this post was submitted on 16 Jan 2024
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264
CEOs say generative AI will result in job cuts in 2024 (arstechnica.com)
submitted 10 months ago by [email protected] to c/[email protected]
65 comments fedilink hide all child comments
 

And last year they were all saying some variation on "don't worry, AI is not going to cost anyone their jobs."

Key take away for anyone is to never trust what an executive is saying. Much like a politician, if their lips are moving they are probably lying.

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[–] [email protected] 47 points 10 months ago (12 children)

Reminder: the problem is 100% capitalism, 0% technology. We've built a truly perverse economic system in which eliminating labor hurts people.

[–] quantum_mechanic 2 points 10 months ago (2 children)

We have Jack Welch to thank for this trend. It wasn't always that way.

[–] [email protected] 3 points 10 months ago (1 children)

Or Henry Ford. Heck choose anyone in the Industrial revolution. Thats when this started truly kicking off.

[–] quantum_mechanic 3 points 10 months ago* (last edited 10 months ago)

Well, it was Jack Welch who started the braindead "line goes up" trend of making their share price raise by any means, usually layoffs. Before him, people still had jobs for life and were somwhat looked after by their employers. Behind the bastards podcast did a good episode on him.

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