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by camdenreslink 408 days ago
LLMs aren't the cause of mass layoffs and hiring freezes. The end of ZIRP, uncertainty in the macro and offshoring are the cause. AI is just something executives like to say recently when they do layoffs ("we'll be more efficient with cutting edge technology!").
1 comments

I think there's real pressure from investors to show that some of your human costs will be going away.

After all most of those investors are deeply invested in AI technology already. At the valuation, they need to be able to show that it replaces human workers because that's the specific kind of greed that is driving the value of the stock.

And if you see your competition tighten their belt then you should tighten yours right? So without proof companies are acting like they can use a small number of human-ai hybrid workers. There's strong peer pressure to think that way as a direct result of AI