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ICs dislike this because executives haven't been shy that their goal in increasing productivity with LLMs is to reduce headcount. Additionally, we have 50 year
by atmavatar 7mo ago
ICs dislike this because executives haven't been shy that their goal in increasing productivity with LLMs is to reduce headcount. Additionally, we have 50 years of data showing that increased productivity only marginally increases pay, if at all - all the gains are captured by the executives.
The more appropriate tools for ICs are torches and pitchforks.
- dragonwriter 7mo ago> all the gains are captured by the executives. No, they are captured disproportionately by the haut bourgeois capitalists. The two groups overlap to an extent (when major capitalist are nominally employed by a firm they invest in, it is usually as an executive), but executives qua executives (that is, in their role as top level managerial employees) are not the main beneficiaries of increased productivity.
- simianwords 7mo agoIC's can cry about it because they did the exact same thing to the people they replaced.
- Melatonic 7mo agoOr unions
- 9dev 7mo agoBut what’s your expectations here? Should companies pretend LLMs don’t exist and just continue as before, or do we need some way of acknowledging there’s a new technology that, when put to good use, can increase productivity?
- ryandrake 7mo agoIt remains to be seen whether LLMs actually increase productivity. The jury is far, FAR from delivering the verdict on this one. All I'm seeing out there is blind hope, hype and executive-level excitement about cutting staff.