Top Economist Says AI Has Become 'Convenient Excuse' To Mask Traditional Layoffs— Why AI Infra Is Driving Growth While Job Adoption Lags - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), State Street SPDR S

While headlines frequently cite artificial intelligence (AI) as the catalyst for recent workforce reductions, economist Justin Wolfers argues that the data tells a different story: one of infrastructure investment rather than human displacement.The AI Layoff MythAddressing the recent surge in corporate downsizing, Wolfers suggests that the technology is currently serving as a shield for standard management decisions. “So the layoffs right now, very few of them probably are coming from AI.This is a fairly co ...