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by credit_guy
176 days ago
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> Like when CEOs openly salivate at the prospect of firing all workers and replacing them with AI. CEOs aren't stupid. Some CEOs claim they are laying off people because AI has increased productivity and they don't need those people. But that's a lie. Not a straight lie, because lying to investors constitutes security fraud, but their language is carefully chosen so that the overall message is a lie, but they have plausible deniability. Here's an example: Amazon fired 30000 workers, supposedly because of AI. And here's an excerpt from Nate Jones (prolific AI commentator, who worked for 5 years at Amazon) video [1]: > Amazon fired 30,000 people because they needed the money today in order to buy GPUs to desperately try to secure a place in the future of AI cloud. That is the actual story. Now, that story does not sound as nice for Amazon as a future forward story about how we're automating with AI.
[1] https://natesnewsletter.substack.com/p/amazon-just-laid-off-... |
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