The company I work for has decided to change their TLD from .net to .ai to much eye rolling from the staff.

5% of those layoffs will actually be AI related. The other 95% will be profits related.

Can we lay off the CEO first? He’s pretty useless.

Correction: 99% of CEOs are planning to use AI as an excuse to layoff employees to juice quarterly profits. They have zero accountability and golden parachutes, so no skin off of their asses.

They expect layoffs. They're just going to blame AI for it.

This type of reporting is frustrating and I really should get off the internet.

These surveys are done by consultanting companies that have large investment holdings. For example in this report one of the surveys is from Mercer, who has an investment wing that has a AUM (asset under management) ^1^ of $727 Bn according to their website ^2^. Would there potentially be any sort of chance someone like Mercer never put out a survey that goes against the bullish market driven by AI speculation? Obviously journalists won't think about these things anymore because that will effect their click rate.

1. https://www.investopedia.com/terms/a/aum.asp
2. https://www.mercer.com/solutions/investments/

99% of CEOs ~~Expect~~ Looking forward to AI-Driven Layoffs in the Next Two Years

Clarification - these are management driven layoffs. AI doesn't drive anything, managers replace people with it.

I expect 99% of CEOs to get laid off. They are too lazy, expensive and don't want to work. They have a ridiculous sense of entitlement. Ripe for automation.

I guess the office leases weren’t THAT important after all

You know, a year ago people in charge were all, like nooo we’re not going to fire people and pocket the payroll savings

When did we cross the line where everybody stopped lying? I mean, our vaunted business leaders dropping the bullshit is welcome, even if its bad news… but the interesting bit is in the collective, unconscious decision to just own up to this as the likeliest future.

"Expect". As though it's entirely out of their hands.

Replace C-suite executives with AI before the layoffs, then transition to a Co-Op. ✊🏼

Would you look at that. They kept pushing layoff all the time for fake reasons to increase immediate profit, and now they'll have another fake reason to do mass layoffs for maximum immediate profit.

What? AI? Who cares about that at this point. It's like a pretty ribbon on a big gift box to shareholders.

https://isaiprofitable.com/ is a good site to see how profitable AI is at this moment....

Anyone know of any publicly traded guillotine producers? I'd like to invest early.

I find it weird how so many companies are targeting for layoffs instead of expanding the company. You get an accelerator..

Passive voice shenanigans. They expect to lay off. They're the ones doing it.

Who are they expecting to sell stuff to if everyone is unemployed and fighting over an ever decreasing piece of the pie?

Automation of what ?

When CEOs layouts? We can have 200 workers for their pay which will be "prompt engineers".

That’s okay. I will choose not to participate in your new economy beyond buying essentials like food.

Well good news then, 99% of the population is going to force these 1% CEOs to be ...laid off...