alt Hacker NewsIt’s not that they believe AI tools are replacing workers, it’s using the new free cash flow allows them to invest in AI.
They are betting that their AI business will be profitable, and need to cut costs to invest in it.
Replies
neonstatic • last Thursday at 3:24 AM
> They are betting that their AI business will be profitable, and need to cut costs to invest in it.
I think AI is a wonderful excuse for many. You can now lay off as many people as you want without standing out in a negative way. "Everyone is doing it" and "everyone knows why it's happening".
> are betting that their AI business will be profitable
It could be. The idea that a business built on this framework won't immediately be picked apart by every competitor under the sun is entirely beyond me.
> and need to cut costs to invest in it.
If I'm right then this is just slashing your own throat so you can be the first to the bottom.