Morning Brew Daily Meta Trims its Workforce for AI? & Trump Stamps 25% Tariffs on Steel
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Feb 11, 2025 Meta is making strategic workforce cuts as it pivots towards AI, highlighting a trend of efficiency in Silicon Valley. President Trump's tariffs on steel may impact international relations with several countries. An interesting new trend is emerging as fitness enthusiasts are opting to wear Apple Watches on their ankles for better tracking. The discussion also touches on the potential abolishment of the penny and an amusing incident about a musician facing permit issues in Bangalore. Additionally, the Super Bowl records viewership thanks to celebrity charm.
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Meta Layoffs and AI
- Meta laid off 5% of its workforce, despite record profits and stock gains.
- This is part of a "Year of Efficiency" and a shift towards AI.
AI Replacing Coders
- AI agents are reaching the level of mid-level coders, according to Mark Zuckerberg.
- Companies are cutting roles to hire for AI-related positions.
Steel and Aluminum Tariffs
- President Trump announced 25% tariffs on steel and aluminum imports.
- This aims to boost American production but may disrupt trade with allies like Canada and Mexico.