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flag Tech companies expand AI, boosting productivity but risking up to 300M job displacements.

flag Tech giants like IBM and ServiceNow are expanding AI capabilities, integrating AI agents into their services and entering new markets. flag Despite concerns over energy use, the AI infrastructure market is booming, projected to reach $309.4 billion by 2031. flag CHROs plan significant AI investments, anticipating a 327% growth in AI agent adoption by 2027, leading to higher productivity and cost savings. flag However, AI risks displacing up to 300 million jobs, with the working class potentially seeing a resurgence in job demand due to the difficulty of automating manual and skilled trades.

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