Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs
Xbox CEO Phil Spencer joined the Federal Reserve's AI task force on artificial intelligence and employment just days after Microsoft announced 3,200 layoffs. The move highlights ongoing tensions between tech industry job cuts and government initiatives addressing AI's workforce impact. Bitcoin remains stable near $63,700 while crypto markets show mixed performance, with most major coins fluctuating within 5% range today.
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