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How AI is affecting productivity and jobs in Europe

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71–80 of 144 posts

Re: How AI is affecting productivity and jobs in Europe

#71
post #5

FWIW, these studies are too early. Large orgs have very sensitive data privacy considerations and they're only right now going through the evaluation cycles. Case in point, this past week, I learned Deloitte only recently gave the approval in picking Gemini as their AI platform. Rollout hasn't even begun yet which you can imagine is going to take a while. To say "AI is failing to deliver" because only 4% efficiency i…

4% isn’t failure! A 4% increase in global GDP would be a big deal (more than what we get in a whole year of progress); and AI adoptionis only just getting started.

Re: How AI is affecting productivity and jobs in Europe

#72
post #39
post #5

FWIW, these studies are too early. Large orgs have very sensitive data privacy considerations and they're only right now going through the evaluation cycles. Case in point, this past week, I learned Deloitte only recently gave the approval in picking Gemini as their AI platform. Rollout hasn't even begun yet which you can imagine is going to take a while. To say "AI is failing to deliver" because only 4% efficiency i…

> Rollout hasn't even begun yet which you can If rollout at Deloitte has not yet begun... How on earth did this clusterfuck [0] happen? > Deloitte’s member firm in Australia will pay the government a partial refund for a $290,000 report that contained alleged AI-generated errors, including references to non-existent academic research papers and a fabricated quote from a federal court judgment. [0] https://fortune.com…

Haven't even read the source, but I like how it's "a partial refund". The chutzpah to deliver absolute nonsense[0] and then give a partial refund!

[0]: If it contains references to nonexistent papers and fabricated quotes, the conclusions of the report are highly doubtful at best.

Re: How AI is affecting productivity and jobs in Europe

#73
This is tongue in cheek but my point is the behavior of these companies, their relentless PR, and the looming liquidity crisis they are causing seems like a coordinated plan. Consumer confidence is certainly being crystalized by rumors of all kinds and businesses are made up of consumers. If the fact checkers are LLMs themselves how does one even begin to figure out the truth?

This is just a little wikipedia adlib I did to illustrate my point. (double posted)

"The Phoebus.AI cartel was an international cartel that controlled the manufacture and sale of computer components in much of Europe and North America between 2025 and 2039. The cartel took over market territories and lowered the useful supply and life of such computer components, which is commonly cited as an example of planned obsolescence of general computing technology in favor of 6G ubiquitous computing. The Phoebus.AI cartel's compact was intended to expire in 2055, but it was instead nullified in 2040 after World War III made coordination among the members impossible."

Re: How AI is affecting productivity and jobs in Europe

#74
post #70
post #37

> The EU trails the US not only in the absolute number of AI-related patents but also in AI specialisation – the share of AI patents relative to total patents. E.U. patent law takes a very different attitude towards software patents than the U.S. Even if that wasn't the case: “Specialisation” means that no innovation unrelated to AI gets mind share, investment, patent applications. And that's somehow a good thing? No…

> “Specialisation” means that no innovation unrelated to AI gets mind share, investment, patent applications. And that's somehow a good thing? I don’t think the authors claim we should have 100% specialisation. They just say that the fact that the EU has fewer AI-related patents as a proportion of the total (less specialisation) is evidence that it is behind in AI. That seems reasonable.

Or it's ahead in not–AI.

Re: How AI is affecting productivity and jobs in Europe

#75
post #49

Earlier quoted context omitted.

The killer app for AI might just be unenshittifying search for a couple of years. Then SEO will catch up and we'll have spam again, but now we'll be paying by the token for it. Probably right around the time hallucination drops off enough to have made this viable. I kind of want to become Amish sometimes.

AI automates spam generation so more than likely all hope is lost for the human driven web.

Only the corporate web which values quantity over quality. Have you tried Marginalia Search? It's refreshing, although it doesn't index enough stuff to find what you're looking for, most times.

Re: How AI is affecting productivity and jobs in Europe

#76

[flagged]

Hey! Don't make fun of us! You'd get used to the bottle caps too. Not really that unnoying, except for smoothies, where a bit of the smoothie drips down on the bottleneck and makes everything sticky.

And about the reaction time - politics is in a way expression of the will of the masses. And that depends on how they are informed. They are maybe not yet on point, but they are getting there.

Nowadays people are slowly realizing that Merkel's "all refugees welcome" idea was stupid and can't work. Both ineffective as a means to help people - that's cheapest/most effective closer to their homes. And as immigration policy - getting more hands to work doesn't work with people who refuse to work and refuse to integrate. Part of that refusal comes from locals that are "pro immigrants" on social media, but refuse to live in same neighbourhoods as immigrants or hire them.

More and more people are also realizing that carbon neutrality was often green washing. People are waking up to the fact that execution of good willing ideas with disregard for economic circumstances, or just reality in general, doesn't have good results.

Only the Russian threat is not being realized soon enough. It's not like during cold war, Russia doesn't have the conventional army to conquer even the westernmost tip of Spain.

Or we think it doesn't? Look at how two Ukrainian drone squads owned two NATO battalions of combined tanks & mechanized infantry in latest war exercises. With no losses on their side. We can infer that russian capabilities are more or less similar.

But that drone event aside, the perception of threat in Europe is not uniform. Russia will likely only take everything east of Germany, (at least first, before rebuilding and attacking again). So Italy or Spain won't reduce their social spending to buy/ invest in defence to protect Poland, Czech or Romania.

There also is a slowly forming pro-russian coalition of Slovaks and Hungarians. Who still, to this day, keep buying Russian oil. Yeah, when Putin is laughing that Europe is still buying Russian oil, he's not mentioning that it's just the pro Russian Hungary. Whos prime minister, Orban, is now in threat of loosing next elections. But the USA support is there already, Rubio is helping Orban in campaign for 12th of april elections.

[sarcasm]So to sum up. Yeah, Europeans are waisting energy on bottle caps. But USA is funding pro-russian parties and helping pro-russian politicians. We in Europe can only hope that if Russia attacks, USA will not join the war, because it's becoming quite evident on whos side USA would fight. [/sarcasm]

Re: How AI is affecting productivity and jobs in Europe

#77
post #2

I wonder if web searches used to be pretty productive, then declined as sponsored results and SEO degraded things. Nowadays an ai assist with a web search usually eliminates the search altogether and gives you a clear answer right away. for example, "how much does a ford f-150 cost" will give you something ballpark in a second, compared to annoying "research" to find the answer shrouded in corporate obfuscation.

I used to be able to google a question like that and get an accurate answer within the top 3 results nearly every time about 20 years ago. Then it got worse and worse and became pretty much completely useless about 10 years ago. Now AI will give me a confident answer that is outright wrong 20% of the time or kind of right but not really 30% of the time. So now I ask something using an AI chatbot and carefully word it…

Now Google has an AI answer at the top with links to sources. This streamlines the process.

Re: How AI is affecting productivity and jobs in Europe

#78

Earlier quoted context omitted.

Why is it depressing? Personally, unless the alternative is literally starving, I wouldn't want to do a job that a robot could do instead just so that I could be kept busy. That sounds like an insult to human dignity tbh.

Dignity has no calories, though.

Yeah but it's the job of the elected governments to build and maintain housing, education, social and welfare systems for their population that keep up with the challenges of the times, not the responsibility of the private sector to hold back progress and inefficiency just so more people can stay in employment even if they're not needed anymore.

The governments however have been and continue to be ill prepared to the rising increases of globalisation labor offshoring and automation.

There was a news article yesterday in my EU country about a 50 year old laid off CEO of a small company that continues to be unemployed after a year because nobody will hire him anymore so he lives off welfare and oddjobs and the government unemployment office has no solution.

What happens in the future when AI and offshoring culls more white collar jobs and there will be thousands or tens of thousands of unemployable 50 year old managers with outdated skills that nobody will want to hire or re-train due to various reasons, but they still need to keep working somehow till their 70s to qualify for retirement? Sure you then go to re-train yourself to become a licensed plumber or electrician, but who will want to hire you to gain experience when they can hire the 20-something fresher rather than the 50 year old with bad knees?

Governments are not prepared for this.

Re: How AI is affecting productivity and jobs in Europe

#79
post #2

I wonder if web searches used to be pretty productive, then declined as sponsored results and SEO degraded things. Nowadays an ai assist with a web search usually eliminates the search altogether and gives you a clear answer right away. for example, "how much does a ford f-150 cost" will give you something ballpark in a second, compared to annoying "research" to find the answer shrouded in corporate obfuscation.

Allegedly the 'clear' answer is much easier to manipulate than gaming PageRank ever was:

https://x.com/thomasgermain/status/2024165514155536746

Re: How AI is affecting productivity and jobs in Europe

#80
post #47

Of note, "AI adoption" here means using "technologies that intelligently automate tasks and provide insights that augment human decision making, like machine learning, robotic process automation, natural language processing (NLP), algorithms, neural networks" and not just LLMs.

As far as I can tell "robotic process automation" mostly seems to be the deeply unglamorous process of building stuff to drive old applications that can't be given API access?
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