AI Job Fears Hit Peak Hype While Reality Lags Behind
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AI Job Fears Hit Peak Hype While Reality Lags Behind
Despite executive warnings about AI replacing workers, only 75 job cuts were explicitly tied to AI implementation out of 286,679 layoffs this year. The real story is more complex.
GazeOn (gazeon.site)
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AI Job Fears Hit Peak Hype While Reality Lags Behind
Despite executive warnings about AI replacing workers, only 75 job cuts were explicitly tied to AI implementation out of 286,679 layoffs this year. The real story is more complex.
GazeOn (gazeon.site)
Only 75 out of 287,000 layoffs this year attributed to AI replacement, yet further down, IBM alone has replaced "hundreds" of HR employees with AI. Which is it?
Absolute trash article. Any vague gesture in the direction of a fact is poorly defined with no sources. This should only increase skepticism towards AI replacing writers and journalists.
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This post did not contain any content.
AI Job Fears Hit Peak Hype While Reality Lags Behind
Despite executive warnings about AI replacing workers, only 75 job cuts were explicitly tied to AI implementation out of 286,679 layoffs this year. The real story is more complex.
GazeOn (gazeon.site)
Capital Economics analysts warned that some firms use AI as cover for cuts driven by poor financial performance. “For some firms, AI is a way to spin job losses driven by poor financial performance in a more positive light,” they wrote.
The AI job apocalypse narrative serves multiple purposes: it justifies hiring freezes, explains away poor financial performance, and creates urgency around AI adoption.
I suspected as much too: that the people in-charge are using AI as a scapegoat so that the anger that would have been directed at them gets turned towards AI instead.
Given that there's a vocal minority of Lemmings who blindly hate AI, I'd say their propaganda has definitely found at least some success.
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Only 75 out of 287,000 layoffs this year attributed to AI replacement, yet further down, IBM alone has replaced "hundreds" of HR employees with AI. Which is it?
Absolute trash article. Any vague gesture in the direction of a fact is poorly defined with no sources. This should only increase skepticism towards AI replacing writers and journalists.
yet further down, IBM alone has replaced "hundreds" of HR employees with AI. Which is it?
The article is implying that claims like these are bogus, no?
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yet further down, IBM alone has replaced "hundreds" of HR employees with AI. Which is it?
The article is implying that claims like these are bogus, no?
AI is changing how work gets done, but not eliminating entire roles. At IBM, “a couple hundred” HR workers were replaced by AI agents, CEO Arvind Krishna told The Wall Street Journal in May.
While we have done a huge amount of work inside IBM on leveraging AI and automationon certain enterprise workflows, our total employment has actually gone up, because what it does is it gives you more investment to put into other areas,” Krishna said.
The company used AI savings to hire more programmers and salespeople.
so they did fire a couple hundred HR people, but claim that allowed them to hire more people in other areas. ¯\_(ツ)_/¯
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This post did not contain any content.
AI Job Fears Hit Peak Hype While Reality Lags Behind
Despite executive warnings about AI replacing workers, only 75 job cuts were explicitly tied to AI implementation out of 286,679 layoffs this year. The real story is more complex.
GazeOn (gazeon.site)
Well, for now yes, but who knows what will happen next?
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Capital Economics analysts warned that some firms use AI as cover for cuts driven by poor financial performance. “For some firms, AI is a way to spin job losses driven by poor financial performance in a more positive light,” they wrote.
The AI job apocalypse narrative serves multiple purposes: it justifies hiring freezes, explains away poor financial performance, and creates urgency around AI adoption.
I suspected as much too: that the people in-charge are using AI as a scapegoat so that the anger that would have been directed at them gets turned towards AI instead.
Given that there's a vocal minority of Lemmings who blindly hate AI, I'd say their propaganda has definitely found at least some success.
Well, let's see what happens next. Sometimes it seems to me that I live in some kind of novel, and not the most rosy one, apparently in the dystopian genre just before the main events begin lol.
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Only 75 out of 287,000 layoffs this year attributed to AI replacement, yet further down, IBM alone has replaced "hundreds" of HR employees with AI. Which is it?
Absolute trash article. Any vague gesture in the direction of a fact is poorly defined with no sources. This should only increase skepticism towards AI replacing writers and journalists.
Well, they can say anything, for example, I am a flying wizard on a broomstick, I answer, I don’t lie.
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Only 75 out of 287,000 layoffs this year attributed to AI replacement, yet further down, IBM alone has replaced "hundreds" of HR employees with AI. Which is it?
Absolute trash article. Any vague gesture in the direction of a fact is poorly defined with no sources. This should only increase skepticism towards AI replacing writers and journalists.
AI : Actually India
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This post did not contain any content.
AI Job Fears Hit Peak Hype While Reality Lags Behind
Despite executive warnings about AI replacing workers, only 75 job cuts were explicitly tied to AI implementation out of 286,679 layoffs this year. The real story is more complex.
GazeOn (gazeon.site)
I'm having a thought now.
Each time we see "company laid off X employees to replace them with AI". Is it really to replace them with AI or is it just layoff because we are in recession that are disguised with AI to make it sound better ?
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