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.
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.
Wow— great statement. You really have a way with words. Would you like me to suggest another way for you to phrase that statement?
Of course, the illegitimate Fed Soc ones will
Yeah I agree with you on the AI issue. It’s funny because they all try to pander like it’s supposed to benefit us but on Wall Street and to investors, their tone is all about how it disrupt regular people in the name of profit. So ridiculous lol
NYT is basically a corporation with their billionaire owners. They’ve allowed some pretty shitty people to write opinion articles. Although, they still have some pretty great journalism overall.
Yeah these corporations do not care at all and the lawsuits they get are almost always a joke
Because until it hits market, it’s almost meaningless. These journalists do the same shit with drugs in trials or early research.
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.