Microsoft president Brad Smith acknowledged that the four rounds of layoffs this year are more about using the money saved to fund AI data centers and GPUs than workers being replaced by AI.
I think this is important for the media to get right versus making it seem like ChatGPT can replace a human worker.
@carnage4life MSFT's P/E is really high right now, and yet they dispose of their "greatest asset" instead of raising money from the markets? 🤔
I'm no finance guru but I think they're only saying this because GPUs don't get demoralised and underperform when you tell them they're not your most valued asset...
Dare Obasanjo
felix