I love how some apparently think that AI will be open source, a free resource to exploit and use to replace - at no meaningful cost - actual employees who are paid to think.
Good luck, AI investors. Hopefully the AI will help you determine when to sell! |
AI robots. ![]() |
Even if OP is right, what would you expect a president to do about this? |
Lol no. AI is not sophisticated enough yet. I work with AI and only people who have zero understanding of AI think it is going to replace workers beyond entry level coders. Businesses might try to get by with only AI but I doubt it. |
The jobs where errors don’t matter or it’s fine to accept 20% error bars are cooked. So marketing yes, accounting not so fast. |
AI can only code well or design well when prompted and guided to do so by someone who has skills and a clue. Essentially it is a time saver for already-skilled people. Trying to assume AI can completely replace skilled and experienced workers is going to be a massive failure for any company or agency that attempts to do so. |
Yes, the Klarna failure is an example. https://www.customerexperiencedive.com/news/klarna-reinvests-human-talent-customer-service-AI-chatbot/747586/ |
Sorry OP, you’re celebrating job loss to AI way too early. I give it a decade before this becomes reality. They need more data to train models on. The free internet isn’t going to cut it. |
I work in marketing and my company replaced a team of 30+ with a team of 5-6 working with a machine learning model. First, the original team was bloated. Second, they *also* added a dozen developers to build the technology, plus a handful of product managers, QA, etc etc. This system is built around personalization and no human could personalize our product to this degree without ML. But! each time we do a head-to-head test, the human still wins.
Machine learning and artificial intelligence is way overhyped. It’s still only marginally cheaper than humans and its output is not as good. All AI will ever be able to do is guess and that’s why it “hallucinates” in LLMs. I really hope that with what’s happened with Elon, more people will start to see through the snake oil salesmen of AI. |
Remember when Amazon launched “just walk out” technology in their stores? They made everyone believe that this was the start of a new era and their stores could really thrive with just a fraction of the employees a traditional store had. Then when they announced the experiment failed, we found out that it wasn’t AI at all, but thousands of people in India tasked with watching what was going into the carts.
Also related: Elon’s humanoid robots being actual people in robot costumes. They’re all lying and hoping their products can catch up in time. |
I believe this more than AI actually doing someone's job. Companies are laying off right now because Musk demonstrated you can fire hundreds of thousands of people with zero consequences and then hire a fraction back at far less pay and no benefits. |
DP. Yes! This in a nutshell. Also exactly what will happen with Amazon. |
Didn't Microsoft just lay off thousands before hiring thousands more H-1Bs. Methinks this article is omitting key data. https://www.newsweek.com/microsoft-layoffs-h1b-visa-applications-2094370 AI may be playing a role, but the Microsoft CEO is acting in a predictable manner if you pay enough attention. |
If you want to use Tesla and X as business examples of this tactic, the return for investors is not great. |
You put them in fields or shanty towns or detention centers. |