Real AI-driven layoffs vs. companies' excuse for regular cost-cutting

Altman explained there's a difference between real AI-driven layoffs (like chatbots replacing call centers) and companies just using AI as an excuse for regular cost-cutting.
He warned that many businesses are misusing the "AI" label to justify decisions they'd already made.

In the US many recent job cuts but few blamed on AI

In recent months, the US has seen large numbers of job cuts, but only about 7% were officially blamed on AI.
Plus, surveys show most executives don't think AI has changed productivity or employment much in recent years.
So, next time you hear "laid off because of AI," it might not be the whole story.