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Is AI causing Big Tech layoffs? No, according to Marc Andreessen. Rather, it’s because of sloppy, lazy Covid era over-hiring. 25% to 75% excess headcount: “Employees became an icon on a screen. “Essentially every large company is overstaffed… “It’s at least overstaffed by 25%. I think most large companies...

52,537 views • 3 months ago •via X (Twitter)

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Marc Andreessen on why companies are cutting headcount, and why AI is taking the blame for something it didn't cause: "Why are we seeing layoffs every year? Why is every CEO I'm meeting saying, 'Oh, we're flat headcount or we're reducing.'" His answer points straight to interest rates. "Every big company had to replan all of their financials. All their cost of capital went up five points." When rates spiked, companies were forced to rethink everything. That cracked open a deeper problem: the hiring binge of the COVID era. "What you have happening right now is you have essentially every large company that is overstaffed." So why is AI taking the heat? Marc Andreessen 🇺🇸 is blunt: "They all have the silver bullet excuse, right? Ah, it's AI." But the timeline doesn't hold up. Marc makes it clear the numbers simply don't support that story: "AI, until literally December, was not actually good enough to do any of the jobs that they're actually cutting. So it just can't have been AI." The same logic applies to new graduates struggling to land work. People are quick to point at automation, but Marc sees two more grounded explanations. First, the over-hiring hangover: companies that ballooned headcount during COVID are now pulling back hard and not bringing new hires in on top of that. Second, a harder conversation about skills. Marc puts it plainly: "Maybe the skill set of a lot of college graduates over the last decade doesn't necessarily match to the job market. That's a very uncomfortable conversation. But if you talk to any employer, they'll immediately tell you that." The real story is simpler than people think. Companies overspent when money was cheap, overhired during COVID, and now the skills coming out of universities don't match what the job market needs.

Big Brain AI

22,681 views • 3 months ago

Yah. It’s pretty screwed up when loyalists are sidelined for technocrats who want open borders. Basically Marc Andreessen Marc Andreessen 🇺🇸 is literally camping out at Mar a Lago by his own words and helping Trump hire people, while actively advising Trump’s inner circle while he’s headlining fundraisers for anti-Trump Senators who support open borders and who called for Trump to be jailed. What a piece of shit. Literally there is NO VETTING. It’s a very dangerous situation that this type of infiltration is allowed to happen around President Donald J. Trump and nobody does anything about it. Marc Andreessen needs to be excommunicated. According to Business Insider, “Marc Andreessen Marc Andreessen 🇺🇸 said in a recent podcast appearance that since Election Day, he has spent roughly “half” his time at Mar-a-Lago discussing policy issues with President-elect Donald Trump. Speaking with Bari Weiss for an episode of her “Honesty” podcast, the venture capitalist and vocal Trump supporter said he’s “not claiming to be in the middle of all the decision-making” but is trying to help shape policy in a second Trump administration. “I’ve been trying to help in as many ways as I can,” Andreessen said. “Trump brings out a lot of feelings in a lot of people. People have very strong views. And then there are many political topics that, you know, we’re very deliberately not weighing it on.” He added that he’s “Not Mr. Foreign policy, or Mr. Abortion policy, or guns” because he’s “not an expert on those things,” but has instead focused his input on issues he does have experience in, like technology and economics.” See video below.

Laura Loomer

227,600 views • 1 year ago