Tech Industry job layoffs looking scary

[null]

this will backfire on them eventually

watching videos is not life or death does video actually make them money.

it would be harder to make the same mass change at say AWS.

still tho

 

[cyndaquil]

watching videos is not life or death does video actually make them money.

it would be harder to make the same mass change at say AWS.

still tho

They're just trying to justify capital expenditures into AI. And the video platform that doesn't make them most of their money is a good guinea pig for that to see what happens. I imagine AWS would be the very last of the Amazon products they try this with if they are able to make this process work

 

[null]

They're just trying to justify capital expenditures into AI. And the video platform that doesn't make them most of their money is a good guinea pig for that to see what happens. I imagine AWS would be the very last of the Amazon products they try this with if they are able to make this process work

if those numbers are true they've gone all in. that suggests that they are pretty certain it will work in that division.

 

[cyndaquil]

if those numbers are true they've gone all in. that suggests that they are pretty certain it will work in that division.

They were also certain AI would replace mid level engineers by 2025. Certain that AI would increase developer productivity by like 10x. Both of those things have been shown to be untrue. When the issues start happening they'll start calling some of those people they laid off back.

 

[Apollo Creed]

Are these all part of the 30k Layoffs Amazon announced they would do last yr or is everything this yr additional? Hard to follow

 

[null]

They were also certain AI would replace mid level engineers by 2025.

who was? AI peddlers? amazon themselves?

this is different to those sales pitch / marketing predictions.

Certain that AI would increase developer productivity by like 10x. Both of those things have been shown to be untrue. When the issues start happening they'll start calling some of those people they laid off back.

that's true.

elon slashed something like 40% and they survived.

look how long it is taking the hype of blockchain to run its cycle and this is much bigger.

 

[Silkk]

No wonder Amazon has been shyt the past week

Only takes one man to burn it all down

 

[Serious]

 

[Apollo Creed]

who is this person because blue checks mean nothing nowadays

 

[FaTaL]

The recent jobs report

 

[FaTaL]

One started mining bitcoin?

 

[Serious]

Potentially good news on the way:

 

[Apollo Creed]

Potentially good news on the way:

isn't this what they have been saying the whole time? Or more so they are putting a time line now on when we bounce back

 

[cyndaquil]

who was? AI peddlers? amazon themselves?

this is different to those sales pitch / marketing predictions.

Mark Zuckerberg lol

 

[cyndaquil]

Potentially good news on the way:

Funny of course that this timeline coincides with when Trump is out of office and the recession he's accelerated us towards has potentially ran its course