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‘The cost of compute is far beyond the costs of the employee’: Nvidia executive says right now AI is more expensive than paying human workers

Recent layoffs in the technology sector might suggest that a significant shift from human labor to artificial intelligence is underway. For instance, Meta disclosed plans to reduce its workforce by 10%, equating to approximately 8,000 employees, and to halt recruitment for 6,000 open positions. This was framed as a move toward greater efficiency and to…

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‘The cost of compute is far beyond the costs of the employee’: Nvidia executive says right now AI is more expensive than paying human workers

Recent layoffs in the technology sector might suggest that a significant shift from human labor to artificial intelligence is underway. For instance, Meta disclosed plans to reduce its workforce by 10%, equating to approximately 8,000 employees, and to halt recruitment for 6,000 open positions. This was framed as a move toward greater efficiency and to…

Read More