NEW: Is ChatGPT already leading to layoffs?
hurting
at the moment. The mantra is more about rightsizing than profitability. Never mind that research has long challenged the financial logic of firing a wide swath of workers and suggests it’sPressure for these layoffs seems to be coming mainly from activist investors and falling share prices–at least as far as the top guns of tech are concerned.
The virtual elephant in the room is generative AI, algorithms that generate fresh images, sounds and content that dazzlingly–and often disturbingly–ends up being as good or better than what humans can create on our own. The most heralded of the bunch thus far–not to mention the
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