Modern AI has greatly oversold it's capabilities. However, every tech leader has significant AI investments and is selling picks and shovels. So....you're NIKE...who do you trust?...a guy like me who uses Claude daily?...or fucking Mark Zuckerberg, Satya Nadella, Jensen Huang, Sundar Pichai, Elon Musk, Sam Altman, Marc Beinhoff, etc. If you're the CEO of Nike you have to decide if you're going to believe the most famous leaders in tech saying that AI is going to revolutionize IT and your best staff will all become 10x developers and professionals...or believe actual professionals, like me, who aren't famous who will tell you...yeah, it helps some...not sure how much...but definitely a percentage improvement and not a 2x or greater improvement....you are highly unlikely to be able to reduce headcount. Jensen Huang has publicly stated that the notion of programming languages will very soon be obsolete...so why more programmers than you ABSOLUTELY need to?
I know they know the pick/shovel vendors are exaggerating, but by how much? It gives them hestiation to hire someone new if Claude 5.0 comes out next year and you can lay them off.
This is all a huge fraud. It's safe to say every AI layoff of programmer positions was a routine layoff, AI washed. However, it's far sexier to say "AI Baby!!!!...ride the wave" about your layoff than "interest rates make hoarding surplus talent dangerously unprofitable" or "we overhired" or even worse...."our business is in decline". It shocks me shareholders haven't filed lawsuits about this...I still think that day is coming.
However, every headwind faced by Meta, Google, etc is also faced by Nike and every B-tier and C-tier business that hires large IT staffs. So yeah, we have routine layoffs, CEOs committing fraud by lying that it's due to AI...and everyone else watching, unsure of what is going on....when in doubt, it's safer to close open reqs and downsize. They can always increase headcount once they know what is going on...once they have more clarity as to who is telling the truth...people like me...or AI vendors and the psycho evangelists who are so exited for science fiction AI that they pretend Claude can actually reliably write code that works...or that OpenAI can actually do much of anything of moderate complexity. I understand their perspective...
It just saddens me that this is just another externality of the AI hype bubble, like how EVERYTHING related to computing is now in scarce supply and many factors more expensive than it should be...that technology is actually going up in price and the $1000 will buy you a SLOWER device today than it bought 1.5 years ago...Moore's Law is now going in the opposite direction!...and that's assuming you still have a job to buy a new device...and you weren't laid off.
I'd like to just continue on with my life and ignore this AI bullshit, but I can't...it impacts my job. It emboldens employers to mistreat employees, thinking they have a lot more leverage than they did 5 years ago (which may very well be true). It makes it difficult and painful for me to buy devices or upgrade my personal technology like normal to distract myself from the stupidity of the news.