Most of the time the companies say the layoffs are because AI is doing people jobs, but the reality is that making things that use AI is just a lot more expensive. And enabling employees to use AI more than the free tier is really expensive too. So, they need to cut cost elsewhere to balance it out.

  • Jo Miran@lemmy.ml
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    3 hours ago

    Clay Magouyrk (CEO):
    Larry, in order to pay for these datacenters we might need to cut up to 20,000 jobs.

    Larry Ellison:
    Cut 30,000.

    Clay Magouyrk:
    But Larry, 20,000 would be more than…

    Larry Ellison: