this post was submitted on 01 Mar 2024
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So many companies cut their workforce as much as 10-15% citing that those jobs can be fully automated by the use of AI but I am still waiting to see any meaningful price cuts of their products from the said companies, etc.

Otherwise this will mean that they are doing this just to increase their profit margins and please their shareholders and don't care about their customers or workforce.

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[–] TheSpermWhale@lemmy.world 56 points 8 months ago (4 children)

Your first mistake was thinking large companies care about customers - you’re just an obstacle to your wallet

[–] glibg10b@lemmy.ml 9 points 8 months ago

Workers are just obstacles to their labour

[–] don@lemm.ee 9 points 8 months ago

The most amount of your money possible should spend the least amount of time possible in your bank account. In fact, you’re probably a terrorist if you don’t simply sign over your entire monthly income to BigCorp, you terrorist.

[–] XEAL@lemm.ee 6 points 8 months ago

Just like paying decent wages is just seen as a loss of money for them.

[–] Silentiea@lemm.ee 2 points 8 months ago

My father once tried to tell me that capitalism was fundamentally about making people happy. Because, see, the whole point is bringing to market a product that people want to give you their money for. That's the whole point, you see. The people wanting things. The money is just a by-product, you probably shouldn't pay too much attention to it. It's not like another word for money is "capital" or anything.

What a riot.