This is a most excellent place for technology news and articles.
AI expected to create efficiencies
Couldn't help but chuckle at that bullet point. We should know by now that AI creates lots of cognitive debt and unstable, vibe-coded software, as well as making people stupid. But one thing it absolutely doesn't seem to do is make things more efficient long term.
See we replaced people with costs to run virtual people that would make oracle blush. Are the virtual people any good? Goodness no.
Oh, but they provide hallucinations and bug-ridden, incomprehensible code faster than anyone! That's progress, right? Right?
Through great effort we have molded this once analog curiosity into a digital ouroboros... to very nearly duplicate Kyle from accounting!
... Admittedly this would be the Kyle following the unfortunate kick to the head from that clydesdale.
Nevermind that! We've gone ahead and laid off the rest off accounting and now Kyle² is wielding immesurable power to... Oh. Oh dear.
The problem here is “expected.” Maybe they’re right and AI will do what they say…well, show us the receipts first then before you ruin thousands of people’s lives?
Layoffs aren't caused by AI efficiency. It's the reverse. Layoffs and other aggressive cost-cutting cause CEOs to blather about future AI efficiencies.
Efficiency is how CEOs justify being still able to run (no, GROW) their companies with 40% less people. Besides AI, there are the dear old "you have to work harder" efficiency (see: 996 culture or Uber ) and the organizational efficiency where they are all "removing managerial layers to enable quicker execution" (see Amazon for instance).
See how these things became all fashionable again at the same time with tech company CEOs? It's because they are just excuses and hopes, at this point. And AI is the least bad-sounding of them, because it smells like progress, magic and automation (while even the most rabid of investors will recognize that working employees to death doesn't scale beyond the limited numbers of hours there are in a day).
The layoffs could be as high as 20% of the company!
We can't keep rewarding Big Tech for choosing AI over people.
We need to make the switch to support smaller & better businesses - reminder about purchasewithpurpose.io to help you get started.
Also we shout stop to buy us tech producs completly.
Agreed! There are lots of excellent EU-based alternatives.
EU is going down the same path. The "EU alternative" stuff is just bogus. It's just a matter of time before EU starts doing the same.
Chat Control comes to mind.
Us tech is on a completely different level evil wise. Maybe it gets worse but in the moment EU tech is much less evil. Just listen to what the openai ceo says in interviews.
EU is going down the same path. The “EU alternative” stuff is just bogus. It’s just a matter of time before EU starts doing the same.
It's not bogus if you are yourself European or if the alternative is Big Tech. But I feel you. There are lots of shitty European companies that are not that much better. I avoided the switch to Spotify because even though they are "European" they gave a lot of money to Joe Rogan and to Trump on his inauguration.
Also, the EU did recently reject the chat control proposal so at least that's something...
Honest question: which euro alternatives do you recommend for mail, cloud?
Proton mail is swiss and is great. If by cloud you mean cloud storage it also has proton drive; if you mean aws, I don't know though.
I use infomaniak
I want to do that if there is a deal in which part of what I spend is reinvested in hiring workers at humane rates.
Or, even better, in sharing ownership with the workers.
The "bodega romanticism" is something I see as a huge societal issue, also because I can imagine a lot of "bodegas" actually dreaming to achieve the same kind of success of Big Tech.
I don't think AI is to blame. They just don't need those people. I heard big tech hired a lot of people to steal them from smaller businesses, so they could not compete with them. If those employees had been useful to them, they wouldn't fire them.
I feel like we’re watching billionaires race yachts. One person bought a yacht so then they all had to have a yacht and now they’re racing them against one another because for some fucked up reason that competition really gets them off.
Only it’s AI/data centers instead of yachts.
The all need to race yachts because there is only space for one yacht on paradise island.
You mean Epstein island?
Yet people STILL use Meta. Friends and family say switching is too hard. They are comfortable with this shit.
Inertia is one of the primary negative forces that moves humanity.
Keeps humanity moving in the same direction.
😉
It's always the network effect.
They're throwing away the one asset that could dig them out of this hole, if only they'd admit they fucked up royally.
This bubble won't burst, it will explode.
Any ideas for how we can hasten the end? I sure would like to stop them before they build more data centers.
Running out of cash for the AI runway are we?
This is the underlying message of all this Billionaire giddiness: they can't wait for AI to replace as many of these disgusting human workers as possible.
They would replace every single one of us, if they could, and this administration will HELP them. If we end up with a 50% unemployment rate, they'll just criminalize debt and unemployment, and put you in a work camp to be leased out as a Federal 13th Amendment Slave. They'll probably even shorten it, and call them 13s.
Of course, as 13s become common, even more paid jobs will be lost, and eventually most jobs will be done by AI, automation, or slaves, with a few humans in maintenance, software, development, and supervisory positions. The board room will remain all human, of course, even though they'd be the easiest to replace with AI.
How about instead of cutting people who actually make money, you made that AI pay for itself?
??
Bubble dollar
You guys still use meta ?
Deleted Facebook, but everyone is know is still maintaining an IG.
Layoff the AI already :P
I never expected to say... Man. I bet the investors are really wishing lizard man stuck with the metaverse.
Oh no.... anyway.
