Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
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CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
The software company said in February it would cut 7,000 jobs but, as it touts new technology, workers are still waiting to hear which roles will go Get our breaking news email, free app or daily news podcast Staff at WiseTech have been waiting almost three months to be told if they’re among the 2,000 people the logistics software company is to cut due to advances in AI, with workers criticising the wait as stressful and “ridiculous”. The comments come as its founder on Tuesday told investors an AI agent could learn a human’s job in just 15 minutes, according to the Australian Financial Review. Continue reading...
Nvidia CEO Jensen Huang pushed back against fears of AI-driven unemployment at a Milken Institute event on Monday, arguing that AI represents America’s greatest opportunity for reindustrialization rather than a threat to workers. Speaking with MSNBC’s Becky Quick, Huang contended that automating specific tasks within a role does not eliminate the broader purpose an employee […]
The Nvidia CEO seems to feel that claims of AI's job-killing potential have been greatly exaggerated.