AI adoption linked to 13% decline in jobs for young U.S. workers: study

The study is bs. While executives are blaming AI, it is nowhere near levels of replacement.

What I bet is happening under the covers is reprioritization of work, offshoring or both.

> What I bet is happening under the covers is reprioritization of work, offshoring or both.

AI has been frequently used as an explanation for layoffs.

Before AI, layoffs would be a positive signal to investors, but they'd be demoralizing to staff and/or harm the brand.

Now, you can say, "Wow, we're so good at technology, we're eliminated ___ jobs!" and try to get the best of both worlds.

My company did exactly this earlier in the year. It was a blatant lie and everyone who works here knew it. None of the people laid off were actually replaced with AI, the work they did was just eliminated.

Why bet? In the news recently Australian bank CBA was caught offshoring positions and claiming the jobs had been replaced by AI.

It’s also just natural cost cutting from businesses that were previously massively over hiring, and outside of AI don’t exactly have a ton of areas with huge growing investment.

Plus slashing jobs like this keeps the plebs in line. They don’t like software engineers having the money and job security to raise a stink over things. They want drones terrified of losing everything.

Yeah, unquestioning “journalists” have allowed them to turn laying off thousands into an ad for their new tech.