No hiring if an AI can do the job, staff at mining giant told
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Re: No hiring if an AI can do the job, staff at mining giant told
#2smh indeed
Re: No hiring if an AI can do the job, staff at mining giant told
#3Re: No hiring if an AI can do the job, staff at mining giant told
#4> $11.5B mining giant Mineral Resources
That made $154 million profit on $5.3 billion revenue in 2024. So about 1.1% (rounding up) return on capital.
While Fortescue (FMG), still not the largest Aussie mining outfit, made a profit of $5.6 billion on revenue of $18.2 billion in the same period, with assets of $30 billion, so about 19% (rounding up) return on capital.
But yeah, totally, MR is a mining "giant".
For some reason, I don't think emulating them would be a very good idea.
_Conflict of interest disclaimer:_ I did a consulting gig for FMG several years back, but have absolutely no dog in this fight aside from being sick to death of breathlessly naïve and exaggerated "reporting" any time some C-suiters do something stupid AF involving AI.