You’ve probably seen the headlines. “AI job cuts.” “Automation replacing humans.” Some CEOs are even proud of it.

OpenAI CEO Sam Altman says the next billion-dollar company could consist of one person thanks to AI advances. Anthropic CEO Dario Amodei thinks AI could eliminate nearly half of all entry-level white-collar jobs in five years.

Already this year, more than 64,000 people have been laid off across the tech sector, with Microsoft and Intel leading the charge and AI being a major factor.

People innovate, AI imitates

Not only is this short-sighted, it’s fundamentally bad business. The companies cutting people today in the name of AI will be the ones playing catch-up tomorrow.