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Story summary
- Meta and Microsoft are scaling back staff cuts and restricting tool use after error spikes.
- An Atlanta Federal Reserve paper found 90% of executives say AI has not yet delivered productivity gains.
- Ernst & Young surveyed senior AI executives at $1 bn-plus firms, finding 36% reported data-loss or financial-damage incidents.
- More than 112,000 U.S. job-cut announcements in 2026 cited AI as the primary layoff reason, per Challenger, Gray & Christmas.