The Great Freeze “job creation is pretty close to zero.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:The idea that AI will lead to a plethora of new jobs is laughable. Knowledge based white collar work is on its way out. The most common jobs for the next generation will be soldier and sex worker.

It is definitely possible. The average American works in some way from the moment they get up until they go to bed. There is a lot of room for improved efficiency.

Improving efficiency can allow us to spend the time on other things. This is what happened when the computer went mainstream. What someone used to be able to accomplish in DAYS became possibly in hours due to internet communications. Many of the jobs out there today are possible because of the internet.

You simply don’t know that AI won’t create more jobs or create new industries.

The problem is with how long that can take. Those new industries aren’t popping up overnight, and job loss is very much a “right now” problem. New industries in the future isn’t helping the unemployed pay their bills today.

[Anonymous]

Anonymous wrote:I have my eyes on getting our two properties paid off because I want to know that my kids (one college, one HS) will have a place to live that they own free and clear when I'm gone and they can't find work.

I prefer that my kids have investments that pay their yearly income forever instead of paid off house. Replace the income and then perhaps start paying mortgage from it.
By 30, my kid will have enough in investments not to work and knowledge how we got that far.
Had I bought my landlord's place, I'd be house poor and still working full time.
There's so much work out there. My 18-year old works doubles. He was hire without any experience. I'm unable to retire, because we can't find workers.

[Anonymous]

I don't think AI is replacing *that* many people.

https://www.nbcnews.com/business/business-news/tens-thousands-layoffs-are-blamed-ai-are-companies-actually-getting-rcna240221

[Anonymous]

Anonymous wrote:The resources (power and water) necessary for AI will be its undoing. I guess Trump envisions himself Immortan Joe. Witness me!

No one cares about that. AI's downfall, unsurprisingly, will be because the MAGA base views increasingly intelligent AI as "demon summoning" especially when it's used to put dead actors back in movies. They call it transhumanism.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have my eyes on getting our two properties paid off because I want to know that my kids (one college, one HS) will have a place to live that they own free and clear when I'm gone and they can't find work.

I prefer that my kids have investments that pay their yearly income forever instead of paid off house. Replace the income and then perhaps start paying mortgage from it.
By 30, my kid will have enough in investments not to work and knowledge how we got that far.
Had I bought my landlord's place, I'd be house poor and still working full time.
There's so much work out there. My 18-year old works doubles. He was hire without any experience. I'm unable to retire, because we can't find workers.

[Anonymous]

Anonymous wrote:I have my eyes on getting our two properties paid off because I want to know that my kids (one college, one HS) will have a place to live that they own free and clear when I'm gone and they can't find work.

You never own land, you just rent it from the state.

You will need money for property tax, etc. in theory they could rent out rooms and live there so it’s not a bad plan but hardly panacea. We aren’t homesteaders with a shotgun and a plot claim.

Will land plummet in value as fewer people have land, or will tech oligarchs desire to feudalism seems hip and buy all the land?

[Anonymous]

I have been job hunting and for the first time noticed openings for PhD's in STEM fields to train AI.

[Anonymous]

lol. PhD in STEM working for a group like Mercor is a contractor with an hourly salary and at will employment. You might make around 100k a year but it’s not a career. It’s gig work until they don’t need you anymore. Weird hours, sprints and surges. I have heard it described as DoorDash for PhD”s. But when they off board you they send you a t shirt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The idea that AI will lead to a plethora of new jobs is laughable. Knowledge based white collar work is on its way out. The most common jobs for the next generation will be soldier and sex worker.

Good lord!

Don’t be shocked. Hegseth posted that.

[Anonymous]

Anonymous wrote:lol. PhD in STEM working for a group like Mercor is a contractor with an hourly salary and at will employment. You might make around 100k a year but it’s not a career. It’s gig work until they don’t need you anymore. Weird hours, sprints and surges. I have heard it described as DoorDash for PhD”s. But when they off board you they send you a t shirt.

And they will probably pay you with amzn gift cards. It is crazy.

[Anonymous]

AI isn't killing jobs. The recession is killing jobs.

Computers were far more transformative than AI. They didn't cause employment collapse.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The resources (power and water) necessary for AI will be its undoing. I guess Trump envisions himself Immortan Joe. Witness me!

No one cares about that. AI's downfall, unsurprisingly, will be because the MAGA base views increasingly intelligent AI as "demon summoning" especially when it's used to put dead actors back in movies. They call it transhumanism.

No one cares what they think. They think what their masters tell them to think.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The idea that AI will lead to a plethora of new jobs is laughable. Knowledge based white collar work is on its way out. The most common jobs for the next generation will be soldier and sex worker.

It is definitely possible. The average American works in some way from the moment they get up until they go to bed. There is a lot of room for improved efficiency.

Improving efficiency can allow us to spend the time on other things. This is what happened when the computer went mainstream. What someone used to be able to accomplish in DAYS became possibly in hours due to internet communications. Many of the jobs out there today are possible because of the internet.

You simply don’t know that AI won’t create more jobs or create new industries.

The problem is with how long that can take. Those new industries aren’t popping up overnight, and job loss is very much a “right now” problem. New industries in the future isn’t helping the unemployed pay their bills today.

It's not "new industries". It's "when the cost of something goes down, more people can afford to buy it, so demand goes up and supply grows to meet it.

[Anonymous]

Please name three things that have gotten cheaper since the advent of AI. Lots of AI in educational administration these days but college isn’t cheaper. Lots of ai in healthcare but that sure isn’t cheaper. I’ll wait.

[Anonymous]

If there are no humans left, there is no need for employment.