On Meta’s Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to reduce the size of our employee base in May. We believe a leaner operating model will allow us to move more quickly while also helping to offset the substantial investments we are ... Mark Zuckerberg Just Told 8,000 Employees Their Layoffs Are a Line Item in His $145 Billion AI Bill
AI is kind of different just because of the magnitudes of investments and loans at stake.
Yeah. I mean blockchain is sorta resource intensive but more distributed. Crypto is basically the same thing. AI requires gigawatts of power, is disrupting almost every tech based manufacturing, uses tons of natural resources. All to create terrible content, hallucinate completely made up answers, and automate things to destroy themselves. Great idea guys.
Do get me wrong, I’m not totally against AI. I think it can be a useful tool especially if sandboxed and run locally. But these giant data centers sucking up all the electricity and water are just no bueno.
It does feel like the moment when somebody pushes ask their chips forward and declares all-in.