Artificial intelligence is a “factor in more than half of the layoffs in the tech sector”, says Harvard professor

An expert on artificial intelligence (AI) and professor at Harvard University in the USA believes that the value of AI companies is no longer in the number of employees, which has led many tech companies to cut jobs and offset costs by adopting AI. <br><br>“Many companies have discovered that AI can replace many tasks and many jobs,” he said. <br><br>The interview was in an episode of the “CNN Global Affairs Podcast” posted on February 20, with guest Raj Chetty. <br><br>Raj Chetty is a professor of economics at Harvard University, and the AI report he released in February with fellow researchers found that AI-powered tools are now replacing many jobs.