Snap lays off 16% of workers, citing 'rapid advancements' in AI(businessinsider.com)

12 pointsby matthieu_bl3 mesi fa7 comments

Snap lays off 16% of workers, citing 'rapid advancements' in AI

https://www.businessinsider.com/snap-layoffs-ai-read-memo-snapchat-2026-4

8 comments

All of these things can be true at the same time:

* AI makes it that you don't need as many devs as in the past

* Snap is a terrible business

* Snap overhired during Covid

* High interest rates are forcing companies to downsize

matthieu_bl3 mesi fa

SEC filling https://www.sec.gov/Archives/edgar/data/1564408/000119312526...

xvxvx3 mesi fa

I haven’t heard anyone mention Snapchat in a long time.

jqpabc1233 mesi fa

We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together.

I guess "human progress" doesn't include empowering people with a job?

jazz9k3 mesi fa

You really have to ask yourself if tech companies are doing things to help humanity, when it seems the only goal for AI is massive job loss, with no alternative for the people that lost their jobs.

rvz3 mesi fa

This is AGI.

disqard3 mesi fa

You might enjoy this piece by Charlie Stross:

https://www.antipope.org/charlie/blog-static/2018/01/dude-yo...

(Spoiler: Corporations are AI)

bloody_bit3 mesi fa