If a business borrowed too heavily during the last 5 years/super lower interest rates cycle and are now really hurting because they couldn’t keep borrowing, they are choosing to reduce overhead ie employees. This was gonna happen no matter what IMO (i could be insanely wrong) but along came “AI” to solve all the problems aka shift the blame.
Like i said i could be way off but this seems like a fad that is gonna get scapegoated hard.
If a business borrowed too heavily during the last 5 years/super lower interest rates cycle and are now really hurting because they couldn’t keep borrowing, they are choosing to reduce overhead ie employees. This was gonna happen no matter what IMO (i could be insanely wrong) but along came “AI” to solve all the problems aka shift the blame.
Like i said i could be way off but this seems like a fad that is gonna get scapegoated hard.