cross-posted from: https://lemmy.world/post/43533515
When will we simply accept that it’s a bubble and move on, instead of pouring a relentless amount of resources into it.
cross-posted from: https://lemmy.world/post/43533515
When will we simply accept that it’s a bubble and move on, instead of pouring a relentless amount of resources into it.
I also feel like AI got used as an excuse to fire without spooking the market. As interest rates rose and remote work opportunities opened up the world labor market, saying that your company was using AI to fill developer jobs gave tech companies the smokescreen to fire senior devs in high CoL areas by saying “fUtUrE!” instead of admitting they were cutting development to the bone.
After the layoffs, since the tools are in place to develop from everywhere, why maintain Bay Area salaries?
It did.
Thats not even a conspiracy theory, that’s just math.
The consumer economy is contracting, the vast majority of businesses report somewhere between negative to 0 to minimal productivity gains from AI… a number of firms that cut people for AI, are already trying to hire people back.
Yeah. Its mostly a cover story… because we are starting to slope down more rapidly into the Second Great Depression.
Because all those assholes want everyone in the office.
Might be that they’re finally realizing you don’t need to be in-office, but to them that means you really should be in Punjab.
Yeah. Remote work means you can work anywhere.