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Where are all those price cuts thanks to AI implementation m (lemmy.world)

submitted 8 months ago by filister@lemmy.world to c/asklemmy@lemmy.world

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So many companies cut their workforce as much as 10-15% citing that those jobs can be fully automated by the use of AI but I am still waiting to see any meaningful price cuts of their products from the said companies, etc.

Otherwise this will mean that they are doing this just to increase their profit margins and please their shareholders and don't care about their customers or workforce.

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[-] drunkosaurus@kbin.social 2 points 8 months ago

Exactly. And the same thing will happen when fusion energy is figured out: energy prices remain the same, almost 100% of revenue gets pocketed as profit. "Limitless free energy" my ass.

this post was submitted on 01 Mar 2024

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