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ProfitSchool
Checking in on our 2024 Predictions
Jul 2, 2024
Hosts revisit their 2024 predictions discussing unexpected changes in business trends, a flat economy projection, AI advancements leading to staff reduction, AI consolidation affecting job positions, future trends emphasizing data privacy and skilled trades revival
31:00
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Quick takeaways
- AI integration expected to reduce staff by 20%, with layoffs influenced by company size and stock performance priorities.
- Future trends include AI's role in handling manual tasks, the rise of tiny homes as affordable housing, and the need for businesses to adapt to market disruptions.
Deep dives
Prediction Checkup: Layoffs Expectation vs. Reality
Expecting layoffs to persist through the first half of 2024 with improvement in the second half, the prediction was reviewed. While some layoffs like Tesla's supercharger team were observed, the scale wasn't as significant as anticipated, notably in tech firms like Google and Facebook. AI advancements driving operational efficiency and improved revenues appeared to align with the forecast overall.
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Discover
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