In a shrinking economy there isn't much growth. They can take the productivity gains to shrink their payrolls and get the same output with fewer people
That said I don't think there is a ton of productivity growth yet with LLMs that would show up in the numbers that are getting thrown around. Companies are just finally seeing that they have a bunch of people not doing much at all and cleaning house
Yep, no disagreements from me there. Ultimately, economic stagnation is what's driving job losses, not increased productivity (such that it is) from AI.