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The “bloodbath” will be slow but is quite likely to be significant. AI / GP robotic labor will not penetrate the market so much in existing companies, which wi
by K0balt 1y ago
The “bloodbath” will be slow but is quite likely to be significant.
AI / GP robotic labor will not penetrate the market so much in existing companies, which will have huge inertial buffers, but more in new companies that arise in specific segments where the technology proves most useful.
The layoffs will come not as companies replace workers with AI, but as AI companies displace non-AI companies in the market, followed by panicked restructuring and layoffs in those companies as they try to react, probably mostly unsuccessfully.
Existing companies don’t have the luxury of buying market share with investor money, they have to make a profit. A tech darling AI startup powered by unicorn farts and inference can burn through billions of SoftBank money buying market share.
- xpe 1y agoI find this plausible. Is the data starting to show this?
- K0balt 1y agoThere might be some, but I think it’s still early. For the moment, AI is enabling a bunch of stuff that was too expensive or time consuming to do before (flooding the commons with shiny garbage and pedantic text to drive “engagement”. Despite the hype, It’s going to be 2-3 years before AI application really fall into stride, and 3-7 before general purpose robotics really get up to speed.