One thing we know about the mass tech layoffs attributed to "AI" is that they follow a trend of mass tech layoffs that firms were formerly forced to admit were the result of their businesses contracting sharply after the lockdowns ended, when users didn't need nearly so many cloud services. By blaming the continuing layoffs on "AI," companies whose business continues to contract can tell investors that they are on the bleeding edge, not the contracting tail.

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@pluralistic Yes in order to have integrated AI into everyday processes replacing employees inside a business- AI tooling is too recent. Critical Internal processes are often held together by a few key people and depend on smallish datasets that doesnt need AI to manage. More likely there are downturns. External expensive consultants may find valid AI use cases which result in advice on internal layoffs of business expertise-but this is not replacement by AI more like a power grab.