the reason tech companies are getting both stock rallies and mass layoffs is because investors see them shedding staff as a sign of adopting AI and thus being "in" on the future don't they? oh my fucking god.

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the reason tech companies are getting both stock rallies and mass layoffs is because investors see them shedding staff as a sign of adopting AI and thus being "in" on the future don't they? oh my fucking god.
Wouldn't be surprised if that's part of it. Nonsense.
saw this earlier and while the article isn't itself addressing the absurdity of the casual headline i couldn't stop thinking about it.