Oct. 4 at 4:20 AM
$INFY $ACN $CTSH $SPY AI is reshaping the IT job market in the US, but not in the way you might expect.
Recent reports highlight a rise in unemployment within this sector, with rates climbing from 3.9% to 5.7% in just a month.
This shift is largely due to increased automation and AI adoption, leading companies to invest heavily in AI infrastructure rather than new hires.
Routine IT roles, such as clerical tasks and basic programming, are being phased out as businesses seek cost savings through AI.
This trend, termed "cost avoidance," suggests a future where AI handles tasks traditionally done by humans.
How do you think this shift will impact the future of IT careers?
