It may make working for a non-software-primary company as a programmer more risky. But then, "be a value provider, where execs can draw a fairly straight line from your contribution to revenue, and not a value consumer" is not new career advice.
See the jobless recovery after 2008 and how long it took the economy to get back on track.
How is that replacing?
Is this worth >1 trillion in capex?
For reference, less than 100 billion have been invested into fusion energy — since 1950.
What does fusion energy have to do with labor cost?
Obviously AI is technology that has its own value.
But keeping the labor cost down by just a few percent (and handing that money to company profits) has tremendous leverage.
Perhaps at call centers and such you are correct, but your comment is as disingenuous as saying the compiler is about getting a stronger position over labor, or the expansion of included libraries, or faster microprocessors, or modern IDEs before AI. The march towards automation, efficiency, and automation in engineering never stops.
Every so often there is a massive leap which results in significant job losses, but that doesn’t mean it’s about labor. Was the release of AWS about labor? It destroyed many Silicon Valley companies as you could now do with $5k what previously took $200k.
I can't tell how credible the claim is that "increased adoption of generative AI technologies by private employers led to more than 10,000 lost jobs".
amilios•1h ago
torginus•1h ago
pixl97•1h ago
Let's take the blame a bit farther back.
Instead of the person writing the article, what about the companies laying people off. It looks much better to say "Costs savings for going to AI" versus "Economic uncertainty in future orders"
coffeefirst•1h ago
This is marketing.