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AI adoption linked to 13% decline in jobs for young U.S. workers: study

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Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#321

Post by zahlman »

elzbardico wrote: post #23

This is all covert AI advertising. https://esborogardius.substack.com/p/if-ai-doesnt-fire-you-i...

> Current AI valuations assume one thing: mass workforce extinction pays the bill.

I disagree. My evidence is simple: just look at how the most recent generation of smartphones is being advertised. Look at the platforms like Base44 that are spamming their ads all over YouTube. The bet is diversified quite a bit, into the expectation that end users will (eventually) pay through the nose for AI-powered toys.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#322

Post by mc32 »

notepad0x90 wrote: post #315

I think this is to be expected, all tech has societal impact like this. This is just happening over a span of few years instead of decades and centuries. Failure in government policy making at it's peak.

Wait; what would you look for a gov policy to do here? Stunt growth? Prevent efficiency or something else like what?

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#323

Post by andoando »

mostlysimilar wrote: post #167
jameslk wrote: post #140

Earlier quoted context omitted.

How many of these jobs are getting offshored because of AI? Language barriers, culture, and knowledge are some of the biggest challenges to overcome for offshoring. AI potentially solves many of those challenges

> AI potentially solves many of those challenges Isn't it exactly the opposite? Language barriers: LLMs are language models and all of the major ones are built in English, speaking that language fluently is surely a prerequisite to interacting with them efficiently? Knowledge: famously LLMs "know" nothing and are making things up all of the time and sometimes approximate "knowledge"

LLMs are really good with translations.

Google Translate is relatively awful. I have an intern now who barely speaks my native language but very bad English so weve been using it all the time, and its always spot on, even for phrases that dont translate directly

I bet I can do a good job communicating with you without speaking a common language.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#324

Post by undersuit »

lotsofpulp wrote: post #303
Workaccount2 wrote: post #126

Earlier quoted context omitted.

You ban them from coming back in after a few warnings. Stores seem really icy about facial recognition right now though. The optics are pretty bad (a play on words pun?)

Who is going to stop them from coming back in?

You install AI-powered turnstiles at the entrance. Come on haven't you seen or read any dystopian media? :)

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#325

Post by geodel »

raincole wrote: post #307
deanmoriarty wrote: post #300

Earlier quoted context omitted.

You’ll get downvoted but in my experience, which may not be representative of the entire population, this is true. A mid-size US tech company I know well went fully remote after a lot of insistence from the workforce, prior to the pandemic they were fully in office. Soon enough they started hiring remotely from EU, and now the vast majority of their technical folks are from there. The only US workers remaining are mo…

I think most programmers in the US simply don't realize how much they earn compared to the rest of the world. I'm not talking about rural Chinese villages whose name you can't pronounce. Or the stereotypical Indian call centers. I'm talking about highly educated programmers who can communicate fluently in English, in cities like Beijing or Munich. If people in SV know how (relatively) little their counterparts make i…

Agree. It is harsh truth. Even the good old outsourcing seems in resurgence. Lately I see at work large delegations of IT bodyshops claiming 60% saving with AI + a dev/support center in India.

It may or may not work but it can crater 70% of IT/software department by 2027 as per their plan.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#327

Post by jimmont »

Organizations are choosing to eliminate workers rather than amplify them with AI because they'd rather own 100% of diminished capacity than share proceeds from exponentially increased capacity. That's the rent extraction model consuming its own productive infrastructure. The Stanford study documents organizations systematically choosing inferior economic strategies because their rent-extraction frameworks cannot conceptualize workers as productive assets to amplify. This reveals that these organizations are economic rent-seekers that happen to have productive workers, not production companies that happen to extract rents. When forced to choose between preserving rent extraction structures or maximizing value creation, they preserve extraction even at the cost of destroying productive capacity. So what comes next?

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#328

Post by zahlman »

delfinom wrote: post #90
tux3 wrote: post #73

Earlier quoted context omitted.

There's usually a security person or two in the store, looking over the self checkouts. I agree that job prevents a lot of people from becoming opportunistic thiefs, but I'm making a distinction between cashiers and security. Today the store needs both.

Pretty sure if a "security person" worked so well, Walmart wouldn't be severely reducing self checkouts at their stores to Walmart Plus members only.

I haven't observed this happening here (Toronto, Canada).

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#329

Post by Aurornis »

raincole wrote: post #297
fibers wrote: post #8

The accounting note is not true in the traditional sense. The field in the US is just getting offshored to India/PH/Eastern Europe for better or for worse. There is even a big push to lower the educational requirements to attain licensure in the US (Big 4 partners want more bodies and are destroying the pipeline for US students). Audit quality will continue to suffer and public filers will issue bunk financials if th…

It's amusing to see programmers in the US promoting remote work. Do those people really believe they're the most intellectually superior to the rest of the world? If a job can be done purely remotely, what stops the employer from hiring someone who lives in a cheaper place?

It’s amusing to see these comments as if American tech companies don’t already have offices all over the world.

Even a mid-size tech company I worked for had over a dozen small offices around the world to collect as many qualified developers as they could. They had some remote work too.

Still hired a lot of Americans. Thinking that remote work will be the end of American workers has been the driving force behind outsourcing pushes for decades, but it hasn’t worked that way.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#330

Post by macintux »

tick_tock_tick wrote: post #175
AndrewKemendo wrote: post #6

Earlier quoted context omitted.

Too bad engineers were “too important” to unionize because their/our labor is “too special .” I think you could find 10,000 quotes from HN alone why SDEs were immune to labor market struggles that would need a union Oh well, good luck everyone.

So what your argument is we're so special that we deserve to hold back human progress to have a privileged life? If it's not that what would you want a union to do in this situation?

I like human progress. I don’t like the apparent end goal that the entire wealth of the planet belongs to a few thousand people while the rest of us live in the mud.
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