IBM announced it would pause hiring and replace 7,800 jobs with AI

yeah, and something tells me that the people getting fired now will wind up in the same “non-employee” category once they are rehired as contractors ( and then responsible for all of their own benefits too. )

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Yah, this sounds like spin to cover up layoffs by couching it in the hype around AI, all to keep the stock price from dropping (as layoff announcements sometimes do). Of course, sometimes layoff announcements make stock go up because Wall Street is a collection of sociopaths.

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“We’ve automated a bunch of tasks with webtoo-… I mean AI!

All the recent tech industry layoffs seem solely about getting their stock to go up… The idea that this set of workers is permanently gone must really excite Wall Street.

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I had a non-management colleague who did some management courses, and he commented that the course textbook had been incredibly valuable for his career.

Me: “Is it that useful a book for you?”
Him: “The book isn’t useful, on its own. What’s useful is the knowledge that all the managers in this place have the same book. So when a half-baked idea is announced that I know damn well they’re going to leave unfinished before they muddle off to their next half-baked idea, I can pull down the book, open the table of contents, look where they’ve read up to, and predict their next half-baked idea by checking what the next chapter is.”

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