Maybe someone can help me wrap my head around this in a different way, because here's how I see it. If these tools are really making people so productive, shouldn't it be painfully obvious in companies' output? For example, if these AI coding tools were an amazing productivity boost in the end, we'd expect to see software companies shipping features and fixes faster than ever before. There would be a huge burst in in…
"shouldn't it be painfully obvious in companies' output?" No. The bottleneck isn't intellectual productivity. The bottleneck is a legion of other things; regulation, IP law, marketing, etc. The executive email writers and meeting attenders have a swarm of business considerations ricocheting around in their heads in eternal battle with each other. It takes a lot of supposedly brilliant thinking to safely monetize all…
Re: The ‘white-collar bloodbath’ is all part of the AI hype machine
#1001Don't forget that to start a company the more common goal is to make money, not to produce a good or service that others want or need including employment. Meaning this is just a lesser concern. Generally business owners are just as likely to shed quality as to shed employees as long as the profits go up. What helps to sustain this is the gradual lowering of the bar on quality that leads to consumers settling for garbage products and sending a positive signal to the business to continue. This is exacerbated by monopolistic trends in the world where only one company is providing a good or service and buying out the competition when it raises to control choice. What we end up with is similar from the consumer's viewpoint to late Communism in regards to choice and quality. In the end Capitalism didn't win. It just lost last.