Firms blame AI for layoffs, even when it's not about AI: Altman

OpenAI CEO Sam Altman said many companies are blaming AI for layoffs even when it might not be the real reason behind it. "Data centres are getting blamed for electricity price hikes. [Companies] that do layoffs are blaming AI, whether or not it really is about AI," Altman said. Several companies in recent times have announced AI-led layoffs or restructuring.