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AI Triggers MASS LAYOFFS: META, NIKE Announce New Cuts

Tech

Krystal, Ryan, Emily, and Griffin discuss AI triggering mass layoffs. Sign up for a PREMIUM Breaking Points subscriptions for full early access to uncut shows and LIVE AMAs with the hosts every week: https://breakingpoints.locals.com/support Merch Store: https://shop.breakingpoints.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Facebook: https://www.facebook.com/people/Breaking-Points/61575893472315/ #news #politics #youtube

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M
meghana_bobal 1 month, 2 weeks ago

"...a system designed for looting, and AI is their vehicle" You nailed it!

M
martin_hayes 1 month, 3 weeks ago

It's not AI at all, AI isn't doing all this work, it's them using AI as an excuse to not look bad for doing poorly and having their valuation drop from the cuts

F
frédérique_weiss 1 month, 3 weeks ago

“How can we spin these layoffs into a positive?” “Pretend it’s related to AI”

T
tristan.miller 1 month, 3 weeks ago

Amazing cutting 60k corporate jobs is financially and socially insane.

L
leon_rogers 1 month, 3 weeks ago

Why isn't the mainstream media covering this? I haven't heard anything about this on the news at all.

R
robertvaleon36 1 month, 3 weeks ago

The terrifying part would be that the stockmarket going up would possibly not be a bubble. As in it would accuratly portray growing resources and labour, just without the participation of the workers

R
ross.craig 1 month, 3 weeks ago

Where the hell is the Ann Coulter interview

A
angela_rodriguez 1 month, 3 weeks ago

Most people don’t anticipate the social impact of economic pressure at the individual level. Expect job loss, debt, foreclosure, and mental illness to expand the criminal population increasing your odds of encountering violence and crime. A book called Dealing with Burglary and Home Invasion Robbery may preserve your safety and wealth.

D
dalton_gentry 1 month, 3 weeks ago

These tech companies and cutting headcount, dumping more work on those that are left, and using that freed up cash flow for data centers. So gross.

virginiedelta14
virginiedelta14 1 month, 3 weeks ago

What's the point of all these "news" outlets like Breaking Points if there isn't any actual journalism going on behind the stories. They are literally taking Press releases from companies at face value and calling that a story. Is anyone checking the validity of these claims? My guess is no.

N
nadiaaether4 1 month, 3 weeks ago

Thank god we all have an abundance of ways to bet on things so that we can further throw away money.

J
joanne.rose 1 month, 3 weeks ago

And yet the Bureau of Labor Stats claims jobs increased last month. The brazen lies are simply astounding. We live in a sad Trump-Epstein reality. And it has to stop now.

W
wandamyst1 1 month, 3 weeks ago

That moment when "Work smarter, not harder" suddenly feels like a slap in the face...😖👋🏻

M
martin_hayes 1 month, 3 weeks ago

Studies keep showing Al can't really take over jobs. Some companies fired their engineers, blamed AI, then realized it couldn't do the work and ended up rehiring them

melanie.campbell
melanie.campbell 1 month, 3 weeks ago

The more workers Amazon lays off the more customers they lose.

ekani_goswami
ekani_goswami 1 month, 3 weeks ago

We should not be surprised when we hand over the keys to the BMW to a 15 year old hormonal teen and the car ends up in the tree.

H
hans-hinrichhendriks264 1 month, 3 weeks ago

When we are all displaced by AI or robots and nobody has any income, who, exactly will be the customers for these corporations?

L
lucieadam19 1 month, 3 weeks ago

“The stock dropped to zero and the computer did that auto-layoff thing to everybody!!!1”

L
lisaswift313 1 month, 3 weeks ago

Homer Simpson backing into the bushes was exactly the thing I was thinking of just before Emily said it. These are my people.

revadawn74
revadawn74 1 month, 3 weeks ago

Artificial intelligence in the stock market, and real stupidity in government. What could go wrong? Everybody wins.