Comment on Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

<- View Parent
ieGod@lemmy.zip ⁨1⁩ ⁨day⁩ ago

“Think of the shareholder value of firing all these people!”

This is of course problematic, but not directly the fault of the technology itself. The entire system is problematic, but that’s a digression from the effectiveness of the tech doing the job.

And the instances I’m talking about were running the ai stack and employee teams in parallel for nearly a year. The replacement wasn’t a “yeah let’s try this… whoops that didn’t work”. It was a tried and tested approach, and the employees made redundant (in the capability sense, not the firing sense, which followed afterwards).

source
Sort:hotnewtop