Business Insider Lays Off 21% of Staff, Citing 'Traffic Sensitivity'

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3 pointscebert2 comments

> Over 70% of Business Insider employees are already using its enterprise ChatGPT product regularly, according to the memo. The productivity gains being unlocked by the technology have spurred the publisher to reevaluate its labor needs, allowing it to operate more efficiently with fewer resources.

AI is becoming a common justification for layoffs. These next few years are going to be wild.

There is more Content than Eyeballs or Time to consume it all.

Look at HN - is everyone reading every link posted? So how much waste does such a system produce? The system doesn't not signal it. Nor does it signal if waste is increasing.

Cause if they did people would have a very different definition of Value.

Even without AI the Content/Attention Economy is a mirage.

When Supply greatly overshoots Demand you have to ask why is it happening? And how long can it sustain itself?

AI is just a side show. Cause Economies aren't detached from Demand.

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