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AI cost crisis hits tech giants as employee 'tokenmaxxing' backfires, sparking corporate pullback at Microsoft, Meta, and Amazon — agentic AI eats up to 1000x more tokens than standard AI (www.tomshardware.com)
submitted 4 months ago by to c/fuck_ai@lemmy.world
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[–] 18 points 4 months ago (5 children)

I don't know if a lot of tech needs to hire back. Outside of AI, tech adoption is on the right side of the adoption S-curve and most development time right now is going to revenue generation.

And if you do need to hire back, you don't need to hire from HCOL areas. Make the position full remote and price the salary to a LCOL area. You don't need to pay a Bay Area wage any more.

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  • [–] 6 points 4 months ago* (2 children)

    I don't know if a lot of tech needs to hire back.

    I think many CEOs will see it that way. Better to underhire and ride their slop code base into further customer loss, data breaches, lawsuits and bankruptcy, than put up a weak quarter while something can still be done to save the business.

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  • [–] 3 points 4 months ago (1 child)

    Has any data breach ever significantly hurt a company financially?

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  • [–] 3 points 4 months ago*

    Hard to say, for sure, in each case. There's often plenty of factors that could have been key. Fuck-ups tend to fuck up in a variety of interesting ways.

    An obvious seeming one is Roomba's infamous leaked person-on-toilet picture. I didn't stop buying Roomba because I doubted their engineering. It was their (lack of a) Privacy team.

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