They expect layoffs. They're just going to blame AI for it.
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Exactly this... Even ones actually attributed to AI will likely be an overreach that won't be realized until after a person's life has been totally upended... Shit's gonna be bleak
Bingpot!
I guess the office leases weren’t THAT important after all
What I wonder is: how are they going to call in all the AI workers for meetings?
And what doe RTO look like for an LLM?

always indian, or south american, or easter european techworkers who can be paid less.
You know, a year ago people in charge were all, like nooo we’re not going to fire people and pocket the payroll savings
When did we cross the line where everybody stopped lying? I mean, our vaunted business leaders dropping the bullshit is welcome, even if its bad news… but the interesting bit is in the collective, unconscious decision to just own up to this as the likeliest future.
The Trump admin has emboldened the entire upper echelons of society to drop pretense because enough of society is stupid enough to always buy it even if its painfully obvious that they are lying. They feel untouchable with their buddies in charge.
Exactly - the more easilly the "riff-raff" is to swindle or the less capable they are to push back, the more intensely and shamelessly the "upper" classes take advantage of the rest.
You don't just see it in the historical trends (such as ever more reduced levels of broad representativeness of elected politicians in for example the US or Britain), you also see it across nations: for example after the 2008 Crash, the wealthy in France (with its tradition of public rebellion) were actually saying they should be taxed MORE, whilst the wealthy in England (whose closest to "public" rebellion ever was the Barons rebelling against the King leading to the Magna Carta) were openly lobbying the Government to be taxed LESS (and got what they asked for, with Britain endind up in Austerity, with the anger caused by it being successfully redirected against Immigrants and The EU, hence Brexit, so the wealthy were totally right in not fearing the "riff-raff").
PS: that spirit of not provoking the streets of wealthy French did not survive the Macron years, especially once he won against the "Gilet Jaunes" (Yellow Vests).
Correction: 99% of CEOs are planning to use AI as an excuse to layoff employees to juice quarterly profits. They have zero accountability and golden parachutes, so no skin off of their asses.
And the stock price bumps from layoffs mean they effectively get to just hand themselves huge raises.
Then parachute and let some other schmuck deal with the fallout
These days it feels more like "then parachute and let a venture capitalist firm buy up the mess, so they can pawn it off to the nearest would-be monopolist"
Rank and yank, at any excuse. It's terrible for morale, so blame it on something "beyond our control" ... "remaining competitive in the current market" or whatever.
I expect 99% of CEOs to get laid off. They are too lazy, expensive and don't want to work. Ripe for automation.
When you say CEOs are you thinking of guys who are making millions with staff living on almost nothing?
Clarification - these are management driven layoffs. AI doesn't drive anything, managers replace people with it.
Replace C-suite executives with AI before the layoffs, then transition to a Co-Op. ✊🏼
5% of those layoffs will actually be AI related. The other 95% will be profits related.
100% of those layoffs will be for shareholder short term gain.
I find it weird how so many companies are targeting for layoffs instead of expanding the company. You get an accelerator..
Most corporations are near-term driven, not long term. It's why many don't innovate anything anymore. Quarterly profits matter more than anything
Tariffa and Hormuz makes things expensive. People buy less so companies sell less. Layoffs everywhere.
This type of reporting is frustrating and I really should get off the internet.
These surveys are done by consultanting companies that have large investment holdings. For example in this report one of the surveys is from Mercer, who has an investment wing that has a AUM (asset under management) ^1^ of $727 Bn according to their website ^2^. Would there potentially be any sort of chance someone like Mercer never put out a survey that goes against the bullish market driven by AI speculation? Obviously journalists won't think about these things anymore because that will effect their click rate.
Passive voice shenanigans. They expect to lay off. They're the ones doing it.
99% of CEOs ~~Expect~~ Looking forward to AI-Driven Layoffs in the Next Two Years
https://isaiprofitable.com/ is a good site to see how profitable AI is at this moment....
Including Nvidia in the revenue figure is like asking "Is playing in a casino profitable" and including the revenue of the house in the stats.
I dunno there are some people who have bankrupted multiple casinos.
but even so, the total including the house is still very negative, here. It would be like.... I don't know, I can't think of anyone in their right mind who could bankrupt a casino 😜
That really shows who profits from all of this and i can only hope that company would implode
Well good news then, 99% of the population is going to force these 1% CEOs to be ...laid off...
When CEOs layouts? We can have 200 workers for their pay which will be "prompt engineers".
I ask again to consider that AI does not have to replace human labour to lead to layoffs. All it has to do is help existing labour to produce more in the same amount of time. In an economy that doesn't suddenly want to buy more product than it previously did, that means letting go of the people whose labour is no longer needed to produce the same amount product it previously had. Whether or not corpos are using AI as cover for layoffs, if today's AI increases productivity, it very likely will lead to layoffs. And there are signs that it does indeed increase productivity in some tasks in certain sectors.
Anyone know of any publicly traded guillotine producers? I'd like to invest early.
Can any 'ai' round up billionaires and corporate CEO's and 'process' them through a woodchipper or guillotine?
That's the only ai company/startup I'm interested in.
That’s okay. I will choose not to participate in your new economy beyond buying essentials like food.
Who are they expecting to sell stuff to if everyone is unemployed and fighting over an ever decreasing piece of the pie?

Would you look at that. They kept pushing layoff all the time for fake reasons to increase immediate profit, and now they'll have another fake reason to do mass layoffs for maximum immediate profit.
What? AI? Who cares about that at this point. It's like a pretty ribbon on a big gift box to shareholders.