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Katty Kay

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08:11
2026-07-21
businessinsider.com
artificial-intelligence

AI could trigger a layoff trap that even smart CEOs can't escape

Economists Gerry Tsoukalas and Brett Falk of The Wharton School warn that AI could trigger a wave of layoffs that erodes consumer spending, creating a self-destructive trap for companies. In a researc…

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