

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.
The article is implying that claims like these are bogus, no?