More Than Half of U.S. Companies Are Cutting Worker Pay to Fund AI, Study Finds

A survey finds employers are cutting compensation—and even jobs—to fund AI investments.

BY KIT EATON @KITEATON

Illustration: Adobe Stock

AI is hyped as the business cure-all, but deploying this revolutionary new tech doesn’t necessarily come cheap. In fact, it can be an expensive process requiring deep pockets. New data underlines this by showing many U.S. companies are doing the equivalent of searching down the back of the financial sofa to find cash to spend on AI rollouts. 

One easy source of this cash is to cut back on worker compensation. This decision may prompt comments and criticism about the ethics of decreasing spending on human workers in........

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