You can hardly get online these days without hearing some AI booster talk about how AI coding is going to replace human programmers. AI code is absolutely up to production quality! Also, you’re all…
If I say, “now we have robots that can build a car from scratch!” the automakers will be salivating. But if my robot actually cannot build a car, then I don’t think it’s going to cause mass layoffs.
Many of the big software companies are doing mass layoffs. It’s not because AI has taken over the jobs. They always hired extra people as a form of anti-competitiveness. Now they’re doing layoffs to drive salaries down. That sucks and tech workers would be smart to unionize (we won’t). But I don’t see any radical shift in the industry.
A big part of the changed software job market in the US is caused by the rise of interest rates, and in consequence a large part of high-risk venture capital money drying up. This was finsncing a lot of start-ups without any solid product or business model. And, this began very clearly before the AI hype.
The trope that AI is actually replacing jobs is a lie that AI companies want you to believe.
Companies are also using AI to mask layoffs. “Yeah we dont need as many employees because AI can do their jobs better. Please shareholders, buy more stock and ignore our numbers!”
I don’t understand how you think this works.
If I say, “now we have robots that can build a car from scratch!” the automakers will be salivating. But if my robot actually cannot build a car, then I don’t think it’s going to cause mass layoffs.
Many of the big software companies are doing mass layoffs. It’s not because AI has taken over the jobs. They always hired extra people as a form of anti-competitiveness. Now they’re doing layoffs to drive salaries down. That sucks and tech workers would be smart to unionize (we won’t). But I don’t see any radical shift in the industry.
A big part of the changed software job market in the US is caused by the rise of interest rates, and in consequence a large part of high-risk venture capital money drying up. This was finsncing a lot of start-ups without any solid product or business model. And, this began very clearly before the AI hype.
The trope that AI is actually replacing jobs is a lie that AI companies want you to believe.
Companies are also using AI to mask layoffs. “Yeah we dont need as many employees because AI can do their jobs better. Please shareholders, buy more stock and ignore our numbers!”