Oracle sheds 21,000 roles over the past year
cnbc.com> “The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,”
> "The company told employees in March that it was cutting thousands of jobs as it faced investor pressure over raising huge amounts of debt for its AI infrastructure buildout."
Is this a dual threat for employees working in companies that have some goal to build out AI infrastructure? The first threat being the obvious "AI is doing your job now" and the second threat being the company needs more money to build out their infrastructure?
We need your salary to buy the machines that will do your job. :|
That’s an interesting point. In some cases, employees may be competing not only with AI, but also with the budget required to build and run it.