The wave of tech layoffs a few years ago were blamed on AI but were so obviously attributable to interest rates and changing tax policies that the idea that the proto-AI tools we had at the time were responsible was laughable.
This shift we at least have better AI tools to blame (though I'd argue they're still not good enough), but we also have a US President who has straight up said that he wants to cause a global recession and has been doing everything in his power to make that happen.
Given that the impact of someone running a bulldozer through the economy like this is well-studied and that we'd predict exactly what were seeing here, attributing the damage to AI is silly verging on responsible. Place the blame where it belongs!