They will never admit it, but many are scared of losing their jobs.
This threat, while not yet realized, is very real from a strictly economic perspective.
AI or not, any tool that improves productivity can lead to workforce reduction.
Consider this oversimplified example: You own a bakery. You have 10 people making 1,000 loaves of bread per month. Now, you have new semi-automatic ovens that allow you to make the same amount of bread with only 5 people.
You have a choice: fire 5 people, or produce 2,000 loaves per month. But does the city really need that many loaves?
To make matters worse, all your competitors also have the same semi-automatic ovens...
This threat, while not yet realized, is very real from a strictly economic perspective.
AI or not, any tool that improves productivity can lead to workforce reduction.
Consider this oversimplified example: You own a bakery. You have 10 people making 1,000 loaves of bread per month. Now, you have new semi-automatic ovens that allow you to make the same amount of bread with only 5 people.
You have a choice: fire 5 people, or produce 2,000 loaves per month. But does the city really need that many loaves?
To make matters worse, all your competitors also have the same semi-automatic ovens...