"... HBR found that companies are cutting [jobs] based on AI's potential, not its performance. I don't know who needs to hear this - a lot apparently - but the following three statements are not possible to validate but have unreasonably different effects on the stock market. * We're cutting because of expected low revenue. (Negative) * We're cutting to strengthen our strategic focus and control our operational costs…
There's a third possibility: slop driven productivity declines as people realize they took a wrong turn.
Which makes me wonder: what is the best 'huge AI bust' trade?