4,000 people lost their jobs in May due to AI, according to a report by Challenger, Gray & Christmas. US employers cited AI as the reason for 3,900 of the layoffs, which is roughly 4.9% of May's job cuts. The report also found that between January and May, there were about 417,500 lost jobs, making it the worst five-month start to a year since 2020. The report comes at a time when businesses across the globe are adopting advanced AI technology to automate a range of tasks, including creative work, such as writing, administrative and clerical work.