Wonder if there is a self fulfilling prophecy. These large "AI" companies push their models/platforms for increasing productivity. If they're not reducing their own workforce or increasing productivity and reaching larger growth and profits, why would the rest of the world believe them and do the same.

I have been told by a startup founder that he wants his strongest player to replace and automate the weakest using AI!

That may be what Meta is already doing. I’m afraid we are going to see something like that at play in tech for the coming few years until we get to an equilibrium. Sad and it might work.

one thing with AI is it really seems great for small companies as it allows you to do more, but for big companies, not really sure it enables anything other than figuring you are overstaffed.

Systems are great, but the product has been very poor.

The real question for me is how the hell did this company reach $200 billion in annual revenue? Nothing about our economy makes any sense to me.

The firings will continue until morale improves.

"letting go of people who have made meaningful contributions to Meta during their time here..." is a sacrifice Mark Zuckerberg is willing to make.

Meta will go down in history as the quintessential case study of late stage capitalism. A company that has provided a consistently worse product over time and produced consistently less value over time to the detriment of both their users and employees, yet somehow gets consistently more profitable.

Will Meta also cut down on their use of lobbyists, trying to mandate more age sniffing?

Something is seriously flawed here.

AI or not, I can't wait until the tech platforms decide they don't need any workers to actually, you know, work on their product, and so it gets worse and worse

Facebook is kind of a functionally useless product. The feed has always been a mess. You can get banned at any time, there's no account security, and so on and so on