#AI really is the ultimate capitalist tool-companies slash thousands of jobs even though they're already highly profitable: https://www.theguardian.com/technology/2026/apr/01/us-tech-firm-oracle-cuts-thousands-of-jobs-as-it-steps-up-ai-spending-larry-ellison #ArtificialIntelligence
US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company seeks to reassure investors that bet on artificial intelligence infrastructure will pay off

The Guardian