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Generative AI is not replacing jobs or hurting wages at all
(www.theregister.com)
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this post was submitted on 29 Apr 2025
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Weren't there literally already layoffs in various industries because of AI (quick search yields several articles from the past year)? And even if there somehow hadn't been yet, that's obviously the goal with this shit -- cut human labor costs to save money.
If you actually read the article you'll see that it's discussing a study showing that AI in its current form is not capable of replacing human labor.
As if that will stop them from trying
Capitalist companies exist to make profit for their owners. The hype phase is now starting to die down because we're getting more and more hard data from companies that bought into the hype.