CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying that for 20 years’
Fortune
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Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.
AI Costs Soar, Companies Rethink
- After the AI binge, companies balk at soaring bills The Straits Times —
- After the AI binge, companies balk at soaring bills The Japan Times —
- AI divide: It's not technology but learning capacity Korea Times —
- SoftBank to build AI data center network in France with $52B investment Seeking Alpha —
- SoftBank plans up to €75 billion investment in French AI centers The Japan Times —