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There’s very little evidence of AI replacing jobs en mass.

There a ton of evidence that underperforming companies are trimming fat, with CEOs citing AI impacts rather than their own bad decisions that led to the fat that needed trimming.



Underperforming? Big tech companies are reporting record profits and major layoffs in the same press releases.


Relative to the number of people they employ, yes they were underperforming. Most did rampant over-hiring during the pandemic and are simply correcting for that now.


AI is perfect for this because you get to sweep bad decisions you made under the rug and look like a forward-thinking visionary. Why would any CEO not blame their layoffs on AI, true or not?


That’s exactly what’s happening.

Problem is though that nobody is really buying that narrative anymore.




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