AI will be a lot less profitable than previous tech waves

Tech Insider
A human dances in booth at a generative AI art exhibition
A human dances in booth at a generative AI art exhibition

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Meta spent billions to close offices and lay people off. Now we know why.

Tech Insider
Mark Zuckerberg is smiling.
Mark Zuckerberg is smiling: Meta's profit margins are much improved — and that's partly because of a shrinking head count.

Josh Edelson/AFP/Getty Images ; Isabel Fernandez-Pujol/ BI

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