Comment on Amazon cuts 14,000 jobs, blames AI
morgan_423@lemmy.world 20 hours ago
I’m still trying to figure out how every CEO wants to replace nearly the entire workforce with AI, but somehow still thinks that anyone in society will be able to buy their products after they do that. Make it make sense.
explodicle@sh.itjust.works 16 hours ago
It’s a tragedy of the commons. Each CEO on his own doesn’t make much of a difference in the overall economy. His choices are: layoffs and get a bonus, or no layoffs and no bonus. But he doesn’t influence any other CEO’s choice. They’re all monopolies now so they don’t have to worry about losing sales from poor quality.