AI ambitions vs. reality at Amazon and Oracle

Amazon fired 16,000 workers last month. Oracle is set to cut up to 30,000 more.

Tech layoffs have increasingly been attributed to AI. But Oxford Economics found something strange: there's no macroeconomic data showing AI is actually replacing jobs or boosting productivity. 

In fact, output per worker is slowing, not accelerating.

So what's really happening? Host Rachel Varghese breaks it down.

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