But the important part is that idiotic managers and shareholders buy it. Although they might have caused their own bankruptcy, people has lost their job, and the demand of labour is not even staying the same. It has caused unemployment after all.
Many of those jobs lost to AI were going away anyway. AI is just the excuse management can use with less backlash currently. They have a bogeyman so they’re gonna use it.
But the important part is that idiotic managers and shareholders buy it. Although they might have caused their own bankruptcy, people has lost their job, and the demand of labour is not even staying the same. It has caused unemployment after all.
Many of those jobs lost to AI were going away anyway. AI is just the excuse management can use with less backlash currently. They have a bogeyman so they’re gonna use it.