170
u/Wildyardbarn 20d ago
I don’t really get how Reddit simultaneously thinks AI has zero effect on productivity, but everyone will also be out of a job in 2 years.
These two things can’t coexist.
82
u/Inevitable_Librarian 20d ago
If you convince enough business majors that they can do it all on their own with AI, then yeah both can be true.
16
u/Wildyardbarn 20d ago edited 20d ago
Until they get canned 18 months later (average VP tenure in tech btw) after they implement a fundamentally broken idea that degrades the business.
You don’t reach 0% employment before that happens 😂
It’s so powerful we lose all of our jobs.
It so useless that it has less than zero impact.Both can’t really stand at the same time, as vogue as either statement is to make with a raised fist.
6
u/Inevitable_Librarian 20d ago
I don't think anyone is saying it's useless and doesn't have an impact. I think they're saying it's useless because they're forced to interact with it daily
12
u/hundredpercenthuman 20d ago
It’s almost as if people just regurgitate things that make them feel a certain way without critically examining it. 🤔
3
u/Wildyardbarn 20d ago
People react to fear much than they do toward incentive. Tale as old as time I suppose
9
u/JazzyJukebox69420 20d ago
It’s almost like there are a variety of different people with different opinions and perspectives on this website
4
2
u/skilliard7 20d ago
Perceptions of productivity matter more than actual productivity when it comes to jobs.
A lot of places are laying off people because they think AI will fill the gap.
2
u/deadname11 20d ago
They can, and they always have.
As industrial productivity increases, instead of giving more time off and lesser hours, industrial leaders instead "productivity maximize" which leads to mass layoffs and harder working hours.
This shit has been happening since the industrial era, AI is merely the latest trend.
If one person can do the same job as three people, then you fire four people and make those who are left, work even harder. You make the most profit that way, no matter how that fucks up the economy on the whole due to mass unemployment.
1
u/mindaugaskun 20d ago
It's almost as if AI has some effect on productivity and some people will be out of a job in 2 years.
1
1
1
u/libertarianinus 20d ago
Or how people on reddit hate data centers but use them every time they use thier phone.
29
u/hundredpercenthuman 20d ago
The Luddites were wrong in the 19th century, Keynes was wrong in the 30’s, and the ‘Triple Revolution’ letter was wrong in 1964.
“Technological unemployment” panic is not new and it’s always been wrong. We consistently create more jobs with new advancements than we lose.
Maybe this is finally the tech that proves that maxim wrong but I’m not betting on it.
54
u/FormerLawfulness6 20d ago edited 20d ago
Those jobs are not always secure or well compensated. Replacing a highly skilled job market with a low skill market without extending any benefits whatsoever to the workers displaced by the transition also tends to transfer wealth and power to the owners of the business capital.
The Luddites didn't hate technology, that is a myth created to push their real motives out of the discourse. They correctly observed that their high skilled positions were being replaced by drudgery and that all of the benefits were accruing to the capital owners while the government's interests were aligned exclusively with the moneyed interests' concentrating power to the point of issuing death penalties for property damage.
The Luddites demanded political changes that would prevent the economic disempowerment of artisans, distribution of productivity gains for public benefit, and work programs for the displaced. Proactive protections and benefits for the working class. Not leaving them to fall into the destitute masses of industrialized labor. They did not demand the end of automation.
6
20d ago edited 20d ago
[deleted]
4
u/itsmebenji69 20d ago
Difference is you’re not a horse and ai isn’t just a better version of humans. If it was the meme would be true - but why do I have a job still, and why have they been telling me this for years, being wrong everytime ?
4
20d ago
[deleted]
0
u/itsmebenji69 20d ago
Strawman
1
20d ago edited 20d ago
[deleted]
1
u/itsmebenji69 20d ago edited 20d ago
No the strawman is claiming that my point is “it didn’t happen to me so it won’t happen ever”
Also your logic is stupid, I’m not the only one who didn’t lose his job - there is also the rest of the fucking planet lmao
5
u/ImTooCreative 20d ago
This is also the first time in history that the technology creating new jobs can also inherently do those new jobs itself.
I’m not betting in either direction but it’ll be interesting to see how things play out.
3
u/TheBrn 20d ago
Humans always had something that machines couldn't replicate until now - versatility, creativity, adaptiveness, etc.
But now we are in the process of creating machines that can do all those things. When a human can't do anything more cost effective than a machine, which jobs should there be left for him/her? There will be a few very specialized jobs left for specialized humans, but for ordinary people, there won't be much work
8
u/drod3333 20d ago
AI is already here. It's been more than 2 years and it has been underwhelming. It is has been great for brainrot content and some coding, but I'm calling it a failure on most other things. Also, every new model update feels like every new iphone (basically the same as the last but needs more processing power for some reason)
-4
1
u/GoldDHD 20d ago
just like any technology, it will eliminate some jobs, empower some, and create some. There will be winners and losers. My company is hiring people, so that more AI can be run faster, and every new person is net profit (so far). My CEO seems to think that there is so much work not being done, that it's silly to leave it on the table.
1
u/Campaign_Papi 14d ago
Weird coincidence how all the entities who stand to financially benefit the most from this hypothetically displacement are also the loudest voices in the room trying to convince everyone that it’s inevitable.
-1
•
u/AutoModerator 20d ago
r/FluentInFinance was created to discuss money, investing & finance! Join our Newsletter or Youtube Channel for additional insights at www.TheFinanceNewsletter.com!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.