Snap lays off 16% of workers, citing 'rapid advancements' in AI (businessinsider.com) 12 points by matthieu_bl 3mo ago ↗ HN
[–] matthieu_bl 3mo ago ↗ SEC filling https://www.sec.gov/Archives/edgar/data/1564408/000119312526...
[–] aurareturn 3mo ago ↗ All of these things can be true at the same time:* AI makes it that you don't need as many devs as in the past* Snap is a terrible business* Snap overhired during Covid* High interest rates are forcing companies to downsize
[–] jazz9k 3mo ago ↗ You really have to ask yourself if tech companies are doing things to help humanity, when it seems the only goal for AI is massive job loss, with no alternative for the people that lost their jobs.
[–] jqpabc123 3mo ago ↗ We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together.I guess "human progress" doesn't include empowering people with a job?
7 comments
[ 3.5 ms ] story [ 30.9 ms ] thread* AI makes it that you don't need as many devs as in the past
* Snap is a terrible business
* Snap overhired during Covid
* High interest rates are forcing companies to downsize
I guess "human progress" doesn't include empowering people with a job?