EspiritdescaliMA to

FuturologyEnglish · 3 months ago

Cisco Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit

253

Cisco Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit

EspiritdescaliMA to

FuturologyEnglish · 3 months ago

Tech Company Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit

Cisco posted $10.3 billion in profits last year but is still laying off 5,500 workers as part of an effort to invest more in AI.

Chat

AwkwardLookMonkeyPuppet@lemmy.world
link
fedilink
English
arrow-up
4
arrow-down
3·
3 months ago

I haven’t seen AI do anything better than an actual person.

Then you haven’t looked very hard.