Interest rates also rose dramatically over the last few years.
Frankly, until this shakes out over a longer term, I think it’s more correlation vs causation.
CEOs certainly don’t want to say, “our financials are strained, we need to cut jobs” if they can say “AI is enabling us to be so much more productive we don’t need as many workers”.
12hphlieger on
> According to one report released earlier this month by the executive coaching firm Challenger, Gray and Christmas, AI may be more of a scapegoat than a true culprit for layoffs: Of more than 286,000 planned layoffs this year, only 20,000 were related to automation, and of those, only 75 were explicitly attributed to artificial intelligence, the firm found. Plus, it’s challenging to measure productivity gains caused by AI, said Stanford’s Chen, because while not every employee may have AI tools officially at their disposal at work, they do have unauthorized consumer versions that they may be using for their jobs.
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Spooky. Very turbulent times ahead I see
Interest rates also rose dramatically over the last few years.
Frankly, until this shakes out over a longer term, I think it’s more correlation vs causation.
CEOs certainly don’t want to say, “our financials are strained, we need to cut jobs” if they can say “AI is enabling us to be so much more productive we don’t need as many workers”.
> According to one report released earlier this month by the executive coaching firm Challenger, Gray and Christmas, AI may be more of a scapegoat than a true culprit for layoffs: Of more than 286,000 planned layoffs this year, only 20,000 were related to automation, and of those, only 75 were explicitly attributed to artificial intelligence, the firm found. Plus, it’s challenging to measure productivity gains caused by AI, said Stanford’s Chen, because while not every employee may have AI tools officially at their disposal at work, they do have unauthorized consumer versions that they may be using for their jobs.