Learned a new Term yesterday: #AIwashing !
What does AI-washing mean? It's similar to greenwashing. Claim that something is caused by / made because of X while in reality the reason is totally different.
2 examples:
1.) Facebook to lay off 20% of it's employees because of "AI will replace them".
Reality: Zuckerberg dumped billions USD into MetaVerse without any revenue.
It was really a dumb idea in the first place - even before AI...
1/2
2/2
2nd example
2.) Atlassian (JIRA/Confluence) said to lay off 10% of it's developers "because of AI is more efficient"
Reality: 2 years ago they stopped the licenses to run their products on premise and went cloud only. The problem is that many big customers will NEVER give their most precious data into the cloud. Even less so with erratic Trump on the red button.
But ofc it's easiear to say "because AI" instead of "because we messed up and don't understand our customers.
3/2 aka PS:
Maybe (most likely even) those people know _exactly_ what's the real cause. But in hindsight for the stock trend it's better to label it something with AI than to say they messed up?
Mark Struberg