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AI will reduce workforce, say 41% of execs in a survey
(www.theregister.com)
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this post was submitted on 07 Apr 2024
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No, but it does mean 41%fewer people can afford to buy these companies products, you cheapass shortsighted corporate fucks.
41% is the number of executives that think AI will reduce their work force, not the number of jobs they expect to replace.
Your point stands though.
More businesses will be started to make the products since the profit margin is suddenly so high... driving down prices.