[Ensorceled]

I recently did a contract at medium sized business with a large retail and online business that had a CFO and several accountants / bookkeepers. You're describing a situation where that CFO only needs two or three accountants and bookkeepers to run the business and would lay off two or three people.

It IS about headcount in a lot of cases.

[jama211]

Or they’d keep the same number of people and increase total value output. Businesses tend to like the idea of growth more than cost cutting after all.

[oefrha]

People don’t suddenly eat more food due to AI. That are a lot of industries with bounded total demand.

[jama211]

That’s true, however I’m truely glad 70% of the population isn’t working in food production anymore, those were the bad old times.

[Ensorceled]

> Businesses tend to like the idea of growth more than cost cutting after all.

I would offer as counter to this view: massive layoffs across the early adopters of AI, the tech giants.

[catmanjan]

However good growth is finite unless you also believe in immigration and debt

[jama211]

Well all of that is false and tbh sounds a bit sus

[catmanjan]

Infinite growth is a childish belief