this post was submitted on 17 Oct 2023
365 points (98.4% liked)

Technology

59446 readers
3485 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
365
After ChatGPT disruption, Stack Overflow lays off 28 percent of staff (arstechnica.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
58 comments fedilink hide all child comments
 

After ChatGPT disruption, Stack Overflow lays off 28 percent of staff::The popular developer forum is still hunting for a "path to profitability."

you are viewing a single comment's thread
view the rest of the comments
[โ€“] somethingsnappy@lemmy.world 17 points 1 year ago (1 children)

The rich have way too much cash and desperately want another recession so they can buy cheap assets. Consumers, the overall job market etc. Are trending the other way and messing up the cycle of boom/bust. In this particular instance, I am fine with the layoffs... as long as they keep paying the people they laid off. Paying people whose jobs are automated should have started at least as early as the industrial revolution.

[โ€“] Cryophilia@lemmy.world 10 points 1 year ago

The rich have way too much cash and desperately want another recession

Exactly. We've been hearing "there's a recession coming, any minute now!" for YEARS, and yet every jobs report shows the economy is doing gangbusters.