"... HBR found that companies are cutting [jobs] based on AI's potential, not its performance.

I don't know who needs to hear this - a lot apparently - but the following three statements are not possible to validate but have unreasonably different effects on the stock market.

* We're cutting because of expected low revenue. (Negative) * We're cutting to strengthen our strategic focus and control our operational costs.(Positive) * We're cutting because of AI. (Double-plus positive)

The hype is real. Will we see drastically reduced operational costs the coming years or will it follow the same curve as we've seen in productivity since 1750?

> The hype is real. Will we see drastically reduced operational costs the coming years or will it follow the same curve as we've seen in productivity since 1750?

There's a third possibility: slop driven productivity declines as people realize they took a wrong turn.

Which makes me wonder: what is the best 'huge AI bust' trade?