🤓
Tech stocks tanked Tuesday,
lol… k… still up 0.5% over 1 month, 18% over the past year, and 87% over 5 years.
when it goes down 15-40% lmk.
i think it’s fair to say that though when this random normie author (likely an AI bot) is writing about an AI bubble it means it is real and here though.
100%. Meta did the same thing with VR back in like 2021 iirc. they’ll hire everyone in sight so competitors can’t hire them. and then those workers will just sit on their hands playing candy crush all day doing zero work.
random link i found about it https://nypost.com/2023/04/07/workers-at-meta-salesforce-say-they-got-paid-to-do-nothing/
Former employees of tech giants including Meta and Salesforce say they were hired to sit around and essentially do nothing as companies embark on a course-correction and lay off extraneous workers during the current economic downturn.
Levy added: “It kind of seemed that Meta was hiring people so that other companies couldn’t have us.”
Grok is pissed it got banned that one time