> “The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,”
> "The company told employees in March that it was cutting thousands of jobs as it faced investor pressure over raising huge amounts of debt for its AI infrastructure buildout."
Is this a dual threat for employees working in companies that have some goal to build out AI infrastructure? The first threat being the obvious "AI is doing your job now" and the second threat being the company needs more money to build out their infrastructure?
Thanks for the comment and ideas. I was thinking through the different types of things that could be sidelines. You hit on many of them. There are some cultural festivals that occur in the downtown that can bring opportunities for some local craftspeople to share retail space before and after the festivals. Also, some branded items that go well with books like totes and bookmarks.
This is a timely comment for me. I have been doing research on opening a small indie (new/used) bookstore in a small old downtown I walk through almost every day. It has restaurants, specialty shops, coffee shops and a small local grocery store. I've always thought it was missing a bookstore.
Any tips/warnings that might not be immediately obvious to a hopeful bookstore owner? Do you think there is a sweet spot in terms of square footage of retail space? Margins are low so do you supplement with sidelines/events/memberships?
One of my next steps is to join the ABA as a provisional member to get access to their new bookseller guides.
The original story, “A Can Ride I’ll Never Forget”, has been posted here a couple times in the past. However, it’s one of the stories that is worth revisiting ever so often. The author also seems to have added a forward with his thoughts about the story and how it was popularize across the internet.
> "The company told employees in March that it was cutting thousands of jobs as it faced investor pressure over raising huge amounts of debt for its AI infrastructure buildout."
Is this a dual threat for employees working in companies that have some goal to build out AI infrastructure? The first threat being the obvious "AI is doing your job now" and the second threat being the company needs more money to build out their infrastructure?