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AI is taking jobs but for a different reason. Big Tech is in an AI race so they will shrink their staff or move jobs to India as much as possible to free capita

by alecco 1y ago

AI is taking jobs but for a different reason. Big Tech is in an AI race so they will shrink their staff or move jobs to India as much as possible to free capital for GPU datacenters. To hell with the consequences. Meta, Alphabet, and Oracle are even issuing almost $60 billions in bonds. Unheard of.

spprashant 1y ago
I am curious to see if jobs are actually moving offshore. Is there any data suggesting this? I was under the impression Big Tech is cutting jobs across the board, all regions.
- alecco 1y ago
  Microsoft announces US $3bn investment over two years in India https://news.microsoft.com/en-in/microsoft-announces-us-3bn-investment-over-two-years-in-india-cloud-and-ai-infrastructure-to-accelerate-adoption-of-ai-skilling-and-innovation/ https://news.microsoft.com/en-in/microsoft-announces-us-3bn-... (Jan 2025) Google announces $15B investment in AI hub in India https://apnews.com/article/google-artificial-intelligence-visakhapatnam-modi-pichai-ba8fd50e11e41bbdb72097dd10262283 https://apnews.com/article/google-artificial-intelligence-vi... (3 weeks ago) [Indian] ex-Accenture CTO named Google Cloud’s Chief Product https://www.hindustantimes.com/trending/us/who-is-karthik-narain-sundar-pichai-welcomes-ex-accenture-cto-as-google-cloud-s-chief-product-and-business-officer-101761020362017.html https://www.hindustantimes.com/trending/us/who-is-karthik-na... (last week) (a lot of people speculate they named an Indian Accenture guy to move as much as possible to India) Big Tech giants defy US-India trade tensions, record strongest 12-month headcount growth in India in 3 years https://www.moneycontrol.com/technology/big-tech-giants-defy-us-india-trade-tensions-record-strongest-12-month-headcount-growth-in-india-in-3-years-article-13506803.html https://www.moneycontrol.com/technology/big-tech-giants-defy... (September) https://www.reuters.com/world/india/openai-launch-first-india-office-new-delhi-this-year-2025-08-22/ https://www.reuters.com/world/india/openai-launch-first-indi... https://www.anthropic.com/news/expanding-global-operations-to-india https://www.anthropic.com/news/expanding-global-operations-t... ...
  - spprashant 1y ago
    Okay thanks for the links. I have supposedly not been reading the news.
chairmansteve 1y ago
Cannibalising their businesses....

by alecco 1y ago

spprashant 1y ago

I am curious to see if jobs are actually moving offshore. Is there any data suggesting this? I was under the impression Big Tech is cutting jobs across the board, all regions.

alecco 1y ago
Microsoft announces US $3bn investment over two years in India https://news.microsoft.com/en-in/microsoft-announces-us-3bn-investment-over-two-years-in-india-cloud-and-ai-infrastructure-to-accelerate-adoption-of-ai-skilling-and-innovation/ https://news.microsoft.com/en-in/microsoft-announces-us-3bn-... (Jan 2025) Google announces $15B investment in AI hub in India https://apnews.com/article/google-artificial-intelligence-visakhapatnam-modi-pichai-ba8fd50e11e41bbdb72097dd10262283 https://apnews.com/article/google-artificial-intelligence-vi... (3 weeks ago) [Indian] ex-Accenture CTO named Google Cloud’s Chief Product https://www.hindustantimes.com/trending/us/who-is-karthik-narain-sundar-pichai-welcomes-ex-accenture-cto-as-google-cloud-s-chief-product-and-business-officer-101761020362017.html https://www.hindustantimes.com/trending/us/who-is-karthik-na... (last week) (a lot of people speculate they named an Indian Accenture guy to move as much as possible to India) Big Tech giants defy US-India trade tensions, record strongest 12-month headcount growth in India in 3 years https://www.moneycontrol.com/technology/big-tech-giants-defy-us-india-trade-tensions-record-strongest-12-month-headcount-growth-in-india-in-3-years-article-13506803.html https://www.moneycontrol.com/technology/big-tech-giants-defy... (September) https://www.reuters.com/world/india/openai-launch-first-india-office-new-delhi-this-year-2025-08-22/ https://www.reuters.com/world/india/openai-launch-first-indi... https://www.anthropic.com/news/expanding-global-operations-to-india https://www.anthropic.com/news/expanding-global-operations-t... ...
- spprashant 1y ago
  Okay thanks for the links. I have supposedly not been reading the news.

chairmansteve 1y ago

Cannibalising their businesses....