Tech Winter?

Artificial intelligence is an interesting department in tech and the term AI Winter refers to a period of reduced funding and interest in artificial intelligence research. This is not the current case with the big technology space today which makes me wonder the reason for the recent mass layoffs in major organizations. According to Investopedia, in 2022 the following tech companies reduced their workforce: Elon Musk said he will be reducing its staff by 50% or cutting a total of 3,700 jobs at Twitter, this was reportedly a week after the purchase was complete. Mark Zuckerberg informed employees that Meta would be letting go of approximately 13% of…

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