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      Verizon CEO Warns of Job Losses Due to Rapid AI Adoption

      Dan Schulman, the CEO of Verizon Communications, has expressed concerns regarding the swift adoption of artificial intelligence and its potential impact on employment and the economy in the United States. He indicated that this technological shift could result in significant job losses, which may disrupt consumer spending and threaten long-term economic stability.

      Schulman's remarks underscore Verizon's involvement in the ongoing discussion surrounding technology's influence on labor markets and the need for potential regulatory measures. His comments come at a time when investors are closely monitoring the company's performance, with Verizon's stock currently priced at $46.55 and showing a return of 14.9% for the year.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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