AI job cuts could come with a costly undo button
AI AND ML
Gartner reckons nearly a third of displaced employees may be rehired by 2029 – at a premium
Gartner forecasts that, by 2029, nearly a third of employees laid off because of AI will need to be rehired, often at significantly higher cost.
The global research firm warned that workforce cuts could save money in the short term but risk weakening talent pipelines and eroding institutional knowledge over the longer term. With labor force growth flat or declining worldwide, competition for talent would drive up recruitment, training, and onboarding costs.
"When business and IT executives look back on the early AI era, they will realize their greatest mistake was believing that work automation was the point, when workforce amplification was the opportunity," said Tori Paulman, VP analyst at Gartner.
"The competitive advantage will go to the CIOs and business executives who build an AI-shaped organization where AI value...
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