>If you're a business that offers 3 services to the public and "AI" could automate one person's salary out of your payroll, why would do that as opposed to keeping your headcount and instead offer 9 services to the public generating more streams of revenue?
Because cost cutting increases share-holder value. See Jack Welch at GE. Over time he destroyed the company but also raised the share price tremendously.
Because cost cutting increases share-holder value. See Jack Welch at GE. Over time he destroyed the company but also raised the share price tremendously.