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I don't think the layoffs were related to big tech firms wanting to replace the workers with AI. I think it is: 1. Over hiring from covid 2. A switch from de
by aurareturn 2y ago
I don't think the layoffs were related to big tech firms wanting to replace the workers with AI.
I think it is:
1. Over hiring from covid
2. A switch from developing traditional software to one that is LLM based
- impossiblefork 2y agoNah. It's much more likely to be the interest rates. The interest rates mean that the now gets a higher priority, and software ready in 2030 or later a lower priority.
- aurareturn 2y ago"Covid" implied both the stay at home digital boom and low interest rates.
- impossiblefork 2y agoBut the interest rates were low already after 2008.