Mark Zuckerberg freezes AI hiring amid bubble fears

Post by boxed » Thu, Aug 21, 2025, 11:51 AM UTC

onlyrealcuzzo wrote: post #18

roxolotl wrote: post #2

Maybe this time investors will realize how incompetent these leaders are? How do you go from 250mil contracts to freezes in under a month?

I really don't understand this massive flip flopping. Do I have this timeline correct? * January, announce massive $65B AI spend * June, buy Scale AI for ~$15B, massive AI hiring spree, reportedly paying millions per year for low-level AI devs * July, announce some of the biggest data centers ever that will cost billions and use all of Ohio's water (hyperbolic) * Aug, freeze, it's a bubble! Someone please tell me I'v…

Post by paradite » Thu, Aug 21, 2025, 11:51 AM UTC

Macha wrote: post #16

shubik22 wrote: post #11

This seems to just be a rewrite of https://www.wsj.com/tech/ai/meta-ai-hiring-freeze-fda6b3c4 . Can we replace the link?

This link is not paywalled, unlike the WSJ link.

Post by onlyrealcuzzo » Thu, Aug 21, 2025, 11:51 AM UTC

nabla9 wrote: post #10

Quality over quantity. Apparently its better to pay $100 million for 10 people than $1 million for 1000 people.

Post by [deleted] » Thu, Aug 21, 2025, 11:53 AM UTC

Macha wrote: post #16

shubik22 wrote: post #11

This seems to just be a rewrite of https://www.wsj.com/tech/ai/meta-ai-hiring-freeze-fda6b3c4 . Can we replace the link?

This link is not paywalled, unlike the WSJ link.

Post by menaerus » Thu, Aug 21, 2025, 11:54 AM UTC

mgaunard wrote: post #12

as an outsider, what I find the most impressive is how long it took for people to realize this was a bubble. Has been for a few years now.