▲ | exitb 5 days ago | |||||||||||||||||||||||||||||||
> Right around November 2022 something very stark happened. The Twitter layoffs perhaps? | ||||||||||||||||||||||||||||||||
▲ | pydry 5 days ago | parent | next [-] | |||||||||||||||||||||||||||||||
The interest rate rise also. It happened earlier but thats when the effects started to filter down. | ||||||||||||||||||||||||||||||||
▲ | ants_everywhere 5 days ago | parent | prev [-] | |||||||||||||||||||||||||||||||
The Twitter layoffs were done in anticipation of AI. Musk knew he wanted to make X and Twitter was one entry point. The loss in twitter productivity would be made up by AI gains and the first realization of that AI was named Grok. So there's a bit of circular causality here. AI is a cause of the Twitter layoffs, and others are arguing that the Twitter layoffs may be a cause of other labor force shrinkage. If so then the Twitter layoffs are a costly signal that AI will impact the labor force and the shrinkage downstream of them is AI related. | ||||||||||||||||||||||||||||||||
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