this post was submitted on 25 Mar 2026
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So if you say you are laying off employees as necessary for cost cutting. One of the problem with fake jobs is companies that are seeking employees are seen as healthy and growing so it looks better for them to be seeking them. Cutting looks bad. Right now though we have this gift to corps. Its a horrible global economy but if you say you are laying off because you can make it all up and more with ai then your stock won't just not fall but actually rise and you will be looked at as next gen smartz super good company. If its not clear I think many layoffs now is kinda being blamed on ai when that is not what its about at all.
Blaming AI makes AI sound like a legitimate technology. Silicon Valley had a good run, they took all the proven analog tools of society and digitized them, but once all that was done, there has been no real innovation in software other than enshittification with ads and subscriptions, which people are avoiding. There was a boom during lockdown but people are getting away from the garbage on social media..Facebook, X, ticktok, insta etc. is for losers. Typically all the same people.
In the long run AI will have as much impact on work as Google's original search engine, but that's it.
nah it means blame something besides the company is doing poorly.
CBA got caught out, bunch of layoffs announced, stock price up, they say "because ai", turned out they just offshored the jobs to India.
https://www.news.com.au/finance/business/banking/commonwealth-bank-admits-jobs-were-offshored-to-india-after-283-redundancies/news-story/855cf33c0a63773afd0de91c92649292
unless you look at the stock price which nearly always goes up after job cuts are announced.
so to owners it looks good.