AI is a red herring, you would be hiring people to work on that not just firing people working on something else. A common trend in these lay-offs is that I ca

AI is a red herring, you would be hiring people to work on that not just firing people working on something else. A common trend in these lay-offs is that I can't for the life of me come up with what those employees would be doing. That combined with a sudden lack of easy money due to rising interests rates and more uncertainty about pretty much everything seems like a simpler explanation for these lay-offs.