They probably just don’t need them anymore. Obviously they are confident that their AI workers are doing a good enough job, and my feeling is that they aren’t planning on creating any groundbreaking new software anytime soon that requires the same number of human engineers to do the work. I think it’s potentially a canary in the coal mine type of warning for the rest of the industry. If a company like Meta doesn’t think it needs the headcount, then other big companies will likely soon follow.
I'm in an online course right now (teachers college) that requires weekly discussions. I feel like every discussion is just AI responding to AI. As a student I think it's lame, I'm sure the profs do too. I'm not totally against AI usage as it is incredibly helpful with spelling and grammar, what I hate is reading meaningless, vague and uninteresting discussion posts week after week. There is nothing personal or interesting about anything anyone posts because its all done by AI.
What do you mean it costs too much to start businesses here? I’ve founded 3 start ups and have not had any issues with things costing too much. Not a single one of those startups needed much to get going and there was no red tape or mysterious taxes that got in the way.
The other side of it - why can't parents set up screen time and app limits, especially during school hours? No kid needs access to clash royale or snapchat during the school day. The phone should be locked down to "essentials" like the calculator, etc.