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AI layoffs to backfire: Half quietly rehired at lower pay
(www.theregister.com)
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
I’ve long said the AI thing is a media distraction. The trend of performing mass layoffs while still actively recruiting started at least a decade before ChatGPT, and ramped up during the pandemic.