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Ask HN: To what extent do you think AI is responsible for the slowdown in jobs?

• toomuchtodo 3y ago
  Not at all. Layoffs are attempts to improve profitability in a macro with a ~5% target rate. When the Fed decides to lower rates in the next 12-18 months, it’s going to stoke the labor market further. https://www.axios.com/2024/02/02/layoffs-chart-statistics-data https://www.axios.com/2024/02/02/layoffs-chart-statistics-da... https://www.axios.com/2024/02/02/us-economy-labor-market-strong-jobs-gains https://www.axios.com/2024/02/02/us-economy-labor-market-str... https://www.axios.com/2024/02/02/us-jobs-report-january-2024 https://www.axios.com/2024/02/02/us-jobs-report-january-2024
• navjack27 3y ago
  None. Humans are.
• gymbeaux 3y ago
  I’d say none. It’s just a coincidence that Chat GPT came out at the end of a bull market.