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Nvidia exec says AI is currently more expensive than human workers, despite Big Tech layoffs and massive AI investments

Big Tech has announced $740 billion in capex this year, but AI has yet to show evidence of widespread increased productivity.

Read the full article
Sasha Rogelberg2mo ago5 min readenNews

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Nvidia exec says AI compute costs currently exceed human worker wages, questioning economic case for replacement

Big Tech has announced $740 billion in capex this year, but AI has yet to show evidence of widespread increased productivity.

fortune.com·1mo ago

AI Deployment Costs Are Exceeding the Cost of the Human Labor It Replaced

The AI that replaced all the humans is becoming more expensive than the human labor it replaced. Here’s how you plan for it and prevent it.

joeprocopio.substack.com·5d ago

Tech CEOs Use Aggressive AI-Layoff Rhetoric to Signal Cost-Cutting to Investors

Tech bosses aren’t making gaffes—they’re signaling to investors that they’re eager to make cuts, and boost share prices, even if it hurts so

newrepublic.com·26d ago

Tech CEOs Use Aggressive AI-Layoff Rhetoric to Signal Cost-Cutting to Investors

Tech bosses aren’t making gaffes—they’re signaling to investors that they’re eager to make cuts, and boost share prices, even if it hurts so

newrepublic.com·26d ago

AI Isn’t Replacing Workers as Cheaply as Expected: Rising Costs Force Companies to Rethink Strategy

Businesses expected AI to cut labor costs, but soaring usage-based pricing and infrastructure expenses are making enterprise AI far more exp

Tech2Geek·4d ago

Microsoft cut its engineers off from AI because the bill got too big — why AI might not take your job after all

"AI replacing human workers is still a real long-term risk. But here’s the thing: The companies actually deploying it at scale are openly ad

finance.yahoo.com·1mo ago

Microsoft cut its engineers off from AI because the bill got too big — why AI might not take your job after all

"AI replacing human workers is still a real long-term risk. But here’s the thing: The companies actually deploying it at scale are openly ad

finance.yahoo.com·1mo ago

Sam Altman Reverses AI 'Jobs Apocalypse' Prediction as Adoption Costs Raise Questions

The OpenAI CEO reversed his own dire predictions about AI and employment, but layoffs keep coming.

time.com·1mo ago

Sam Altman Reverses AI 'Jobs Apocalypse' Prediction as Adoption Costs Raise Questions

The OpenAI CEO reversed his own dire predictions about AI and employment, but layoffs keep coming.

time.com·1mo ago

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