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I have the exact same opinion. And I should add that all these companies "firing people to replace them by AI" are in reality just firing people because the eco
by realusername 1y ago
I have the exact same opinion. And I should add that all these companies "firing people to replace them by AI" are in reality just firing people because the economy isn't great, of course that sounds way worse for investors if they told the truth.
- danans 1y ago> firing people to replace them by AI" are in reality just firing people because the economy isn't great More concretely, they can use this situation to squeeze more productivity out of those who remain employed. With the consumer tapped out of discretionary time, attention and spending power, the remaining way to grow profits is to lower overhead.