I dunno. Anyone who’s been at a big company (the kind that are inclined to over-hire) can attest to the massive population of folks who don’t seem to have any productive job. Does AI spell doom for those people? I have no idea, their job wasn’t to be productive in the first place. Being a warm body to expand the size of some middle managers fiefdom—that is not a job that can be taken by AI, right?
I guess maybe just engineering jobs are on the chopping block. Doomed, by the nature of their productivity actually being tangible, to be replaced by an AI that does their job worse.
Honestly, any company that's still laying off people that they "overhired" during the pandemic needs to take a hard look at their leadership teams, because they've had ample opportunity to be rid of such people.
If you over-hired and now need to layoff people, because founding and cheap loans aren't available, then AI provides a convenient excuse. You don't have to admit that you paid people to do nothing/very little for the last ten year.
I don't think it was a grand conspiracy. Executives are just panicking and don't have much more of a clue than the workers. It's just too bad they could weather the storm regardless while people relying on paychecks suffer consequences.