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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.
They are not rehiring the same people. The jobs either go offshore, or to new people for less $
Thats also going to be more expensive than just keeping the same people. Its a sign of poor managment if they think otherwise.
Yes, but you see, number go up. You can tell shareholders number go up.
If the management thought a fancy text generator was going to magically replace human creativity and decision making, do you think we're talking about good management?
Quality of workers doesn't really matter for big corporations. They are too big to fail. Same with quality of product.
Windows is shitty. So is SAP. So is almost any product from big corpo.