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US is starting to see heavy job losses in roles exposed to AI

bloomberg.com

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Re: US is starting to see heavy job losses in roles exposed to AI

#111

Post by Avicebron »

jdietrich wrote: post #100
rsoto2 wrote: post #73

Earlier quoted context omitted.

Let's use percentage of people below the poverty line ( the actual poverty line is estimated between 97k(single) - 145k(family with children) Anybody reading hackernews that cares about GDP growth is profoundly misinformed. https://www.cbsnews.com/news/income-needed-get-ahead-145k-ha...

As a Brit, it seems hilarious that a single person with an income of $97k would be on the poverty line. That's more than double the median income for all households in the UK. A lot of Americans don't seem to realise how fantastically wealthy they are compared to the rest of the world. https://www.ons.gov.uk/peoplepopulationandcommunity/personal...

It's more than most Americans make by a large margin.

Re: US is starting to see heavy job losses in roles exposed to AI

#112

Post by interstice »

amazingamazing wrote: post #31

The reality no one ever wants to talk about is that big tech doesn't need as many employees that it has. Anyone who has worked in big tech knows it is true.

Okay but - if an industry can afford more employees than it has is there a real reason not to have them? Aside from shareholder greed etc.

Re: US is starting to see heavy job losses in roles exposed to AI

#114

Post by sarchertech »

lotsofpulp wrote: post #106
jdietrich wrote: post #100

Earlier quoted context omitted.

As a Brit, it seems hilarious that a single person with an income of $97k would be on the poverty line. That's more than double the median income for all households in the UK. A lot of Americans don't seem to realise how fantastically wealthy they are compared to the rest of the world. https://www.ons.gov.uk/peoplepopulationandcommunity/personal...

$97k per year isn’t that much when health insurance premiums are $500 to $1,500 per person per month with $5k to $15k annual out of pocket maximums. You have to build up decent savings to ensure you can take care of yourself for when you lose your income.

[dead]

Re: US is starting to see heavy job losses in roles exposed to AI

#115

Post by Sharlin »

csallen wrote: post #91
themafia wrote: post #63

Earlier quoted context omitted.

If you replace customer service with LLMs I will look for a way to stop doing business with you.

You will probably be in the minority, and that minority will keep shrinking as AI keeps improving.

People already have to bear with deeply customer-hostile "support". I'd love to think that companies can't make it any worse than it already is, but realistically I know they're going to do just that.

Re: US is starting to see heavy job losses in roles exposed to AI

#116

Post by bombcar »

jdietrich wrote: post #100
rsoto2 wrote: post #73

Earlier quoted context omitted.

Let's use percentage of people below the poverty line ( the actual poverty line is estimated between 97k(single) - 145k(family with children) Anybody reading hackernews that cares about GDP growth is profoundly misinformed. https://www.cbsnews.com/news/income-needed-get-ahead-145k-ha...

As a Brit, it seems hilarious that a single person with an income of $97k would be on the poverty line. That's more than double the median income for all households in the UK. A lot of Americans don't seem to realise how fantastically wealthy they are compared to the rest of the world. https://www.ons.gov.uk/peoplepopulationandcommunity/personal...

Comparing countries can be relatively pointless because of all the differences. It only matters if you can obtain money in one country and spend it in another.

The main way these numbers are gamed is by finagling with healthcare and post-secondary education, each of which can be as high or as low as you want, depending on what you’re torturing the numbers to confess.

Re: US is starting to see heavy job losses in roles exposed to AI

#117

Post by winrid »

interstice wrote: post #112
amazingamazing wrote: post #31

The reality no one ever wants to talk about is that big tech doesn't need as many employees that it has. Anyone who has worked in big tech knows it is true.

Okay but - if an industry can afford more employees than it has is there a real reason not to have them? Aside from shareholder greed etc.

Yes because the most optimized company builds the most wealth and power and puts you out of business or destroys you.

Re: US is starting to see heavy job losses in roles exposed to AI

#118

Post by iejwjw »

lbrito wrote: post #85
amazingamazing wrote: post #31

The reality no one ever wants to talk about is that big tech doesn't need as many employees that it has. Anyone who has worked in big tech knows it is true.

This has been true for many years though

It’s been true since pre llm’s.

In retrospect look at the graveyard filled with projects - this is a reflection of over hiring and poor project selection.

Re: US is starting to see heavy job losses in roles exposed to AI

#119

Post by SilverElfin »

paulddraper wrote: post #35
daedrdev wrote: post #4

I think people are blaming AI for a recession caused by trump’s tarrifs and the oil crisis. Businesses fear that oil prices may explode until enough of the economy enters a recession that oil demand decreases, and are already feeling the supply crunch

GDP is not suffering — quite the opposite, 2% real annual growth in Q1 — so recession is definitionally inaccurate.

GDP can be misleading. Lots of things are double counted.

Re: US is starting to see heavy job losses in roles exposed to AI

#120

Post by synergy20 »

amazingamazing wrote: post #31

The reality no one ever wants to talk about is that big tech doesn't need as many employees that it has. Anyone who has worked in big tech knows it is true.

h1b and outsourcing will also go down on the tech side.

the group got hit the hardest is gen-z tech graduates, no fixes ahead for them,sigh

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