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CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

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21–30 of 44 posts

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#21
It's the opposite.Every use case needs its own distinct workflow ("context engineering"). We need a massive amount of engineers in order to implement LLMs in real-world business environments.

But in most cases, LLMs will be prompted by practitioners, i.e. designers who mockup designs in Figma, engineers who generate code in their IDE - and then invariably need to correct it.

All in all, LLMs will cause an employment boom if widely adopted.

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#22
post #15

I don't trust most CEOs perspectives on AI at all, they are far too removed from the actual work to know what AI can and can't do. When I hear a CEO say this, what I hear is that they are going to use AI as an excuse to do massive layoffs to juice stock price and then cash out before the house of cards comes tumbling down. Every public company CEOs dream. The GE model in the age of AI. Will AI drastically reshape ind…

I actually thought LLMs worked well (and I do a lot of LLM work) until a couple of days ago when I started trying to do some weird things and ended up in hallucination land, and it didn't matter what model I used.

Literally everything hallucinated even basic things, like what named parameters a function had etc.

It made me think that the core of the benefit of LLMs is that, even though they may not be smart, at least they've read what they need to answer the question you have, but if they haven't-- if there isn't much data on the software framework, not very many examples, etc., then nothing matters, and you can't really feed in the whole of vLLM. You actually need the companies running the AI to come up with training exercises for it, train on the code, train it on answering questions about the code, ask it to write up different simple variations of things in the code, etc.

So you really need to use LLMs to see the limits, and use them on 'weird' stuff, frameworks no one imagines that anyone will mess with. Even being a researcher and fiddling with improving LLMs every day may not be enough to see their limits, because they come very suddenly and then any accuracy or relevance goes away completely.

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#23

Yes? What do you think technological advancement does?!? It removes work. Now, if you say that unlike for every other time there isn’t more opportunity created…I guess you have an interesting point. But yeah — duh. I don’t know many assembly programmers. They’ve been “wiped out.”

> I don’t know many assembly programmers. They’ve been “wiped out.”

There never where enough assembly programmers to create all the business and leisure software we have in assembly anyway.

There are quite a few left, but they do foundational work at CPU or other hardware companies or are building compilers and runtimes others use. In other words: you're not in the same circles.

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#24

Earlier quoted context omitted.

> I don't know where these people are getting money from Inheritance?

Quite possibly. Along with all the other crosscurrents right now, you have a fabulously wealthy boomer generation starting to give their wealth to their children. If I'm not mistaken, the millenial generation has a lower average wealth than previous generations, but the millenials with inheritances or family money are doing much better than almost any generation before.

I don't know if actually being able to afford real estate is 'doing better', it's more a 'not doing worse' situation imo.

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#25
post #12
post #7

It's an easy thing to say without giving specific time frames. At least when Elon makes grand pronouncements he risks getting it horribly wrong. "told investors in May that she could see its operations head count falling by 10% in the coming years as the company uses new AI tools." Here's a time-frame a bit more specific then "in the coming years", but still vague: "Anthropic CEO Dario Amodei said in May that half of…

I suspect that if you’ve got your feet planted in the tech industry as an engineer, you have a long career with stagnant wages ahead of you Followed by a huge boom in salaries once the workforce shrinks. For example, go look at the hourly wage of a cobol programmer.

I knew a great graphics design artist ... really talented. Besides logos, slogans, art she could run print lines. Then www came out and she became despondent. Any fool can do this now she said. She was in NYC at the time. I told her 82 million times yes, but the top 10% can now charge more for the discerning customer who didn't want the bottom 75% of junk. She didn't buy that. And gave up. It's a shame in a way.

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#27
post #15

I don't trust most CEOs perspectives on AI at all, they are far too removed from the actual work to know what AI can and can't do. When I hear a CEO say this, what I hear is that they are going to use AI as an excuse to do massive layoffs to juice stock price and then cash out before the house of cards comes tumbling down. Every public company CEOs dream. The GE model in the age of AI. Will AI drastically reshape ind…

Doesn’t really matter why you lost your job though, does it? Especially when the job loss is wide spread.

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#28

Yes? What do you think technological advancement does?!? It removes work. Now, if you say that unlike for every other time there isn’t more opportunity created…I guess you have an interesting point. But yeah — duh. I don’t know many assembly programmers. They’ve been “wiped out.”

Hi I write in assembly for fun. Definitely not paid for that though.

Re: CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

#29
'AI' doesn't make hiring, layoff, or corporate strategic decisions. Public pronouncements speak of AI as some disembodied, inevitable agent out there directing the world, when really it's just humans engaging in competitive capitalism.

TL;DR: We always have a choice. And as we often do, we're choosing capitalism.

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