2 ms·
The reason there were so many layoffs is because cheap money dried up. Nothing to do with AI. Interest rates are still relatively high.
by mattmanser 1y ago
The reason there were so many layoffs is because cheap money dried up.
Nothing to do with AI.
Interest rates are still relatively high.
- cmsj 1y agoIt might be more correct to say that interest rates are relatively normal, historically. Post-2008 we had a long period of abnormally low interest rates.