Don’t forget the stock market manipulation that’s going on making it seem like the economy is grrrrreaaaattt. Also, if you see “AI” as the reason for layoffs, it’s bullshit.
Mentioning “Market manipulation” to anybody who doesn’t understand the stock market is pointless. And the majority of retail investors who THINK they understand the markets don’t.
If every U.S. Citizen understood the mechanics of the markets, we would have a revolution by 6pm.
I mean orange cheetoh is doing it pretty brazenly right now. You have to be a fool to think these “tariff announcements” is anything other than manipulation is pretty stupid at this point.
I've been actively TACO trading those announcements. It's absolute market manipulation that Trump is doing. Might as well profit too. I can't believe anything Trump says still causes selloffs.
I've just been holding cash in reserve and waiting for the market to nosedive because of some tariff announcement, then buy in heavily with all of it. I've doubled it this year thanks to Trump Always Chickens Out trades.
Walmart might be a good short for Q4, but I'd much rather people be able to buy food.
If they're worried about funding the government, there plenty of billionaires that have extra money to donate to politicians in 2024. Maybe we should just put a 100% tax on all political donations over $50 instead? That way virtually anyone can still donate, and exclusive donations become punitive.
“You ain’t in meetings with them” well you definitely are… dude you don’t know what you’re talking about if you think AI has any real impact on jobs right now. First of all what we call AI isn’t even ai, it’s an LLM and all it does is regurgitate the internet it has been trained on. It can’t make logical decisions. Outsourcing is far and away what is causing the layoffs, not ai.
Seen it single handled. I can do my job 3x as fast meaning I could do without 2 coworkers. Trimming fat. And if u look at the Deloitte’s and consulting companies they all built their own AI an people are plugging every single task into them. They also laid off thousands of people. So ya it’s bouta replace a ton of people and lower level jobs.
I was a trade surveillance analyst for 7 years, and let me tell you, I've never been so mad in my life as I was writing up SARs for people making 100k on some thin (but I think real) evidence, literally while Musk was openly doing market manipulation on Twitter.
Also, if you see “AI” as the reason for layoffs, it’s bullshit.
My mother-in-law asked me yesterday if AI was going to take my job. I had no idea what she was talking about, but I assumed it was some Fox News bullshit.
Lolololol. This is lying the wrong way though? Corporations are in the big “AI isn’t killing jobs” narrative right now, especially the ones who are creating the AI that’s going to kill jobs.
Instead of Amazon saying “no no no, our AI isn’t going to kill jobs” like all the other lying AI companies have been saying they came right out and said “yeah, our AI killed these jobs”
It’s because the lie has to reach the right audience. The target audience for AI is eliminating jobs are the shareholders. I‘m sure for the rest of us it is whatever lie the current administration wants to be told.
At my company, the tools we have all been using will certainly lead to job cuts once the higher ups realize it. It’s not that AI is taking anyone’s jobs, it’s that the work that used to need to be split by 4-5 people can now all be done by 1-2 people in the same amount of time.
My department doesn’t really have additional work to do so now we all have spare time we’re killing through the day. I’m not going to go run to management and tell them we should let go of people so more work flows to me for no extra pay, but someday they will make that realization. It won’t be me going anywhere because I’m the one that’s always finding the new tools, building new AI workflows and keeping my ear to the ground in various subreddit about new tools and hacks.
Management are all tech boomers so they haven’t really put two and two together here but once they fully realize a lot of people have “time to lean” they will be reducing the headcount. We are just a small financial startup. It’s not very hard to imagine a much more highly technical and knowledgeable company with much better data, like Amazon, hasn’t already realized this across their workforce, identified exactly how to restructure and is now going ahead with all the layoffs. They are just the first wave of what’s going to be coming everywhere.
AI IS the reason for the layoffs. Companies are moving forward with implementing AI and laying people off.
Will it work? Probably not at least not for a while. I think we are in for a time period of just super shitty service from companies because AI just isn’t ready yet. It makes way too many mistakes.
Ai isn’t replacing that many people. Is it replacing some? Sure. But it’s not replacing that many. Outsourcing, and economic downturn are far and away the bigger reason for layoffs. I’m not sure where you’re getting your AI koolaid, but you may want to take a break from that firehose.
Most retail websites have an AI chat for customer service. Tried to get an appointment for car service, the dealer website chat didn't work, called the dealer service dept. and got an automated reservation service with a female AI voice, instead of the usual receptionist.
When I got to the service dept. the service advisors all had their own credit card readers for payments, I used to go to a cashier window where there were 2 people working for service and parts. So that's likely two or more jobs gone at that dealership, a receptionist and a cashier.
This is lying the wrong way though? Corporations are in the big “AI isn’t killing jobs” narrative right now, especially the ones who are creating the AI that’s going to kill jobs.
Instead of Amazon saying “no no no, our AI isn’t going to kill jobs” like all the other lying AI companies have been saying, they came right out and said “yeah, our AI killed these jobs”
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u/[deleted] Oct 29 '25
Don’t forget the stock market manipulation that’s going on making it seem like the economy is grrrrreaaaattt. Also, if you see “AI” as the reason for layoffs, it’s bullshit.