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by spydum 891 days ago
labor-dependent enterprises are being whispered unbelievably outrageous things from your regular biz consultants (Bain, pwc, ey, etc) about how much money that could save in labor via AI, so some may be cutting heads to fund their AI transformations? I'm not sure that's entirely it though. Many execs have been warning staff of corp austerity measures for a while to bring costs in line. It does boggle the mind though, as many of these same companies are all hitting record revenues (due to inflation).