Yeah and what it should mean is the same productivity (or slightly higher) over fewer hours worked. So everyone can get more of their lives back to go be happy and spend time with their friends and families. Or literally whatever else people would rather being doing besides working all the damn time.
This is the material explanation. They expect increased productivity and therefore higher output and therefore higher profits from the same workforce. Not necessarily to downsize. Downsizing or upsizing would be dictated by a combination of the realized productivity gains and the uptake of their products by the market.
Their hope is probably that AI can let current employees bear a greater workload so they can downsize.
Ding! Any gains in productivity will mean more work for less people.
Anyone who can’t see this coming - I have several bridges for sale.
Yeah and what it should mean is the same productivity (or slightly higher) over fewer hours worked. So everyone can get more of their lives back to go be happy and spend time with their friends and families. Or literally whatever else people would rather being doing besides working all the damn time.
This is the material explanation. They expect increased productivity and therefore higher output and therefore higher profits from the same workforce. Not necessarily to downsize. Downsizing or upsizing would be dictated by a combination of the realized productivity gains and the uptake of their products by the market.