A top economist says there's "zero evidence" AI is killing jobs, despite thousands of actual layoffs

[Northy]

Tech companies finding any excuse to lay off a bunch of people is not a new thing.

 

[JamesBlond]

I sincerely doubt you're accepting a paycheck from your employer simply because it "makes the world a better place".

Those who didn't sleep through their economics classes -- if they even took one --- realize that when a CEO increases a firm's profits, it means they're more efficiently converting inputs (labor, raw materials, etc) into goods and services ... and that's a good thing for all of us.

Like when Boeing fired 1000 staff and gave the CEO 45% bonus to 35million a year, noting they didnt fire the top stop only the bottom feeders

 

[m3diapers]

These are the same economists who promoted DEI initiatives. I am a government scientist and have spent years working on bias-related research for rulemaking--as long as we get paid, we say whatever our leadership determines.