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Big Tech’s A.I. Spending Keeps Rising. So Do the Jitters.

Amazon joined a procession of tech giants that ramped up their spending on artificial intelligence, as its capital expenditures soared 69 percent. Concerns over the industry’s spending are mounting.
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Is A.I. Replacing Tech Workers or Providing an Excuse for Job Cuts?

Tech industry layoffs are accelerating, and executives have been quick to say it’s because their companies are doing more with artificial intelligence, even when there may be more to it.
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