Beware the promise of ‘peak woke’

Intro:

Has wokeism passed the high point of its influence? Tyler Cowen — who isn’t entirely hostile to the movement — believes that it has. By way of evidence, he points to the fact that diversity, equity and inclusion (DEI) roles are taking the brunt of job cuts in the US tech industry.

According to figures compiled by Revelio Labs, and cited here by the Daily Mail, DEI teams have “shed about a third of their staff” over the last year. This reverses the previous trend — which had seen corporate America quadruple the number of DEI positions in the space of five year…