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AI News from ET - AI will cause waves of layoffs in repetitive manual jobs: QED Investors’ Nigel Morris

Vishwadeep Khatri
in AI News & Two Lenses

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AI is increasingly substituting entry-level hires at call centres, and even at tax preparation and investment banking firms, said Morris. Further, companies’ decision to not fill vacancies matched with slowed hiring across levels are indicators of this dramatic AI-led disruption, said the QED Investors cofounder.

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