In The Loop

AI Isn't Causing Mass Layoffs—It's Being Scapegoated


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Amazon announced 14,000 job cuts, citing AI transformation. Two days later, the CEO tells investors it's "not AI-driven." So which is it?

In this episode of In The Loop, I dive into the growing disparity between record profits and mass layoffs at tech giants.

After spending a weekend analyzing financial statements, competitive positioning, and workforce data, I have four questions to ask that reveal whether companies are experiencing genuine AI productivity gains or just using AI as a cover for cost-cutting measures they'd have taken anyway.


⏭️ Episode Highlights

(01:00) – The contradiction that bugs me

(03:10) – The impact of unemployment

(05:15) – Four questions that reveal why AI is just a scapegoat

(11:20) – Closing thoughts




🔗 Links & Resources

Episode transcript with more resources on the Mindset AI blog


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Jack Houghton

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In The LoopBy Jack Houghton