alt Hacker NewsGoogle's projected AI capex spend is $170-180 billion for this year. It's unreasonable to think AI would not be a reason for companies to consider layoffs.
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fcarraldo • yesterday at 8:50 PM
Does that include R&D? Google is an AI _provider_, which is a considerably different profile in terms of spend from companies who are consumers. I would expect Google to be investing considerable resources to keep up with Anthropic and OpenAI.
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There are two ways to interpret your comment:
1. Google is getting so much productivity out of their AI that they need fewer people.
2. Google is spending so much on AI they can’t afford to keep the people they need.