I suspect these AI-displaced workers in the long run will suffer the same fate as workers affected by deindustrialization. They won’t die of starvation, obviously. But they will never be “retrained” to roles that offer them similar income, status, and leverage over employers. Instead they’ll be sucked into an ever-expanding economy of service work.
Oracle shed about 20k roles globally in the last year
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Re: Oracle shed about 20k roles globally in the last year
#92None of this is due to AI. That’s just the cover story that stops the stock crashing. The reality is the market is contracting and it’s doing that because the extraction and monthly financial models are hurting other businesses which are also contracting because of lower customer demand.
> The reality is the market is contracting and it’s doing that because the extraction and monthly financial models are hurting other businesses which are also contracting because of lower customer demand.
Can you explain what you mean?
Re: Oracle shed about 20k roles globally in the last year
#93A friend met with Oracle salesdroids (his company has spent a few million with them in the last few years). They told him everything is oriented towards AI, to the point that otherwise profitable software is not being updated and development has stopped on anything new. Oracle has a lot of niche solutions and the one my friend’s corporation uses is profitable but not on the AI path, so it is being put into maintenanc…
Time to copy&improve the niche solution.
Re: Oracle shed about 20k roles globally in the last year
#94I’ve just been thinking about this and would like to ask those of you with more experience in the industry: do you prepare yourselves in any way for crises? Do you have any techniques for dealing with uncertainty? Let’s say someone is entering the IT job market today. How should they prepare for the responsibilities of adulthood, starting a family, buying (perhaps on a mortgage?) their first flat, and planning for a…
These things certainly are not industry specific. I grew up in construction where layoffs are expected sometimes a few times per year. The basic personal finance advice helps, i.e. emergency fund, pay off high interest debt asap. Not burning bridges, building a network of real people is huge. Help people out when you are in a position to and are able to. As far as mindset, I think my Christian faith plays a big role in situations that might cause suffering. Essentially, don't make your career or your salary your identity and/or highest power in your life.
Re: Oracle shed about 20k roles globally in the last year
#95A friend met with Oracle salesdroids (his company has spent a few million with them in the last few years). They told him everything is oriented towards AI, to the point that otherwise profitable software is not being updated and development has stopped on anything new. Oracle has a lot of niche solutions and the one my friend’s corporation uses is profitable but not on the AI path, so it is being put into maintenanc…
You can use AI to eliminate Oracle from your org's dependencies.
In a roundabout way, AI may just eliminate Oracle from my org's dependencies
Re: Oracle shed about 20k roles globally in the last year
#96A friend met with Oracle salesdroids (his company has spent a few million with them in the last few years). They told him everything is oriented towards AI, to the point that otherwise profitable software is not being updated and development has stopped on anything new. Oracle has a lot of niche solutions and the one my friend’s corporation uses is profitable but not on the AI path, so it is being put into maintenanc…
That’s makes sense in its way, if they’re convinced and absolutely certain that’s the future. By analogy, I bet there were some carriage manufacturers who bet the farm on internal combustion engines when horse drawn carriages were still popular. It would seem insane at the time for them to give up their reliable business for something risky and unknown. However, in retrospect it would seem like bad business to throw resources after dead-end product lines, even if they’re valuable, because each dollar not advancing their automobile R&D was a dollar wasted on legacy stuff.
I’m not saying AI is the next internal combustion engine. If Oracle is certain it is, though, then that sounds like a more rational move.
Re: Oracle shed about 20k roles globally in the last year
#97Earlier quoted context omitted.
I easily do more than x 5 the workload I did in 2020. Replacing an employee with domain knowledge (only thing valuable now), with someone with zero domain knowledge is corporate suicide in 2026. However, if you are oracle sending out consultants with zero domain knowledge around to help.... I would rather just use claude.
What type of work are we talking about here?
Generating PRs that can’t be tested or deployed. My team has collected a whole pile!
Re: Oracle shed about 20k roles globally in the last year
#98What's even weirder is the Founder of canonical has a #hiring badge on their LinkedIn profile. What kind of message is that?
They are hiring. I've seen one role listed for more than a year, and it's because of their hiring process. Here's a random job, by way of example: https://canonical.com/careers/3433732/application Search for "how did you perform", and be baffled at their recruitment strategy.
LOL, I’d forgotten about that idiocy. Imagine being a staff engineer and having an interviewer ask about your high school math performance.
1. I was in the top 0.01% in my state. (Actually true; who gives a crap; it was a quarter century ago and literally no one other than Canonical cares.)
2. You can’t prove me wrong. I can’t prove me right, because I’m not the kind of loser who has a wall of their high school accomplishments they never moved past.
3. The fact that you’re even asking shows that this is an amateur hour leadership team who cares about utterly irrelevant things.
Anyone who has that stupid of a hiring process deserves to have unfilled roles. I’m hiring for several roles right now, and while I ask a great many things, I promise you that none of it relates to their high school math performance.
Re: Oracle shed about 20k roles globally in the last year
#99where its sits with the AI bubble I think Oracle is the 1 of the major companies apart from the OpenAI that would go belly up once the AI bubble crashes.
There's a tiny chance that this whole mess leads to a situation where Larry Ellison dies broke. That would be amazing!
Re: Oracle shed about 20k roles globally in the last year
#100I suspect these AI-displaced workers in the long run will suffer the same fate as workers affected by deindustrialization. They won’t die of starvation, obviously. But they will never be “retrained” to roles that offer them similar income, status, and leverage over employers. Instead they’ll be sucked into an ever-expanding economy of service work.
> But they will never be “retrained” to roles that offer them similar income, status, and leverage over employers. Instead they’ll be sucked into an ever-expanding economy of service work.
Which will probably depress wages of service workers - unless somehow there is a dramatic expansion in service demand, which apart from particular industries (i.e elder care), seems unlikely.