Layoffs because of AI make no sense to me. Imagine you own a company that is paid to deliver packages. You use horses and differentiate by delivering quicker than everyone else. Then cars are invented and everyone starts delivering packages faster. In what world does a healthy growing business react to this by laying off couriers "in a pivot to automotive transportation". Would a healthy business not switch everyone…
In a world where you don't need 10 horses to do the job of 5 cars, because your business doesn't have a market for 10 cars.
In other words, the business is not doing well