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Some firms are laying people off mainly so as not to look behind on AI, in a cascade of keeping up with the Joneses.

Drawn from what Alex Imas said

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AI and jobs Whether AI displaces human work, which jobs go first, and what replaces them.

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What Alex Imas actually said

  1. Alex Imas Behavioural economist at Chicago Booth
    let's say we get into a narrative where like if you're a firm and you're not laying people off, then you're seen as like not adapting AI enough. So like then you'll get you're going to just get a cascade effect of firms like just needing to keep up with the Joneses in terms of like starting to lay people off.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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