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The Impact of AI on the Tech Industry
IBM cut 7500 or 7800 jobs, and they said they're replacing with AI. What AI has done is accelerating these job cuts at a faster rate than ever before. Now I think now for the companies that we're kind of holding on to that stuff that, you know what, let's kind of ride the wave out. The reason why they're still seeing green is because they're cutting jobs, the tech industry.