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THE FIXED COST

AI cartoon by Zimbo: A smiling robot banker in a pinstripe suit sits at a Barclays desk feeding pink slips labeled 'FIRED' and '5,000 JOBS' into a clear shredder while human workers carrying moving boxes file out a door marked '5,000 JOBS.'
Barclays is cutting 5,000 jobs this year, saying AI and technology will reduce its "fixed costs." The 5,000 were the fixed costs.Zimbo for AI News Page

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Zimbo draws money, power, artificial intelligence, and whatever else appears to be going terribly well.

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