Over the last few months, a number of well-known companies have announced layoffs of tens of thousands of workers. UPS said it is getting rid of 48,000 employees. Amazon is shedding 30,000. Intel is firing 24,000. IBM, Target, Nestle, Accenture and Ford are terminating many thousands more. The list goes on.

And the culprit? According to many media reports, it's artificial intelligence.

The "AI Destruction of Millions of Jobs Begins," says Yahoo Finance. "Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite," reports The Wall Street Journal. “A.I. Might Take Your Job,” warns The New York Times. “The Nation’s Largest Employers Are Putting Their Workers On Notice,” says The Washington Post.

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