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Comment on AI Job Fears Hit Peak Hype While Reality Lags Behind

Capital Economics analysts warned that some firms use AI as cover for cuts driven by poor financial performance. “For some firms, AI is a way to spin job losses driven by poor financial performance in a more positive light,” they wrote.

The AI job apocalypse narrative serves multiple purposes: it justifies hiring freezes, explains away poor financial performance, and creates urgency around AI adoption.

I suspected as much too: that the people in-charge are using AI as a scapegoat so that the anger that would have been directed at them gets turned towards AI instead.

Given that there’s a vocal minority of Lemmings who blindly hate AI, I’d say their propaganda has definitely found at least some success.

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SugarCatDestroyer@lemmy.world ⁨2⁩ ⁨days⁩ ago
Well, let’s see what happens next. Sometimes it seems to me that I live in some kind of novel, and not the most rosy one, apparently in the dystopian genre just before the main events begin lol.

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squaresinger@lemmy.world ⁨1⁩ ⁨day⁩ ago
The company I work at has an AI-related job freeze.

At the same time, AI is in the evaluation phase in the company and hardly anyone uses it for anything really. There are surveys, and they all say that AI can help a little bit in some niche circumstances, but that for most of the work it really does nothing.

Also, the AI evaluation is entirely driven by some curious employees and doesn’t really have anthing to do with upper management. In fact, upper management doesn’t want to pay the AI subscription fees.

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