Very few of the job losses attributed to AI are really because of AI. Mostly it’s just a bloated tech sector shedding weight and using AI as an excuse because it plays well with shareholders. The reality is that they over-hired when credit was cheap and now they’re looking at their bottom lines and trying to find ways to be more efficient.
also the massive loss of jobs, from the layoffs in favor of using AI is probably worst than 08 crash anyways.
Very few of the job losses attributed to AI are really because of AI. Mostly it’s just a bloated tech sector shedding weight and using AI as an excuse because it plays well with shareholders. The reality is that they over-hired when credit was cheap and now they’re looking at their bottom lines and trying to find ways to be more efficient.