White House advisor: Companies blame AI for layoffs to please press

businessinsider.com

President Trump's science adviser said companies cite AI as the reason for layoffs because it "plays better in the press," casting doubt on AI-driven job loss claims. Speaking on a podcast, Michael Kratsios agreed that firms doing layoffs anyway can see stock gains from citing AI. OpenAI's Sam Altman has also acknowledged "AI washing." Business Insider has tracked 17 companies, including Uber, Snap, and Block, citing AI in layoffs. Kratsios said he is optimistic about AI's long-term job impact, blaming "doomers" for public skepticism. He helped craft Trump's AI Action Plan, which prioritizes deregulation and data-center permitting.


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White House advisor: Companies blame AI for layoffs to please press | News Minimalist