"The marketing and salespeople were enthused by the possibilities of working with these new tools, he added."

I see the same push where I work and I cannot get a good answer to the most basic question:

"Why?"

"We want more people using AI."

"Why?"

". . ."

CEO of enterprise-software powerhouse IgniteTech.

Can someone tell me what they do? They don't have a Wikipedia Article and their website is mostly AI slop.

You probably don't want to work at a company like that anyway.

replacing nearly 80% of staff

So the title seems a little misleading. Maybe even clickbaity?

I think as a society we need to go through this, watching companies fail and shareholders losing their shit before the perpetrators of Assumed Intelligence end up in court.

I have mixed feelings about the employees who are caught up in this .. let's call it what it is .. scam.

It's easy to say .. you lost your job because your boss is an arsehole, but how much influence did each individual really have in the overall process?

I've been looking for the next paid challenge for five years .. well before this AI scam was perpetrated on the world. Despite having 40+ years industry experience and an aging population, my own age appears to be a barrier for the HR teams relying on the same tools that is causing them to lose their jobs.

As I said, I think this needs to blow up before it gets better, hopefully before I'm too old to do meaningful work.

Or work with them. Or hire them. And I don‘t even know what they do.

"Doing Our Part to Make the World a Greener Place"

Clown company. You can't promote AI and do a claim like that at the same time.

You have to use AI! For what? I dunno, figure it out or you're fired! <- a genius businessman, apparently...

This blind lemming-like rush towards AI that so many CEOs seem to suffer from seriously resembles cult behavior or severe drug addiction, my god...

They throw buzzwords at venture capitalists in hopes of one day selling out.

They are so hung up on replacing employees with AI, but they don't know how, so they force the employees to use AI, in the hope that the employee will teach the AI how to replace them

What happened next will SHOCK you!!

After grilling their silly LLM for a while, I was able to squeeze out what that company really is all about. They don’t really make anything. They just buy miscellaneous software companies, and turn those apps into subscription based cloud cancer. Enterprise software meets maximum enshittification, yeah baby!

They throw buzzwords

Now I understands why the CEO thinks AI could replace everybody.

Ah, so removing employees from this dumpster fire was a net positive for society.

What if we just swap CEOs with psychopathic assholes that only... oh wait.

cool story bro

Nah, vulture capital.

Same reason as forcing people back into the office even though it's the solution to a number of serious issues affecting society:

Investors/banks have tons of money in these markets and are incentivizing/forces companies to adopt these policies to prop up the markets, whether it is in their interest or not.

Just like an AI. Instead of learning from mistakes, he repeates them, and denies any wrongdoing.