Nearly all the tech layoffs are simply companies trimming fat that was there the whole time. Outside the tech bubble folks have increasing disdain towards AI and can smell AI generated content from a mile away.
The tech is cool, and useful, but massively overhyped. Now there’s a mad rush for companies to IPO before the music stops.
It can be about the proximal cause, but it doesn’t have to be at all.
All of that said, AI is going to directly cause job loss, I’m calling it now. Not as much as the doomsayers predict, but more than most people expect.
jqpabc123•1h ago
I think we just found the first evidence of AI's expected influence on the labor market.
citrin_ru•45m ago
apwheele•40m ago
I hate it, but the X thread is the easiest review piece I can find, https://x.com/pj_lambert/status/2057477629528150369.
cshimmin•23m ago
iso1631•15m ago
I struggle to see how WFH, especially as that was far more common from 2020 to 2023 than 2023 to 2026
Rather than the post-covid slump we've seen globally
> WFH makes supervision, monitoring, and on-the-job learning harder
It makes it different. In many ways it makes it easier, if you have the right supervisors and mentors working in the right way.
The larger impact would be hotdesking. Going to an office and not sitting anywhere in your team makes collaboration harder than working from home.
The requirement to move job to progress in remuneration harms retention, and thus reduces willingness to invest in a junior, but it's the expectation to move job after 2-3 years.
gruez•39m ago
https://www.economist.com/content-assets/images/20250621_FNC...
skeeter2020•35m ago
iso1631•29m ago
https://upload.wikimedia.org/wikipedia/commons/a/ab/Unemploy...
I think you'd struggle to draw any conclusions about AI.
Note your quote was "all workers", not "workers of same age with or without a degree"
In the aftermath of 2008, recent graduates hit 7-8%, but their contemporaries without a degree hit 15%