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mynameisbob@lemmy.ml to Fuck AI@lemmy.worldEnglish · 4 days ago

Big Tech cut 80,000 jobs and blamed AI — Experts say a real problem is that companies are 25% to 75% overstaffed

finance.yahoo.com

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Big Tech cut 80,000 jobs and blamed AI — Experts say a real problem is that companies are 25% to 75% overstaffed

finance.yahoo.com

mynameisbob@lemmy.ml to Fuck AI@lemmy.worldEnglish · 4 days ago
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Why are CEOs blaming AI for layoffs? Perhaps they don’t want to admit to their own mistakes.

Cross posted from https://lemmy.radio/post/13146463

Original Reddit discussion: https://www.reddit.com/r/technology/comments/1t31dic/big_tech_cut_80000_jobs_and_blamed_ai_experts_say/

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    3 days ago

    TL;DR - borrowing American dollars got expensive.

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as “AI” meant to increase market valuations.

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