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% β€’ The Register Forums

@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.

@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