Chegg is laying off half its workforce because they can't sell what ChatGPT gives away for free. |
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wheee
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Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon. |
All of ed tech is crap, but this is less than 400 jobs. |
Then take your money off the table. |
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI. Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap. |
DP to add, case in point: https://www.nytimes.com/2025/10/21/technology/inside-amazons-plans-to-replace-workers-with-robots.html?unlocked_article_code=1.w08.1Sua.itraldCA5GRi&smid=url-share Amazon Plans to Replace More Than Half a Million Jobs With Robots "Amazon’s U.S. work force has more than tripled since 2018 to almost 1.2 million. But Amazon’s automation team expects the company can avoid hiring more than 160,000 people in the United States it would otherwise need by 2027. That would save about 30 cents on each item that Amazon picks, packs and delivers to customers. Executives told Amazon’s board last year that they hoped robotic automation would allow the company to continue to avoid adding to its U.S. work force in the coming years, even though they expect to sell twice as many products by 2033. That would translate to more than 600,000 people whom Amazon didn’t need to hire." |
To sum it up, Amazon is excited to use AI to produce cost savings on products when ironically, fewer people will even be able to purchase of them thanks to job loss. |
Well then you are in good shape. You shouldn't be investing in an over-inflated market. Try reducing debt instead. |
That's some cute math. Where's my drone delivery??? |
Brain dead response |
It’s the only positive thing left for MAGA to point to. |
The consumer economy is largely driven by top earners. Lower earners do not matter in the overall economy. |
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The Dow is hovering around 48,000!
When does it hit 50,000? |
LOL, pathetic. Bet about a year ago you were yapping about how the little guy does not care about the market when groceries are expensive. |