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Reminder

Let this serve as a stark reminder: capitalism, as it exists today, tethered to public markets that demand perpetual growth, is deeply flawed.

Amazon, like any publicly traded company, must show quarter over quarter gains. One of the easiest ways to do that? Cut costs.

Is the company bloated? Probably. But let’s be clear, no corporation truly cares about you. Public companies will always prioritize perceived growth over employee well being.

That’s the nature of the system.

As AI continues to advance, it will inevitably replace jobs across industries. This pursuit of efficiency will remain the top priority for companies until the underlying incentives change.


Corporate layoffs accelerating nationally

The corporate bloodbath picks up speed with Amazon's announcement today to layoff 14,000 corporate employees (following their announcement to replace 600,000 warehouse workers with AI driven robots over the next 24 months) and following mass layoff announcements other major technology/retail brands; Target, Meta, Accenture, Rivian, Paycon, etc.

I would suggest everyone update their resumes but if, like mine, your skillset is corporate related, it hardly seems like there is a point.

Good chance Canon could get involved again during slow time in January / February. Anyone know if the numbers have improved? My small division is doing okay, but not reflective of company-wide hardware sales.


Qualcomm managed to fool everyone for a day

Qualcomm entering datacenter AI GPU market must be the biggest joke of all. Nvidia and AMD are in the GPU market for 10+ years. Even Intel has a data center GPU which nobody uses. Qualcomm comes in yesterday and announces that they are entering the market? The executives managed to fool the market for a day. The stock is sinking back to normal now.


Chegg slashes 45% of workforce, blames ‘new realities of AI’

Chegg said on Monday it would lay off about 45% of its workforce, or 388 employees, as the “new realities” of artificial intelligence and diminished traffic from internet search have led to plummeting revenue.

https://www.cnbc.com/2025/10/27/chegg-slashes-45percent-of-workforce-blames-new-realities-of-ai.html


Accenture Is Lying About the Real Reason for Its Layoffs

Accenture keeps saying they’re firing employees who “can’t learn AI.” That’s complete bullsh-t. The truth is, they’re laying off people in the U.S. and rehiring or contracting cheaper labor in Costa Rica and Colombia.
They’re using the “AI skills” excuse to distract everyone from what’s really going on — cost-cutting and outsourcing. Now a lot of former employees are suing them for unfair and deceptive practices.
Accenture wants to look like an AI-driven company, but what they’re really doing is replacing loyal workers with cheaper ones abroad.


Companies blaming AI for layoffs

I've been seeing more companies laying off employees blaming AI. Amazon laying off 14K corporate jobs. So many roles within Fidelity seem very robotic to me as it may be easy to utilize AI to cut overhead the question is on timing? If you work in one of the call centers you will notice what ever role the employees are in they are following a script, oh excuse me a call model for that role. There's very little self thinking within Fidelity so it seems would not be too far off when AI could easily learn the call models and also how to sound human to a client on the other end. Just the thought for the day


14000 Layoffs Confirmed

While this will include reducing in some areas and hiring in others, it will mean an overall reduction in our corporate workforce of approximately 14,000 roles. We’re working hard to support everyone whose role is impacted, including offering most employees 90 days to look for a new role internally (the timing will vary some based on local laws), and our recruiting teams will prioritize internal candidates to help as many people as possible find new roles within Amazon. For our teammates who are unable to find a new role at Amazon or who choose not to look for one, we’ll offer them transition support including severance pay, outplacement services, health insurance benefits, and more.

Some may ask why we’re reducing roles when the company is performing well. Across our businesses, we're delivering great customer experiences every day, innovating at a rapid rate, and producing strong business results. What we need to remember is that the world is changing quickly. This generation of AI is the most transformative technology we’ve seen since the Internet, and it's enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones). We’re convicted that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business.


AI Ponzi Flywheel about to crash 1leading to 15% layoffs

In the "AI Ponzi Flywheel" circulates money in a self-reinforcing loop which Cisco is a part of. This artificially inflates valuations without any broad external revenue

First, Nvidia and AMD inject low-cost financing directly into OpenAI (like Nvidia's $100 billion commitment and AMD's warrants for cheap stock)

this is for infrastructure purchases.

OpenAI then deploys these funds to acquire cloud compute from Oracle and CoreWeave (Nvidia-backed), along with networking equipment from Cisco via the Stargate UAE project.

Then, Oracle and CoreWeave reinvest OpenAI's payments to procure more Nvidia and AMD GPUs, expanding their capacity, while Microsoft amplifies the cycle through equity stakes and Azure integrations. Hype-fueled stock surges enable warrant exercises or stake sales, recycling profits back into further financing rounds. This internal churn sustains $20 trillion market caps and reported growth, like Nvidia's $300-500 billion projections and $64 billion cash flow, but hinges on perpetual inflows amid low data center utilization (60-90%) and ongoing losses ($10 billion annually for OpenAI)

This is a more fragile system than dot-com and the housing bubble combined. A single disruption could evaporate trillions in value.

the actual utility from AI is minimal. "agentic AI", "vibe coding" are losers and cause more problems than they solve.

AI is just a summarization machine that also makes it easy to pump out horrifcally tasteless videos for the masses


Are app Eng cooked?

I’ve been hearing there’s ai now that can do our jobs… and that the entire SWE chapter but almost exclusively application engineers are targeted for ENGINE asap.. is there truth to this? Tbh I’ve been looking for jobs since last August with zero interviews so I’m really really worried. Any insight would mean a lot, thanks !


Can someone explain the AI love affair by leadership?

So maybe I'm dense, but I don't understand leaderships FOMO of AI , these guys are trying to throw AI at every problem, when most of T business models have nothing to do with AI directly, they complain about churn, and think AI is going to find some missing demographic, or want to use AI for lots of internal development, yet we're constrained by regulatory limits that don't play nice with GENERATIVE features of today's models.. Help me understand...


Teams - Microsoft enabling location snitching

https://www.tomsguide.com/computing/office-software/microsoft-teams-will-start-snitching-to-your-boss-when-youre-not-in-the-office-and-this-update-is-coming-in-december

I don’t care as my team knows I’m not in office, but between this and AI taking 80% of jobs (or some similar dire forecast), it’s absurd to give anything to the company beyond the minimum.


Lies and overseas outsourcing

Lyondellbasell has terminated roughly 85% of its IT (or Digital buzzword) staff (originally announced as 100 employees but real numbers are around 300+) that had 8+ years..with the company in an effort by an ex-Shell fool named Kayoor to outsource American jobs to TCS outsourcing Indian shared services, keeping only Senior leadership and dozens of 'directors' that are solely responsible for saving their own jobs ' and not the ones performing the actual work for the company.
Claiming they want to industrialize utilizing AI , these individuals have adopted an old model of cheaper, less experienced and less knowledgeable workers hoping they can recoup money lost due to a CEO thats agenda was to make a plastics ccompany not develop plastic.
Lyondellbasell is circling the toilet bowl.


Pssst. In case you didn’t know about the 100 Million

Reading posts for far too long without contributing aside from a thumbs up or down.
All the bit$hing about layoffs and RTO can be summarized and understood by understanding the un mutable living fact. Which is, 100 MILLION of us will be displaced by AI by 2030.
Fact, not fiction. There will be civil unrest. There will be difficult times. This vast wasteland called T is the least of our worries, Look to your right and to your left. I promise you those employees will be unemployed.


Red Flag’: Analysts Sound Major Alarms As AI Bubble Now ‘Bigger’ Than Subprime.

With SAP and almost every other company flushing billions down the toilet chasing a phony dream, what happens after the crash?

https://www.commondreams.org/news/artificial-intelligence-bubble

MarketWatch reported on Friday that the MacroStrategy Partnership, an independent research firm, has published a new note claiming that the bubble generated by AI is now 17 times larger than the dot-com bubble in the late 1990s, and four times bigger than the global real-estate bubble that crashed the economy in 2008.

Perkins told Axios that he’s particularly wary because the big tech companies are claiming “they don’t care whether the investment has any return, because they’re in a race.”
“Surely that in itself is a red flag,” he added.

“I think that there will be a lot of capital that’s deployed that will turn out to not deliver returns, and when that happens, people won’t feel good,” he said.


If this company really wanted to move forward...

This zero-innovation management team would be gone yesterday, and employees at all levels (management are also employees) who think spending 8 hours a day being in an office building translates to 8 hours a day of productivity would be culled in favor of those who understand 80% of your results come from 20% of your effort.

Effective employees avoid the other 80% of effort because it's almost always useless. AI could hold an earnings call and draft a better earnings email than any of the current management team. It would certainly sound more professional than WF's Chief uhm-ahh Officer.


Do you see an internal rush and a sense of desperation desperation on how to apply AI? their search for ideas

I am seeing all sort of initiatives along this line, I am not sure if it is just managers trying to show how much they align with the latest buzzwords or it is a genuine and desperate search for ideas to make us competitive in this field.

It does sound and look like "when you only have a hammer everything looks like a nail"


Cisco AI is a dud - layoffs incoming

ain't nobody buying AI podz, AI Canvas, AI defence, AI Webex

ai canvas is a year too late and full of nasty (soul crushing) security flaws and bugs
ai podz are crazy expensive for a rack server + gpu
ai defence is yet another promising acquisition crushed under the fatty folds of cisco bureaucracy

and who the heck uses webex?


Impact of AI at SAS and its workers in the next few years

What will be the impact at SAS with AI in the coming years? Are you worried?

Calacanis warned: "Before 2030 you’re going to see Amazon, which has massively invested in [AI], replace all factory workers and all drivers … It will be 100% robotic, which means all of those workers are going away. Every Amazon worker. UPS, gone. FedEx, gone.”

https://www.msn.com/en-us/news/other/bernie-sanders-agrees-with-billionaire-elon-musk-i-fear-he-may-be-right/ar-AA1P07Qr?ocid=winp2fptaskbar&cvid=68faad410dea4c86a5b3449004875a5e&ei=16


Have you trained your co-worker's replacement yet?

If not you better get on it because you can bet they are busy right now training AI to replace you! It should go without saying that they will try to hide this from you by saying they are "swamped with work" after the last RIF, or that they "have decided not to work hard anymore", etc

Meanwhile, the more co-workers that you show management you can replace, the more valuable you look to Team Oracle


"Ask Me Anything, but only if it is about AI"

This is the second tech AMA where you are only allowed to discuss "AI". Why not let the meeting serve its original purpose? Let associates ask what they are wondering about. Sure, ask AI questions, but people should be encouraged to ask what they want. What a tone deaf joke given the state of morale.


Chief of Product, G2 — Short for ‘Gee, Too Late.’

Another reorganization — new names, the same long-entrenched inept leadership.

No real changes. No products. Quality keeps sliding while the company waits for someone — anyone — to make sense of AI, since the so-called AI teams clearly can’t.

Directionless “AI strategy” built on vaporware, riddled with defects, and outsourced to contractors following Chinese-grade security practices — meaning none at all.


IBM stock drops to $274 - 5% - 12 points after Q325 earnings

https://www.cnbc.com/2025/10/22/ibm-q3-2025-earnings-report.html

Love how AK brags every qtr about the "huge and growing AI and hybrid cloud backlog". Yeah right! ISC forecasts by sales is TOTAL BS!!!!! Just put AI or cloud in the product title and bo-m the backlog goes to $1T. SMH!


Here we go

  • Meta will lay off roughly 600 employees within its artificial intelligence unit, a spokesperson confirmed to CNBC.
  • The cuts come as Meta has poured billions of dollars into AI to keep pace with rivals like Google and OpenAI.
  • Meta’s chief AI officer, Alexandr Wang, announced the layoffs in a memo to staff.

https://www.cnbc.com/2025/10/22/meta-layoffs-ai.html


Time to clear house. The house eero built

Reposting for visibility. The original question was why address design structure in the wake of a 2 billion dollar loss on ev side of the business.

@ff I would say both. Studio for reasons mentions by a few people here. It's honestly an antiquated group within the company. Very old school way of thinking there. As the company evolves around them they are stuck in a bubble of arrogance. Way too top heavy on the salary structure, just look at the amount of level 7/8s there vs how many people actually do the work. Others areas at wtc might have one L8 covering hundreds of workers. Over there it feels the opposite.

As far as design when it pertains to production parts and process's I would say there is some bloat on that end as well. You start talking about DREs that "own" one or two widget parts on the car or maybe a couple models. They didn't design the part, there might not be changes to the parts, there might have been no issues since the part was designed but for some reason we need to have a whole group support it. That goes for almost every system and part put on the car. Leadership is scrambling trying to right the ship but they are cutting the wrong items out of our proven process's. Ask yourself why we still have multi thousand car floats that need repair at ALL of our plants... I'll answer for you... We didn't actually test anything like we used too because some out of touch boomer thinks AI and virtual reality will solve the companies problems. While we are at it why is so much money being dumped into battery development at this Wallace lab and the shuttering of mock up. The public has spoken, not many people want evs, especially without the tax credit. maybe Steve Jenkins can answer at the next Cole podium fireside lunch and learn brought to you by Starbucks