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Business Insider·4 min read·medium

I'm an enterprise consultant: Here's what you don't know about AI-related layoffs.

I'm an enterprise consultant: Here's what you don't know about AI-related layoffs.
✦AI Summary

Enterprise consultant Max Votek argues that companies are often using AI as a convenient scapegoat to justify layoffs that were already planned. He calls for greater corporate transparency regarding how AI-driven savings are actually being utilized.

Why it matters

It highlights the growing tension between corporate cost-cutting strategies and the public perception of AI's impact on the workforce.

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Max Votek, the cofounder and managing partner of Customertimes, said that companies should be more transparent about AI use and how AI savings are being used. Max Votek Max Votek said many companies are using AI to justify restructurings that were already planned. Votek said AI savings are often absorbed by token costs and infrastructure spending. Votek said companies should be transparent about AI use because of the optics surrounding the tech. This as-told-to essay is based on a conversation with Max Votek, the cofounder and managing partner of Customertimes, an enterprise consulting firm that helps Fortune 500 companies implement AI. This essay has been edited for length and clarity. Companies are rushing to blame layoffs on artificial intelligence. But from where I sit, advising Fortune 500 companies on AI adoption , that's often not the whole story.

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