"The Silent Impact of AI: Unveiling the Truth Behind Tech Layoffs"

TL;DR Summary
Marketing guru Scott Galloway suggests that the recent wave of tech layoffs is due to the increasing use of AI in the workplace, likening it to a "corporate Ozempic" that trims the fat while keeping its usage a secret. Despite stellar business results, tech companies have conducted significant layoffs, with Galloway pointing to AI as a major factor. He predicts that as AI becomes more prevalent, executives will become more open about its role in replacing human jobs. While AI may eliminate certain job functions, it could also augment human work, and experts in the field will be in high demand as its usage proliferates across various sectors.
- All the tech layoffs are because AI is like ‘corporate Ozempic’—it trims the fat and you keep the fact you’re using it a secret, says marketing guru Scott Galloway Fortune
- Tech Layoffs Keep Coming. Why Is Head Count Barely Budging? - WSJ The Wall Street Journal
- Despite Booming Economy And Record Profits Google, Amazon, Microsoft And More Lay Off Over 42,000 So Far In 2024 Yahoo Finance
- SF layoffs continue, with Salesforce, Cisco cutting jobs | Technology San Francisco Examiner
- The economics of job cuts; why layoffs continue Computerworld
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