Espiritdescali@futurology.todayM to

Futurology@futurology.todayEnglish · 3 months ago

Cisco Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit

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Cisco Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit

Espiritdescali@futurology.todayM to

Futurology@futurology.todayEnglish · 3 months ago

Tech Company Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit

Cisco posted $10.3 billion in profits last year but is still laying off 5,500 workers as part of an effort to invest more in AI.

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AwkwardLookMonkeyPuppet@lemmy.world
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3 months ago

I haven’t seen AI do anything better than an actual person.

Then you haven’t looked very hard.