this post was submitted on 14 Jan 2024
228 points (97.1% liked)

Technology

59091 readers
5373 users here now

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

Our Rules

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

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
228
The tech sector is pouring billions of dollars into AI. But it keeps laying off humans (edition.cnn.com)
submitted 9 months ago by [email protected] to c/[email protected]
28 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
[–] [email protected] 6 points 9 months ago

Sunk cost. They’ve already spent tens of millions on this.