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CEOs know AI will shrink their teams — they're just too afraid to say it, say 2 software investors


Two tech investors say behind closed doors, CEOs are discussing what they won't admit publicly: AI means smaller teams.

Behind closed doors, it's a very different conversation, said two software investors on an episode of the "Twenty Minute VC" podcast published Thursday. He said what ends up getting shared publicly is a "very bland statement" full of "standard corporate speak for how you talk about AI." AI companies and the government need to stop "sugarcoating" the risks of mass job elimination in fields including technology, finance, law, and consulting, Amodei said.

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