It's 'hire the robot, fire the human & don't look back' strategy: Bill Gates on AI layoffs

Microsoft Co-founder Bill Gates said businesses will continue firing employees for AI because their incentive structures are wrong. "It's 'hire the robot, fire the human and don't look back'," he said. His remarks came a day before Microsoft offered voluntary buyouts to 60,000 employees across the US, Canada, the UK and India as it ramps up AI investments.