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It’s understandable that people blame AI for economic issues when so may CEOs are publicly stating that “increased efficiencies due to AI” is the reason for lay
by teamonkey 5mo ago
It’s understandable that people blame AI for economic issues when so may CEOs are publicly stating that “increased efficiencies due to AI” is the reason for laying off staff.
- bluGill 5mo agoThey blamed the latest fad for layoffs in the last one as well. Every company and project I know of has a long list of things they want to do that they believe would be good for customers - but they cannot afford the people needed, and the risk is too high to borrow. That is if AI was really increasing efficiency in a good economy they would be keeping everyone and getting more work done with them. Of course in reality we cannot know if AI has really increased efficiency - we only have short term measures at best which we know from experience are often wrong. (most often because there are many ways you can make a shortcut today that will kill your long term)
- deleted 5mo ago[deleted]
- darth_aardvark 5mo ago> " latest fad for layoffs" What are you referring to here? The latest fad before AI was crypto, or maybe "the metaverse" and I don't think anyone credited those for layoffs. Before that, the latest large round of layoffs was during what, 2008? And the blame for that was correctly laid on the very real economic collapse occurring.
- bluGill 5mo agoThere have been other downturns that didn't hit tech. Not all fads coincide with a downturn and so not all get blamed on for the layoffs. Sometimes the economy is blamed correctly at well.