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And who's to say CEOs actually know what they're doing? If anything, considering that most companies fail, relying on the opinions of a few cherry-picked CEOs d
by _pdp_ 1y ago
And who's to say CEOs actually know what they're doing? If anything, considering that most companies fail, relying on the opinions of a few cherry-picked CEOs doesn't hold much weight IMHO.
> While there is no direct evidence linking all these layoffs to AI, the trend is happening during a period of record economic strength.
The tech sector accounts for just about 6% of the U.S. workforce and roughly 10% of GDP. It's a stretch to draw broad conclusions about the economic impact of AI based on the comments of a few tech CEOs, especially when they represent such a narrow slice of the economy.
As usual, articles like this are more about sensationalism than substance.