And yet, as an Oxford Economics report released in January found, many layoffs that CEOs called AI-related were actually the result of past overhiring.
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"It can be a couple of months but it can also be a couple of years," he said. "If the jobs are really lost due to outsourcing or AI, then unless we find in a couple of years actually we still need those people and replacing them didn't work, then those jobs are gone."
The deal was announced by the Federal Trade Commission (FTC) and a group of 11 states, of leaving the drivers on its Spark Driver app tens of millions of dollars out of pocket.