Comment by hbn
4 days ago
> When a company says “AI made everyone more productive, so we need fewer people”, I want to see the evidence - and I don’t believe it exists today.
Because they're bullshitting and using AI as an excuse to correct from their covid era over-hiring while simultaneously making themselves look good to investors by showing they're embracing the hip new technologies to become a more streamlined and cost-efficient operation than ever.
> covid era over-hiring
That's a generous excuse. To me it looks like they're just trying to depress wages across the board. Given that _several_ rounds of layoffs have occured since then, this 6 year old excuse rings particularly hollow.
> investors by showing they're embracing the hip new technologies
I thought investors cared about returns.
> to become a more streamlined and cost-efficient operation than ever.
And a completely uncompetetive one as well. "We're using the same whizz bang technology that any idiot in their bedroom can use!"
> while simultaneously making themselves look good to investors by showing they're embracing the hip new technologies to become a more streamlined and cost-efficient operation than ever.
This is not anything new... It just has a new name...