‘The cost of compute is far beyond the costs of the employees’: Nvidia exec says right now AI is more expensive than paying human workers
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Nvidia’s vice president of applied deep learning, Bryan Catanzaro, recently stated that for his team, “the cost of compute is far beyond the costs of the employees,” highlighting that AI is currently more expensive than human workers. This challenges the narrative that widespread tech layoffs (including Meta’s planned cut of ~8,000 jobs and Microsoft’s voluntary buyouts) signal an imminent replacement of humans by AI. An MIT study from 2024 supports this, finding that AI automation is economi...
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