3 weeks ago

White House AI adviser questions whether tech layoffs are AI-driven

White House AI adviser questions whether tech layoffs are AI-driven
'Blame it on AI': White House AI adviser questions whether tech layoffs are really AI-driven · firstpost.com

A smart person who works for the White House, named Michael Kratsios, said some companies might be blaming artificial intelligence (AI) for layoffs they wanted to do anyway.

He thinks saying 'AI did it' sounds better in the news and to investors than the real reasons.

He talked about this on a podcast called Moonshots with Peter Diamandis.

Right now, many tech companies are cutting jobs at the same time they spend a lot of money on AI, which makes things confusing.

For example, Microsoft cut about 4,800 jobs while still investing heavily in AI.

Meta moved about 7,000 workers into AI teams and cut about 8,000 jobs at the same time.

Nobody is totally sure whether AI is really replacing workers or if companies are just changing their plans.

Mr. Kratsios says he is very optimistic that AI will be good for jobs in the long run.

Other leaders, like Amazon founder Jeff Bezos, also think AI can lower costs, grow the economy, and even lead to worker shortages.

Still, people keep debating whether AI is taking jobs away right now or just changing how people work.

Key facts

Adviser
Michael Kratsios
Role
White House science and technology adviser
Podcast
Moonshots with Peter Diamandis
Microsoft job cuts
About 4,800
Meta employees moved to AI teams
About 7,000
Meta job cuts
About 8,000 positions
Kratsios outlook
Optimistic about AI's long-term impact on jobs

Quotes

Michael Kratsios

White House science and technology adviser

“"I think like a lot of folks these days, like when they’re doing a layoff that they would have done anyway, just like to assign it or blame it to AI because it plays better in the press,"”
firstpost.com
“"I believe in the long term, I’m very optimistic about the impact that AI’s going to have on jobs,"”
firstpost.com

Sources

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