42,000 Tech Layoffs in 2024 Already: AI is the cause – Googlers React To David Shapiro’s Claims| SVIC Podcast


Googlers critique David’s claims AI is responsible for job losses and layoffs. They discuss the data on job openings and hiring trends, the impact of interest rates and venture capital on the economy, and the conflicting levers of government policies. They also examine the factors contributing to layoffs, the inefficiency of layoffs and performance reviews, and the psychological impact on employees. The conversation explores the limitations of current AI technology and the future role of AI in CEO decision-making.

Chapters
00:00 Introduction and Podcast Overview
00:31 Critiquing David Shapiro’s Video
01:04 Discussion on Job Openings and Hiring Trends
02:30 The Role of the Federal Reserve and Economic Policies
05:03 Examining Layoff Data and Trends
09:24 Influence of Hiring Practices and Acqui-hires
11:13 Nexus of Causality and Simplified Realities
12:35 Future of AI and CEO Roles
14:31 Misconceptions and Conspiracies Surrounding AI
20:30 Openness of AI Companies and Research
24:27 Limitations of AI in Running a Company
27:30 Challenges of AI Models and Architectures
30:57 Influence of AI on Job Losses and Outplacement
35:06 Misconceptions and Exaggerations of AI Impact

#aI #openai #layoffs #economy #technology

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