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Reply to "Potential 100 million jobs will be lost to AI according to senate report"
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[quote=Anonymous]It's a Bernie sponsored report. If you scroll through the jobs that will supposedly be lost, it includes several "blue collar" jobs (eg. truck drivers), waiters, teaching assistants. The solution is more government benefits (universal health care, 32 hour work week etc.). Many of the current job losses and retrenchments are largely because companies overhired in the pandemic. The last 10 years with zero lower bound interest rate regime, which meant that any investment however risky was preferable to stashing it under the mattress. That's gone now, resulting in layoffs. None of the current LLMs actually make any money. OpenAI is not promising any profits and the whole thing looks like a bubble (OpenAI invests in AMD, NVIDIA invests in OpenAI which buys their GPUs etc). Yes, there will be some disruption at the margins, but society and the workplace will adjust. This report is all hysteria.[/quote]
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