CEOs know AI will shrink their teams - they're just too afraid to say it, say 2 software investors
Briefly

CEOs are privately acknowledging that AI will allow companies to operate with smaller teams, despite publicly promoting hiring and AI as productivity tools. Investors highlight that the backlash against AI-driven job loss has forced CEOs to soften their message. While they emphasize that AI will enhance productivity, many experts believe companies may not need their existing staff levels. This contradiction creates a communication gap, as public statements often fail to reflect the realities executives are contemplating behind closed doors, producing bland corporate rhetoric on the topic.
AI is a tool to boost productivity, not to take anyone's job, according to the script many CEOs have been using.
Public companies are trying to prepare their teams for it, but the backlash was too strong.
But I think they're just walking back the fact that everybody knows they don't need 30% to 40% of the team they have today.
No one is going to get fired. You're just going to do more interesting things, that's the current state of the lie.
Read at Business Insider
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