This weekly update covers major workforce disruptions happening across the world as artificial intelligence becomes more powerful and widespread. A major professional services company called Cognizant doubled its earlier predictions about AI job loss, now estimating that 93% of all jobs could be affected by AI in some way. The company also found that 30% of jobs face serious danger from AI, which is much higher than they thought before. This could move $4.5 trillion in work from humans to machines.

Big companies are already starting to cut jobs because of AI. Meta is planning to cut 20% of its workforce, while other companies like Block and Atlassian have already made significant cuts. Even major banks are joining in—HSBC in the United Kingdom is thinking about cutting 10% of its workforce, which means about 20,000 jobs.

Research shows that workers are worried about more than just losing jobs. 63% of workers say AI will make their workplace feel less human, and 57% are concerned that people will lose important skills like critical thinking and creativity. However, there is some good news: a study of how people actually use AI at work found that people who use AI in smart, thoughtful ways create much better results. The research shows that organizations can teach people to use AI as a real thinking partner, not just a quick tool.

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