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returnInfinity 6 months ago | parent | context | favorite | on: Ask HN: Are you unable to find employment?

All the CEOs are investing money in AI and that budget has to come from somewhere. So we have reduced hiring.

The CEOs are scared that if AI ends up working, then they will be left behind by competitors who invested in AI. So every CEO must invest in AI according to game theory.

Yoric 6 months ago [–]

> All the CEOs are investing money in AI and that budget has to come from somewhere. So we have reduced hiring.

Indeed. That was even communicated officially by several companies during their layoffs (including Google, iirc).

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