Nvidia VP Bryan Catanzaro has a message for every company cutting jobs for AI: You will not save money by layoffs for AI as the cost of …
Nvidia senior executive Bryan Catanzaro believes that companies that are betting on artificial intelligence (AI) to reduce workforce costs may not be on the ‘right path’. The vice president of applied deep learning at the US-based chip-making giant noted that AI is currently more expensive to run than employing people, and companies that are betting on it are misreading the technology’s economics.
In an interview with Axios, Catanzaro said, “For my team, the cost of compute is far beyond the costs of the employees,” pushing back against the growing assumption that layoffs tied to AI adoption will immediately improve company finances.
