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Story summary
- China’s tech sector laid off about 160 workers, including programmer Fei Zhaojun, as AI replaces coding jobs.
- IDC reported AI model use in Chinese industrial firms rose to 47.5% from 9.6% in 2024.
- Urban unemployment in China stays near 5%, while 16-to-24-year-old unemployment is roughly three times higher.
- Cornell economist Eswar Prasad warned AI could boost productivity but disrupt employment and threaten social stability.
