Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

https://lemmy.ml/post/44166723

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres - Lemmy

Lemmy

Have we finally stopped pretending the layoffs are being caused by AI replacing workers?
If you had a customer service phone center job that was replaced with an AI chatbot, you certainly did lose your job to AI.
Not exactly. I’m sure there are specific cases where someone lost their job because AI does it better, but in most cases they lost their job because we’re in a recession and the company needed to use chatbots to cut costs.
…decided to use chatbots to cut costs. Also, AI doesn’t do it better.
Well, it cuts costs in the short run. In the long run it’s more expensive because (for most jobs) it does a worse job and requires human intervention to fix the problems it creates, but that’s next fiscal quarter’s problem.