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    Home»Expert Analysis»AI Layoffs Are Coming for YOUR Job Next (Here’s Why)
    Expert Analysis

    AI Layoffs Are Coming for YOUR Job Next (Here’s Why)

    Mr. MonitorBy Mr. MonitorJuly 19, 2024No Comments2 Mins Read
    Intuit Embedded Expectations Analysis showing historical data and market expectations for uniform ROA from 2019 to 2028E
    Intuit's AI investments are expected to significantly boost their return on assets, as shown in this Embedded Expectations Analysis.

    We are on the brink of an AI revolution that is about to turn the job market upside down. And if you think your cushy corporate gig is safe, think again!

    As Joel Litman, the brilliant mind behind Altimetry, recently pointed out, the AI-driven layoffs that have rocked Big Tech are just the beginning. Companies in every industry are waking up to the massive efficiency gains that AI can provide. And that means pink slips for thousands of unsuspecting employees.

    Just look at Intuit, the financial software giant behind TurboTax and QuickBooks. They just axed 10% of their workforce, even though business is booming! Why? Because CEO Sasan Goodarzi realizes that AI can help them do more with less. As Litman explains:

    “Goodarzi wants engineers, product staff, and sales staff who can help the company ramp up its AI offerings. He let go of 1,800 people, and he’s planning on hiring a similar number back… but in new, AI-related roles.”

    Joel Litman

    Friends, this is the new reality. Companies are ruthlessly optimizing their workforces to take full advantage of AI. And if your skills don’t align with this brave new world, you could be next on the chopping block.

    But here’s the real kicker. The market is absolutely loving these layoffs! They see AI as a path to explosive profit growth. Just check out Litman’s Embedded Expectations Analysis for Intuit:

    Intuit Embedded Expectations Analysis

    The market thinks Intuit‘s AI investments will send their already sky-high 55% return on assets soaring to nearly 70%! That’s an insane level of profitability.

    So what does this mean for you? It’s simple. You need to get ahead of this trend before it’s too late. Upgrade your skills, embrace AI, and make yourself indispensable. Because mark my words, the AI revolution is coming for YOUR job next.

    The good news is, there are still massive opportunities in this market for those who know where to look. In fact, Joel Litman just hosted an urgent “AI Panic Summit” to reveal the AI bombshell no one is talking about… and the #1 step you need to take with your money today.

    >>> Click here to watch the replay before it’s too late!

    Trust me, you won’t want to miss this. Your financial future depends on it.

    Keep your eyes open,
    The Market Monitor

    Mr. Monitor
    • Website

    Meet Mr. Monitor, the irreverent and bold editor-in-chief of Market Monitors. His writing style is as unconventional as his investment strategies. He's not afraid to ruffle a few feathers or challenge the status quo in his pursuit of the truth. His articles are a refreshing blend of hard-hitting analysis and witty commentary that keeps readers coming back for more. But reader beware: Mr. Monitor's bold predictions and contrarian views aren't always right on the money. In the fast-paced world of finance, even the most seasoned experts can miss the mark. That's why Mr. Monitor always encourages his readers to think for themselves and never blindly follow anyone's advice - not even his own.

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