alt Hacker NewsI've become convinced that "investing in AI" is just the magic incantation CEOs are using to spin layoffs as a positive rather than a negative for the company's reputation among investors
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bigfatkitten • today at 7:19 PM
AI isn’t replacing anyone, rather the money previously used to pay those people’s salaries etc is now being spent on AI.
lofaszvanitt • today at 6:08 PM
They shove off people forced on them so they could grow faster, but the problem is, they don't have the ideas....
apercu • today at 4:14 PM
It's PR to cover management failure due to "me too", which reached ridiculous levels in the last 5 years.
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Yup. I thought this was an interesting take on the Block layoffs, from a former employee:
"I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem."
https://www.nytimes.com/2026/03/04/opinion/block-jack-dorsey...