In other words: Nothing has changed.
Finance is destroying the real economy in search for "optimization" because business value doesn't neatly fit into an excel sheet cell. All these layoffs have been done because of AI washing right from the start.
In other words: Nothing has changed.
Finance is destroying the real economy in search for "optimization" because business value doesn't neatly fit into an excel sheet cell. All these layoffs have been done because of AI washing right from the start.
The desire for financial hyper-optimization has been killing the economy for a very long time, not just recently due to AI.
That said, AI isn't helping.