This article is wrong. The layoffs over the last years are not due to AI, but rather fall somewhere between the regular layoffs they do and the cleanup after over hiring around 2020-2021.
Oracle fired a lot of people to pay for their AI over investment. They’re not replacing these people with AI. They’re just expecting their employees to simply pick up the slack, as usual.
Claims of “x % of code was written by AI” are falling into the time honoured fallacy of believing LOC = productivity.
Giving credence to the idea that jobs are being actively lost to AI is poor journalism. The AI companies need headlines about jobs lost to AI to keep funding their lost cause.
This article is wrong. The layoffs over the last years are not due to AI, but rather fall somewhere between the regular layoffs they do and the cleanup after over hiring around 2020-2021.
Oracle fired a lot of people to pay for their AI over investment. They’re not replacing these people with AI. They’re just expecting their employees to simply pick up the slack, as usual.
Claims of “x % of code was written by AI” are falling into the time honoured fallacy of believing LOC = productivity.
Giving credence to the idea that jobs are being actively lost to AI is poor journalism. The AI companies need headlines about jobs lost to AI to keep funding their lost cause.
That is a fair criticism! I agree.
This is actually directly addressed at length in the article.