Paul Cantrell“I doubt these layoffs have anything to do with LLMs, in the same way that Google's and Microsoft's layoffs similarly had nothing to do with LLMs. All of these companies went on an insane hiring binge in 2022, and then in 2023 when the Fed turned off the free money tap, they predictably all went into cost-cutting mode.”
“The generative LLM part of the story almost feels like a sideshow.”
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