8 ms·

Pain in the Tech Industry Is Beginning to Hit the Rest of Us

18 points by RestlessMind 4y ago

sposeray 4y ago
[dead]
neonate 4y ago
https://archive.ph/G8Dld https://archive.ph/G8Dld
echelon 4y ago
Here come the bears, on time as usual. We were -- and remain -- doing just fine. Layoffs were due to zealous overhiring. The interest environment and recessionary fears have put a slight chill on advertising, but business as usual continues throughout the economy. Especially as the supply chain roars back to normal. SVB was black swan caused by a weird macro and confluence of errors. There's no contagion. And while a few other banks did similarly dumb things, most will be unscathed. Chase and Bank of America are going to be just fine. Moreover, the AI tech boom has just begun, and if anything, we'll be entering a new renaissance of tech in just a few years that will make cloud/cellphone/web1.0 look small by comparison. If I were a journalist, I'd be more concerned tech was going to eat my journalism job by making it possible for every human to ingest a personalized news feed they could digest in just ten minutes that removed all the ads and negativity.
- Apocryphon 4y ago
  Wait, what corpus is the AI going to actually consume to generate that news feed? Police blotter reports, press releases, and tweets?
  - pksebben 4y ago
    none of those are bad ideas, really. it's not like there aren't plenty of "journalists" who are doing just that, and for them, I'd prefer the capability to turn down the temperature on the output.
- johnthescott 4y ago
  well written. "flapdoodlery is rampant" sayeth the fakeyou.
  - echelon 4y ago
    Speaking of FakeYou and the subject at hand, we're building a 24/7 AI-powered news channel. Super early demo: https://www.twitch.tv/videos/1746464254 https://www.twitch.tv/videos/1746464254 We've now got a whole news and studio setup and can tailor the news for your interests. I really do think cable news and news radio is heading towards irrelevancy.
bbbbzzz1 4y ago
Saying big tech workforces are shrinking is true in the literal sense but is misleading when you look at it at a bigger picture with the hiring frenzy that went on the last 2 years
jacknews 4y ago
Of course, and by design; the fed are obsessed with curbing inflation, and the best way to do that now is to very conspicuously try to curb wage demands (supply of goods is constrained for it's own reasons, so not amenable to monetary tinkering), starting with an obvious, well-known, and somewhat easy target.

18 points by RestlessMind 4y ago

sposeray 4y ago

[dead]

neonate 4y ago

https://archive.ph/G8Dld https://archive.ph/G8Dld

echelon 4y ago

Here come the bears, on time as usual. We were -- and remain -- doing just fine. Layoffs were due to zealous overhiring. The interest environment and recessionary fears have put a slight chill on advertising, but business as usual continues throughout the economy. Especially as the supply chain roars back to normal. SVB was black swan caused by a weird macro and confluence of errors. There's no contagion. And while a few other banks did similarly dumb things, most will be unscathed. Chase and Bank of America are going to be just fine. Moreover, the AI tech boom has just begun, and if anything, we'll be entering a new renaissance of tech in just a few years that will make cloud/cellphone/web1.0 look small by comparison. If I were a journalist, I'd be more concerned tech was going to eat my journalism job by making it possible for every human to ingest a personalized news feed they could digest in just ten minutes that removed all the ads and negativity.

Apocryphon 4y ago
Wait, what corpus is the AI going to actually consume to generate that news feed? Police blotter reports, press releases, and tweets?
- pksebben 4y ago
  none of those are bad ideas, really. it's not like there aren't plenty of "journalists" who are doing just that, and for them, I'd prefer the capability to turn down the temperature on the output.
johnthescott 4y ago
well written. "flapdoodlery is rampant" sayeth the fakeyou.
- echelon 4y ago
  Speaking of FakeYou and the subject at hand, we're building a 24/7 AI-powered news channel. Super early demo: https://www.twitch.tv/videos/1746464254 https://www.twitch.tv/videos/1746464254 We've now got a whole news and studio setup and can tailor the news for your interests. I really do think cable news and news radio is heading towards irrelevancy.

bbbbzzz1 4y ago

Saying big tech workforces are shrinking is true in the literal sense but is misleading when you look at it at a bigger picture with the hiring frenzy that went on the last 2 years

jacknews 4y ago

Of course, and by design; the fed are obsessed with curbing inflation, and the best way to do that now is to very conspicuously try to curb wage demands (supply of goods is constrained for it's own reasons, so not amenable to monetary tinkering), starting with an obvious, well-known, and somewhat easy target.