Management's official wording is extremely cynical and transparent: the freed-up financial resources will be aggressively redirected toward the AI strategy and the integration of neural networks into corporate products. This is direct proof that AI has begun to physically cannibalize jobs in the tech sector. Companies are no longer hiring armies of developers to write basic code or testers for routine checks; these budgets are now going toward purchasing APIs from OpenAI and Anthropic or renting GPU clusters. The structural shift in the labor market has moved from the forecasting phase to the mass layoff phase.
Source: Computerworld / Guardian
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