Bruno Ferreira is a contributing writer for Tom's Hardware. He has decades of experience with PC hardware and assorted sundries, alongside a career as a developer. He's obsessed with detail and has a tendency to ramble on the topics he loves. When not doing that, he's usually playing games, or at live music shows and festivals. ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-23/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Bruno Ferreira Social Links Navigation Contributor Bruno Ferreira is a contributing writer for Tom's Hardware. He has decades of experience with PC hardware and assorted sundries, alongside a career as a developer. He's obsessed with detail and has a tendency to ramble on the topics he loves. When not doing that, he's usually playing games, or at live music shows and festivals.
hotaru251 society is going to really be testing the future of when theres no jobs yet people need money. (a known thing for a long time now) There arent enough jobs for people who need em and once that hits a certain point either Gov is required to give money to people freely or the people end up doing bad deeds as they have no other choice to survive. Reply
Findecanor Wait … Cloudflare is AI-downsizing their own workforce at the same time as they are supposedly protecting client web sites from being visited by AI scrapers. And here I had been hoping that Cloudflare was one of the good guys because of the latter. Tonight, I had been searching the web for a hosting site to use: one with countermeasures against AI-scrapers. I had been especially looking for sites behind Cloudflare. I think I should instead develop and deploy my own countermeasures then. Reply
chaos215bar2 Findecanor said: I think I should instead develop and deploy my own countermeasures then. 😂 Reply
Arkitekt78 That should be the new standard. When you cut some percentage of jobs for something like AI, your stock must drop by at least the same percentage. Reply
ThatMouse I'd like to hear what exact job function they replaced and with what type of AI. Probably level one customer support with chat bots. Or they are lying. Reply
JeffreyP55 ThatMouse said: I'd like to hear what exact job function they replaced and with what type of AI. Probably level one customer support with chat bots. Or they are lying. The company said AI-driven internal systems are now capable of handling substantial portions of workflows previously requiring larger human teams, particularly in operational efficiency, software deployment, and support functions. Reply
Jame5 Honestly to me that explains the drop in stock price. When something is mission critical, maybe don't remove the human oversight? I know that's not the reason here, but it feels like it should be. Everyone is all for AI doing everything, until it risks screwing up things they rely on (I.e. the availability of things shielded and hosted by cloudflare.) Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/big-tech/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/big-tech/cloudflare-cuts-20-percent-of-its-jobs-due-to-ai-and-its-stock-takes-a-19-percent-spill-1-100-jobs-disappearing-as-company-increased-usage-of-ai-sixfold-over-past-months#main
- https://www.tomshardware.com/subscription
- [Daily Due Diligence] NVDA NVDA
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Informational only. No financial advice. Do your own research.