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nitwit005today at 12:35 AM1 replyview on HN

The problem with using unemployment as a metric is hiring is driving by perception. You're making an educated guess as to how many people you need in the future.

Anthropic can cause layoffs through pure marketing. People were crediting an Anthropic statement in causing a drop in IBM's stock value, which may genuinely lead to layoffs: https://finance.yahoo.com/news/ibm-stock-plunges-ai-threat-1...

We'll probably have to wait for the hype to wear off to get a better idea, but that might take a long while.


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pixl97today at 12:59 AM

Between 2004 and 2008 I did many things in computing as a company that offered my services, one of these was information gathering automation. It almost never immediately lead to decreases in employment. The systems had a to be in place for a while, people had to get used to them, people had to stop making common mistakes with them.

Then the 2008 crash happened and those people were gone in a blink of an eye and never replaced. The companies grew in staff after that, but it was in things like sales and marketing.

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