Sorry watch the video last night, but Sanders thinks this is AI. No folks its not and the bubble going pop. I love Sanders but this fear mongering was not necessary.
Mkay. I work in the industry, and everything he said is quite on point.
Unless you want to clarify, it seems you have zero clue as to what you are talking about about.
Forgive my ignorance, where has AI (particularly the LLMs) proven to be useful and effective to the point of displacing workers? While I understand it has use cases (drug discovery, etc.) they usually add to what information experts add onto it. I don’t see this just displacing corporate roles. How do you see it?
Every single study I’ve seen, LLMs have not been proven to be effective. They still get things wrong, hallucinate and still need to be checked to verify they’re correct on any important work.
Every major tech company that has laid off devs and will absolutely continue doing so. Smart devs gain insane amounts of productivity out of it, and that’s only accelerating.
Entry-level hiring has plummeted, with no signs of that changing. They don’t care what happens in 5-10 when they need new mid- or senior-level devs. It won’t be their problem by then.
What you’re disregarding is Covid era over hiring, higher interest rates, and the world wide tariffs that killed off the labor market. There was a downward trend well before OpenAI launched Chat and kicked off the LLM/AI hype train. There have been the most layoffs this year since 2020 on top of that.
It’s not about their actual effectiveness, it’s about the justification people use to force more “AI” reasons to fire people, reduce pay, eliminate jobs, and so on, and so on…
Literally the first point in this speech, though broad, is making that case. A very small number of people are forcing this shit down people’s throats, and using it to justify the loss of monumental numbers of jobs.
Feel free to look up Amazon’s upcoming waves of layoffs, Salesforce, Google, HP…etc. Amazon alone claims they will be replacing 150k jobs in the US alone in the next year with robots. Again, first point brought up by Bernie.
To me, it is just making the M7 stocks meme stocks. None of them have proven themselves yet. It is all just hype currently. Part of the reason for their layoffs is literally to refocus on AI, not because AI replaced their roles.
I question how this plays out longer term once interest rates are dropped and tariffs are likely struck down. I don’t see AI replacing many roles.
Sure you would say that, your industry that part of the problem. I bet you get rock hard hoping everything he says comes to pass.
What in the world are you talking about? You’re not making any sense between comments.
