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☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) M to United States | News & Politics@lemmy.mlEnglish · 7 months ago

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

www.livemint.com

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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

www.livemint.com

☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) M to United States | News & Politics@lemmy.mlEnglish · 7 months ago
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  • cross-posted to:
  • technology@piefed.social
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  • usa@midwest.social
Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News
www.livemint.com
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Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.
  • queermunist she/her ( queermunist@lemmy.ml ) 
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    7 months ago

    Have we finally stopped pretending the layoffs are being caused by AI replacing workers?

    • BarneyPiccolo ( BarneyPiccolo@lemmy.today ) Banned from community
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      7 months ago

      If you had a customer service phone center job that was replaced with an AI chatbot, you certainly did lose your job to AI.

      • queermunist she/her ( queermunist@lemmy.ml ) 
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        7 months ago

        Not exactly. I’m sure there are specific cases where someone lost their job because AI does it better, but in most cases they lost their job because we’re in a recession and the company needed to use chatbots to cut costs.

    • idriss ( idriss@lemmy.ml ) 
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      7 months ago

      I interacted once with a person fired from a QA position from Amazon (US) and she insisted that it was because of AI 100% so that kinda messed up my strong opinions tbh, maybe some are actually being fired because of it?

      • queermunist she/her ( queermunist@lemmy.ml ) 
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        7 months ago

        Well, I believe they told her that.

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