Layoffs due to AI? We ain't seen nothing yet!
https://seekingalpha.com/news/4653029-coreweave-collapses-after-gartner-predicts-80-percent-of-neoclouds-will-evaporate-by-2030
2 replies (most recent on top)
Same as Oracle.
Article summarized by this one statement: “However, our research indicates that enterprise and consumer AI revenue will be insufficient to support profitable returns on all planned AI capital expenditures during this period."