Comment by noosphr
2 days ago
The best take I've seen on the whole `AI will replace all devs' is a way for big tech to walk back the disastrous over hiring they did around Covid without getting slaughtered in the stock market.
2 days ago
The best take I've seen on the whole `AI will replace all devs' is a way for big tech to walk back the disastrous over hiring they did around Covid without getting slaughtered in the stock market.
I don't understand this take. The market tends to positively value layoffs.
However, admitting to have massively over hired and wasted a lot of money does not make the management involved look good. No one wants to admit they made a massive blunder.
The market doubly rewards companies that lay off workers and have a story about how they're automating everything with AI, even if that story is just a story.