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Amazon cuts 16k jobs

reuters.com

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Re: Amazon cuts 16k jobs

#841
post #641

Earlier quoted context omitted.

Fake management is far more common than real management. Most of management is centered around hyper-realistic work like activities.

My experience with ex Amazon managers is that they brought a toxic culture and destroyed more value than they created. Some people are so focused on whether they could automate their work output with an LLM to ask themselves if they even should.

An extremely common problem in the wider world too.

Re: Amazon cuts 16k jobs

#842
post #472

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TBH the last 20-30 years was exactly like that but computers were eliminating other peoples jobs for really good profits for the investors and really good salaries for the workers doing the elimination. Before that people were eliminating blue colar workers with highly productive machines and industrial robots. I don't see how eliminating your co-workers is any different. Software ate the world and now AI will eat th…

>> AI will eat the "software professionals" you mean AI will eat everyone, because if software professionals will be automated - all other white collar jobs will be too via software. And then all resources will be poured in hardware and blue collar jobs will be automated too, at least those that have more value.

Software was already at its limits on automation, the last thing automated will be writing code that does the required thing but automating other stuff that wasn’t already automated by software will take some time because will require AI advances in those particular domains.

Re: Amazon cuts 16k jobs

#843
post #503

Earlier quoted context omitted.

Tell you what, why don't we get rid of management altogether and just have a flat org ?

> A few years into the company’s life, founders Larry Page and Sergey Brin actually wondered whether Google needed any managers at all. In 2002 they experimented with a completely flat organization, eliminating engineering managers in an effort to break down barriers to rapid idea development and to replicate the collegial environment they’d enjoyed in graduate school. That experiment lasted only a few months: They r…

Yes this was a joke. Apparently not a well enough known joke, because a bunch of people took me seriously

Re: Amazon cuts 16k jobs

#844
post #502

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Because social animals have hierarchical social structures.

We also have flat social structures, what is your point?

Really? How often and for how many people? Which ones dominate and are more frequent, flat or hierarchical? Which ones do we use for our most complex endeavors?

Re: Amazon cuts 16k jobs

#845

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It's fiat wealth so... write the ledger however. The majority don't care so long as they have enough food and shelter and healthcare. The whole scoreboard based on bank accounts is all made up wankeroo. Let's just have AI avatars fight for gloating rights; Goku beat Superman on PPV so Japan gets to host the inter dimensional cable world cup! And otherwise keep the biologically essential logistics flowing cause that c…

> It's fiat wealth so... write the ledger however I'd like to see a serious study about the word "fiat" and whether it has been used to make a single valid economic argument in the last 30 years (auto maker excluded) Just kidding, I know it has not.

Well, history has those uniquely medieval (or early modern) situations where kingdoms adopt fiat currencies just before they fail. I dunno how much academics discuss those.

Re: Amazon cuts 16k jobs

#846
post #751

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I think he might be the greatest person at failing up who has ever lived. It has to be some kind of savant-like skill. After this he’ll probably become the literal king of the world.

I think he might be the greatest person at failing up who has ever lived. Went bankrupt six times and is still hailed by his followers as an economic genius. Few people can pull that off.

He's going for number 7 it seems

Re: Amazon cuts 16k jobs

#847

Earlier quoted context omitted.

The printing press also led to books changing from being something only rich people had to everyone having books. This also enabled the industrial revolution, as books made literacy worth having, newspapers, and became a great storehouse of knowledge. I.e. it created far, far more jobs than it destroyed.

I have not heard even the most enthusiastic AI booster describe net job creation as a possible outcome. If you have any details on that prediction, I'd be interested to hear what they are.

I mean... you can't think of any ways that AI could actually generate new value? Or more abstractly, of a way that Jevons' paradox can't apply in the case of AI?

Re: Amazon cuts 16k jobs

#848
post #691

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There might be a time when software developers become obsolete, and I don't pretend to know the future, but if today's models are anything to go by then it won't happen any time soon. At the end of the day, there'll still be a need for highly skilled technical experts, whatever that job looks like.

I'll be curious to see how the next generation of highly skilled technical experts will be raised.

I have a nasty suspicion that far fewer of them will be, that CS and SE based professions will end up collapsing and consolidating into a handful of AI megacorporations and a guild-like elite of AI-herders will be what's left.

Re: Amazon cuts 16k jobs

#849

Earlier quoted context omitted.

> Financial analysis is not easier than programming. You don't feed in numbers, turn a crank, and get out correct answers It’s not, but if software engineering is solved then of course so is financial analysis, because a program could be written to do it. If the program is not good enough, then software engineering is not solved. I think this what you were getting at with this part, but it’s not clear to me, because…

I don't think software engineering is ever going to be solved, but financial analysis will definitely never be solved. It's impossible, the nature of it dictates that, whatever changes happen will further change the results. Financial analysis requires novel thinking, and even if you have AGI that can engage in novel thought they will just be another input into the system.

Just like AI, the winners will (continue to) be the ones with the most access to data and the technical and financial capital to make use of it.

Re: Amazon cuts 16k jobs

#850
post #725

Earlier quoted context omitted.

The US was setting itself for quite a recovery in 2024... and for a class war too, so IDK what would get there first.

Mass layoffs started in 2022, there was no setting for recovery in 2024.

Mass layouts started when the government increased the interest rate to fight inflation. By 2024, inflation was already under control, the interest rate was falling slowly, and companies were starting to hire.
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