Hacker News: autaut

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 17:26:29 +0000

I think it’s to their credit that they don’t have one and instead got cern. A bunch of shitty crud apps made by mediocre rent seekers that got rich on tax avoidance, gov money + research, and low interest rates vs actual ground breaking research that benefits humanity. Silicon Valley is probably the worst thing that happened to humanity between the 2008 crash and Covid. People have been figuring it out but not after they have already given these scammers permission to inspect their wallets.

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 14:25:44 +0000

ASML

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 14:25:26 +0000

A few companies get almost all investments. They start a lot of projects fast and close the ones that don’t work

If companies stuck to fewer projects, money would be invested in other companies focusing on specific products, you get a lot of companies and not the market concentration you got today (which is responsible according to few economists to a lot of the us labor market dysfunctions it is currently experiencing)

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 08:39:04 +0000

You are forgetting 20 years and billions of dollars developing, in collaboration with research institutes like IMEC and funding from chipmakers like Intel, Samsung, and TSMC.

But it doesn’t fit your ideological narrative of how innovation functions so…

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 08:34:58 +0000

>provide severance packages for those in the United States that include “16 weeks of base pay plus two weeks for every year of employment”

That is a standard package and no way a FIRE or at least extended funemployment if they have children or a mortgage.

But crazy level of sycophancy on your part

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 08:32:00 +0000

He is not putting the shares down himself. He is just subject to price fluctuations like everyone else — so how is he taking personal responsibility for it?

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 03:40:33 +0000

It would be better because it would create a more diverse work space where multiple employers complete for employees, instead of one company playing musical chairs with people

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 03:38:37 +0000

You have brain poisoning from reading too much slop online.

>But I doubt the low-growth, low-innovation world of Europe will make the next iPhone, AI, or chip. >chip

Do you realize that the cutting edge in chip technology is a Dutch company

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Fri, 24 Apr 2026 03:26:12 +0000

Is he going to pay the severances out of pocket? Is he going to personally help those employees get back on their feet? Is he going to make sure their families are ok? Is he stepping down?

What does it look like besides cheap talk from a cheap and clueless leader?

The guy is just another mediocrity who tripped into a huge pile of money and now it’s everyone’s problem while he acts as a giant baby.

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Thu, 23 Apr 2026 20:32:29 +0000

First of all if a company is profitable and has a number of employees and has no idea how to use them that’s a failure of leadership. The board should look for an executive team that knows how to use what it has.

Secondarily layoffs don’t happen the way you say: they are across the board and when you are talking of 10% of a company there is no real way of targeting the inefficient people. More than anything is fiscal engineering: you need x amount, you fire people and then you rehire 75% offering less equity and at lower levels imposing more work on the remaining employees

New comment by autaut in "Meta tells staff it will cut 10% of jobs"

autaut — Thu, 23 Apr 2026 20:12:38 +0000

He really didn’t tho. X was constantly breaking and falling apart in his hands, so he repackaged it in xAI where he got a bunch of money to hire a bunch of engineers to develop features and keep it running. It’s still not profitable. But people have no critical thinking skills so they haven’t noticed this

New comment by autaut in "OpenAI staff threaten to quit unless board resigns"

autaut — Mon, 20 Nov 2023 15:38:09 +0000

Years from now we will look back to today as the watershed moment when ai went from technology capable of empowering humanity, to being another chain forged by big investors to enslave us for the profits of very few ppl.

The investors (Microsoft and the Saudi’s) stepped in and gave a clear message: this technology has to be developed and used only in ways that will be profitable for them.

New comment by autaut in "OpenAI staff threaten to quit unless board resigns"

autaut — Mon, 20 Nov 2023 15:06:05 +0000

The investors (Microsoft and the Saudi’s) stepped in and gave a clear message: this technology has to be developed and used only in ways that will be profitable for them.

New comment by autaut in "Details emerge of surprise board coup that ousted CEO Sam Altman at OpenAI"

autaut — Sun, 19 Nov 2023 01:48:56 +0000

There is a difference between investing in a company who is developing ai software in a widely accessible way that improve everyone’s lives and a company that pursues software to put out of work entire sectors for the profit of a dozen of investors

New comment by autaut in "OpenAI board in discussions with Sam Altman to return as CEO"

autaut — Sat, 18 Nov 2023 23:19:16 +0000

I really don’t, I really think that he is going to be disaster. He is nothing but the representative of the money interests who are eventually will use the company to vastly profit on everyone’s else skin.

New comment by autaut in "OpenAI's board has fired Sam Altman"

autaut — Sat, 18 Nov 2023 19:18:19 +0000

He achieved because he manage to befriend a bunch of very rich people who are financing him to eventually take ownership of the technology

New comment by autaut in "OpenAI's board has fired Sam Altman"

autaut — Sat, 18 Nov 2023 05:43:27 +0000

Happy. I never heard him say anything even remotely interesting about ai. He seemed a glib opportunist just not dumb enough to know how to sell a product he didn’t understand who eventually would have alienated or pushed out all the smart people who made the company’s and his success.

New comment by autaut in "OpenAI's board has fired Sam Altman"

autaut — Sat, 18 Nov 2023 05:36:45 +0000

Man, these tech layoffs are getting out of hand

New comment by autaut in "Woman ‘dehumanised’ by viral TikTok filmed without her consent"

autaut — Thu, 14 Jul 2022 12:25:36 +0000

I don’t know if it’s news but she’s kinda right in calling it out for how fake and sinister these trends are and how these people profit from them

New comment by autaut in "Manhattan rents cross $5k threshold for first time"

autaut — Thu, 14 Jul 2022 12:20:29 +0000

Do you really think that rents in New York are because of cheap debt and not because a tiny island has been captured by billions and billions of corporate luxury development, while at the same time the supply of appartamenti is choked by there being more Airbnb places than places being rented.

Covid has been the greatest transfer of wealth upward in our lifetime, but sure it’s cheap personal debt.