Comment by alluro2
24 days ago
And do you feel that the industry in general, and individual companies are currently trying to augment / 10x their workers and have everyone share in the 10x profits that will bring? Or are they jumping on opportunity to try and cut costs by even single digits, by replacing those workers with AI and it's not their problem what those people do from there?
If an employee brings in more profit than before, you want more such employees, not less.
You have to cut costs when the costs do not bring you enough profits.
That assumes the market is infinitely expandable.
If in fact you can meet the same market demand with fewer workers and the market does not expand accordingly, you get deflation and job losses.