From the article
Young people entering the workforce are facing a “job-pocalypse”, as business leaders invest in artificial intelligence (AI) rather than new hires, according to a study of global business leaders.
Bosses are prioritising automation through AI to plug skills gaps and allow them to reduce headcount, instead of training up junior members of staff, a report by the British Standards Institution (BSI) found.
Four in 10 (41%) of bosses said AI was allowing them to cut the number of employees in a survey of more than 850 business leaders across seven countries: the UK, US, France, Germany, Australia, China and Japan.
LateToTheParty013 on
tl;dr its not AI takkng jobs, tech bros cutting back because VC had enough of false promises of growth for decade long and stopped the money tap. They are not hiring or even are firing because they have to save money. ITS NOT BECAUSE OF AI
Its misleading completely and its just a false narrative that helps tech bros.
In 2022 VC had enough of tech bros ever promising but never materialising profits. Hey stopped the tap. Because most tech bros never turned profit, or not enough for the investment they pocketed, they never learned how to make profit cuz gRoWtH. Now, the only cheap cost cutting/profit turning method they have is just cutting jobs. This is then perfect narrative for AI, since aI tAkEs jObS, but actually it isnt AI (yet).
I agree, however that there will be a jobpocalypse regardless of ai bubble or not because automation in jobs was long due and in an ai tech bros worst case scenario(so, no agi or no asi), the automation part can bail them out. Which will result in tons of job losses.
LateToTheParty013 on
Also.
95% businesses 0% ROI on AI vs article. So which is it then? Full of bs world
LitmusPitmus on
A part of this nobody is really talking about is Gen Z’s use of AI. I hate using LLMs in my job as I think they are unreliable and outside of Excel formulas i triple check everything anyway and it doesn’t save me much time. Thing is Gen Z is coming in and using LLMs to write their applications, their work, etc. So why hire them? It’s not just my company, my missus complained about it as did my best friend when I spoke to him a few days ago. The gap between the people outsourcing everything to LLMs vs the people who don’t will be so stark. I’m already witnessing it and whenever i try to sound the alarm even on here people just don’t get it. LLMs aren’t good enough to replace people now if you’re actually a good worker imo
4 Comments
From the article
Young people entering the workforce are facing a “job-pocalypse”, as business leaders invest in artificial intelligence (AI) rather than new hires, according to a study of global business leaders.
Bosses are prioritising automation through AI to plug skills gaps and allow them to reduce headcount, instead of training up junior members of staff, a report by the British Standards Institution (BSI) found.
Four in 10 (41%) of bosses said AI was allowing them to cut the number of employees in a survey of more than 850 business leaders across seven countries: the UK, US, France, Germany, Australia, China and Japan.
tl;dr its not AI takkng jobs, tech bros cutting back because VC had enough of false promises of growth for decade long and stopped the money tap. They are not hiring or even are firing because they have to save money. ITS NOT BECAUSE OF AI
Its misleading completely and its just a false narrative that helps tech bros.
In 2022 VC had enough of tech bros ever promising but never materialising profits. Hey stopped the tap. Because most tech bros never turned profit, or not enough for the investment they pocketed, they never learned how to make profit cuz gRoWtH. Now, the only cheap cost cutting/profit turning method they have is just cutting jobs. This is then perfect narrative for AI, since aI tAkEs jObS, but actually it isnt AI (yet).
I agree, however that there will be a jobpocalypse regardless of ai bubble or not because automation in jobs was long due and in an ai tech bros worst case scenario(so, no agi or no asi), the automation part can bail them out. Which will result in tons of job losses.
Also.
95% businesses 0% ROI on AI vs article. So which is it then? Full of bs world
A part of this nobody is really talking about is Gen Z’s use of AI. I hate using LLMs in my job as I think they are unreliable and outside of Excel formulas i triple check everything anyway and it doesn’t save me much time. Thing is Gen Z is coming in and using LLMs to write their applications, their work, etc. So why hire them? It’s not just my company, my missus complained about it as did my best friend when I spoke to him a few days ago. The gap between the people outsourcing everything to LLMs vs the people who don’t will be so stark. I’m already witnessing it and whenever i try to sound the alarm even on here people just don’t get it. LLMs aren’t good enough to replace people now if you’re actually a good worker imo