Great article, super fun.
> In 2025, 1.1 million layoffs were announced. Only the sixth time that threshold has been breached since 1993. Over 55,000 explicitly cited AI. But HBR found that companies are cutting based on AI's potential, not its performance. The displacement is anticipatory.
You have to wonder if this was coming regardless of what technological or economic event triggered it. It is baffling to me that with computers, email, virtual meetings and increasingly sophisticated productivity tools, we have more middle management, administrative, bureaucratic type workers than ever before. Why do we need triple the administrative staff that was utilized in the 1960s across industries like education, healthcare, etc. Ostensibly a network connected computer can do things more efficiently than paper, phone calls and mail? It's like if we tripled the number of farmers after tractors and harvesters came out and then they had endless meetings about the farm.
It feels like AI is just shining a light on something we all knew already, a shitload of people have meaningless busy work corporate jobs.