this post was submitted on 25 May 2026
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Correction: 99% of CEOs are planning to use AI as an excuse to layoff employees to juice quarterly profits. They have zero accountability and golden parachutes, so no skin off of their asses.
And the stock price bumps from layoffs mean they effectively get to just hand themselves huge raises.
Then parachute and let some other schmuck deal with the fallout
Pretty much.