Live data from Hacker News

AI Job Loss Tracker

jobloss.ai

11–20 of 25 posts

Re: AI Job Loss Tracker

#14
post #2

The “explicit” tag on some of these should really be “self reported”. It seems like most companies these days mismanage themselves into layoffs and spin it as AI gains to appease shareholders instead.

The table shows this better. All have just a single reported layoff "event" except Amazon which has three. Even a decade ago Amazon had many reports on Glassdoor and elsewhere of horrible middle management and employee churn. All these layoffs seem to track better with longer-term decline than AI progress. One would otherwise expect the layoffs to reflect the multiple and much hyped "step change" improvements over th…

> One would otherwise expect the layoffs to reflect the multiple and much hyped "step change" improvements over the past few years. Instead the chart shows a sudden plateau starting a month ago.

Can you clarify the theory here? So if there is a “step change” you expect companies to do layoffs all at once? How does this account for I.e. diffusion lag or companies deciding if it’s better to chase growth vs. capital efficiency?

Re: AI Job Loss Tracker

#15
post #2

The “explicit” tag on some of these should really be “self reported”. It seems like most companies these days mismanage themselves into layoffs and spin it as AI gains to appease shareholders instead.

Mismanage or can't pay healthcare premiums anymore (US)?

Health care premiums are expensive, but even the best insurance I've ever seen was a fraction of the compensation software employees were making.

For some fields that's a huge amount of your compensation, but for software engineers it's noticeable but not going to be worth doing layoffs over by themselves.

Re: AI Job Loss Tracker

#16
post #14

Earlier quoted context omitted.

The table shows this better. All have just a single reported layoff "event" except Amazon which has three. Even a decade ago Amazon had many reports on Glassdoor and elsewhere of horrible middle management and employee churn. All these layoffs seem to track better with longer-term decline than AI progress. One would otherwise expect the layoffs to reflect the multiple and much hyped "step change" improvements over th…

> One would otherwise expect the layoffs to reflect the multiple and much hyped "step change" improvements over the past few years. Instead the chart shows a sudden plateau starting a month ago. Can you clarify the theory here? So if there is a “step change” you expect companies to do layoffs all at once? How does this account for I.e. diffusion lag or companies deciding if it’s better to chase growth vs. capital eff…

Yes I would expect a lag, but we've been hearing hype with every model update about huge AI productivity improvements for years now.

Despite this, the layoffs are steady over that time with no such spikes. If the goal was ever to cut costs, payroll is never spared since it's too big to ignore. Chasing growth is unlikely when lending and investment is tight. Why invest in other tech companies when you can invest in AI?

Re: AI Job Loss Tracker

#17

How do they differentiate AI job loss from normal layoffs that companies are pretending are due to AI to get brownie points from shareholders?

Not sure, but Im assuming it's based on self reporting or when companies like Oracle say "we are doing layoffs to manage AI costs"...

Re: AI Job Loss Tracker

#18
post #2

The “explicit” tag on some of these should really be “self reported”. It seems like most companies these days mismanage themselves into layoffs and spin it as AI gains to appease shareholders instead.

Mismanage or can't pay healthcare premiums anymore (US)?

How much do you think healthcare premiums are? Employers are not paying your deductible or out of pocket expenses.

Re: AI Job Loss Tracker

#19

How do they differentiate AI job loss from normal layoffs that companies are pretending are due to AI to get brownie points from shareholders?

  > How do they differentiate AI job loss from normal layoffs that companies are pretending are due to AI to get brownie points from shareholders?
why the same way we measure productivity gains from ai: mostly vibes (aka self-reporting)
Post reply on HN