Comment by John23832
4 months ago
I think the interesting thing to think about its that we _already_ fired people in the name of AI (because AI was supposed to be this huge efficiency gain).
When the bubble pops, do you fire _even more_ people? What does that look like given the decimation in the job market already?
When the bubble pops, AI companies fire people (up to everyone). Non-AI companies hire people back, because it becomes clear that AI won't do their job for them.
That is a lossy process though. The total number of people fired is never the total number rehired. And at the time of a bubble pop, we would have gone through multiple rounds of firings.
once again, it's not "fire", it's lay off. there is a difference.
People are being removed from their livelihood.
Equivocating about what YOU comfortably would prefer to call it is wasted effort that I don't care to engage in.
I think the point is simply that "firing" indicates wrongdoing or lack of performance by the workers, whereas "layoffs" indicates the company unilaterally decided to remove them. It may sound nitpicky, but it is pertinent to your point that people are losing their livelihood through no fault of their own.
well it matters for your livelihood. if you get "fired' you won't be eligible for unemployment compensation or cobra. if you get laid off, you get unemployment comp. not to mention the negative stigma of being "fired". it's a big difference.