Ars Technica reports that a survey unveiled at the World Economic Forum in Davos indicates that CEOs are already looking to generative AI to trim their workforces:

Industries led by media and entertainment, banking, insurance, and logistics were most likely to predict job losses because of cutting-edge AI tools, according to the poll of top directors conducted by PwC ahead of this week’s World Economic Forum. Engineering and construction firms were least likely to anticipate cuts because of automation, alongside technology companies.

Those CEOs are likely to be disapppointed; the more AI they employ, the greater the need for human oversight…

Read the article here.