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Right now tech corporations are using "AI" as an excuse to further downsize staff and cut expensive operational costs in preparation for the upcoming bubble popping.
Most tech companies (or even game companies) are not proper companies, they do not function based off profits. They function based on funding rounds (Discord, Reddit, Open AI etc), they effectively just keep begging for money from mega wealthy people and using snakeoil salesman tactics to get money to fund the company well beyond their means. Many of these companies make zero profits.
Open AI did vast funding rounds and raised huge amounts of money, and with that money they agreed to buy up 40% of the worlds ram to lock out competitors for instance. A corporate espionage tactic, funded by money they could not make themselves (they are currently imploding).
This is why they were hiring so many people 5+ years ago, and why these companies are full of people literally doing nothing (you see endless women on tiktok working at tech companies in manufactured jobs, making videos about doing nothing and eating avocado and drinking starbucks). Cause the inflated work force implied growth and people invested cause of the implied growth from the bloated workforce (this is also why they have so much DEI of incompetent people, cause they don't do anything to matter and it helped gain investor money).
The are now downsizing with AI for the same reason, to pander to investors that AI is the future that they are embracing and that will improve the value of the company long-term.
However, ones making profits and not begging for money are actually doing it for real reasons.