Part 3/10:
One perspective, highlighted by a CTO from Infosys, points out that AI is often presented as a reason for layoffs, particularly at the entry-level, where companies are reducing staffing by around 30%. AI enables leaner teams to sustain or even boost productivity, creating an economic incentive to downsize staff instead of expanding or retrenching more traditional labor.
It's arguably easier for CEOs to blame AI, especially when the business's growth trajectory stalls or profits shrink. This scapegoating allows them to appear forward-thinking and technologically innovative—attributes that help attract venture capital and top talent.