this post was submitted on 14 Jan 2024
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The tech sector is pouring billions of dollars into AI. But it keeps laying off humans (edition.cnn.com)
submitted 10 months ago by [email protected] to c/[email protected]
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The tech sector is pouring billions of dollars into AI. But it keeps laying off humans::The tech sector has kicked off the new year with a spate of fresh job cuts that are coming at the same time as the industry is doubling down on investments into artificial intelligence.

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[–] [email protected] 6 points 10 months ago

Sunk cost. They’ve already spent tens of millions on this.