Wall Street Expected to Shed 200k Jobs as AI Erodes Roles

Alternately, <i>say</i> you&#x27;ll be using AI to replace lots of jobs in order to drive down employee-compensation and make yourself look good to the board... And then let the eventual fallout be someone else&#x27;s problem.

I guess this threat will further RTO mandates because employees will be scared to speak up and be first for the layoffs

I wonder how much further stock valuations will be pushed up by excited AI bots - without any ties to company fundamentals :)<p>And I see an opportunity for a private company to “predict” what stocks the AI are going to buy next and provide this information to investors.<p>And then an opportunity to sell data to CEOs to tailor your earnings calls to AI’s ears.<p>… soon after, nothing but robots talking to robots …

Investors love a company spouting AI not because it&#x27;s actually good at raising efficiency, but because it&#x27;s a codeword for layoffs.*<p>* there are certain industries that will see incredible efficiency gains from AI, but I think most will not see the efficiency gains that AI companies tout.