return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 months ago99% of CEOs Expect AI-Driven Layoffs in the Next Two Yearsgizmodo.comexternal-linkmessage-square72fedilinkarrow-up1303arrow-down18
arrow-up1295arrow-down1external-link99% of CEOs Expect AI-Driven Layoffs in the Next Two Yearsgizmodo.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 months agomessage-square72fedilink
minus-squaremelfie@lemmy.ziplinkfedilinkEnglisharrow-up66·edit-22 months agoCorrection: 99% of CEOs are planning to use AI as an excuse to layoff employees to juice quarterly profits. They have zero accountability and golden parachutes, so no skin off of their asses.
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up20arrow-down1·2 months agoAnd the stock price bumps from layoffs mean they effectively get to just hand themselves huge raises.
minus-squarepiecat@lemmy.worldlinkfedilinkEnglisharrow-up8·2 months agoThen parachute and let some other schmuck deal with the fallout
Correction: 99% of CEOs are planning to use AI as an excuse to layoff employees to juice quarterly profits. They have zero accountability and golden parachutes, so no skin off of their asses.
And the stock price bumps from layoffs mean they effectively get to just hand themselves huge raises.
Then parachute and let some other schmuck deal with the fallout
Pretty much.