Microsoft to lay off thousands in July, but don't worry, AI's getting $80 billion
In context: There's been plenty of talk about machines displacing human workers in the AI Age, mainly focusing on direct replacements – computers taking over tasks like design and programming. Meanwhile, spending on AI infrastructure soars as investment in human skills steadily declines. Bloomberg reports that Microsoft is preparing to lay off thousands of workers next month, with most of the cuts expected to hit the company's sales and customer service divisions. It's a jarring move but not an