Generative AI is not replacing jobs or hurting wages at all, say economists

Post by wetpaws » Tue, Apr 29, 2025, 1:53 PM UTC

ringeryless wrote: post #86

patapong wrote: post #38

Earlier quoted context omitted.

I agree! People will become more productive, meaning fewer people can do more work. That said, I hope this does not result in the production of evermore things at the cost of nature! I think we are at a crossroads as to what this will result in, however. In one case, the benefits will accrue at the top, with corporations earning greater profits while employing less people, leaving a large part of the population witho…

the earth is not the property of humans, nor is any of it empty until you show zero ecosystem or wildlife or plants there. for sure, we are doing our best to eradicate the conditions that make earth habitable, however i suggest that the first needed change is for computer screen humans to realize that other life forms exist. this requires stepping outside and questioning human hubris, so it might be a big leap, but i…

Post by mbesto » Tue, Apr 29, 2025, 1:55 PM UTC

Post by cess11 » Tue, Apr 29, 2025, 1:56 PM UTC

namaria wrote: post #133

piva00 wrote: post #24

Earlier quoted context omitted.

I was discussing with a colleague the past months, my view on how and why all these AI tools are being shoved down our throats (just look at Google's Gemini push into all enterprise tools, it's like Google+ for B2B) before there are clear cut use-cases you can point to and say "yes, this would have been much harder to do without LLM/AI" is because... Training data is the most valuable asset, all these tools are just…

Bingo. Especially with the 'coding assistants', these companies are getting great insight into how software features are described and built, and how software is architected across the board. It's very telling that we see "we won't use your data for training " sometimes and opt-outs but never "we won't collect your data". 'Training' being at best ill defined.

Post by m00dy » Tue, Apr 29, 2025, 1:59 PM UTC

DebtDeflation wrote: post #180

The study looks at 11 occupations in Denmark in 2023-24. Maybe instead look at the US in 2025. EU labor regulations make it much harder to fire employees. And 2023 was mainly a hype year for GenAI. Actual Enterprise adoption (not free vendor pilots) started taking off in the latter half of 2024. That said, a lot of CEOs seem to have taken the "lay off all the employees first, then figure out how to have AI (or low co…

Post by TheRealQueequeg » Tue, Apr 29, 2025, 2:05 PM UTC

lolinder wrote: post #89

WillAdams wrote: post #26

Have any of these economists ever tried to scrape by as an entry-level graphic designer/illustrator? Apparently not, since the sort of specific work which one used to find for this has all but vanished --- every AI-generated image one sees represents an instance where someone who might have contracted for an image did not (ditto for stock images, but that's a different conversation).

> every AI-generated image one sees represents an instance where someone who might have contracted for an image did not This is not at all true. Some percentage of AI generated images might have become a contract, but that percentage is vanishingly small. Most AI generated images you see out there are just shared casually between friends. Another sizable chunk are useless filler in a casual blog post and the author w…