Easy Way shares my view of AI

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  • chuft
    Stepher
    SPECIAL MEMBER
    MODERATOR
    Level 33 - New Superhero
    • Dec 2007
    • 4434

    #166
    Amazon is laying off thousands of corporate workers in an effort to slim down while it spends big on the AI race.

    In a note on Tuesday, Amazon human-resources executive Beth Galetti said the tech giant would cut about 14,000 corporate jobs, or about 4% of its workforce.



    https://www.npr.org/2025/10/28/nx-s1...ate-workers-ai





    And so it begins: AI's labor market squeeze tightens


    Unfortunately I read articles like these every day. Meanwhile first Amazon Web Services (AWS), and then Azure (Microsoft Cloud) have major outages due no doubt to their crappy AI programming.
    l i t t l e s t e p h e r s

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    • chuft
      Stepher
      SPECIAL MEMBER
      MODERATOR
      Level 33 - New Superhero
      • Dec 2007
      • 4434

      #167
      Nvidia passed 5 trillion market cap today. Over $208 a share, was $14 three years ago. Dividend is $0.01, yield 0.02%.

      When this balloon pops and the AI bubble bursts it's going to be really ugly. I look forward to the hype reversing and everyone scrambling to claim they didn't waste money on this AI foolishness.
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