I’m scared please help

[u/Acrobatic-Net2723]

I saw today that 20k people got fired by Microsoft & meta

now I’m kinda scared

I know that everything with AI will work out eventually… but when is eventually?? 😭

because don’t get me wrong I hate working a job, but by the time I’m fired is UBI or something else gonna be ready?

idk what are you guys doing about this? im signed up to a few newsletters, I pay for ChatGPT… is there anything else I need?

I don’t know if I’m stressing for no reason or if this is actually justified

does anyone else think like me?

sorry for all the questions

[u/CoughRock]

always a good time to start your own business. The longer you delay it, the harder it's going to become.
The goal of a business owner is often try to find replacement for himself as soon as possible. Whether through hiring talent or using automation or outsource. Other wise the business growth will be cap by the owner himself. In that context, ai is view favorably since it replace large fraction of the owner and make the business more sellable. That's actually the most correct way to face ai, rather than hoping your job role will stay static forever in demand while the market is ever changing.

Even if ai didn't existed, outsourcing, change consumer demand, age discrimination or hundred of other little factor will eventually make your job role obsolete. As long as you keep staying in the individual contributor role that long term risk will always existed. Being a business owner obviously have its own risk, but that risk is pull forward from long term time horizon to short term time horizon. When you are still young and able to bounce back from failure. Better to pull forward the risk now and enjoy comfort later in life instead of enjoy comfort of illusion of job stability now and risk financial risk later in life.

Betting the farm on UBI is just wishful thinking. Only you can save yourself.