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Meta’s AI Bet Costs Thousands Jobs
Description
Meta just smashed quarterly revenue records with $56 billion—way above expectations—while simultaneously laying off 8,000 employees, or 10% of its workforce, mostly in California. CEO Mark Zuckerberg, personally worth over $228 billion, justified the cuts to fund a $145 billion AI push, turning former workers into unwitting trainers for the very AI meant to replace them. Leaked internal meetings reveal Meta is teaching its AI by watching employees’ computer usage, making their final contribution to the company one that accelerates their own obsolescence. As tech layoffs and soaring housing costs crush Californians, 64% of voters now support taxing billionaires to redistribute wealth back into communities.
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