Oracle, which laid off over 20,000 people in one year, admits AI was a contributing factor
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It is becoming increasingly difficult to understand whether AI is good or bad for the economy.
It is becoming increasingly difficult to understand whether AI is good or bad for the economy. Documents filed by Oracle with the SEC (Securities and Exchange Commission) reveal that the company has laid off 21,000 people over the past year. And apparently part of the reason is A...
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