alt Hacker NewsI feel like "Company ditches staff in favour of AI" stories currently fit into two categories 1) The CEO is actually ditching staff for other reasons like falling revenue, but "going AI first" sounds a lot better 2) The CEO is making a mistake.
I feel like "Company ditches staff in favour of AI" stories currently fit into two categories 1) The CEO is actually ditching staff for other reasons like falling revenue, but "going AI first" sounds a lot better 2) The CEO is making a mistake.
My speculation is straightforward: adding “AI” to the sticker ups the share price, dropping headcount improves the balance sheets upping the share price, and doing both at once could be perfect for a CEO bonus or strategic board member sell off.