Gregory's Server@AnneTheWriter @fuzzychef The basic AI we have today is definitely going to make profound changes to the way we interact with search engines and other software, and there's definitely an arms race brewing, which will require more skilled engineers to build.
The truth of the tech job cuts is far more boring and straightforward. Large shareholders are demanding cuts so they can take short term profits at the expense of long-term gains.
@jnoxon @fuzzychef
That's a big aspect of this, have no doubt. Corp Boards saw how #ElonMusk fired huge numbers but #Twitter kept running, and they were inspired.
But this is a "perfect storm" moment, because many of the #TechJobs now CAN be done by automation and #AI . There will not be much damage done to their products by the loss of these workers, because #technology is making up for the lost #labor force.
Without negative effects of layoffs on these businesses, more #layoffs will happen.
@jnoxon @fuzzychef
That's a big aspect of this, have no doubt. Corp Boards saw how #ElonMusk fired huge numbers but #Twitter kept running, and they were inspired.
But this is a "perfect storm" moment, because many of the #TechJobs now CAN be done by automation and #AI . There will not be much damage done to their products by the loss of these workers, because #technology is making up for the lost #labor force.