AI Drives Over 120,000 US Job Cuts While Fueling a 15% Rise in New Business Startups
Recent figures reveal that artificial intelligence has become a leading driver of US layoffs, with job cuts surpassing 120,000 through September 2026. Simultaneously, the technology is spurring economic adaptation, inspiring a 15 percent increase in new business applications as entrepreneurs leverage AI tools to launch innovative ventures.
Source: International Business Times UK