Lucy Castaneda’s Post

By the end of this year, I wonder how many people will be chalking up any layoffs to AI, and how true that assumption will be. "Experts struggle to get an accurate picture of just how many jobs are being eliminated as AI rapidly advances." #Bloomberg #YahooFinance #AIJournalism #AI #Layoffs #ResponsibleAI

Massive Layoffs Are Coming in 2024. 40% of SaaS companies interviewed say they are going to lay off employees and replace with AI according to Newsweek -Adopt new AI tools during the holiday that’s related to your career. Get certified in something that has AI in it. -Embrace AI or it will Embrace you. -If you do get let go, you need to know AI anyways, both for your next job or if you start an AI company. -If you do not get laid off, you need to use AI to be productive because your workload will triple without it. -Taking AI training courses, or teach one at your local community college -Tell your boss that you want to be one of the AI leaders and help them keep their job. https://lnkd.in/gX5uvp53

For all the hype, applied AI is still a small slice of company usage. There’s a new crop of strategists and experts as every hype cycle produces but the real heavy lifting will take solving problems and measurable outcomes. This is a clickbait headline that reflects the failure of the digital media evolution to gain and hold engagement. Remember when that was going to replace all the marketing jobs? We can do better this cycle. #aihype #hypecycle #clickbait

Newsweek: Massive Layoffs Are Coming in 2024. 4/10 said they are going to lay off employees and replace workers with AI. AI is Consequential. I recommend you learn AI as fast as possible: -Adopt one new tool a month that’s related to your career. -Taking AI training courses, I took a Stanford extended education class. -Demonstrate at your company you seek to be one of the AI leaders. -If you do get let go, you need to know AI anyways, both for your next job or if you decide to start a company. -If you do not get laid off, more work is coming your way, so you need to use AI to be productive.

Spoiler alert! It's AI. AI is the #1 reason many will be laid off. What should one do to avoid being laid off in 2024? "Because AI continues to be a reason for layoffs, take time to learn how to leverage AI in your position and which AI programs might impact your work the most. Learn about them and become the 'go-to' person. You want to be the employee your manager can't imagine going on without." Easier said than done? Not really. But it does take some "do". That's what I specialize in. I can help you pivot to a new career. Or in the case of new graduates, I can help you PREPARE for your next career. Send me a message and let's get started. 2024 is just around the corner. Don't assume, and don't get caught off guard. #MyNextChapterCareer #CareerChange #NewCareer #AIisHereToStay

42,000 Tech Layoffs in 2024 Already: AI is the cause - Googlers React To David Shapiro's Claims Googlers critique David's claims AI is responsible for job losses and layoffs. They discuss the data on job openings and hiring trends, the impact of interest rates and venture capital on the economy, and the conflicting levers of government policies. They also examine the factors contributing to layoffs, the inefficiency of layoffs and performance reviews, and the psychological impact on employees. The conversation explores the limitations of current AI technology and the future role of AI in CEO decision-making. Chapters 00:00 Introduction and Podcast Overview 00:31 Critiquing David Shapiro's Video 01:04 Discussion on Job Openings and Hiring Trends 02:30 The Role of the Federal Reserve and Economic Policies 05:03 Examining Layoff Data and Trends 09:24 Influence of Hiring Practices and Acqui-hires 11:13 Nexus of Causality and Simplified Realities 12:35 Future of AI and CEO Roles 14:31 Misconceptions and Conspiracies Surrounding AI 20:30 Openness of AI Companies and Research 24:27 Limitations of AI in Running a Company 27:30 Challenges of AI Models and Architectures 30:57 Influence of AI on Job Losses and Outplacement 35:06 Misconceptions and Exaggerations of AI Impact #aI #openai #layoffs #economy #technology https://buff.ly/48HUR68

Layoffs surged by 98% in 2023, affecting sectors like #tech, retail, and healthcare due to economic downturns and #AI impact. How can we #upskill and redeploy our #workforce for resilience amid AI advancements? Learn more on this Forbes article by Sherzod Odilov. https://hubs.ly/Q02jN4py0

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.

Discover today's top story from our 'Future of Work' newsletter: Over 4,600 job cuts linked to AI advancements have been reported in the US alone, with the tech industry being the hardest hit. But while these layoffs are often touted as corporate restructurings, the real impact of AI on jobs may be more significant and widespread than publicly acknowledged. Is transparency the missing key in the AI layoff debate? To sign up for one of our newsletters and learn more about the CogX Festival, visit https://lnkd.in/enybFDmw #ai #techindustry #futureofwork #usabusiness #layoffs

AI Layoffs Arriving Soon If your job can be easily replaced by current AI technology though, it might be time to worry. Nearly four in 10 business leaders said layoffs are happening to replace workers with AI. "Because AI continues to be a reason for layoffs, take time to learn how to leverage AI in your position and which AI programs might impact your work the most," Toothacre said. "Learn about them and become the 'go-to' person. You want to be the employee your manager can't imagine going on without." Steven Chizen, a California based employment attorney, said layoffs are typically based on some combination of business needs, job redundancy and performance. But there are still steps you can take to make your departure from your company less likely. "Workers should always ask themselves, 'How can I make myself indispensable?' Then, when an inevitable layoff arrives, they will be lower on the list of potentially impacted employees." Chizen told Newsweek. With the job market likely to be unstable in 2024, workers will still need to network and put feelers out in case they are indeed let go, Chizen added.