posted in Technology

The Jerusalem Post | JPost.comAI bet goes awry: Oracle fires 21,000 employees | The Jerusalem PostOracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.

Replying to @⁨fizzle@quokk.au⁩

We’re still throwing out morality platitudes on tech workers as we’ve watched since COVID as the tech sector at all levels has bled jobs, senior staff looking for positions for 2-3 years in some cases.

It’s impossible out there. I have moral objections to the way my company operates too but if I quit now my family will lose everything. I mean thankfully I’m not exactly crushing orphans in the orphan crushing machine but in a sane market I would look for something a little more aligned with my personal ideals. However just like buying a stick of RAM for a reasonable price, it just ain’t happening right now.

Replying to @⁨fizzle@quokk.au⁩

You’re still part of the corporate machine if you work at Walmart or McDonald’s, they won’t pay you enough to feed your family and I doubt the job is satisfying.

Like you do realise it was standard operating procedure in the US tech scene to apply for at least 400-500 jobs BEFORE the layoff craze that’s lasted years now, right?

It’s different in my country but it took me 3 whole months to find a new job when unemployed which was pretty bad compared to my previous experience. A bit later it took my friend a YEAR to get a new job. Now their boss is saying every engineer should be providing at least 3x value to customers using AI and they have no option but to stay at this job because nobody is hiring.

Replying to @⁨fizzle@quokk.au⁩

Mate, I know people who are having trouble finding jobs at shops, let alone anything that pays enough for an adult with responsibilities to be able to afford to take it.

How many small businesses do you think are hiring these days?

You’re incredibly privileged if you think everyone can just afford to do whatever it is you do that you don’t benefit a single corporation. I assume you’re an artisan who crafts something out of materials you get from your own land or something.