- Essays··8 min read
Cutting the apprentices to pay for the autopilot
Profitable firms are cutting staff to fund AI capex they cannot yet show pays off — and freezing the junior hiring that manufactures expertise. Cutting the apprentices to fund the autopilot looks brilliant on a deck and ruinous in a decade.
ai-and-labourdeskillingreskillingtech-layoffsRead - Essays··8 min read
The owners are right. That's the part nobody wants to sit with.
The owners are directionally right that they can run with far fewer people. They are very often wrong about which people, how fast, and what it costs to get there. Those two things are the whole story.
ai-and-labourworkforce-displacemententerprise-aiautomation-economicsRead