Thread regarding Wells Fargo & Co. layoffs

AI is (still) mostly a scapegoat

AI becomes the perfect non-human scapegoat: it’s inevitable, it doesn’t sue, it doesn’t organize, and it doesn’t tarnish the brand. CEOs can point to AI as an “external force of change,” instead of taking accountability for strategic missteps, bad acquisitions, or investor appeasement. Just as “globalization” and “automation” were buzzwords used to justify offshoring and restructuring in previous decades, “AI” has become today’s universal rationale. But many of the forces driving layoffs - overcapacity, labor arbitrage, cost control, macroeconomic hesitation - are neither new nor AI-specific.

https://www.forbes.com/sites/shivaramrajgopal/2025/08/17/is-ai-the-scapegoat-employers-use-to-explain-technology-layoffs/

by
| 967 views | | 7 replies (last ) | Reply
Post ID: @OP+1k2x23bj8

7 replies (most recent on top)

@hg

Hint for ya - we are losing our jobs AI or not. Try to do better next time.

by
| | Reply
Post ID: @hh+1k2x23bj8

AI isn't taking your job, but someone using it will.

by
| | Reply
Post ID: @hg+1k2x23bj8

@aj All Indian ?

by
| | Reply
Post ID: @ed+1k2x23bj8

Sick if the AI hype yet? You will be once they start ja--ing up your cost per Kwh and rolling brownouts for all the "AI" datacenters, not to mention the water bills in some areas.

by
| | Reply
Post ID: @e3+1k2x23bj8

Record profits everyone! Time to lay off a shitload of people!

My take is that AI is at least partially to blame, but not becaue it's replacing jobs directly...yet. But, because it costs a fu-kton of money to deploy and shitcanning is one way of freeing up capital to invest in it.

by
| | Reply
Post ID: @b3+1k2x23bj8

I’m tired of having AI rammed down my throat ad nauseum every single time I log on. Great! Exec management is excited about it! We get it. Now may we plz get on with running this business and putting out these massive wildfires that are taking us down first? Then maybe we can revisit this whole Get excited about how wonderful AI is and how it will one day automate Your job too!??? These pep rally’s are non stop every time you log on and it is enough already. D2D ops need to be handled and handled well, then look at how we can further adulterate the brand with it. Whether we want to or not.

by
| | Reply
Post ID: @b2+1k2x23bj8

Both good and bad with Ai

by
| | Reply
Post ID: @aj+1k2x23bj8

Post a reply

: