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Companies are lying about AI layoffs?

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Re: Companies are lying about AI layoffs?

#131

Post by ryandrake »

semi-extrinsic wrote: post #120
ramesh31 wrote: post #107

Earlier quoted context omitted.

>The US is getting outcompeted by India, basically. And it almost completely comes down to housing costs. If half of your $150k salary wasn't going directly into a landlord's pocket in the US, we would easily be able to compete.

If that explains most/all of it, why don't we see more tech companies moving into areas of the US with low housing prices? I guess some of it is the "captive" effect for an individual - if you leave the expensive property market for somewhere cheaper with a lower salary, it becomes very hard to move back to the expensive place. But is that a strong enough effect? Surely an efficient free market should theoretically m…

There are also cultural differences in these low cost USA areas that will make it hard to find educated techies there and/or get them to move there. Like it or not, the socially-liberal urban-California culture has become a sort of "Defacto Standard Culture" for tech, and a company is not going to be able to simply move all these people to rural Alabama because the cost of housing and living is cheaper there.

When work-from-home became more widespread, my spouse and I did the whole "Oooh, where could we live to maximize our income/expense ratio!" Zillow fantasy-exploration, and we concluded that even though many places in the country are significantly cheaper than where we are, we would be miserable in these places.

Reminds me of that story that made the rounds on HN a few years ago about that techie who moved to Bumblefuck Arkansas and bought an insanely cheap office for his tech enterprise, and regretted it for years due to the place otherwise being a total shithole.

Re: Companies are lying about AI layoffs?

#132

Post by paulryanrogers »

sfn42 wrote: post #127
danaris wrote: post #116

Earlier quoted context omitted.

I genuinely believe that, at this point, that starts to stretch the definition of the word "represents." It's readily apparent that no president for the past decade has clearly represented a majority of the country (as opposed to a plurality) in the sense that they voted for or supported him. But Trump has gone further, and openly declared that not only does he not consider himself to represent the people politically…

When they stop voting for him, and when the people who are supposedly against him actually get off the couch and vote against him, how about that?

Please keep in mind many non-voters aren't laying around on the couch, but working multiple jobs trying to pay rent and healthcare. Our unitary president is talking about restricting mail in voting and taking other measures to ensure the desired outcome.

He's already resorted to sending fake electors, demanding votes be 'found', and inciting violence to interrupt the results of elections he doesn't like. (And pardoning those found guilty of participating in such interference on his behalf.)

Re: Companies are lying about AI layoffs?

#133

Post by toss1 »

motbus3 wrote: post #122
toss1 wrote: post #108

Earlier quoted context omitted.

>>People will need to accept to earn much less than they expected Or, perhaps, the executives and shareholders who have been primarily engineering how to take an ever-growing share of the pie to the degree they can accept to earn much less than expected With CEO pay ratios growing from 25:1 to 400:1 in the past 60 years [0], that level of extraction is not producing any useful increase in output or value; it is simpl…

There is zero chance of this happening. All the big billionaires and trillionaries CEOs were sitting with the president in his first day. There is zero chance they will have their slice of their pie smaller. In the history of the world, there wasn't a single powerful person who accepted to share with commoners. There is not a single reason to believe it will change now. In fact, of you read the so called big bogus bi…

Of course they won't accept it spontaneously.

The issue would need to be forced, just as with any time common people force a regime to relinquish power.

Re: Companies are lying about AI layoffs?

#134

Post by smik333 »

The video link that's posted on the article is all over the place. IMO, it's hard to state what her conclusion was since it's not concrete at all. In the first half, similar to the post itself, the video argues that since there is H1B approvals for these companies which laid off workers, that means that citizens are being replaced by immigrants. In the second half it states that warehouse workers and other unskilled jobs are getting replaced by AI. And it (with a bit of snark) asks why if AI is so good , they still need to hire H1B workers.

But that is exactly the point. H1B workers aren't workhouse workers. They are doing tech work. Saying companies are doing lay off and hiring H1Bs doesn't in any way establishes what kind of workers are getting laid off and what kind of workers are getting hired.

As others have pointed it out, the data presented is so insufficient to such a degree that in this particular case, I have to wonder if this is genuine curiosity of the author of the post or if they are trying to justify their beliefs using bad data science.

Re: Companies are lying about AI layoffs?

#135

Post by armitron »

paulryanrogers wrote: post #132
sfn42 wrote: post #127

Earlier quoted context omitted.

When they stop voting for him, and when the people who are supposedly against him actually get off the couch and vote against him, how about that?

Please keep in mind many non-voters aren't laying around on the couch, but working multiple jobs trying to pay rent and healthcare. Our unitary president is talking about restricting mail in voting and taking other measures to ensure the desired outcome. He's already resorted to sending fake electors, demanding votes be 'found', and inciting violence to interrupt the results of elections he doesn't like. (And pardoni…

Trump is trying hard to get voter id passed (common sense in Europe) and he’s obviously not doing that because he wants to cheat in elections. Your characterization is therefore misguided in the extreme.

We only need to look at states like California and their complete absence of voter id to realize where and for whom rampant election fraud takes place.

Re: Companies are lying about AI layoffs?

#136

Post by array_key_first »

semi-extrinsic wrote: post #120
ramesh31 wrote: post #107

Earlier quoted context omitted.

>The US is getting outcompeted by India, basically. And it almost completely comes down to housing costs. If half of your $150k salary wasn't going directly into a landlord's pocket in the US, we would easily be able to compete.

If that explains most/all of it, why don't we see more tech companies moving into areas of the US with low housing prices? I guess some of it is the "captive" effect for an individual - if you leave the expensive property market for somewhere cheaper with a lower salary, it becomes very hard to move back to the expensive place. But is that a strong enough effect? Surely an efficient free market should theoretically m…

Because low housing price areas are low priced for a reason.

US housing is pretty much mega fucked. The price is close to the maximum people are willing to pay. In many areas, it's well over that maximum.

Re: Companies are lying about AI layoffs?

#137

Post by array_key_first »

DebtDeflation wrote: post #80
ozim wrote: post #75

Earlier quoted context omitted.

Seems like you missed H1B visa rules change. They basically move all H1B from US to India not to deal with $100k per employee. Nothing changes just Indian guys move back to India and will be spending money there instead of sending some money there.

Labor really is not fungible that way. On shore H1B Indians generally are higher skilled than offshore Indians, perform different roles at companies, and are paid more. Many of them could have chosen different careers than Tech and likely will if they move back to India.

Labor is not fungible, but that doesn't matter. What matters is if (largely stupid) investors and executives think labor is fungible.

Which, from what I've seen, they do. Its not, and it will backfire, but that's never stopped anyone.

Re: Companies are lying about AI layoffs?

#138

Post by ttoinou »

sfn42 wrote: post #128
ttoinou wrote: post #50

Earlier quoted context omitted.

Maybe you don’t understand what happened and you should study this more instead of believing you’re smarter than those electors

Maybe you could enlighten me? Cause it looks to me like he won an election. I watch Trump speak and it just baffles me that anyone could possibly take him seriously. It's so abundantly clear that the guy just makes shit up on the spot, constantly. The guy lies more than he tells the truth and it's obvious . I'm not even a native English speaker and it's clear as day to me that pretty much every word out of that guy's…

You can be a smart politician and do stupid things. You can be dumb and vote for a smart politician. You can be a stupid politician and do not-that-bad-compared-to-the-smart-politician things. You can be smart and vote for a stupid politician.

Re: Companies are lying about AI layoffs?

#139

Post by danaris »

armitron wrote: post #135
paulryanrogers wrote: post #132

Earlier quoted context omitted.

Please keep in mind many non-voters aren't laying around on the couch, but working multiple jobs trying to pay rent and healthcare. Our unitary president is talking about restricting mail in voting and taking other measures to ensure the desired outcome. He's already resorted to sending fake electors, demanding votes be 'found', and inciting violence to interrupt the results of elections he doesn't like. (And pardoni…

Trump is trying hard to get voter id passed (common sense in Europe) and he’s obviously not doing that because he wants to cheat in elections. Your characterization is therefore misguided in the extreme. We only need to look at states like California and their complete absence of voter id to realize where and for whom rampant election fraud takes place.

> he’s obviously not doing that because he wants to cheat in elections

No, that's exactly why he wants to do it.

Requiring voter ID makes it much harder for poor people—disproportionately likely to be minorities, vastly more likely to be city-dwellers (who don't need a driver's license)—to vote.

There is no rampant vote fraud. There have been many, many studies on this. Even the ones from Republicans prove that there are no more than a tiny, tiny handful of people who ever deliberately try to vote where they're not eligible (including multiple voting, etc).

Re: Companies are lying about AI layoffs?

#140

Post by lovich »

armitron wrote: post #135
paulryanrogers wrote: post #132

Earlier quoted context omitted.

Please keep in mind many non-voters aren't laying around on the couch, but working multiple jobs trying to pay rent and healthcare. Our unitary president is talking about restricting mail in voting and taking other measures to ensure the desired outcome. He's already resorted to sending fake electors, demanding votes be 'found', and inciting violence to interrupt the results of elections he doesn't like. (And pardoni…

Trump is trying hard to get voter id passed (common sense in Europe) and he’s obviously not doing that because he wants to cheat in elections. Your characterization is therefore misguided in the extreme. We only need to look at states like California and their complete absence of voter id to realize where and for whom rampant election fraud takes place.

He tried to overturn the results of the 2020 election with the false slates of electors in various states.

We don’t have to theorize if he’s the kind of man who would cheat in an election when he has already done it before

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