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Reducing labor costs will remain as urgent because companies have to deal with a very low demand. So they will layoff and automate. It will accelerate automati
by rswail 7y ago
Reducing labor costs will remain as urgent because companies have to deal with a very low demand. So they will layoff and automate.
It will accelerate automation.
What's needed is demand, the way for that to happen is for government to pay for things and to create jobs.
- wpietri 7y agoI suspect it depends a lot on the employer. Fewer will go out and hire (expensive) software engineers as part of a long-term project to (hopefully) decrease labor costs. Some still will, but lower capital availability and increased uncertainty means a lot of things seen as long-term investments will get put off until things are clearer.