Nobody says corporations should not lay off. But they should give a severance package that can help the employee and his/her family go through the transition period and find a new job.
I am looking into their experiments. Seems most of them are pretty simple predictions/classifications. No wonder they get good results.
The claim is too bold and I would reject this paper
They should clarify that the data is good enough for linear regression. Not to say there is no difference between real and syn data.
You are ignoring the restrictions and regulation that exist around sharing data in lots of financial, government and medical industries. Sometimes, the missed cost of 5 percent accuracy is much less than the inspections, delays and blockages that otherwise would occur if they wanted to use real data.