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99% of CEOs Expect AI-Driven Layoffs in the Next Two Years (gizmodo.com)
submitted 5 months ago by to c/technology@lemmy.world
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[–] 71 points 5 months ago* (5 children)

Correction: 99% of CEOs are planning to use AI as an excuse to layoff employees to juice quarterly profits. They have zero accountability and golden parachutes, so no skin off of their asses.

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  • [–] 19 points 5 months ago (3 children)

    And the stock price bumps from layoffs mean they effectively get to just hand themselves huge raises.

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  • [–] 7 points 5 months ago (2 children)

    Then parachute and let some other schmuck deal with the fallout

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