I guess they missed the memo that AI is now more expensive than people.

CEOs also have zero idea how AI/LLMs work. They are shockingly clueless.

What I think they're really saying is: 99% of CEOs expect to blame layoffs on AI in the next 2 years

I suspect this is kinda like outsourcing which they similarly couldn't manage because they're bad at management.

If a human cannot make sense of your directives, how will a chatbot?

99% of CEOs plan mass layoffs in the next two years

Fixed it for you

The C-suite doesn't even understand what AI can proper do and what it can't.

They expect layoffs. They're just going to blame AI for it.

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.

"Expect". As though it's entirely out of their hands.

Clarification - these are management driven layoffs. AI doesn't drive anything, managers replace people with it.

You know, a year ago people in charge were all, like nooo we’re not going to fire people and pocket the payroll savings

When did we cross the line where everybody stopped lying? I mean, our vaunted business leaders dropping the bullshit is welcome, even if its bad news… but the interesting bit is in the collective, unconscious decision to just own up to this as the likeliest future.

Can we lay off the CEO first? He’s pretty useless.

5% of those layoffs will actually be AI related. The other 95% will be profits related.

I expect 99% of CEOs to get laid off. They are too lazy, expensive and don't want to work. They have a ridiculous sense of entitlement. Ripe for automation.

Passive voice shenanigans. They expect to lay off. They're the ones doing it.

99% of CEOs Expect Looking forward to AI-Driven Layoffs in the Next Two Years

I find it weird how so many companies are targeting for layoffs instead of expanding the company. You get an accelerator..

https://isaiprofitable.com/ is a good site to see how profitable AI is at this moment....

Well good news then, 99% of the population is going to force these 1% CEOs to be ...laid off...

Replace C-suite executives with AI before the layoffs, then transition to a Co-Op. ✊🏼

This type of reporting is frustrating and I really should get off the internet.

These surveys are done by consultanting companies that have large investment holdings. For example in this report one of the surveys is from Mercer, who has an investment wing that has a AUM (asset under management) ^1^ of $727 Bn according to their website ^2^. Would there potentially be any sort of chance someone like Mercer never put out a survey that goes against the bullish market driven by AI speculation? Obviously journalists won't think about these things anymore because that will effect their click rate.

1. https://www.investopedia.com/terms/a/aum.asp
2. https://www.mercer.com/solutions/investments/

Anyone know of any publicly traded guillotine producers? I'd like to invest early.

Can any 'ai' round up billionaires and corporate CEO's and 'process' them through a woodchipper or guillotine?

That's the only ai company/startup I'm interested in.

When CEOs layouts? We can have 200 workers for their pay which will be "prompt engineers".

I ask again to consider that AI does not have to replace human labour to lead to layoffs. All it has to do is help existing labour to produce more in the same amount of time. In an economy that doesn't suddenly want to buy more product than it previously did, that means letting go of the people whose labour is no longer needed to produce the same amount product it previously had. Whether or not corpos are using AI as cover for layoffs, if today's AI increases productivity, it very likely will lead to layoffs. And there are signs that it does indeed increase productivity in some tasks in certain sectors.

Who are they expecting to sell stuff to if everyone is unemployed and fighting over an ever decreasing piece of the pie?

That’s okay. I will choose not to participate in your new economy beyond buying essentials like food.

Would you look at that. They kept pushing layoff all the time for fake reasons to increase immediate profit, and now they'll have another fake reason to do mass layoffs for maximum immediate profit.

What? AI? Who cares about that at this point. It's like a pretty ribbon on a big gift box to shareholders.

Automation of what ?

Layoffs of managers.

They're a biased source since their bonuses depend on those layoffs.

The company I work for has decided to change their TLD from .net to .ai to much eye rolling from the staff.

what were the last 3 years,? the other AI-DRIVEN layoffs. with the amount OF AI startups they are peddling in every tech conference, im not surprised the event-goers are laid off as soon as the event ended.

RTO mandates then AI driven layoffs has been such an insulting slap in the face. We all knew both were bs, but the flagrant contradiction of "real work can only happen in person" to "sorry your job is now being done by a shitty LLM on the cloud" is just. Ugh.

99% of CEOs are the person most replaceable by AI in their company.

Would it cause the company to crash? Very likely. But if all the other employees remained they could possibly save it. More likely than the CEO trying to save the company when it's crashing from having replaced all the worker-bee people.

Alien Invasion

It's always 2 years. Not so far to be fanciful but far enough to push it back every 6 months

These fucks get paid to say that tho.