Use AI instead of hiring junior staff = stock price bump.
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Use AI instead of hiring junior staff = stock price bump.
5 years later senior employees start to leave; there is no junior staff to promote and management panics.
Management does not want to spend money on new staff so they hire expensive contractors.
Contractors do a subpar job, charging 10x what an actual employee would cost (different budgets so its cool); and the company starts to go downhill and customers flee.
This starts a death spiral leading to either bankruptcy, acquisition, or restructuring.
The original management who approved the AI have all gone and cashed in their stock.
Just a guess at what is about to happen across the industry.
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E em0nm4stodon@infosec.exchange shared this topic
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Use AI instead of hiring junior staff = stock price bump.
5 years later senior employees start to leave; there is no junior staff to promote and management panics.
Management does not want to spend money on new staff so they hire expensive contractors.
Contractors do a subpar job, charging 10x what an actual employee would cost (different budgets so its cool); and the company starts to go downhill and customers flee.
This starts a death spiral leading to either bankruptcy, acquisition, or restructuring.
The original management who approved the AI have all gone and cashed in their stock.
Just a guess at what is about to happen across the industry.
@Walker Contractors come out of a different budget than staff ...
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Use AI instead of hiring junior staff = stock price bump.
5 years later senior employees start to leave; there is no junior staff to promote and management panics.
Management does not want to spend money on new staff so they hire expensive contractors.
Contractors do a subpar job, charging 10x what an actual employee would cost (different budgets so its cool); and the company starts to go downhill and customers flee.
This starts a death spiral leading to either bankruptcy, acquisition, or restructuring.
The original management who approved the AI have all gone and cashed in their stock.
Just a guess at what is about to happen across the industry.
@Walker
... if it doesn't fall apart even sooner because due to mass unemployment no one can afford their products anymore and they go out of business before a lack of seniors becomes a problemeither way, we're living on one of the more idiotic timelimes
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Use AI instead of hiring junior staff = stock price bump.
5 years later senior employees start to leave; there is no junior staff to promote and management panics.
Management does not want to spend money on new staff so they hire expensive contractors.
Contractors do a subpar job, charging 10x what an actual employee would cost (different budgets so its cool); and the company starts to go downhill and customers flee.
This starts a death spiral leading to either bankruptcy, acquisition, or restructuring.
The original management who approved the AI have all gone and cashed in their stock.
Just a guess at what is about to happen across the industry.
@Walker I find it pretty weird that not more people are talking about this. At least it seems to me like it. You basically saw of the branch you're sitting on. I mean it is fine for me. When they need me I am going to charge 10x.
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@Walker Contractors come out of a different budget than staff ...
@rhempel Exactly. More so if its a public company, keeping full time headcount down may be good for the stock price.
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R relay@relay.infosec.exchange shared this topic
