Comment by mempko

If it's true that AI is creating productivity gains (and I think it is), then a company has two options. If every employee is X more productive, then you can either cut people and increase profitability, but sacrifice growth. Or you can be creative and see this as an opportunity to develop new features, new lines of business and new products. The choice depends on the creativity of the business leaders. Judging from Jack's post here, he chose option one. Which suggests to me he is deeply an un-creative business leader taking the easy path.