AI layoffs to backfire: Half rehired at lower pay

theregister.com

10 pointsdxs3 comments

Not sure why it's thought of as "backfire"? The companies can't cut pay to existing employees. So this how they will cut compensation expenses.

Just wait, companies are bad learners.

Soon the recognize badly paid workers work according to their wages.

And they repeat the earlier outsourcing mistakes.

This is just model distillation.