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> There are remarkably few actual success stories of AI actually replacing employees directly. If I employ 100 people, and AI makes them 10% more productive, t
by odie5533 1y ago
> There are remarkably few actual success stories of AI actually replacing employees directly.
If I employ 100 people, and AI makes them 10% more productive, then I only need 90 people now to do the same work. AI doesn't have to replace people 1:1 for it to result in job losses. It just needs to increase productivity (or be seen to even).
And you might think 100 people that are 10% more productive now I have 110! But that's not how corporations work. When they have extra money, they don't invest it in R&D. They do stock buybacks. And when they have extra productivity, they do layoffs and stock buybacks.
- moduspol 1y ago> If I employ 100 people, and AI makes them 10% more productive, then I only need 90 people now to do the same work. I think it's yet to be seen that AI actually makes people 10% more productive, and further, that getting a task done 10% faster actually means they have 10% more time that is actually used for additional tasks. And more bluntly: I think if it actually were happening, it'd be a lot more plainly obvious to all of us. The pressure from the C-suite to integrate AI into our workflows has been widely noted.
- bluefirebrand 1y agoIt would be insanely obvious if this was actually happening but instead we are seeing a massive economic downturn So it's all fairy tales and unicorn farts as far as I'm concerned