www.marketwatch.com
Many attribute recent job layoffs to the rise of AI, but the root cause is often poor leadership and management. Instead of strategically integrating AI to enhance productivity or innovate, companies are using it as a scapegoat for cost-cutting driven by poor decision-making. This includes over-hiring during boom periods and a lack of foresight in anticipating market shifts. Blaming AI masks underlying leadership failures in areas like resource allocation, strategic planning, and employee development, ultimately damaging morale and long-term company health. Focusing solely on AI as the culprit ignores the crucial role of effective leadership in navigating technological advancements successfully.
