One thing nobody seems to discuss is: In the future, we will do a lot more. In other terms: There will be a lot more work. So even if robots do 80% of it, if we do 10x more - the amount of work we need humans to do will double. We will write more software, build more houses, build more cars, planes and everything down the supply chain to make these things. When you look at planet earth, it is basically empty. While r…
Generative AI is not replacing jobs or hurting wages at all, say economists
21–30 of 503 posts
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#22My primary worry since the start has been not that it would "replace workers", but that it can destroy value of entire sectors. Think of resume-sending. Once both sides are automated, the practice is actually superfluous. The concept of "posting" and "applying" to jobs has to go. So any infrastructure supporting it has to go. At no point did it successfully "do a job", but the injury to the signal to noise ratio wipe…
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#23> The economists found for example that "AI chatbots have created new job tasks for 8.4 percent of workers, including some who do not use the tools themselves." For me, the most interesting takeaway. It's easy to think about a task, break it down into parts, some of which can be automated, and count the savings. But it's more difficult to take into account any secondary consequences from the automation. Sometimes you…
> you end up causing more work down the line by saving a bit of time at an earlier stage in this case, the total cost would've gone up, and thus, eventually the stakeholder (aka, the person who pays) is going to not want to pay when the "old" way was cheaper/faster/better. > It would be better for everyone collectively to not automate certain things, but it's better for some individually, so it happens. not really, a…
But there's also adversarial situations. Hiring would be one example: Companies use automated CV triaging tools that make it harder to get through to a human, and candidates auto generate CVs and cover letters and even auto apply to increase their chance to get to a human. Everybody would probably be better off if neither side attempted to automate. Yet for the individuals involved, it saves them time, so they do it.
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#24'"The adoption of these chatbots has been remarkably fast," Humlum told The Register. "Most workers in the exposed occupations have now adopted these chatbots. Employers are also shifting gears and actively encouraging it. But then when we look at the economic outcomes, it really has not moved the needle."' So, as of yet, according to these researchers, the main effect is that of a data pump, certain corporations get…
I'm not saying that I think LLMs are useless, far from it, I use them when I think it's a good fit for the research I'm doing, the code I need to generate, etc., but the way it's being pushed from a marketing perspective tells me that companies making these tools need people to use them to create a data moat.
Extremely annoying to be getting these pop-ups to "use our incredible Intelligence™" at every turn, it's grating on me so much that I've actively started to use them less, and try to disable every new "Intelligence™" feature that shows up in a tool I use.
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#25One thing nobody seems to discuss is: In the future, we will do a lot more. In other terms: There will be a lot more work. So even if robots do 80% of it, if we do 10x more - the amount of work we need humans to do will double. We will write more software, build more houses, build more cars, planes and everything down the supply chain to make these things. When you look at planet earth, it is basically empty. While r…
I like that some places are empty.
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#26Apparently not, since the sort of specific work which one used to find for this has all but vanished --- every AI-generated image one sees represents an instance where someone who might have contracted for an image did not (ditto for stock images, but that's a different conversation).
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#27My primary worry since the start has been not that it would "replace workers", but that it can destroy value of entire sectors. Think of resume-sending. Once both sides are automated, the practice is actually superfluous. The concept of "posting" and "applying" to jobs has to go. So any infrastructure supporting it has to go. At no point did it successfully "do a job", but the injury to the signal to noise ratio wipe…
Are you sure suggesting google search is in decline? The latest Google earnings call suggests it’s still growing
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#28My primary worry since the start has been not that it would "replace workers", but that it can destroy value of entire sectors. Think of resume-sending. Once both sides are automated, the practice is actually superfluous. The concept of "posting" and "applying" to jobs has to go. So any infrastructure supporting it has to go. At no point did it successfully "do a job", but the injury to the signal to noise ratio wipe…
Are you sure suggesting google search is in decline? The latest Google earnings call suggests it’s still growing
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#29That person apparently didn't talk to copy writers, photographers, content creators and authors.
Re: Generative AI is not replacing jobs or hurting wages at all, say economists
#30One thing nobody seems to discuss is: In the future, we will do a lot more. In other terms: There will be a lot more work. So even if robots do 80% of it, if we do 10x more - the amount of work we need humans to do will double. We will write more software, build more houses, build more cars, planes and everything down the supply chain to make these things. When you look at planet earth, it is basically empty. While r…
That said, the fact that I can't find an opensource LLM front-end which will accept a folder full of images to run a prompt on sequentially, then return the results in aggregate is incredibly frustrating.