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this post was submitted on 29 Jan 2024
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Technology
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The tech layoffs are not related to industry replacing those jobs with AI. Tech overhired and now they are adjusting. Simple as that.
Untrue. They overhired and were content to keep building up warchests of IP using those drones, then a billionaire wrote them a tersely worded letter and they responded by acting in solidarity (conspiring actually) to force austerity on famously well-compensated tech workers who they feel they can AT LEAST partially be replaced by AI.
Reading stuff like this is so crazy. They just go "hey 150k is a nice big number and should be plenty of heads, let's just just take way the livelihoods of tens of thousands of actual people to make a number look nicer"
At least they didn't choose 100k or 10k
/s partially
NPR suggests the tech layoffs of 2024 are just companies following the bandwagon and shareholders frenzying over it...
https://www.npr.org/2024/01/28/1227326215/nearly-25-000-tech-workers-laid-off-in-the-first-weeks-of-2024-whats-going-on