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

Several companies have tested the waters with bold AI declarations — only to backtrack once the backlash hit.

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• Behind closed doors, CEOs are saying what they won't admit publicly: AI means smaller teams.
• In public, they stick to the safe script — "we're hiring" — to soften the blow, one investor said.
• From Klarna to Duolingo, companies that touted bold...