AI adoption in the workplace increasing, but job fears and shadow AI remain concerns. Organisations across the Global South are rapidly integrating AI into the workplace, with widespread adoption reported even as concerns about job displacement intensify, particularly among frontline workers. This is according to the third edition of Boston Consulting Group’s (BCG) annual AI…
As AI replaces human roles, the tech sector could lose as many as 235 000 positions this year. Amazon has warned that artificial intelligence (AI), specifically generative AI (GenAI), will trim its workforce as the technology will “change the way our work is done”. The company, the world’s fourth most valuable in terms of market…
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of…
