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

AI is a tool to boost productivity, not to take anyone’s job, according to the script many CEOs have been using.

Behind closed doors, it’s a very different conversation, said two software investors on an episode of the “Twenty Minute VC” podcast published Thursday.

“Public companies are trying to prepare their teams for it, but the backlash was too strong,” said Jason Lemkin, an investor in software startups.

Instead, CEOs fall back on the safer line: “In fact, we’re…