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Profits?!? Where we're going, we don't need profits!
(media.piefed.ca)
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this post was submitted on 30 Sep 2025
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Also look at all the mass-firings in the tech industry. Many of them are argued with AI being able to replace the workers, even though this hasn't been proven. Even non-tech companies argue that way. AI is supposed to increase efficiency and thus you need less people to do the work.
The dot-com bubble at least also came with mass-enployment. I wonder if the burst of the AI-bubble will result in the companies having to re-employ many of the workers they fired...
I fear small to medium sized companies who fall for this will not be able to afford to rehire and they will go under. Leaving only these big monopolies left.