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Have we finally stopped pretending the layoffs are being caused by AI replacing workers?
If you had a customer service phone center job that was replaced with an AI chatbot, you certainly did lose your job to AI.
Not exactly. I’m sure there are specific cases where someone lost their job because AI does it better, but in most cases they lost their job because we’re in a recession and the company needed to use chatbots to cut costs.
…decided to use chatbots to cut costs. Also, AI doesn’t do it better.
Well, it cuts costs in the short run. In the long run it’s more expensive because (for most jobs) it does a worse job and requires human intervention to fix the problems it creates, but that’s next fiscal quarter’s problem.
I interacted once with a person fired from a QA position from Amazon (US) and she insisted that it was because of AI 100% so that kinda messed up my strong opinions tbh, maybe some are actually being fired because of it?
Well, I believe they told her that.
So oracle eats its seed corn to build even more fucking data centers rather than accept the risk evaluations of their lenders.
Man, what god damn geniuses over there. I bet they can’t wait to have their ghost writers felate them over this decision in their future “autobiographies” that will be for sale at the airport. Oh wait, silly me, there’s no ghost writers anymore!
They have an ironclad contract with OpenAI, they can’t just opt out.
Oh shit the first domino has fallen.
may we see more in the coming weeks
First sign of the bubble bursting?
hopefully
They will have their ROI, both in money and chattel slaves.
To the surprise of zero sane people 😮💨🤬
I’m a bit surprised the bubble kept going as long as it did. It’s absolutely wild how investors just kept throwing hundreds of billions at tech that didn’t have any clear business model, no market fit, and wasn’t making any substantial revenue.
I was just at lunch with family members from around the country, and two of them said that big data centers had recently been turned down by their local politicians.
Oracle is refashioning as a bank
