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The rise of AI isn't causing a drop in tech jobs. Its the crazy over hiring that happened during 2020/2021, the lack of confidence in the economy, and rising in
by warbeforepeace 4y ago
The rise of AI isn't causing a drop in tech jobs. Its the crazy over hiring that happened during 2020/2021, the lack of confidence in the economy, and rising interest rates.
The AI boom overall will most likely add more jobs to tech with everyone wanting to invest resources in it.
- scaramanga 4y agoNot even. It's the total failure of management to find any useful work for those people to do. They are supposed to be the smart guys who make the big bucks in return for efficiently allocating capital to productive activities. They, apparently, couldn't think of any productive activities, and instead have spaffed it up the wall inventing "taxis, but worse", an automatic plagiarizer, and a variety of unprofitable websites whose goal is to herd and trap users before making the website shit in exchange for money so they can milk cash from entrapped users before a competitor manages to scale their moat. It's bizarre considering the scale of problems humanity faces (not even including the serious stuff like climate change) that these people cannot find any useful work for all those talented hands to be set to. People are right not to have confidence in a system that seems to so have obviously and clearly failed to do things that you imagine any reasonably bright person would be able to do (ie. find useful and profitable things for talented people to get on with, given an unlimited free-money faucet for a decade and a half).