this post was submitted on 28 Sep 2024
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Microsoft are bullet proof. Their share price will take a big hit, and an exec or two will take a golden parachute, but they'll bounce back very quickly. The bigger problem is that along the way they'll balance the capex with multiple rounds of cutbacks and layoffs in other departments, and that's before they're finally forced to layoff everyone actually connected to this AI nonsense (who isn't a senior manager or c-suite; they'll all be fine).