this post was submitted on 23 May 2025
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  • Over 90 000 employees have been laid off from the global technology industry in 2025 so far.
  • Over 73 percent of all layoffs are taking place in American companies as they embrace AI-powered efficiency.
  • Intel will likely be the biggest firer this year, with an expected over 40 000 positions being cut by the end of the year.
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[–] [email protected] 22 points 1 day ago

it makes for a very good narrative to spin at investors

Particularly for the investors in AI companies. AI is useful. I use it a lot, but all of this shit they put out about what if AI's take over the world or how we're going to have to figure out how to deal with 90% unemployment is science-fiction marketing.

It's not going to take over the world. It's not going to put artists out of work—not once consumers take in the AI-generated results.

It's sure as fuck not putting software devs out of work on any kind of scale. It makes me a bit more productive, but not enough to replace a productive co-worker.

On the other hand, I've had team members who would boost overall team productivity by getting fired before LLMs.