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CEOs say generative AI will result in job cuts in 2024
(arstechnica.com)
This is a most excellent place for technology news and articles.
Artificial scarcity…
But seriously, production for physical goods, you slow down because there’s too many on the shelves. I’m more talking about digital goods like app development. For them Production means features. The only time you scale back is that you either don’t know what features your buyers want, you can’t sell what you have produced, you have no bugs (which never happens), or you are trying save money/balance budgets where you don’t make enough to pay for the development teams.