this post was submitted on 07 Apr 2024
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AI will reduce workforce, say 41% of execs in a survey (www.theregister.com)
submitted 6 months ago by boem@lemmy.world to c/technology@lemmy.world
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[–] BrianTheeBiscuiteer@lemmy.world 1 points 6 months ago

Scaling up productivity is what tends to lead to layoffs. Having the exact same output but with fewer employees is pretty much guaranteed to lower cost and increase profit, so that's what most execs are likely to do. Short-sited maybe, but businesses are explicitly short-sited, only focusing on the next quarter.