Mastodon Feed: Post

baldur@toot.cafe ("Baldur Bjarnason") wrote:

“"AI layoffs" like Block's are a race to the bottom that have nothing to do with productivity.”

https://productpicnic.beehiiv.com/p/ai-layoffs-like-block-s-are-a-race-to-the-bottom-that-have-nothing-to-do-with-productivity

> But after those layoffs come waves of rehiring

The only thing I'd add to this excellent post is that rehiring will only happen if the economy is otherwise in good shape, which is by no means certain at this point. (Oil crisis. Disasters. Trade wars. Etc. Etc.)