Earlier quoted context omitted.
The real reason is "make number go up". A few years ago, you showed the stock market (or your investors if you weren't listed yet) how amazing a company you were by hiring people like crazy, even if you didn't need them, and giving them all sorts of perks, including (but not limited to) home office. Now, the stock market wants to see blood, so you have to sacrifice people - not because you're actually losing money, b…
this “square wave” effect is driven by interest rates … when the bank rate is very low investors will tolerate high level of gambling on growth (ponzi-like). as soon as money will grow anyway in the bank, then investors demand actual RoI
The American Rebellion Against AI Is Gaining Steam
121–130 of 146 posts
Re: The American Rebellion Against AI Is Gaining Steam
#122I often wonder how different AI sentiment would be today if all of the layoffs that were opportunistically blamed on AI by the company CEOs were instead blamed on the real reason (likely pandemic related over hiring). The root of the backlash started as a result of all those “AI” layoffs and the hyperscaler CEOs gloating how everybody was going to lose their job due to AI. So in the end, they reap what they sow. A gr…
Pandemic-related over-hiring was corrected by end of ~2023, if you look at employment growth rates pre-pandemic. [1] I'm more inclined to believe that it is AI (or, at least, the expectation by CEOs of what AI will be). [1] https://robulka.com/employees/
So for the Mag7 it's kinda AI, in that they want to maintain margins and invest loads more into capital for AI infrastructure. Those layoffs clearly have AI associated with them.
For lots of other tech, I'm not sure. I do believe that productivity can increase in a bunch of places with AI tooling, but you need to build that tooling first, then monitor and ensure that it continues working. Like, the vast majority of tech companies already outsourced a lot of what AI tooling would/could do, so I'm somewhat sceptical of the rationale (AI is so good we can cut 20% of our staff).
Re: The American Rebellion Against AI Is Gaining Steam
#123Earlier quoted context omitted.
So you want your children to be rightless cogs in the belly of a machine so that machine can be in an eternal struggle with another machine running on slaves? What for?
Is that your experience with AI? It’s made my work vastly more efficient and valuable. And have you been to modern Chinese cities? Prosperity is awesome. Stop listening to the Luddites and eco-nihilists. There’s a way to have all that AND civil rights. But if we continue to outlaw development and energy intensive industries, then yes, the West will be Chinese slaves.
Re: The American Rebellion Against AI Is Gaining Steam
#124Earlier quoted context omitted.
Please don’t lump GenX in with boomers. We are the first generation not to have lifetime employment and pensions, the first generation to pay through the nose for higher education, and many of our peers are just barely scraping by at 50 alongside our Millenial and GenZ friends.
Stop the Boomerification of Gen X's voting record and the comparison will go away.
It seems to start happening when people hit 30 years of age. Maybe it’s because that’s when they start having children; I’m not sure.
Re: The American Rebellion Against AI Is Gaining Steam
#125Earlier quoted context omitted.
So you want your children to be rightless cogs in the belly of a machine so that machine can be in an eternal struggle with another machine running on slaves? What for?
Is that your experience with AI? It’s made my work vastly more efficient and valuable. And have you been to modern Chinese cities? Prosperity is awesome. Stop listening to the Luddites and eco-nihilists. There’s a way to have all that AND civil rights. But if we continue to outlaw development and energy intensive industries, then yes, the West will be Chinese slaves.
Stop telling me to stop beating my wife, I'm not even married. You don't know what Luddites are, and I don't know what eco-nihilists are.
> we continue to outlaw development
Again, I have no idea what this is even referring to. I'm sure you mean something with that, but expressed in such a hyperbolic, all-or-nothing way I just don't know what to do with it, sorry.
Re: The American Rebellion Against AI Is Gaining Steam
#126I'll just keep repeating this: There are three options: 1. AI owned by everyone 2. No AI 3. AI owned by billionaires If you can make the masses fight for 2 instead of 1, then you guarantee that you don't get 1. If instead, the masses fight for 1, they've got a chance of getting it. You present AI as a false dichotomy: no AI or AI for billionaires. But 2 is a fantasy. There will be AI. Any of us arguing for (1) get sh…
Re: The American Rebellion Against AI Is Gaining Steam
#127Re: The American Rebellion Against AI Is Gaining Steam
#1281. So AI companies royally screwed over artists and other culture workers. 2. Culture workers are a big part of who sets the narrative for the general population - especially young people. 3. Less than 1/5 of Gen Z are optimistic about AI and the number is falling: ( https://news.gallup.com/poll/708224/gen-adoption-steady-skep... ) The current wave of AI companies did this to themselves. Had things moved more slowly…
Re: The American Rebellion Against AI Is Gaining Steam
#129Earlier quoted context omitted.
Personally I'm not convinced by pro-accelerationism arguments. Why shouldn't technical progress be hard? Why shouldn't the inevitable be held back as long as possible? What does it mean to have someone else eat our lunch in terms of AI?
It’s because you live in a world with competitors now this isn’t the 60s and the 70s anymore. There are legitimately quite a few countries that can effectively compete. Someone else eating your lunch in this case means you’re poor, have no global power and life for all of us will be worse than what we currently enjoy.
Re: The American Rebellion Against AI Is Gaining Steam
#130Earlier quoted context omitted.
Is that your experience with AI? It’s made my work vastly more efficient and valuable. And have you been to modern Chinese cities? Prosperity is awesome. Stop listening to the Luddites and eco-nihilists. There’s a way to have all that AND civil rights. But if we continue to outlaw development and energy intensive industries, then yes, the West will be Chinese slaves.
> Stop listening to the Luddites and eco-nihilists. Stop telling me to stop beating my wife, I'm not even married. You don't know what Luddites are, and I don't know what eco-nihilists are. > we continue to outlaw development Again, I have no idea what this is even referring to. I'm sure you mean something with that, but expressed in such a hyperbolic, all-or-nothing way I just don't know what to do with it, sorry.