If it isn't yet, AI will be calling the shots on the actual money owners (those big investment companies like Blackrock). Invest here, invest there, demand more from elsewhere. Said AI will then dictate who should be appointed CEO, director, etc, because it will be asked to name "a human" and little Timmy McMeritocracy, son of a high up elsewhere, needs his first job, nevermind that putting an AI in his place would be more profitable.
this post was submitted on 07 Apr 2024
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Bye bye middle management!
But seriously, work will always expand to the available workforce. That's why there are so many stupid industries. They always tank during a resession, but other industries will expand to use excess labor.