This is a most excellent place for technology news and articles.
"Ruh-roh, Raggy!"
It's okay. All the people that you laid off to replace with AI are only going to charge 3x their previous rate to fix your arrogant fuck up so it shouldn't be too bad!
Computer science degrees being the most unemployed degree right now leads me to believe this will actually suppress wages for some time
I charge them more than I would if I was just developing for them from scratch. I USED to actually build things, but now I'm making more money doing code reviews and telling them where they fucked up with the AI and then myself and my now small team fix it.
AI and Vibe coders have made me great money to the point where I've now hired 2 other developers who were unemployed for a long time due to being laid off from companies leveraging AI slop.
Don't get me wrong, I'd love for the bubble to burst (and it will VERY soon, if it hasn't already) and I know that after it does I can retire and hope that the two people I've brought on will quickly find better employment.
But surely the next 30 billion they are going to burn will get it right!
My experience with AI so far is that I have to waste more time fine tuning my prompt to get what I want and still end up with some obvious issues that I have to manually fix and the only way I would know about these issues is my prior experience which I will stop gaining if I start depending on AI too much, plus it creates unrealistic expectations from employers on execution time, it's the worst thing that has happened to the tech industry, I hate my career now and just want to switch to any boring but stable low paying job if I don't have to worry about going through months for a job hunt
Why do they keep throwing their money away on it?
In no small part because they see it as a time-limited gateway to permanent, infinite profits through market consolidation, job cutting, and government contracts. After all, if they get there FIRST, it's all theirs, and the infinite profits then will make up for all the money spent now. Never mind the fact that in doing so they'll destroy the environment, the economy, and the world long before they can actually SPEND those profits on anything.
But it's okay, because MY company is AHEAD OF THE CURVE on those 95% losses
I think there are real productivity gains to be had but the vast majority are probably leaning into the idea of replacing people too much. It helps me do my job but I'm still the decision maker and I need to review the outputs. I'm still accountable for what AI gives me so I'm not willing to blindly pass that stuff forward.
Bubbles burst, who would have thought.
I have no proof, but I feel like the AI push and Turnip getting re-elected and his regression of the EPA rules sounds like this whole AI thing was an excuse to burn more fossil fuels.
If I was invested in AI, and considering AI's thirst for electricity, I would absolutely make a similar investment in energy. That way, as the AI server farms suck up the electricity I would get at least some of that money back from the energy market.
How bad to you think this collapse gonna be? We gonna see a big name collapse into dust or we gonna see something akin to the Great Depression?
The AI bubble is going to be like the dot com bubble I think, but with the world being so heavily financialized it might spiral into something like 2008 or worse...
Does this mean they'll invest the money in paying workers? No... they're just have to double down.
he'll yeah, lose money you fuckers
We're now at the "if you don't, your competitor will". So you really have no choice. There are people that don't use Google anymore and just use chatgpt for all questions.
As programmer. It’s helping my productivity. And look I am SDET in theory I will be the first to go, and I tried to make an agent doing most of my job, but it always things to correct.
But programming requires a lot of boilerplate code, using an agent to make boilerplate files so I can correct and adjust is speeding up a lot what I do.
I don’t think I can replaced so far, but my team is not looking to expand the team right now because we are doing more work.
Reading the article, the conclusions seem to line up with what I experience. Namely the part where it says that individual users found a productivity boost.
At my company, we have a bunch of AI based tools set up, and it's impressive how much of the time consuming, boring, burnout-inducing gruntwork I can offload to the robots, and instead spend more of my working hours working on things I actually want to work on.
And we also deploy things like AI search for internal knowledge bases. Being able to quickly get the information you need to complete your job, especially if that information is related to sales is definitely good for business, but I'm not even sure how you'd measure that in terms of "profit".
