alt Hacker News> Layoffs because of AI make no sense to me.
That's because these layoffs aren't about AI. They're about firms that overhired and Wall St is (finally) having a sobering moment of their (profit) growth potential.
> Layoffs because of AI make no sense to me.
That's because these layoffs aren't about AI. They're about firms that overhired and Wall St is (finally) having a sobering moment of their (profit) growth potential.
This line has been repeated ad nauseum for years at this point.
How long does a "sobering moment" last? Two years? Five? Ten?