4 ms·
No one in the world knows within an order of magnitude what the effects of AI will be on hiring in 2030. To pretend otherwise is foolish.
by iambateman 2y ago
No one in the world knows within an order of magnitude what the effects of AI will be on hiring in 2030.
To pretend otherwise is foolish.
- WhyOhWhyQ 2y agoWithout looking at the actual report, it is a pretty meaningless statistic. Maybe it's more significant by job category, but if hiring can either go up or down, and you say about half think it's going down, you haven't suggested a non-trivial conclusion.
- toss1 2y agoYUP They also predicted that the personal computer on everyone's desk, and every major software category, etc. would reduce employment. It just made more work
- o11c 2y agoI can guarantee that AI will be used as an excuse to lower wages.
- RIMR 2y agoTo be fair, businesses will use any excuse they can find to lower wages.
- lotsofpulp 2y agoI also shop around for lower prices. I think many people do, at both work and at home.
- wahnfrieden 2y agoCompanies will pay as much as the market requires them to, and they will even illegally collude to manipulate that market (eg Steve Jobs) and strive to atomize workers against coordinating for better pay and conditions (while themselves coordinating via C-level social groups, investors and wage & benefits consultancies for market research data and guidance)
- fuzztester 2y agoTo be unfair, you mean.
- bigstrat2003 2y agoI don't think that's an accurate framing. Businesses and employees are inherently in a relationship where they want pay to go in different directions, because they don't have the same shared interest. Exploitative labor practices are real, but it's not reasonable to argue that all lowering of labor costs is unfair, any more than it would be reasonable to argue that any employee getting his salary increased is unfair.
- thefaux 2y agoAt this point in time in most US employment sectors, I believe employers have the upper hand over employees and are squeezing them. Under a different set of laws and courts, the balance could shift the other way. But we have seen a massive wealth transfer from the poor to the wealthy and from the young to the old over the last 40 years and the labor market in part reflects the inequality that wealth transfer creatwd.
- ryandrake 2y agoAnd the US just voted back in the political party whose goals include increasing inequality, helping employers keep the upper hand, squeezing workers, and accelerating that transfer from the poor to the wealthy. It’s going to get much worse before it even has a chance to get better.
- fuzztester 2y ago>I don't think that's an accurate framing. Maybe not in theory, but it is in practice. Whereas, referring to the rest of your comment, it may sound right in theory, but doesn't work in practice. Related replies by thefaux: https://news.ycombinator.com/item?id=42652732 https://news.ycombinator.com/item?id=42652732 and ryandrake: https://news.ycombinator.com/item?id=42652908 https://news.ycombinator.com/item?id=42652908 also agree with what I said.
- fuzztester 2y agoSteve jobs emails Eric Schmidt: https://news.ycombinator.com/item?id=38769203 https://news.ycombinator.com/item?id=38769203 ------ greenyoda on Dec 26, 2023 | next [–] https://nitter.net/TechEmails/status/1443263744906305543 https://nitter.net/TechEmails/status/1443263744906305543 Context: > High-Tech Employee Antitrust Litigation is a 2010 United States Department of Justice (DOJ) antitrust action and a 2013 civil class action against several Silicon Valley companies for alleged "no cold call" agreements which restrained the recruitment of high-tech employees. > The defendants were high-technology companies Adobe, Apple Inc., Google, Intel, Intuit, Pixar, Lucasfilm and eBay, each of which was headquartered in Silicon Valley, in the southern San Francisco Bay Area of California. > The civil suit was filed by five plaintiffs. It accused the tech companies of collusion between 2005 and 2009 to refrain from recruiting each other's employees. https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L... oldgradstudent on Dec 26, 2023 | parent | next [–] But why a civil suit? This is a criminal matter. It should not be too hard to prove criminal intent : > A few months later, Schmidt instructed a fellow exec not to discuss the no-call list other than “verbally,” he wrote in an email, “since I don’t want to create a paper trail over which we can be sued later?” https://www.motherjones.com/politics/2014/02/google-apple-cl https://www.motherjones.com/politics/2014/02/google-apple-cl... bryanrasmussen on Dec 26, 2023 | root | parent | next [–] ok well obviously "why not both" would be the rejoinder, but I'm not actually sure I follow the reasoning that this is a criminal law matter? greenyoda on Dec 26, 2023 | root | parent | next [–] There was both a civil suit (brought by five employees) and a criminal complaint brought by the DOJ. The criminal complaint was about a violation of antitrust law: > On September 24, 2010, the United States Department of Justice Antitrust Division filed a complaint in the US District Court for the District of Columbia alleging violations of Section 1 of the Sherman Act. In US v. Adobe Systems Inc., et al., the Department of Justice alleged that Adobe, Apple, Google, Intel, Intuit, and Pixar had violated Section 1 of the Sherman Act by entering into a series of bilateral "No Cold Call" Agreements to prevent the recruitment of their employees... https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L... oldgradstudent on Dec 26, 2023 | root | parent | next [–] Complaint against companies, not against individual actors for some reason. The final judgements in both resulted in meager compensation and achieved zero deterrence. Why haven't Eric Schmidt or Steve Jobs spent a single day in jail or become felons? The DOJ didn't even try. -------
- somenameforme 2y agoNominal wages are basically never lowered, but real wages can be easily lowered by giving out annual raises that are below inflation. Since 2020 the CPI is up more than 18%. [1] So if you're not earning more than 18% than you were then, you're receiving a lower real wage. This is one of the many reasons inflation is such a horrible system. It makes it really easy to invisibly abuse labor. People are trained not to spit on "gifts", but if you received a 2% raise each of the past 4 years, your real wages would now be down by nearly 10%. [1] - https://fred.stlouisfed.org/series/CPIAUCSL https://fred.stlouisfed.org/series/CPIAUCSL
- vkou 2y agoThat is a reason inflation sucks, but there are many reasons for why alternatives suck even more. Deflation strangles the economy, while basing your monetary supply off the amount of metal you dig out of the ground results in a tag-team of uncontrollable deflation and inflation taking turns. Unless you're planning on doing away with money entirely, it's the best of all possible worlds.
- logicchains 2y agoThe American economy was more stable and grew at a higher rate in the 100 years before persistent inflation policies were adopted than in the 100 years after.
- vkou 2y agoIt hasn't been 100 years since it left the gold standard, and in the hundred years prior, the country was industrializing and electrifying and experiencing exponential population growth, and picking all the other low-hanging fruit of easy economic gains. But yes, if we focus on a single cherry-picked difference between two dramatically different time periods, we can spin any spherical-cow narrative we want.
- gruez 2y ago>but real wages can be easily lowered by giving out annual raises that are below inflation. Since 2020 the CPI is up more than 18%. [1] So if you're not earning more than 18% than you were then, you're receiving a lower real wage. If you looked around on the same st louis fed site, you'll see that real (ie. inflation adjusted) wages has not gone down. https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q
- jasdi 2y agoI can guarantee the opposite will happen. Just have to read some history. A great example is the Gilded Age and what followed after the peak. Why didn't the grand masters like Rockefeller, Carnegie, JP Morgan control where the story went? How did the system prop up an Ida Tarbell, Upton Sinclair or Teddy Roosevelt? Similarly when interesting characters like that don't emerge eg China or Russia the story goes in very different directions for the people who run Companies. Companies and what they are upto can look very mesmerizing but they really aren't. The British East India Company had more resources and land than the British Govt yet where are they today? Firms (or any large grouping) and what ever they believe, are a part of much larger systems. They are not The System but part of the Ecosystem. People inside and outside the firm forget that all the time. History is full of examples of what happens after that. Another great example is why did Central Banks emerge all around the world? What do you think was happening before when the power to issue Currency was in the hands of individual Banks or Kings? If AI does replace jobs massively we will get UBI type systems just like we got Central Banks whose goal is Ecosystem Stability.
- chii 2y ago> If AI does replace jobs massively we will get UBI type systems wishful thinking. A more viable and realistic alternative is to let those who are useless post-ai to die. UBI only works if the production of resources is "free", and i do not foresee such a future until the entire globe is united under one gov't, and we become a type I civilization capable of harvesting all energy on the planet.
- YetAnotherNick 2y agoEveryone in the world knows that with current AI, you need probably a quarter of content writers to deliver the same output. To pretend that there is a possibility that there would be no effects on hiring is foolish. Not saying it would increase unemployment, just shift the work.
- Pxtl 2y agoIf you could replace 3 of your 4 writers with gen AI then they weren't writing content they were writing filler. AIs write noise, not signal.
- brigandish 2y agoIt’s irrelevant whether they were writing filler or not, they had jobs, and someone was paying them, which means their produce had some value, both to the publisher and the consumer. Otherwise, they’d simply be cut at some point, not replaced.
- lucianbr 2y agoBy this reasoning mob enforcers produce value to the society too. They have jobs, get paid and so on. So no, it's not true. Just because someone was paid it does not mean they produced some value. The filler might have been a way to trick consumers into paying attention to ads. This is valuable for the company with the ad, but not the consumer.
- brigandish 2y ago> By this reasoning mob enforcers produce value to the society too. I didn't write that they were producing value to society. Nice way to misrepresent an argument. Also, mob enforcers produce value to their employers, which is who pays them. Who pays the writers making filler? They're the ones who see the value in it, what does society have to do with their arrangement?
- roncesvalles 2y ago
- Juliate 2y agoAlso no one knows what the main events/news drivers will be in 5 years: climate, water, energy, war, peace? AI and economics, employment are way too little of concern at this point.
- llm_trw 2y agoThe more I work with Ai the more I feel like a programmer in 1950 dreaming about the www. It will get here eventually, but barely within my lifetime and only if hardware keeps advancing the way its been for decades.
- otabdeveloper4 2y agoI'm not sure hardware is the bottleneck here. I've had "AI" regurgitate reddit and 4chan threads verbatim to me. What happens when this mine of free data runs out? (Basically it already has, in no small part due to the effects of "AI" itself.) Will we need to actually pay creators for content? Seems economically unfeasible, the cost of content creator + AI is more than just hiring the content creator directly.
- llm_trw 2y agoHardware is very much the limit. The more compute you have to train your models the better the models become. I've been working on a family of (new) deep learning models which outperform everything else that's been published, at between x1e3 to 1e9 the compute on the same data. If I had the GPT4 training cluster I'd be able to run it on cifar10 without having to make sacrifices, yes 32x32 color images solved with a trillion parameters.
- tarsinge 2y agoAs a small business (5 person) owner AI increased our productivity and our margin so I look forward to hiring more people. There is something strange with big companies only looking to reduce staff, are we unofficially in a recession?