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The tech jobs bust is real. Don't blame AI (yet)

economist.com

51–60 of 207 posts

Re: The tech jobs bust is real. Don't blame AI (yet)

#51

Without an archive link I think 90% of these comments will be in response to the title only.

I'd happily provide one but I've had enough of being repeatedly trashed and denigrated here for posting too many archive links.

It is interesting that sites like HN have existed for decades and still don't have any real solution for this sort of problem. Is providing a way for us to all bypass paying for this content that cost money to produce actually the most desirable outcome?

Like imagine if there was some 90 minute tech documentary on Netflix that was worth discussing here. Could I just rip it and link to a copy on my Google Drive? How long would that link stay up? I can't imagine long. I guess the conclusion based off how these sites operate is that piracy doesn't count when it's just words.

Re: The tech jobs bust is real. Don't blame AI (yet)

#52
post #41

Earlier quoted context omitted.

I'd happily provide one but I've had enough of being repeatedly trashed and denigrated here for posting too many archive links.

You could look at your denigrators and decide: "fuck you". Internet points are strangely attractive but not vital. You can always post with another account with a bit of effort too. I understand that you are pissed off (as am I too) but debating with an army of bots, LLMs, wankers and Russians is unfortunately the status quo, quotidien. On the bright side there are lots of lovely folk hereabouts with a large thing be…

> You could look at your denigrators and decide: "fuck you"

That escalated quickly and I enjoyed this comment a lot

Re: The tech jobs bust is real. Don't blame AI (yet)

#56
post #7

Earlier quoted context omitted.

I could be wrong but it seems like in the case of a crash no one will be buying new GPUs and thus the existing ones could hold their value longer. Of course that value will no longer be massively inflated by bubble FOMO.

>in the case of a crash no one will be buying new GPUs and thus the existing ones could hold their value longer. No, because no one has any use for those monstrous GPUs outside of ML and some research projects. They can't even be dropped onto the consumer market because a SOHO is not equipped to house devices like that. The best case scenario is that the boards get dismantled and the VRAM gets salvaged for refurbishi…

There's a baseline paid demand for AI inference that can fully occupy today's GPUs (even after a crash) so there's no need to sell or scrap them.

Re: The tech jobs bust is real. Don't blame AI (yet)

#57
post #51

Earlier quoted context omitted.

I'd happily provide one but I've had enough of being repeatedly trashed and denigrated here for posting too many archive links.

It is interesting that sites like HN have existed for decades and still don't have any real solution for this sort of problem. Is providing a way for us to all bypass paying for this content that cost money to produce actually the most desirable outcome? Like imagine if there was some 90 minute tech documentary on Netflix that was worth discussing here. Could I just rip it and link to a copy on my Google Drive? How l…

> It is interesting that sites like HN have existed for decades and still don't have any real solution for this sort of problem.

Heck, I find it odd that we don't even try to model the problem, let alone solve.

For example, there's no submitter-tickbox for "this requires additional access", no icon to distinguish between the kinds of items, and and we don't even an informal convention like putting [paywall] in the title.

Without even tracking that information, it's very difficult to address the pain-points, such as allowing the submitter to preemptively provide alternate links, or allowing readers to select against certain sites they've already decided they won't subscribe to.

Re: The tech jobs bust is real. Don't blame AI (yet)

#58
post #38

So I want to talk about the Claude Mythos mega-model that had a real marketing push in the last week. Marcus Hutchins (of IWannaCry fame) posted about the economics of this [1]. The upshot here is this was a longstanding BSD bug but mostly because nobody is paying BSD bug bounties and a null-pointer dereference may induce a crash but rarely (if ever) leads to privilege escalation as buffer overflows generally do so i…

> What they will do is allow you to use 1 engineer with AI tools instead of 2-4 engineers.

Stop there. The costs of today state-of-the-art hype-ware will be lower tomorrow.

In a year, there will be fewer easy to find bug, and models like this will be cheaper.

Doing math based on hardware deployed today is a bit naive.

Assuming any of this is intentional about reducing devs is just dumb.

Re: The tech jobs bust is real. Don't blame AI (yet)

#60

Feels early to blame AI for most of this. A lot of it still looks like a reset from 2021-era hiring assumptions rather than actual labor replacement

I don’t think that sufficiently explains it either. We all want a nice little bow on a simple, easy target. But there isn’t one.

Block, for example, said that they had experienced record profits… in spite of their, “hiring spree.”

This is just capitalism working as usual, only more of it, faster.

AI has a part in it. So does austerity policies and the rise of a certain political climate.

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