Amazon reported to layoff 30,000 corporate jobs, this is the largest layoff in history, **** cuts 14,000 jobs this morning

klientel

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I dunno about this one.

As someone who works in AWS presales there is no profit in AI. The services generate practically no revenue. There is a big push for it because if customers don’t run their shytty GenAI apps on AWS they will just do it on Azure. So leadership rather they do it here because it’s hot right now. But from a profit standpoint it’s ass

You can scope out a complicated agent based chatbot for a company and this bytch might be a couple hundred a month tops.
 

JT-Money

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I dunno about this one.

As someone who works in AWS presales there is no profit in AI. The services generate practically no revenue. There is a big push for it because if customers don’t run their shytty GenAI apps on AWS they will just do it on Azure. So leadership rather they do it here because it’s hot right now. But from a profit standpoint it’s ass

You can scope out a complicated agent based chatbot for a company and this bytch might be a couple hundred a month tops.
I think he's spot on. Because companies like Amazon are spending Billions on AI infrastructure. And like you said haven't had any return on investment yet. To make the financial numbers look better they resort to reducing headcount.

 

™BlackPearl The Empress™

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I dunno about this one.

As someone who works in AWS presales there is no profit in AI. The services generate practically no revenue. There is a big push for it because if customers don’t run their shytty GenAI apps on AWS they will just do it on Azure. So leadership rather they do it here because it’s hot right now. But from a profit standpoint it’s ass

You can scope out a complicated agent based chatbot for a company and this bytch might be a couple hundred a month tops.
But he's saying what you're saying.

His point is the cuts aren't actually to back AI. He literally said the cuts are to hide poor retail sales.
 

klientel

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I think he's spot on. Because companies like Amazon are spending Billions on AI infrastructure. And like you said haven't had any return on investment yet. To make the financial numbers look better they resort to reducing headcount.


That DC isn’t for customers or even expected to generate profit. It’s for anthropic to train Claude in a race against meta/google/openai to achieve AGI. That DC isn’t even in a customer region. It’s sunk cost because whoever releases AGI first basically runs the world.
 

™BlackPearl The Empress™

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Maybe I should actually pay attention before responding… :jbhmm:

Nah this the coli. I ain’t got time for that
:mjlol:

AI in general is not what people hype it to be. It's the hottest thing right now so all these companies are milking it until the bubble pops. Then there will be another wave to ride.
 

klientel

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:mjlol:

AI in general is not what people hype it to be. It's the hottest thing right now so all these companies are milking it until the bubble pops. Then there will be another wave to ride.
I agree with this 100%. It’s mostly useless and a huge time sink at the moment with no return. Almost every project I’ve seen has failed this year. But you don’t want to be the company that isn’t embracing the wave, that’s how you piss off shareholders. So everybody is pushing it.

But I do believe that will change soon and it will change at the world at some point. When that will happen? No idea…could be 3 years from now, could be 30. But at some point it’s going to be the biggest achievement in human history.
 

JT-Money

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:mjlol:

AI in general is not what people hype it to be. It's the hottest thing right now so all these companies are milking it until the bubble pops. Then there will be another wave to ride.
Tech companies have been running this scam for decades. You would think by now everyone would be living like the Jetsons. The way they keep hyping technology that over promises and undelivers. I remember a few years ago 5G was supposed to change the world.
:mjlol:

My company waste so much money on new technology trying to be first. And then gets mad at us in IT when the tech turns out to be garbage.
:russ:
 

™BlackPearl The Empress™

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Tech companies have been running this scam for decades. You would think by now everyone would be living like the Jetsons. The way they keep hyping technology that over promises and undelivers. I remember a few years ago 5G was supposed to change the world.
:mjlol:

My company waste so much money on new technology trying to be first. And then gets mad at us in IT when the tech turns out to be garbage.
:russ:
Remember during covid when they were literally selling virtual real estate?

:dead:

Let's not forget NFTs

:pachaha:
 

null

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I agree with this 100%. It’s mostly useless and a huge time sink at the moment with no return. Almost every project I’ve seen has failed this year. But you don’t want to be the company that isn’t embracing the wave, that’s how you piss off shareholders. So everybody is pushing it.

But I do believe that will change soon and it will change at the world at some point. When that will happen? No idea…could be 3 years from now, could be 30. But at some point it’s going to be the biggest achievement in human history.

they plan on embedding genAi everywhere.

just in time for AI to **ahem** .. "hallucinate" itself out of a market :hubie:

"Even Apple CEO Tim Cook isn’t sure the company can fully stop AI hallucinations. In an interview with The Washington Post, Cook said he would “never claim” that its new Apple Intelligence system won’t generate false or misleading information with 100 percent confidence."

rather than creating hyper-intelligent analytical death machines, we've made habitual line-stepping foot-shuffling bullshytting liars.

senile mofos :what:
used-car salesman AI :hhh:

that's somehow fitting for this timeline

:picard:


the cypher has shifted from quality software, to ‘something went wrong, try again,’ to 100% guaranteed-to-bullshyt-you software ...

.. and is now complete :hhh:
 
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