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3. Google is spending so much on AI that they can't afford to keep paying people, but they are ok with this because they are convinced the AI investment will replace the people at an eventual cost savings.
Or
3. Google is spending so much on AI that they can't afford to keep paying people, but they are ok with this because they are convinced the AI investment will replace the people at an eventual cost savings.
That seems to have been Dorsey's approach. The business has been stagnant, so cut the roster and bet big on some future returns from AI.