Global tech layoffs are accelerating in 2026, with more than 80,000 jobs already cut in the first quarter and total losses likely to exceed 3 lakh this year, led by companies like Oracle, Amazon, and Meta, according to a report.
Oh it’s very much that. Every single study that’s come out on companies adopting AI shows that it makes no meaningful difference to productivity. So, it’s very clearly just an excuse to do layoffs.
Coding tools seem impressive, but it’s still very much only useful to get a rapid prototype held together by duct tape. The other use cases are low-key hilarious. We’re pressured to meet vendors constantly, and you can tell the vendors are pressured to push their AI tools, but anything people show off are barely functional low/no code solutions. Usually it handles a small subset of their prior automation solutions, with vague promises that they’ll extend functionality and won’t cost an order of magnitude more.
I’ve been using opencode for actual projects at work. DeepSeek v4 can code up a lot of stuff fairly confidently. If you give it clear requirements, tell it to make a phased plan, use TDD, and commit after each phase, it tends to produce decent code. I just do code reviews against the diff and then tell it to fix anything I don’t like. It’s also great for spelunking through large codebaes. You can easily trace through how an endpoint works for example, get it to write stuff like sample curl queries, etc.
But the thing is that you don’t actually work all that much faster. You still have to review everything. You have to actually the app and make sure it works functionally. Like you basically can’t trust anything it does. So, it makes my life easier. I don’t have to look up API docs, figure out how random libraries work, or having to write a bunch of boilerplate. But it doesn’t replace me, and it doesn’t actually result in me working significantly faster.
Or: a recession is driving job cuts and AI is being used to distract investors from bad economic conditions.
Oh it’s very much that. Every single study that’s come out on companies adopting AI shows that it makes no meaningful difference to productivity. So, it’s very clearly just an excuse to do layoffs.
Coding tools seem impressive, but it’s still very much only useful to get a rapid prototype held together by duct tape. The other use cases are low-key hilarious. We’re pressured to meet vendors constantly, and you can tell the vendors are pressured to push their AI tools, but anything people show off are barely functional low/no code solutions. Usually it handles a small subset of their prior automation solutions, with vague promises that they’ll extend functionality and won’t cost an order of magnitude more.
I’ve been using opencode for actual projects at work. DeepSeek v4 can code up a lot of stuff fairly confidently. If you give it clear requirements, tell it to make a phased plan, use TDD, and commit after each phase, it tends to produce decent code. I just do code reviews against the diff and then tell it to fix anything I don’t like. It’s also great for spelunking through large codebaes. You can easily trace through how an endpoint works for example, get it to write stuff like sample curl queries, etc.
But the thing is that you don’t actually work all that much faster. You still have to review everything. You have to actually the app and make sure it works functionally. Like you basically can’t trust anything it does. So, it makes my life easier. I don’t have to look up API docs, figure out how random libraries work, or having to write a bunch of boilerplate. But it doesn’t replace me, and it doesn’t actually result in me working significantly faster.