I mean it kind of is, just less insidious sounding when laid out plain. Hiring people cuts into profits, so they want to hire less people and use AI, which is theoretically cheaper, to do it. And then you don’t have to worry as much about pesky things like UNIONS or HR or SEXUAL HARASSMENT LAWSUITS. Different people have different opinions on how evil absolute nihilism towards the people who are affected by the loss of those jobs is, I personally think it’s pretty fucking evil but I think pretty much every capitalist value is pretty fucking evil so I wouldn’t say my viewpoint on this is an especially nuanced one.