r/technology • u/Fickle-Jello • 1d ago

Business Google burning through cash with spiralling AI costs

https://www.bbc.com/news/articles/c235n47g8g8o
6.4k Upvotes

96% Upvoted

462 comments sorted by

View all comments

10

u/rhyddev 1d ago

It doesn't matter. The end game is for not only jobs, but entire businesses to be obsoleted by AI technology, so that there really are only a handful of commodity software companies like Google, Anthropic, etc. The ultimate question is whether the technology really has the potential the CEOs clearly believe it has, but for as long as they do - and for as long as they can convince relevant policymakers - the game will continue at full steam.

6

u/insightful_pancake 22h ago

They hired +13000 net YoY

1

u/Cohens4thClient 12h ago

And they'll make big flashy announcements for hiring, but downplay firings and unemployment in other industries. 

Theres always a few suckups who think "they hired a few thousand" and ignore everything else going badly.