Technology

59472 readers

3684 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

133

The tech sector is pouring billions of dollars into AI. But it keeps laying off humans (edition.cnn.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

20 comments fedilink hide all child comments

The tech sector is pouring billions of dollars into AI. But it keeps laying off humans::The tech sector has kicked off the new year with a spate of fresh job cuts that are coming at the same time as the industry is doubling down on investments into artificial intelligence.

you are viewing a single comment's thread
view the rest of the comments

[–] RememberTheApollo@lemmy.world 11 points 10 months ago (1 children)

Is this not exactly what people said would happen? Is this not exactly the point of AI? Aside from the fact that layoffs have been going on for a year or more, of course.

[–] Zeth0s@lemmy.world 0 points 10 months ago* (last edited 10 months ago)

No, this is independent on AI. AI for big tech is a core product, like a car for BMW. The layoffs are completely unrelated to AI, and related to stock price and interest rates of borrowing money. None of the layoff employee has been substituted by AI. It's pure old school finance

Unrelated news in a single title just to attract readers. Usual sh**y to ride the AI hate bandwagon