this post was submitted on 31 Mar 2026
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So is AI taking away jobs or not? I can't get a straight answer.
These jobs aren’t being lost due to efficiency increases from AI. They’re being lost because Oracle wants to build more AI Datacenters and can’t afford to. Banks stopped fronting them money to do so, so they’ve laid all these employees off the increase capital.
Spooky times
Is AI the reason jobs are being lost? yes
Is AI actually replacing what was produced by those jobs? no
Exactly. The cost of AI is quickly outpacing the productivity and even the functionality of its usage.
Companies are basically finding out that just because you have an Indy race car in the driveway doesn't mean it's an economical case for commuting to work and so the cat and dog will now be butchered so the family has something to eat.
Do you think the former will stay consistent and the latter will change to "yes"?