Are tech layoffs related to developments in AI? I do not believe so, at least not to any significant degree. Rather I believe businesses are adjusting to glob

Are tech layoffs related to developments in AI? I do not believe so, at least not to any significant degree. Rather I believe businesses are adjusting to global inflation and the global economic current and soon to be changes. This will be a wildly unpopular opinion right now but I believe most of the talk around AI is just that. Machine Learning and Big Data have been rebranded with new window dressing. I suspect people will tire of it quickly once they realize it has no ability to show it's work and is just the next algorithmic evolution beyond the tools used in social media using tailored data-sets and easy to manipulate algorithms. What people are calling AI is impressive however until such a time this AI has truly open source code with completely open obfuscated data-sets and can be self hosted with easily reproducible outcomes then history has taught me to distrust the great and powerful Oz.