this post was submitted on 10 Jun 2024
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Microsoft Lays Off 1,500 Workers, Blames "AI Wave" (futurism.com)
submitted 5 months ago by Espiritdescali@futurology.today to c/futurology@futurology.today
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[–] Modva@lemmy.world 16 points 5 months ago

With loads more to come. Company owners and shareholders will benefit heavily from AI and job automation, while the workers are replaced. But don't worry, new jobs always appear, it's a universal magical rule.

/s

Gotta keep that share price rising.