Unfortunately, they first laid off all the employees they were promised would be made redundant by the AI. They should have verified that the AI was doing it's promised job before that. Lol. At the company I work for they just gave early retirements to all of the people with all the knowledge as part of layoffs with AI as the reason given for the layoffs. We're all screwed because AI has had zero positive effect in any projects I've seen, and I'm a software architect, so I see a lot.
Technology
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Or pay the price
You mean getting another job making more money than you should and making bad decisions with 0 consequences? Like C suites ever face any real consequences for the society distorting behavior they exhibit
They will pay the price of having to plea for a bailout from the administration (using taxpayer money).
I'm sure they're quaking at the thought of floating out on their golden parachutes...
if the tech’s effectiveness falls short of expectations
What, the "This will literally replace every role in our company except my own" expectations?
LOL
Is that a 'pop' I am hearing in the distance?
Gonna be a fuckin’ explosion if it doesn’t happen soon.
Ah, the CIOs (Chief Idiot officers) are starting to figure it out.