A lot of other engineering fields in the USA are seeing a manpower issue because the fields stopped hiring new engineers for a few decades then the Great Recession reduced the number of engineers they were hiring.
What people need to wrap their heads around is almost all of these cases are/were companies that were gonna lay people off anyways.
They just used “cuz AI” as a PR spin to avoid making investors panic.
“We laid off 25% of our workers cuz we are failing” makes your stocks tank.
“We replaced 25% of our workforce with AI” makes stocks go up.
And they can just lie about it. They probably arent even fuckin using AI… or they are half assing it to make it look like they are using AI to investors.
The reality is, the company is just shitting the bed and upper management is doing everything they can to stop the stocks ftom ranking for just 6 more months so they can sell out first before the company goes bottom up.
Companies actually using AI intelligently arent “replacing” anyone with AI.
They aren’t the first industry to do it.
A lot of other engineering fields in the USA are seeing a manpower issue because the fields stopped hiring new engineers for a few decades then the Great Recession reduced the number of engineers they were hiring.
I expect this to happen for programming.
What people need to wrap their heads around is almost all of these cases are/were companies that were gonna lay people off anyways.
They just used “cuz AI” as a PR spin to avoid making investors panic.
“We laid off 25% of our workers cuz we are failing” makes your stocks tank.
“We replaced 25% of our workforce with AI” makes stocks go up.
And they can just lie about it. They probably arent even fuckin using AI… or they are half assing it to make it look like they are using AI to investors.
The reality is, the company is just shitting the bed and upper management is doing everything they can to stop the stocks ftom ranking for just 6 more months so they can sell out first before the company goes bottom up.
Companies actually using AI intelligently arent “replacing” anyone with AI.
But saying
Usually makes the stock go up.
It… really does tbh, that is probably the most effective thing to announce thatll tank your stocks.
Laying off your workforce usually causes a panic sell out since its a death flag…
“I’m trying like crazy to distance myself from the actual ramifications of ai because it’s devastating for my arguments for ai.”