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CEOs admit AI had no impact on employment or productivity

fortune.com

31–40 of 85 posts

Re: CEOs admit AI had no impact on employment or productivity

#31
post #6

This article is underlining the stark contrast between the viewpoints of “AI Enthusiasts” and everyone else. Don’t get me wrong, I use these tools daily. That being said I’m having a very hard time finding where the productivity gains are. I imagine I’m far from alone in that search and when you pair that with the constant marketing and glowing “analysis” from some of the enthusiasts about how this technology is “sol…

> Don’t get me wrong, I use these tools daily. That being said I’m having a very hard time finding where the productivity gains are I'm really struggling to understand why you would use them that much if you aren't sure they are more productive. Is it just a more enjoyable workflow for you? I ask because I find AI assisted workflows extremely painful. Constantly pulling me out of flow, like driving in gridlock traffi…

It allows me to be lazy honestly.

That and using it like a search engine feels a little like having good Google back.

Re: CEOs admit AI had no impact on employment or productivity

#32
post #16

AI isn’t going away, but it’s also clear the much promised impacts aren’t there and aren’t coming anytime soon. A bit like the claims a few years back that we’d all have self driving cars by now. The most likely outcome is an AI bubble correction that will be somewhat painful and wipe out many/most AI startups, followed by AI settling into day to day in a way that’s useful and found in many places, but not world-as-w…

WE do have self driving cars with Waymo data showing it is clearly better than human drivers in certain markets like Phoenix. It is human regulations, laws and the general societal unease that is preventing a total rapid change. In fact a Robotaxis only urban area which is continuously mapped might be feasible today and probably could even reduce the no of cars needed for the population making it accessible to many m…

No, it’s actually the same issue with AI in a lot of cases. In perfect conditions it can work reliably, but outside of that it falls apart.

Re: CEOs admit AI had no impact on employment or productivity

#33
post #16

AI isn’t going away, but it’s also clear the much promised impacts aren’t there and aren’t coming anytime soon. A bit like the claims a few years back that we’d all have self driving cars by now. The most likely outcome is an AI bubble correction that will be somewhat painful and wipe out many/most AI startups, followed by AI settling into day to day in a way that’s useful and found in many places, but not world-as-w…

WE do have self driving cars with Waymo data showing it is clearly better than human drivers in certain markets like Phoenix. It is human regulations, laws and the general societal unease that is preventing a total rapid change. In fact a Robotaxis only urban area which is continuously mapped might be feasible today and probably could even reduce the no of cars needed for the population making it accessible to many m…

No, it’s actually the same issue with AI in a lot of cases. In perfect conditions it can work reliably, but outside of that it falls apart in a way humans don’t.

Re: CEOs admit AI had no impact on employment or productivity

#35

Earlier quoted context omitted.

WE do have self driving cars with Waymo data showing it is clearly better than human drivers in certain markets like Phoenix. It is human regulations, laws and the general societal unease that is preventing a total rapid change. In fact a Robotaxis only urban area which is continuously mapped might be feasible today and probably could even reduce the no of cars needed for the population making it accessible to many m…

No, it’s actually the same issue with AI in a lot of cases. In perfect conditions it can work reliably, but outside of that it falls apart in a way humans don’t.

This has not been my experience with Waymo. I drove a total of about ~3.5 hours in Waymos in LA when I was visiting and their robustness to very unusual situations absolutely floored me.

I am sure you can find truly out-of-distribution cases where the car will make a mistake, but the data shows that this is more rare than a human driver making a mistake.

Re: CEOs admit AI had no impact on employment or productivity

#37
post #12

Earlier quoted context omitted.

Partially a contracting real economy following overhiring early in the decade, partially trying to discipline labor, partially a pretty profound disconnect from both market pressures and concrete metrics that comes from a business model more centered around stock value and funding raises than revenue per se

We've been moving to faith-based markets for decades - markets where belief and hope almost entirely replace quantifiable economic activity.

[deleted]

Re: CEOs admit AI had no impact on employment or productivity

#39
A lot of organizations live in some game theoretic equilibrium that prevents cost improvements from being metabolized by the org without burning the cost elsewhere.

For example, consider a commodity business for software product X. All vendors of this product had their costs reduced by a factor of 100 over night for developing new product. They could increase their profits, lower their price, or re-invest the dividend. In software, the buyer usually buys on quality - so they all re-invest.

Now they are spending the same amount on product development, for the same price tag, and earning the same profit - but they might be shipping much faster.

Re: CEOs admit AI had no impact on employment or productivity

#40
post #9
post #6

This article is underlining the stark contrast between the viewpoints of “AI Enthusiasts” and everyone else. Don’t get me wrong, I use these tools daily. That being said I’m having a very hard time finding where the productivity gains are. I imagine I’m far from alone in that search and when you pair that with the constant marketing and glowing “analysis” from some of the enthusiasts about how this technology is “sol…

I don’t like the tools personally, and find the reversion of any sort of interface to a chat interface a huge loss to UI - but for the love of all things holy why are using them if they don’t provide any benefit?

  > for the love of all things holy why are using them if they don’t provide any benefit?
like most tech trends: fomo and hype

tbf, there is some benefit there but its much more nuanced than the hype suggests (as usual)

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