this post was submitted on 19 Aug 2024

253 points (99.2% liked)

Futurology

1856 readers

55 users here now

founded 1 year ago

MODERATORS

AwesomeLowlander

253

Cisco Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit (futurism.com)

submitted 4 months ago by Espiritdescali to c/futurology

24 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] expr@programming.dev 11 points 4 months ago (1 children)

It's not replacing anyone. It's just an excuse for the usual capitalistic bullshit that they would be doing anyway.

[–] Zexks@lemmy.world -1 points 4 months ago (1 children)

So you’re saying those people are NOT getting fired. They are NOT losing their jobs.

[–] calcopiritus@lemmy.world -1 points 4 months ago

They are. Just not because of AI.