CEO to staff: You’re not getting a raise. We’re spending on AI instead.

Business Insider

Jan-Emmanuel De Neve, an economist and director of Oxford University’s Wellbeing Research Centre, told Business Insider he expects more companies to make similar trade-offs as they pursue AI, saying it is indicative of a “short-term mindset.”

“When leaders openly cut human compensation to fund AI, they are trying to project decisive, tech-forward management. However, the actual message traveling to the workforce is that they do not have a secure future in the organization,” De Neve said.