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Reply to "Why are some people here downplaying AI's potential impact on job market?"
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[quote=Anonymous][quote=Anonymous]It's human nature. First people will say it won't affect. Second if affect them they will downplay it. I graduated with a CS degree in 2002, a long time ago. I don't wrote any code for work these days but I do some freelancing writing code when I am not very busy. I'll say this. Its much easier to write code today because we have automated toll that can actually write software than make semantic sense. AI was always around writing automating code with correct syntax but incorrect semantic. The semantic part has vastly improved. Will this lead to mass layoffs? I honestly don't know. What I do know though is that Wall Street will always seek to minimize cost and maximize profit. Having said we can't discount the potential disruption of AI. Reinforcement learning was always waiting for chips to catch to its potential and they have. The issue is that we tend to compare every new technology with last technology and say things like at one point in time we had lunch card and now we shall survive etc. it's a bit different now if you look at the trend of jobs in the white collar sector in particular over the past decade. You can look at it on many different ways and draw your own conclusions. I will simply conclude by saying that depending on your industry you will certainly face steeper completion. The question then becomes where do you pivot? [/quote] I too, am an old-school programmer, worked with assembly and remember having to worry about pointers and memory management! Now it’s all magical trash collection automatically. My point was more that they’ll be new innovations that these empowering tools allow, it won’t just be the elimination of jobs, but also the creation of a different kind of work. Maybe we can also move to a 30 hour work week, and there’s supposed to be a demographic crunch where there are less workers which represents a certain problem, but also may dovetail with the productivity from AI[/quote]
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