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    1. Submission statement: „companies are no longer hiding their optimism over replacing human labor with AI, an unfortunate reality for those looking to maintain a stable job. But whether this „realignment“ will pay off in the long run remains to be seen.

      Cisc’s layoffs are also part of another pattern: tech companies saying they are shifting resources to boost their AI efforts and therefore they need to lay off people as part of a restructuring campaign.“

      Do you think this will be an ongoing trend with AI and jobs? Do you buy their justifications? Which jobs sectors do you think will be most impacted?

    2. „Do you think this will be a growing trend?“

      Yes.

      It’s quite clear that most, if not all large corporations feel that anything to increase profits is necessary. „It’s just business, it’ll benefit the shareholders, it’ll increase profits, it’s just business.“

      This sentiment has always been loud and clear, they’ve just needed the masses more, before, than they will as AI becomes more capable.

      They did it when they exported good paying jobs overseas, they’ll do it more as AI gains the ability to do the kinds of jobs their human workers used to do.

      They’ve never cared about their workers more than they’ve had to. The ones at the very top have a disease, a form of greed and entitlement that makes them see themselves as being far FAR above everyone else, and seeing the masses as nothing more than human resources, staff, workers, and numbers.

      It’ll only get worse because the government will continually be lobbied, influenced, and replaced by people who *also* support their cause, or are willing to do so for the right price.

      Unless they’re stopped, it’s a vehicle that will keep on plowing forward in the direction they’ve always plowed, at the expense of the masses, for the benefit of the few.

    3. Laughing at „despite $10bn profits.“. Capitalism is maximizing profits, not having profits.

    4. If you want tech companies to place providing jobs for everyone over pursuing technology advancement, then what are you doing in the futurism sub?

    5. maybe not popular in this sub, but UBI and UHC need to be considered for the US

    6. idisagreeurwrong on

      similiar headline a 110 years ago..

      „Ford motor company lays off thousands of workers to invest in assembly line technology“

    7. They used to regularly lay off a few thousand workers every year (while also hiring cheaper, younger workers at the same time) as a matter of policy, even before AI.

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