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CEO of Foxconn Anticipates Generative AI Will Eliminate Low-End Manufacturing Positions

Foxconn’s CEO on AI’s Impact on Jobs Young Liu, the CEO of Foxconn, forecasts a grim future for low-end manufacturing jobs due to the rise of artificial intelligence (AI). Foxconn, a major player in the tech industry, is responsible for producing around 70% of iPhones, making it the largest contract manufacturer globally. During his keynote […]