“AI leads to layoffs.” Be careful with who is saying that. One of the major concerns about AI across industries is that it will cause layoffs. That people will lose their jobs because AI will be able to do their work for cheaper. This may have been the case with some layoffs. And it will likely be the case with some future layoffs. But we do need to be skeptical when we hear this. Large layoffs have always come in waves as big companies respond to market forces and to their own pursuit of profit. And this has always brought them some negative attention. So imagine the relief now that these big companies can scapegoat their layoffs on AI, instead of admitting that the layoffs were to increase their bottom line for the benefit of shareholders? And, doesn’t it look good to those exact same shareholders to hear that the company is so “cutting edge” that their tech can already replace workers? My point is that there are two big reasons why a large corporation would blame layoffs on AI. Even if AI had little or nothing to do with it. It takes the blame off of them AND it looks good to their shareholders. I am not saying that there haven’t been layoffs due to AI. Or that there won’t be. I am just saying that the narrative and the truth are rarely the same thing. And that the narrative can be manipulated to benefit big players. What do you think?
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AI and layoffs. Is AI just a cover for a deep recession that has obviously begun. Blaming AI for thousands of layoffs seems more like a cover for bad economic news. Can’t someone, anyone be honest. Please! We need truth to make cogent arguments and decisions. Without truth we’ve already lost. Trust does not exist without truth and leadership cannot lead without trust. So let’s start being truthful or the truth will eat us for lunch.
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Trends show the increase in layoffs within the tech industry does coincide with AI investments, contributing to the popular assumption that as AI grows, jobs will be lost. But when taking a closer look, I noticed that often companies aren’t decreasing their overall headcount; they’re cutting in some areas as they hire teams with new skills. Article in comments on what business leaders can do differently during tech layoffs in the age of AI. #RNN #RecruitingNewsNetwork #AI #Layoffs
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VP of Operations | Driver of customer success through strategic and operational excellence in EdTech and Technology.
🤔 Will we soon see mass layoffs due to AI? Maybe, but maybe not... Recently, I had the opportunity to assist a publishing-industry client in implementing a custom GPT to support their Content Rights team. Rather than replacing jobs, this innovative approach led to something pretty interesting. Instead of layoffs, they experienced the opposite — new hires! 📈 By leveraging AI to streamline processes, this client saw their revenue increase by almost 4x while "only" doubling their team size. 💡 This is the kind of use case that highlights the actual potential of AI when used thoughtfully and strategically. The idea shouldn't be to only think about replacing jobs; it must be about allowing your teams to achieve more. 👉 You want to know more? Let's chat! Follow me and comment with "Contact me", I'll reach out! Virtual Mind Consulting #AI #Innovation #BusinessTransformation
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AI doesn't scare my clients. What worries them is: 1. Being left out of the market and it being too late. 2. Having postponed their life for a job. 2. Being just a number in the face of sudden layoffs. The good news is that they already have another plan. #exitplan #fractionalmanagement #careertransitions
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Is Galloway right? Has AI been one of the key enablers of the mass layoffs in the tech sector? I think it makes sense since these companies are closest to it right now. If correct, we will see layoffs spread to other sectors as they adopt AI in the coming months or years. What do you think? Is AI on a path to replace many of our jobs? Have you been impacted by it? #ai #layoffs
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Shaping Immersive Realms: XR Specialist & Tech Enthusiast | Committed to Crafting Impactful Experiences that Resonate | Open to work
Why should we talk about these layoffs, ai and robot? The recent wave of layoffs has us all thinking about the future of work. While AI is undoubtedly an innovation engine, it's also prompting concerns about job displacement. So, how do we embrace progress while ensuring a smooth transition for the workforce? I don't see that happening 😕... Here's a thought experiment: what if we viewed AI as a teammate, not a competitor? Imagine collaborating with AI to streamline workflows, freeing us to focus on the creative, strategic aspects of our roles. Wouldn't that be a win-win? maybe 🤔... However, let's not sugarcoat it. Change can be unsettling. We need proactive strategies to reskill and upskill the workforce, ensuring everyone benefits from the AI revolution. Right? The only problem being ai moves fast and unpredictably. 🤗 This is where my questions start! - What are your thoughts on the future of work in the age of AI? - How can we best prepare for the changes ahead? - What skills will be most in demand? Let's share ideas and work together to ensure a future where innovation benefits all. #futureofai #ai #upskilling #layoffs #xr
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Tech Layoffs and AI Myths: The Need for Smarter Leadership in a Changing Landscape. Good thought-provoking article, highlighting a recurring pattern that emerges during every technology hype cycle. The layoffs are generally being done to reduce the cost and make investor happy that some measures are being taken by company to improve profitability. The same thing happened with generative AI, it is being considered as implementing automation which might impact the job. However, automation do have impact on certain segment of job but they are limited to automation. Leadership is often taking AI adoption reactionary decision based on market trend and investor pressure. Investor and board rush to adopt AI are often quick but often poorly planned financial decisions. Business has a believe that that they can replace experienced tech worker with lower experience low-cost hires. The recent tech layoff’s raises more questions than answers which every organization leadership need to introspect such as effectiveness of Layoffs for Growth, AI Misconceptions and how company must educate their stakeholders about realistic growth of AI and others. By addressing misconceptions, investing wisely, and fostering a collaborative and informed leadership approach, companies can better position themselves for sustainable growth and innovation. #CEO #LeadershipDevelopment #leadership #leaders #ai #aiadvancements #aiadoption #digitaltransformation #ceoguide #ceotips #ceotalk #ciocommunity #cioinsights #jobalerts #jobforyou #jobhiring #job #jobapportunity #jobavailable #leaders #leadership #ceo #leadershipadvice #hiring #layoff #jobboard #jobalert #jobchangers #layoffs2023 #lookingforajob #lookingfornewopportunities #lookingfortalent #lookingforemployment #lookingahead #lookingforwork https://lnkd.in/eEx4nwSF
Let's Talk About the Real Reason for All These Tech Layoffs
inc.com
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Result-Driven Final Semester Corporate Communication Graduate Student with Versatile Business Background. I am committed to contributing my adaptable skills and strategic mindset to enhance organizational success. Dec 24
Well-known marketing professor and media impresario Scott Galloway has a theory as to what’s behind the layoffs: AI. The catch is many executives are hesitant to admit they’re laying off employees with the intent of replacing their jobs with artificial intelligence. "My thesis is that firms (notably tech companies) have also discovered a weight loss drug and are also being coy about it,” Galloway writes on his blog No Malice, No Mercy. "Recent financial news features two stories: layoffs and record profits. These are related.” My thoughts are that AI is and has already contribute to job attrition it's going to be another issue how companies are willing to convey that message.
All the tech layoffs are because AI is like ‘corporate Ozempic’—it trims the fat and you keep the fact you’re using it a secret, says marketing guru Scott Galloway
msn.com
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I assist founders, SaaS startups, and CEOs focused on bootstrapping to enhance sales and build strategic relationships.|| Sales development representative|| Tech Sales|| ForbesBLK Member
𝗧𝗲𝗰𝗵 𝗟𝗮𝘆𝗼𝗳𝗳𝘀 𝘁𝗵𝗶𝘀 𝘆𝗲𝗮𝗿 𝗵𝗮𝘃𝗲 𝗯𝗲𝗲𝗻 𝗰𝗿𝗮𝘇𝘆! As companies aim to reduce operational costs, we've witnessed a surge in remote roles. It's tempting to attribute this to the emergence of AI, but let's explore a few perspectives. AI as an Enabler: Yes, this one; some argue that AI has indeed played a role in automating certain tasks, leading to layoffs. While it streamlines operations, it's crucial to ensure that AI augments, not replace, the workforce. Upskilling and reskilling are key. Tech Changing Fast: On the flip side, tech layoffs may be driven by evolving industry dynamics, such as shifts in market demand, company restructuring, or even economic challenges. In such cases, the blame might not rest solely on AI as companies need to make tough decisions.🤔 The Human Touch: This perspective emphasizes the irreplaceable human touch in tech. Soft skills, creativity, and innovation remain uniquely human strengths that technology can't entirely replicate. Tech companies may and will still prioritize human talent. The reality is complex and the real answer is a bit of everything, and not just AI at play. 𝙬𝙝𝙖𝙩 𝙖𝙧𝙚 𝙮𝙤𝙪𝙧 𝙩𝙝𝙤𝙪𝙜𝙝𝙩𝙨 𝙤𝙣 𝙩𝙝𝙚 𝙧𝙞𝙨𝙚 𝙤𝙛 𝙡𝙖𝙮𝙤𝙛𝙛𝙨 𝙩𝙝𝙞𝙨 𝙮𝙚𝙖𝙧?
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Getting replaced by AI is something everyone should be proud of. AI is the next generation of workers and we’re paving the way for them. We are no longer being replaced by younger humans and that’s exciting. It shows how far we’ve come as a species that we’re being replaced by AI. 100 years from now it will seem archaic to be replaced by younger humans. 100 years from now it will seem silly that human beings had actual jobs. Don’t resist change.. embrace it. Be proud to be replaced by AI. **This is the email I just sent out to my team announcing our next round of layoffs.** #layoffs #ai #machinelearning #leadership #thoughtleadership
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Localization Advocate | Age Diversity Champion, Innovative Trainer, Community Builder | ex Pearson Education | LocLunch™ San Diego Ambassador
3moI agree it will be interesting to see how this all plays out, my thoughts: as usual the organizations who rush around to get AI implemented just for AI sake (and appease shareholders) are the ones who will ramp up and impose long hours on valuable assets of AI engineers etc., only to discard those assets in the end. Those Assets are people, who build in ability to compete, but ultimately are disposable. Gabriel Fairman