Thread: BuzzFeed To Replace Its Laid Of Workforce With ChatGPT Artificial Intelligence

BuzzFeed To Replace Its Laid Of Workforce With ChatGPT Artificial Intelligence

Bo Banks | Jan 30, 2023



A lot of woke outlets have started announcing layoffs, with one example being BuzzFeed back in December.
The proudly progressive company, mostly known for its quizzes and random lists, joined other tech and “journalism” outlets facing massive financial issues due to the economy late last year.

As The Daily Caller reported: “BuzzFeed announced another round of layoffs as share prices reach all-time lows.”
“BuzzFeed announced it would be laying off approximately 12% of its workforce,” it added.

Now, it appears BuzzFeed is going to replace those laid off workers with ChatGPT artificial intelligence to avoid going broke.
From CBS News:

In a memo distributed to BuzzFeed staff on Thursday and obtained by CBS MoneyWatch, CEO Jonah Peretti said AI will play an increasingly large role in the company’s operations. Specifically, it plans to use the technology to move beyond curation to help create personality quizzes that ask users questions and generate text write-ups based on their responses.
“To be clear, we see the breakthroughs in AI opening up a new era of creativity that will allow humans to harness creativity in new ways with endless opportunities and applications for good,” CEO Peretti said.

Notice Peretti’s use of the phrase “for good.”
So while BuzzFeed shows no signs of slowing down its daily content of woke garbage and progressive nonsense, the public can rest assured that it will be receiving much of the same – just from computers now.
This is what the company had to say initially about its layoffs back in December:
“The reduction in workforce plan is intended to reduce the Company’s costs in response to a combination of factors, including (i) challenging macroeconomic conditions; (ii) completing the integration of Complex Media … and eliminating redundancies where they exist in both functions and teams and (iii) an ongoing audience shift to short-form, vertical video, which is still developing from a monetization standpoint.”

BuzzFeed said it expects to complete the layoffs by the end of the first quarter in 2023.
CEO Jonah Peretti said in a letter to employees that the company’s “revenues are being impacted by a combination of worsening macroeconomic conditions, and the ongoing audience shift to vertical video.”

Other big tech platforms that have announced layoffs include Google and Twitter, amongst plenty of others.
As many have argued in the case of Twitter since its layoffs, the platform has been working even better under Elon Musk’s leadership.


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Big League Politics

Perhaps BuzzFeed and its shift to ChatGPT will have a similar effect.
BuzzFeed To Replace Its Laid Of Workforce With ChatGPT Artificial Intelligence - Big League Politics

PAYPAL ANNOUNCES JOB CUTS

‘Woke’ PayPal Announces Massive Job Cuts as Elon Musk Vows to Compete With Them

By Collin RuggJanuary 31, 2023

PayPal went “woke” and now they’re going broke.
On Tuesday, the payment processor announced that they were laying off 7% of their workforce or about 2,000 employees.
Dan Schulman, President and CEO, stated in a press release that PayPal is tackling the difficult economic conditions. He reported that the firm has made progress by directing its efforts on key priorities and streamlining expenses, however, there is still further effort required.

“Change can be difficult – particularly when it includes valued colleagues and friends departing,” Schulman said while referring to the layoffs. “We will face this head-on together, drawing on the unparalleled scale of our global platform, the strategic investments we have made to strengthen our core capabilities, and the trust and loyalty of our customers.”
The news from PayPal comes as Twitter CEO Elon Musk plans to take-on the payment processor head on.

Back in October, Musk purchased Twitter for $44 billion and made it clear from day one that he had high ambitions.
As Elon Musk strives to revive Twitter, the company has taken action by submitting applications for regulatory licenses in various parts of the US and developing the necessary software to incorporate payments within the social media platform.
This would directly compete with PayPal who has been slammed by Conservatives for their ‘woke’ practices including banning and suspending payments from people who they don’t agree with.
Check out what the Financial Times reported:

Esther Crawford, a fast-rising lieutenant to Musk inside Twitter, has started to map out the architecture needed to facilitate payments on the platform with a small team, according to two people familiar with the company’s plans.
The nascent moves to allow payments through the site are a critical part of Musk’s plan to open up fresh revenue streams. Twitter’s $5bn-a-year advertising business has cratered since he bought the platform for $44bn in October, with marketers citing concerns over its management and moderation.

Musk has previously said he wants Twitter to offer fintech services such as peer-to-peer transactions, savings accounts and debit cards, as part of a masterplan to launch an “everything app” that incorporates messaging, payments and commerce. In 1999, Musk co-founded X.com, one of the first online banks, which later became part of payments giant PayPal.
…
Twitter is also pushing forward with the regulatory checks needed before launching a payment service. In November, Twitter registered with the US Treasury as a payments processor, according to a regulatory filing. It had now also begun to apply for some of the state licences it would need in order to launch, these people said.

Shortly after he acquired the tech company, Musk hinted that a payment processor would be coming soon.
“The man who reinvented the payment system back in 1999 is all set to do it again,” tweeted ‘DogeDesigner’ on Twitter.

Musk responded to the tweet, agreeing that he would be reinventing the payment system again.
“It’s gonna be great,” Musk said.




DogeDesigner
·
Dec 13, 2022

@cb_doge·
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The man who reinvented the payment system back in 1999 is all set to do it again. @elonmusk






Elon Musk
@elonmusk
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It’s gonna be great

3:36 PM · Dec 13, 2022




Chuck Callesto
@ChuckCallesto
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BREAKING REPORT: Rumors now swirling that Elon Musk is working on a TWITTER PAYMENT PROCESSING SYSTEM set to compete with PayPal...Would you DUMP PAYPAL if a 'TWITTER PAY' format became available?
4:15 PM · Dec 13, 2022


'Woke' PayPal Announces Massive Job Cuts as Elon Musk Vows to Compete With Them (trendingpoliticsnews.com)