←back to thread

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

(www.cnbc.com)
12 points MilnerRoute | 1 comments | 06 Nov 25 15:08 UTC | HN request time: 0s | source
Show context
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.
replies(1): >>45837191 #
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 #
1. johng ◴[07 Nov 25 16:11 UTC] No.45847871[source]▶
I disagree with you. A ton of job losses I'm seeing are directly tied to AI.