Has anyone studied the converse? Not using AI leading to loss of productivity? I feel like AI is no longer a "gain" but rather simply a requirement to compete.
CEOs admit AI had no impact on employment or productivity
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Re: CEOs admit AI had no impact on employment or productivity
#62Has anyone studied the converse? Not using AI leading to loss of productivity? I feel like AI is no longer a "gain" but rather simply a requirement to compete.
Productivity gain or loss is in comparison to something else. In the article “using AI” is compared “not using AI.” So, the question is, what converse do you want to study? “Not using AI” compared to what?
Re: CEOs admit AI had no impact on employment or productivity
#63They all know that, and we all know that.
So we are all in this "scheme".
Re: CEOs admit AI had no impact on employment or productivity
#64Then why the layoffs???
The economy is shit. They make the layoffs but instead of saying we're scaling down, they present it as AI related productivity gains.
Just spin for not exactly bright small time stock holders.
Re: CEOs admit AI had no impact on employment or productivity
#65Are businesses all running on sunk cost fallacy now? These findings have been coming out for a while but it doesn't seem to change anything.
It seems like that because economic bubbles can last a lot longer than just 3 years. We are also in one of the longest credit cycles ever(2009 - Present) which has exacerbated this behavior.
Re: CEOs admit AI had no impact on employment or productivity
#66AI isn’t going away, but it’s also clear the much promised impacts aren’t there and aren’t coming anytime soon. A bit like the claims a few years back that we’d all have self driving cars by now. The most likely outcome is an AI bubble correction that will be somewhat painful and wipe out many/most AI startups, followed by AI settling into day to day in a way that’s useful and found in many places, but not world-as-w…
Was there any recent technology that really delivered what was the general promise?
Starlink is pretty darn good.
Re: CEOs admit AI had no impact on employment or productivity
#67Earlier quoted context omitted.
WE do have self driving cars with Waymo data showing it is clearly better than human drivers in certain markets like Phoenix. It is human regulations, laws and the general societal unease that is preventing a total rapid change. In fact a Robotaxis only urban area which is continuously mapped might be feasible today and probably could even reduce the no of cars needed for the population making it accessible to many m…
AI has the same problem. It’s not that it doesn’t work, but that folks just aren’t all that interested in adopting it at scale. Tech makes this “build it and they will come” error a lot. The tech is quite good, but it’s all the non tech aspects of this that are why it’s not getting impact at scale.
The tech is good but not as good as advertised: note how Microsoft is simultaneously running ads saying Copilot can run your business and claiming it’s only for entertainment purposes in the EULA? Self-driving vehicles have a similar struggle where the manufacturers talk about the capabilities but aren’t willing to sign a legal agreement accepting liability for errors except in the easiest situations (and in the case of Waymo, only with pliable governments and control so they could immediately halt operations in the event of a major problem).
That’s more “build part of it, say you built all of it, and wonder why they don’t come”.
Re: CEOs admit AI had no impact on employment or productivity
#68Earlier quoted context omitted.
No, it’s actually the same issue with AI in a lot of cases. In perfect conditions it can work reliably, but outside of that it falls apart in a way humans don’t.
This has not been my experience with Waymo. I drove a total of about ~3.5 hours in Waymos in LA when I was visiting and their robustness to very unusual situations absolutely floored me. I am sure you can find truly out-of-distribution cases where the car will make a mistake, but the data shows that this is more rare than a human driver making a mistake.
How many times did they need remote assistance? Those teams aren’t driving remotely but Waymo doesn’t pay for entire groups to exist without need.
Re: CEOs admit AI had no impact on employment or productivity
#69Then why the layoffs???
Reducing opex to invest more into capex (at least for companies that can like MSFT etc)?
Re: CEOs admit AI had no impact on employment or productivity
#70My company has pushed engineering all-in for AI in the last few months Our stock price has also gone down 70% in the last few months Naturally, we're pivoting our platform to put AI front and center
The beatings will continue until moral improves
Don't you mean morale? Businesses are basically amoral by desi....ooooooooh. I see what you did there.