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Here’s How Many Jobs Were Lost in One Month Due to AI

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Here’s How Many Jobs Were Lost in One Month Due to AI
A sign for hire is posted on the door of a GameStop in New York on April 29, 2022. Shannon Stapleton/Reuters
Naveen Athrappully
By Naveen Athrappully
6/4/2023Updated: 6/4/2023

Almost 4,000 American jobs were lost last month following the use of artificial intelligence (AI), according to a recent report, as businesses increasingly consider deploying AI in their regular operations.

U.S.-based employers announced 80,089 job cuts in May, out of which 3,900 reductions were blamed on artificial intelligence, according to a May 2023 layoffs report (pdf) by outplacement firm Challenger, Gray & Christmas Inc. AI accounted for 4.86 percent of overall job cuts last month. This is the first time that AI was mentioned as a reason for layoffs by the HR firm. The report comes at a time when companies are increasingly exploring the potential of using AI at various levels of their organization.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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artificial intelligence (AI)
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