One thing we know about the mass tech layoffs attributed to "AI" is that they follow a trend of mass tech layoffs that firms were formerly forced to admit were the result of their businesses contracting sharply after the lockdowns ended, when users didn't need nearly so many cloud services. By blaming the continuing layoffs on "AI," companies whose business continues to contract can tell investors that they are on the bleeding edge, not the contracting tail.
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@pluralisticCory Doctorow
No company has announced “thanks to AI, we have the same number of employees, but we have launched zillions of new services and are growing our product lines because of all the time our people get to spend innovating.”
I don’t know why that is.
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