#automation-skepticism

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#ai-and-employment #layoffs #investor-relations #ai-adoption #mass-layoffs #worker-resistance
Artificial intelligence
fromFortune
2 days ago

AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests | Fortune

AI adoption is not currently causing widespread job losses; firms appear to rebrand routine layoffs as AI-driven to present a more positive message to investors.
fromFuturism
4 months ago

CEO Boasts That He Laid Off 80 Percent of His Staff Because They Didn't Love AI Enough, Threatens to Do It Again

When it comes to AI, you'd be hard-pressed to find a more groveling cheerleader than the humble CEO. As hype around the software grows, business execs have become astonishingly comfortable sharing their hopes that AI will soon make human labor a thing of the past. Now, even as Wall Street begins to reckon with the empty promises of AI automation, one CEO is bragging about laying off almost all of his workforce in the face of the tech - a move he says he would make again.
Artificial intelligence
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