Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

cnbc.com

Post reply on HN
Print view View original

361–370 of 662 posts

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

#361

Post by jrvarela56 »

jameslk wrote: post #347
jimmont wrote: post #327

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 conc…

> So what comes next? When you don’t need as many people because of automation, you also don’t need them to fight your wars. You use drones and other automated weapons. You don’t need things like democracy because that was to prevent people from turning to revolution, and that problem has been solved with automated weapons. So then you don’t really need as many people anymore, so you stop providing the expensive heal…

Why does Mr Beast dig wells in Africa?

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

#362

Post by root_axis »

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 doesn't matter what they promote, remote labor is an economic reality. It's not as if employers are going to forget they can offshore your job because you show up to the office 8am sharp every morning.

The moment they can replace you for cheaper, they will, whether you insist on working remotely or not.

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

#363

Post by shams93 »

jameslk wrote: post #347
jimmont wrote: post #327

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 conc…

> So what comes next? When you don’t need as many people because of automation, you also don’t need them to fight your wars. You use drones and other automated weapons. You don’t need things like democracy because that was to prevent people from turning to revolution, and that problem has been solved with automated weapons. So then you don’t really need as many people anymore, so you stop providing the expensive heal…

Yeah this is what we are seeing today, also its not just junior jobs going, according to Amazon they are using it to get rid of expensive senior employees while they are actually holding onto juniors using ai tools.

We have seen a lot of use of h1b and outsourcing despite the massive job shortage. Seeing lots of fake job sites filled with ai generated fake openings and paid membership for access to "premium jobs."

They're using ICE to effectively pay half the country to murder the other half, but the ICE budget is limited so that automated systems can then gun down the ICE community to replace 99.9% of humans with machines.

Ultimately this is great for Russia because they'll still be able to invade even if they have only 300 soldiers left in their military, after they hit a low orbit nuke blast to shutdown the Ai US, basically only Melania swinging her purse at the troops will be one of the few left alive to resist.

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

#364

Post by jimbokun »

fakedang wrote: post #339
Aurornis wrote: post #329

Earlier quoted context omitted.

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 outs…

> 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. The difference is that back then the project lead could explore outsourcing certain roles to India, EE and LatAm, while today the VP can explore outsourcing the project lead roles to those countries. These countries have built…

All of that has been true for decades, except maybe the specific numbers.

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

#365

Post by zarzavat »

lurk2 wrote: post #351
jimmont wrote: post #327

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 conc…

ChatGPT (might have) made a few superfluous email jobs obsolete and the people responding to this comment are acting like we’re standing on the threshold of Terminator 3.

Don't underestimate how much of the economy is "superfluous email jobs". Have you seen how stupid the average person is?[0] These people need jobs too.

[0] I was going to going to mark this as sarcasm but then I remembered that the US elected Donald Trump as president, 2 times so far, so I'm going to play it straight.

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

#366

Post by sershe »

jimmont wrote: post #327

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 conc…

What data or special insight do you have as to whether amplifying or eliminating is actually productive?

This argument is vacuous if you consider a marginal worker. Let's say AI eliminates one worker, Bob. You could argue "it was better to amplify Bob and share the gains". However, that assumes the company needs more of whatever Bob produces. That means you could also make an argument "given that the company didn't previously hire another worker Bill ~= Bob, it doesn't want to share gains that Bill would have provided blah blah". Ad absurdum, any company not trying to keep hiring infinitely is doing rent extraction.

You could make a much more narrow argument that cost of hiring Bill was higher than his marginal contribution but cost of keeping Bob + AI is lower than their combined contribution, but that's something you actually need to justify. Or, at the very least, justify why you know that it is, better than people running the company.

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

#367

Post by biztos »

jameslk wrote: post #347
jimmont wrote: post #327

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 conc…

> So what comes next? When you don’t need as many people because of automation, you also don’t need them to fight your wars. You use drones and other automated weapons. You don’t need things like democracy because that was to prevent people from turning to revolution, and that problem has been solved with automated weapons. So then you don’t really need as many people anymore, so you stop providing the expensive heal…

This works even better with a declining fertility rate!

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

#368

Post by jonahx »

jimmont wrote: post #327

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 conc…

Your claim is not supported by the paper:

"Furthermore, employment declines are concentrated in occupations where AI is more likely to automate, rather than augment, human labor."

No mention of rent-seeking.

No evidence they are being economically short-sighted.

> they'd rather own 100% of diminished capacity than share proceeds from exponentially increased capacity

They're using cheap AI to replace more expensive humans. There's no reason to think they are missing some exponential expansion opportunity that keeping those humans would achieve, and every reason to think otherwise.

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

#369

Post by jandy »

ulfw wrote: post #337
rapind wrote: post #317

Earlier quoted context omitted.

I will say though as someone who solo runs their own product business, right now feels like a great time to be building your own thing. No idea if this will last long though.

Fewer and fewer people to buy said thing when layoffs and no-hiring continues

Yeah, who’s going to pay for your single person AI-powered vibe coded calendar organiser product when nobody has a job?

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

#370

Post by biztos »

jedberg wrote: post #360
raincole wrote: post #297

Earlier quoted context omitted.

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?

> what stops the employer from hiring someone who lives in a cheaper place? I've worked with remote workers from around the world. Let me preface by saying there are of course exceptions but: What I've found is that most often Americans exhibit self-starting and creativity. What I mean by that is non-us workers are great if you give them a specific task, even a really hard task. But if you give them a nebulous proble…

> non-us workers are great if you give them a specific task, even a really hard task

...which is a lot like the LLMs! Maybe the skillset required to manage non-US workers is the same as for managing ChatGPT 6o, but the latter scales better.

Post reply on HN