Layoffs blamed on AI are really about stock prices
Quote
That has nothing to do with AI and everything to do with their stock prices. One third what it was a year ago.
Episode 252: Joy Robber (episode page, opens in a new tab) 01:05:10 (play audio from this timestamp, opens in a new tab)
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Summary
When Adam says AI is taking people's jobs, Dave relays a conversation with someone whose company's layoffs had nothing to do with AI and everything to do with a stock price at a third of last year's. The company mandates AI because its backlog of tickets and feature requests is endless, and for the first time agents are letting staff make progress on it.
Also said
Episode 252: Joy Robber (episode page, opens in a new tab) 01:05:19 (play audio from this timestamp, opens in a new tab)
So he said that the reason that they're doing, they're mandating the use of AI is because they have such a huge backlog of issues and feature requests that their staff just can't get to.
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