Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.
I’m not surprised. It was very apparent after interest rates rose that tech companies had to immediately start worrying about making money and not making long term bets which might make money. When you aren’t making as much software as you used to, why have that many programmers in payroll?
I’m not surprised. It was very apparent after interest rates rose that tech companies had to immediately start worrying about making money and not making long term bets which might make money. When you aren’t making as much software as you used to, why have that many programmers in payroll?