Walker

Use AI instead of hiring junior staff = stock price bump.

5 years later senior employees start to leave; there is no junior staff to promote and management panics.

Management does not want to spend money on new staff so they hire expensive contractors.

Contractors do a subpar job, charging 10x what an actual employee would cost (different budgets so its cool); and the company starts to go downhill and customers flee.

This starts a death spiral leading to either bankruptcy, acquisition, or restructuring.

The original management who approved the AI have all gone and cashed in their stock.

Just a guess at what is about to happen across the industry.

https://forums.theregister.com/forum/all/2026/03/16/servicenow_grad_jobs_ai/

#ai #servicenow #hiring #bankruptcy #aislop #salesforce

ServiceNow boss warns AI could push grad unemployment past 30% • The Register Forums

Mar 16 at 1:42pmWeb
Show threadrhempel17h ago
@Walker Contractors come out of a different budget than staff ...
Show threadWalker17h ago
@rhempel Exactly. More so if its a public company, keeping full time headcount down may be good for the stock price.
Show threadDaniel Gibson17h ago

@Walker
... if it doesn't fall apart even sooner because due to mass unemployment no one can afford their products anymore and they go out of business before a lack of seniors becomes a problem

either way, we're living on one of the more idiotic timelimes

Show threadMichael Eggers 🇺🇦🇪🇺17h ago
@Walker I find it pretty weird that not more people are talking about this. At least it seems to me like it. You basically saw of the branch you're sitting on. I mean it is fine for me. When they need me I am going to charge 10x.
Show threadDaniel Gibson15h ago

@pythno @Walker
brainrotten LLM-peddlers assume that AI will get so much better over time that they won't need seniors anymore either, just managers who tell AIs what to do

10x is the very minimum for debugging/fixing slop

Show threadsoc17h ago

@Walker When shit hits the fan, the people who made these decision received their bonuses, got promoted and then moved on to a more important job title at another company years ago.

Worked for them, obviously.

Why would they care about problems at their pre-pre-previous company?

Show threadKevin Karhan 8h ago

@Walker that's the Problem with #ManagementCulture for 30+ years!