Posted 1/31/2024, 7:44:00 PM
Tech Giants Bet Big on AI While Trimming Non-AI Jobs
- AI investments by Microsoft, Google ramping up, while hiring slowing/job cuts in non-AI areas
- Alphabet cutting over 1,000 jobs while increasing AI spending and expecting it to grow "notably"
- Alphabet using AI to "streamline operations", resulting in job cuts and slower hiring
- Microsoft laid off 12,000+ last year, now 2% fewer employees, while touting heavy AI investments
- Safest jobs are those playing a role in companies' AI ambitions, concerning for broader industry