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by tutfbhuf 880 days ago
While NASDAQ is at an all-time high, according to some podcasts I follow, these layoffs are mostly due to AI.
1 comments

How ai is influencing this?
AI is a buzzword that allows the layoffs to happen. I’ve yet to see any serious affect from actual AI beyond broken chat bots.

If they didn’t want to do layoffs, they’d be arguing that AI is allowing them to hire more and get more business.

> AI is a buzzword that allows the layoffs to happen

Not a single public layoff announcement has mentioned AI as the reason. In fact the current round of layoffs have been going on since before ChatGPT or Github Copilot even launched publicly.

Might be automating some moderation tasks.