this post was submitted on 10 Jun 2024
104 points (97.3% liked)

Futurology

1812 readers
199 users here now

founded 1 year ago
MODERATORS
voidx
Lugh
Espiritdescali
AwesomeLowlander
104
Microsoft Lays Off 1,500 Workers, Blames "AI Wave" (futurism.com)
submitted 5 months ago by Espiritdescali to c/futurology
16 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Modva@lemmy.world 16 points 5 months ago

With loads more to come. Company owners and shareholders will benefit heavily from AI and job automation, while the workers are replaced. But don't worry, new jobs always appear, it's a universal magical rule.

/s

Gotta keep that share price rising.