Flying Squid@lemmy.world to Technology@lemmy.worldEnglish · 1 year ago“AI took my job, literally”—Gizmodo fires Spanish staff amid switch to AI translatorarstechnica.comexternal-linkmessage-square42fedilinkarrow-up1387arrow-down114cross-posted to: [email protected]
arrow-up1373arrow-down1external-link“AI took my job, literally”—Gizmodo fires Spanish staff amid switch to AI translatorarstechnica.comFlying Squid@lemmy.world to Technology@lemmy.worldEnglish · 1 year agomessage-square42fedilinkcross-posted to: [email protected]
minus-squarearthurpizza@lemmy.worldlinkfedilinkEnglisharrow-up23arrow-down1·1 year agoIt’s a little dance called capitalism: Company becomes publicly traded. Shareholders invest in the company. The company aims to maximize profit. Growth eventually slows down because almost everyone who could use the company’s services already does. Shareholders expect returns on their investment. To increase revenue, the company must either raise prices for customers or reduce operating expenses.
It’s a little dance called capitalism: