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AI News from ET - Norway wealth fund CEO warns just using AI for job cuts risks backlash

Vishwadeep Khatri
in AI News & Two Lenses

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Norway's massive sovereign wealth fund CEO, Nicolai Tangen, is urging global companies to embrace artificial intelligence for societal progress. He believes AI should be used to enhance productivity and benefit everyone, not solely for reducing workforce. Tangen warns that widespread layoffs due to AI could trigger a negative public reaction.

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