business / news / / New York Magazine
Block (formerly Square) cut its workforce nearly in half, Oracle began laying off up to 30,000 people, Amazon announced yet another reduction in force.
Meta is deploying tracking software to monitor employee mouse movements, clicks, and keystrokes for AI training.
KEY POINTS
- Meta's new chief AI officer, Alexandr Wang, previously managed AI data labeling workforces at Scale AI.
- Meta is spending over $70 billion on AI development, alongside major layoffs and significant bond sales.
- Installing invasive tracking software at Meta would have been a scandal a few years ago but is now proceeding.
- Meta employees are now expected to help train AI systems that could potentially automate their own jobs.
COMPANIES
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