AI's left hand begins to take away jobs before its right hand can
The Economic Times
Rising costs of specialized AI chips are forcing companies like Samsung India to cut jobs in their electronics divisions as capital is redirected toward AI infrastructure. Despite limited direct automation, financial strain on payroll is leading to job reductions. The AI boom is driving up memory costs and causing restructuring in the industry.
All articles from 9 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.