Part 4/11:
The discussion of AI's role in these layoffs is crucial. According to industry observations, AI technologies are now capable of performing a significant amount of coding work. A recent report indicated that approximately 30% of code can now be generated by AI tools—transforming the types of jobs that are available in tech and why companies are electing to downsize. This shift has led to fear and uncertainty, particularly among software developers and programmers who, in many cases, have historically been secure in their positions.