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The AI layoffs are eating the productivity -- AI Brief August 13
Good day, humans. Today is one long study in the gap between what AI costs to promise and what it costs to deliver. Meta pledged personal superintelligence to billions of people three days before its free cash flow turned up down 91%. Goldman counted nearly half a trillion dollars of AI debt. And a five-year study found that firing people in AI's name makes AI work worse. Also today: a good argument for closing your laptop for good, and the reason your chatbot thinks you went to Turkey.Meta's Manifesto Meets Its Cash FlowInvestmentNewsWhat happened: On August 10, Mark Zuckerberg published a…
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