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.
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.