When it comes to AI, you'd be hard pressed to find better cheerleaders than the humble CEO. As hype around the software grows, business execs have become astonishingly comfortable sharing their hopes that AI will soon make human labor a thing of the past. Now, even as Wall Street begins to reckon with the empty promises of AI automation, one CEO is bragging about laying off almost all of his workforce — a move he says he would make again. Recent reporting by Fortune detailed the mind boggling strategy deployed by Eric Vaughan, CEO of the $26 million software firm, IngiteTech, which […]

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Link :
https://futurism.com/ceo-layoffs-automation-ignitetech