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by softwaredoug
27 days ago
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Tech execs made choices that made the public hostile to AI. They told everyone they were going to lose their jobs a not participate in the upside (implication: they get all the wealth). They cozied up to a corrupt administration that stripped public benefits while enriching themselves (now from tax dollars). They forced towns to accept environmentally toxic data centers that take their water/power We’re all going to suffer the economic consequences of being left behind in AI (and other fields) all because execs wanted to double down on privatize the gains / socialize the losses. |
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They didn't just tell everyone, they stopped hiring and started firing despite already making double digit YoY profits.