Tech CEOs suddenly love blaming AI for mass job cuts. Why?

More tech leaders are pointing to job cuts caused by AI tools - and a need for more investment cash.

Coca-Cola CEO James Quincey and former Walmart CEO Douglas McMillon have both cited the growing influence of artificial intelligence (AI) as a key factor in their decisions to step down from leadership roles.

Dario Amodei, CEO of Anthropic, outlines key risks that advanced AI systems could pose, including job disruption, misuse, privacy threats, and loss of control as systems grow more capable.

Companies are increasingly pointing to artificial intelligence when announcing job cuts, alongside more traditional reasons such as weak finances or overhiring. Critics warn some companies may be using 'AI-washing' to justify cost-driven layoffs.