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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.
That makes the point just as well. Company X uses AI to put software out even faster but the demand didn't suddenly manifest from nowhere so they sold the same amount. What do they do with the extra time? Sure they can work on something new, but there's probably an equal chance they keep release cycles the same and get rid of dead weight (i.e. people).