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pclowestoday at 2:23 AM2 repliesview on HN

I still strongly feel all layoffs to date have much more to do with interest rates than AI. This may change but I am deeply skeptical of massive RIFs being caused by AI at this point.

Look up FRED data in Interest Rates, SWE job postings over time and then look at the stock price of one of these companies claiming “AI layoffs” over the same time frame (eg. Block). Then read reports of 0 discernible AI impact to US GDP in 2025…


Replies

muzanitoday at 2:42 AM

I feel like game dev is an entirely different market to the typical startups. Different investors, different talent, different marketing and market validation. Those who invest have already made their money in games (or "gaming"). The SDLC of an average Steam game is very waterfall.

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thaumasiotestoday at 5:11 AM

> I still strongly feel all layoffs to date have much more to do with interest rates

Really, interest rates? Not the change in the law that made it illegal to treat software developer salaries as a business expense?