Survey finds AI adoption spurring shift in tech hiring from software to hardware

Sharon Wrobel is a tech reporter for The Times of IsraelThe wave of layoffs that has shaken Israel’s vaunted tech industry in recent weeks has sparked fears that artificial intelligence is curbing hiring and replacing jobs in the workplace. However, a survey published Tuesday indicated that AI is not a harbinger of the demise of the sector, but it is driving a shift in focus.The survey by the Israel Innovation Authority found that despite widespread job cut announcements, the overall number of tech employees in the first half of the year remained largely stable.But while the overall number of jobs was unaffected, an analysis of the High-Tech Employment survey points to stark sectoral divides, with hiring and layoff rates varying widely across the industry.Software companies continue to cut their workforce and lower costs amid rapid AI advances, while hardware, chip, and deep-tech companies continue to expand and hire at a…

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