this post was submitted on 07 Mar 2026
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United States | News & Politics

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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)
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[โ€“] III@lemmy.world 1 points 3 weeks ago (1 children)

...decided to use chatbots to cut costs. Also, AI doesn't do it better.

[โ€“] queermunist@lemmy.ml 2 points 3 weeks ago* (last edited 3 weeks ago)

Well, it cuts costs in the short run. In the long run it's more expensive because (for most jobs) it does a worse job and requires human intervention to fix the problems it creates, but that's next fiscal quarter's problem.