this post was submitted on 16 Feb 2024
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Cisco to lay off more than 4,000 employees to focus on artificial intelligence::Cisco revealed plans to slash its headcount by 5% on Wednesday, which will affect roughly 4,250 employees across the tech behemoth's global workforce.

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[–] MeepsTheBard@lemmy.blahaj.zone 0 points 2 years ago (1 children)

"AI isn't good enough to replace workers yet, but it's good enough to convince CEOs it can."

[–] ChocoboRocket@lemmy.world 0 points 2 years ago (1 children)

AI isn't good enough to replace workers, but it could probably replace C-suite executives at astronomical savings to the company

[–] demonsword@lemmy.world 0 points 2 years ago* (last edited 2 years ago) (1 children)

One of the truest things I know about AI is: "we're nowhere near a place where bots can steal your job, we're certainly at the point where your boss can be suckered into firing you and replacing you with a bot that fails at doing your job"

https://pluralistic.net/2024/01/11/robots-stole-my-jerb/#computer-says-no