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Cisco to lay off more than 4,000 employees to focus on artificial intelligence (nypost.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[–] ChocoboRocket@lemmy.world 63 points 9 months 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 25 points 9 months ago* (last edited 9 months 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

[–] umbrella@lemmy.ml 2 points 9 months ago

i hope they rightfully lose a lot of money over this