alt Hacker NewsIt's simple: it's just a lie. We are seeing the goal of AI in action here, which is reducing payroll costs.
Replies
djeekle • yesterday at 10:47 PM
Since the rush for AGI isn’t panning out, I can see tech firms engaging in tacit collusion that aims to reduce the salaries of software engineers.
There’s proof of tech firms engaging in explicit collusion back in the 00’s.
I also don't understand that take.
Imagine you run a mowing service with 4 employees. Suddenly 2 more people volunteer to mow yard for your company for free!
Is your reaction to fire two of the paid employees and keep mowing the same number of yards (with reduced payroll costs), or to expand the business to mow more yards?
Which of those responses feels more in line with a "strong and growing" business that is "continuing to support more customers" and has "improving profitability"?