None of this is due to AI. That’s just the cover story that stops the stock crashing. The reality is the market is contracting and it’s doing that because the extraction and monthly financial models are hurting other businesses which are also contracting because of lower customer demand.
Businesses are incentivized to say it’s because of AI because it makes them look better. So not saying that when actually asked by a government entity is meaningful.
How does firing people resultant of the most disliked and unpopular technology on the planet, and avoiding marking it off on an obvious entry-point into regulatory burden "make them look better"?
> The reality is the market is contracting and it’s doing that because the extraction and monthly financial models are hurting other businesses which are also contracting because of lower customer demand.
