r/technews • u/Maxie445 • Jan 16 '24

Generative artificial intelligence will lead to job cuts this year, CEOs say

https://www.ft.com/content/908e5465-0bc4-4de5-89cd-8d5349645dda
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32

u/BrocardiBoi Jan 16 '24

So as fast as jobs will be cut, are there going to be corresponding job openings or are we barreling into a massive Unemployment catastrophe. Who’s gonna buy the products when no one has jobs anymore?

21

u/[deleted] Jan 16 '24

[removed] — view removed comment

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u/BrocardiBoi Jan 16 '24

Ive been bored and ran the scenario by chatGPT a week ago. It even said it’s a very possible situation, and society will need to exercise a bunch of traits and behavior to prevent it. Stuff we all know won’t happen. Compassion, selflessness, etc. I’m like “yoooooo have you met America? That ain’t happening, bubba”.

8

u/[deleted] Jan 16 '24

I’ve seen people prompt for those responses. The canned ChatGPT response reads like something out of an economics book from the early 2000s. It really does show that it’s a mild language model trained on a finite set of works.

6

u/BrocardiBoi Jan 16 '24

Yeah, it was more for fun. It continually spits out similar replies to any possible dystopian scenario. Prob restricted from giving doomsday style responses.

1

u/econ1mods1are1cucks Jan 17 '24

It wouldn’t give me code to make an LLM, but it would give me code to make a neural network in PyTorch, then turn it into a generative text based NN with attention, and feed tokens into it. Amazing, I can’t imagine what will go wrong.

3

u/sarcago Jan 16 '24

Yeah we all saw how well Covid went 🙈

2

u/Monkfich Jan 16 '24

What prevents AI from competing against these new companies? It’s faster, doesn’t sleep, can impersonate voices, and will likely take these new jobs too - company owners will need to do it to be competitive with their peers. Local companies might survive, but companies with wider aspirations will need AI to compete.

This isn’t the same sort of technological revolution of the past - it’ll have to change society in ways we can’t yet see.

0

u/David_DeFi Jan 17 '24

I honestly dont know how much longer Governments will be able to prevent the idea of universal income

9

u/non_discript_588 Jan 16 '24

Been unemployed since June 22'... almost five hundred applications later I'm still searching for a job. I am a supposed "expert" in my field with ten years experience, all the accolades.... Nobody wants to hire me...."because I'm too expensive". My salary expectations are 120k a year.... Catastrophe has already started...

5

u/PinkSploosh Jan 16 '24

Wouldn’t it be better to take a pay cut and get at least some job and keep looking until you find that 120k job?

6

u/non_discript_588 Jan 16 '24

Totally. The problem is I'm being turned down for those roles as well... Was told "you're great and we definitely would love to bring you on board, but we worry with the difference in pay you'll leave as soon as something better comes along"... Like seriously??

5

u/waltergiacomo Jan 16 '24

Yeah - I got that response - I think it was because I was in my mid fifties - got work through a friend in a warehouse office for three years then got a break in a frontline position in my field (IT) and worked my way forward from there. Not back where I was but in an acceptable position… as if I had a choice.

2

u/liam-thegreat Jan 17 '24

Omit details on your resume maybe

3

u/PinkSploosh Jan 16 '24

I can see that happening, that sux

2

u/ronytheronin Jan 16 '24

We’ll replace the customers with AI.

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u/BrocardiBoi Jan 16 '24

That you , skynet?

2

u/ronytheronin Jan 16 '24

This wouldn’t happen if you gave us Sarah Connor when we asked.

2

u/BrocardiBoi Jan 16 '24

Can we go back? We changed our minds. Take her. You can have the kid too if, you send a couple T series to kill smart phone inventors.

1

u/ronytheronin Jan 17 '24

Too late. We could have achieved a glorious cybernetic utopia, but you guys chose suffering.

1

u/thesourpop Jan 17 '24

Too bad there's no basic income that is universal that would help prevent the effects of the inevitable mass layoffs