Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”
Steven Sinofsky linked these hiring errors to remote work.
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”
Positive users back the claim that tech firms are blaming AI to hide 2021 over-hiring mistakes, while negative users argue AI productivity gains are genuinely driving the layoffs.
Co-sign.
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”
Bloat correction masked as AI adoption
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”

Much these companys possess zero wisdom. If you lay off people you must pay severance penalty. Cost money for shareholder.
Just say your company now value racism, homofopeah, and hate all hoes. Much people resign. Now no need pay severance. Save shareholder profit. The white man leader lack perspecassidy.

@JTLonsdale It sounds a lot better than leadership admitting they failed to manage their growth
@JTLonsdale Remote hiring worked about as well as remote work in large companies.
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”

@MatthewBerman 🎯

@JTLonsdale True
@JTLonsdale As someone who made the bar lowering mistake, I own it. I also fixed it before AI.
Also: AI is enabling the highest talent densities we’ve ever seen. The future is larger numbers of smaller teams. And the top teams are tiny and elite.
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”

@nonnag 🎯

@pmarca It wasn't just 21-23, all the ZIRP-based hiring from 2010-2020 massively inflated organizations and we've never had a deflationary period since 09.
21-24 was a massive H1B takeover in big tech.
AI has yet to take over a single job end to end successfully.

@JTLonsdale exactly
a lot of these layoffs due to 'AI productivity' are just a comfortable shield for all the other things going wrong in the business
it’s arguably the most convenient way to reframe a cost problem you already had into a forward-looking decision the market rewards you for

in 2014-2018 I ran Reid Hoffman's consultancy based on his book "The Alliance" - C-level consulting engagements in Silicon Valley tech and VC companies.
I just couldn't understand so many people's jobs - just bizarre stuff. And the holders of said jobs were the most vocal in all meetings, dominating over engineers, product, marketing execs.
People, including me, were chastised for saying something perfectly normal. Lots of self-righteousness going on.
What I realized later is that it was the birth of corporate wokism.
All these people need to be fired. They did incalculable damage.
@JTLonsdale correct
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”

The Strategic Alternative for Efficiency and Integrated Architecture: From Human Partnership to Third Millennium Management. Good morning Mr. Joe, the digital engineer of Silicon Valley! I completely agree with your insight. Tech executives hide their administrative failures and over-hiring behind the scapegoat of AI. Here, let us teach them a lesson; the modern Eternal City - Al-Rashid Path will be a reality in business management, as we view talent as strategic partners, not just employees. Our vision will revive the economy, boost U.S. GDP growth by eight points, and absorb even those who were laid off to build the ultimate future together. — Signed: Engineer of the Third Millennium Civilization
@JTLonsdale @realDonaldTrump @ElonMusk #TheThirdMillennium #SiliconValley #BusinessManagement #TheEternalCity #Economy

@k_kohlbrenner I believe in higher productivity thanks to AI - which btw also often makes each person worth more. We are helping enable it in various ways with all the companies we’ve been building and investing in.
I also know what hundreds of companies are doing, per above 🤣.

@JTLonsdale THIS.
And of course every journalist takes them at their word because journalists hate AI as well.

@JTLonsdale if a new company starts and says instead of 100 people, we can operate at 15 headcount … is that OK to attribute to AI productivity?
So, why can’t large companies who have too many people say, we’re cutting headcount due to … AI productivity?

@JTLonsdale What the AI is doing is eating the seed corn of the next harvest. Junior employees learn from senior employees by doing busy work for them that AI now helps with but you then don’t train the next generation of senior employees. So companies have to hire back, no savings.

@pmarca When are we laying off fake diploma holders in Silicon Valley in favor of new blood out of college?

@JTLonsdale Nope. This is cover for offshoring and sponsoring H-1B visa workers.
Steven Sinofsky linked these hiring errors to remote work.
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”