Job cuts in October hit highest level for the month in 22 years

(www.cnbc.com)
12 points MilnerRoute | 6 comments | 06 Nov 25 15:08 UTC | HN request time: 1.103s | source | bottom
1. johng ◴[06 Nov 25 15:28 UTC] No.45836291[source]▶
I have been warning all my non tech friends to save money and to hold onto their jobs for the past 6 months. I've seen the decimation that AI is causing in all kinds of industries. I fear this is just the tip of the iceberg.
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2. zerosizedweasle ◴[06 Nov 25 15:28 UTC] No.45836300[source]▶
As long as the AI bubble most people with suffer in the job market. Its degrading.
3. belter ◴[06 Nov 25 16:46 UTC] No.45837191[source]▶
AI is not causing this. Misallocation of capital and tariffs are. Only the sellers of pans, picks, and shovels....have an AI business case.
replies(1): >>45847871 #
4. ◴[06 Nov 25 17:17 UTC] No.45837595[source]▶
5. johng ◴[07 Nov 25 16:11 UTC] No.45847871{3}[source]▶
I disagree with you. A ton of job losses I'm seeing are directly tied to AI.