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 Which is a bit stupid, if you think about it for more than 5 seconds.
Smith's framing suggests that they'll be more profitable with fewer workers. But in a well run business, each worker should be producing more value than they cost to employ. Which was very much the case for me, but I got laid off all the same.
Their thinking is "for every $1 we put into workers, they return $4, but every $1 we put in A.I. yields $10, so let's reallocate!" Except A.I. isn't making MSFT money.
Dare Obasanjo
Legit_Spaghetti
Sean Middleditch