2024 UPDATE!! Altman: prepare for AI to be "uncomfortable" 33% US jobs gone..SKYNET, AI medical advances? BASIC INCOME? 1st AI MOVIE! AI MAYOR!!

re'up

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this will destroy the cheap seo writing jobs in southern asia

Right! Wrote in another thread that around 2014, a friend of mine and I, invested in a very small SEO company, the owner was a friend, it was some real like Boiler Room shyt-----we had three guys making calls, across the country pitching website development and SEO, then outsourcing 75% of the work. We sub contracted 80% of the copy to South Asia. I wrote the rest, and made like $300 a paragraph. Charged 2K for a website. Or $1200. Plus $500 a month for SEO.

It ended badly, too many sites, too much volume, the quality was inconsistent, I was the only one who made money but anything even close to that business model is done.
 

bnew

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ChatGPT warning knocks $1 billion off market caps of education giants Pearson and Chegg​

Chegg warned last night that the software was having an impact on its growth

2680c2a840eecd028cd6365ad79c4405Y29udGVudHNlYXJjaGFwaSwxNjgyNzcwMTI2-2.71577564.jpg

Chegg warned that students were using ChatGPT instead of its services. (John Walton/PA) / PA Wire


By Daniel O'Boyle@Dan_O_Boyle
9 hours ago

Shares in US-listed education firm Chegg and London-listed textbook publisher Pearson tumbled today - each seeing roughly $1 billion (£803 million) knocked off its market cap - after the former warned that students were using ChatGPT instead of its services.
Chegg - which offers services including homework help, digital and physical textbook rentals, textbooks and online tutoring - published a trading update after markets in the US closed yesterday.

It said that while first-quarter results were mostly unaffected by the rise of generative AI, that has changed in the last two months.

“Since March we saw a significant spike in student interest in ChatGPT,” Chegg said. “We now believe it’s having an impact on our new customer growth rate.”


While the firm made numerous references in its update to plans to embrace AI, the warning - among the first of its kind from a large listed business - spooked investors. It was hit by heavy selling in after-hours sessions, and when markets opened today on Wall Street its shares fell to $9.54, just over half of Monday’s close with Chegg’s market cap falling by almost exactly $1 billion.

In London, textbooks giant Pearson was not hit quite as hard, but its shares were still down 13.4% to 772.6p.

On Friday, Pearson said that pushes by workers to learn new skills had helped the company beat its financial expectations in the first months of the financial year.
 

bnew

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CEOs are getting closer to finally saying it — AI will wipe out more jobs than they can count​


Hasan Chowdhury
May 2, 2023, 11:38 AM EDT

ibm ceo Arvind Krishna

Tech CEOs including IBM's Arvind Krishna are turning to AI to get efficient. Brian Ach / Stringer / Via Getty
  • Tech workers are finding out what it's like to be replaced by AI.
  • IBM said on Monday that it would pause hiring on roles that it thought AI could do instead.
  • It's the boldest statement yet from tech firms turning to AI to help them get efficient.

What's it like to be told that you're not just out of a job, but that your bosses think your job can be done by AI? Tech workers are about to find out.

On Monday, per a report by Bloomberg, it emerged that IBM is preparing to pause hiring on roles that it believed could be better performed by AI. That leaves 7,800 jobs at the tech giant vulnerable to being eradicated for good.

Since the release of ChatGPT, tech CEOs have been racing to decide if the generative AI technology underlying the buzzy chatbot is more than a gimmick and can deliver on its promises to change the very fundamental ways in which their businesses operate.

Earnings calls from tech firms such as Meta, Alphabet, and Microsoft have been littered with references to AI, with the verdict on the technology from leaders becoming more apparent than ever: AI can and will make jobs extinct.

The timing of all of this AI chatter is no coincidence. Tough economic conditions have coincided with generative AI's arrival, allowing companies to make layoffs that help them get efficient.

Some business leaders have been adamant that AI will create new jobs. Microsoft's CEO Satya Nadella has made this his stance, while acknowledging that companies like his will have to learn to do "more with less".

AI doesn't necessarily have to take existing jobs to do this, as a recent Morgan Stanley note suggested. What AI can do is slow future growth in headcount – something that has been dismissed as a vanity metric – while enhancing the productivity of a shrinking workforce.

Jobs lost through the layoffs of recent months may never return either if AI proves successful here. In tech, over 350,000 people have lost jobs since last year, according to online tracker Layoffs.fyi.

Here are five tech firms that have acted first with a big bet on AI.

IBM

As a longtime incumbent, IBM has weathered many changing trends in the tech sector in its more than 110-year history, often getting ahead of the curve to stay on top of fierce competition. Its current CEO has no plans to change that.

In an interview with Bloomberg on Monday, IBM boss Arvind Krishna said the company would be pausing hiring for roles that it deemed could instead be done by AI. This could involve roles in back-office areas such as HR, with estimates that 7,800 jobs could be lost in total.

The plans to replace workers with AI from the company, which announced layoffs earlier this year, are the starkest and most direct from a tech firm yet.

Amazon

Amazon has been among the most bruised tech firms since the downturn of 2022 was kickstarted. Though the company has already announced two rounds of layoffs that will affect 27,000 workers, it seems it's ready to bet big on AI too to plug the gaps.

In an earnings call last week, Amazon's chief financial officer Brian Olsavsky said that the company is "adding more dollars for large language models and generative AI" while simultaneously "spending less year-over-year" on core fulfillment and transportation.

This will free up resources for the company's giant profit machine, Amazon Web Services. "So we're creating some space in our fulfillment and transportation number that's being repurposed over to AWS," he said.

Dropbox

Dropbox CEO Drew Houston announced on April 27 that the company would be laying off around 16% of its workforce – or 500 workers. With growth slowing, Houston told employees in a letter that now was the time to acknowledge that "the AI era of computing has finally arrived."

Although he didn't explicitly say AI would replace workers, the layoffs coincide with Dropbox's fresh focus on the technology. He told employees that AI has "captured the world's collective imagination" but has "also alerted our competitors to many of the same opportunities."

Meta

As the coiner of the term "year of efficiency," Mark Zuckerberg has perhaps been the most explicit of all tech CEOs about the need to save every cent possible. When announcing layoffs, his language reiterated the need to be "flatter" and "leaner."

So it should be no surprise that Meta is bringing AI to its workforce in a big way. In March, Zuckerberg said his "single largest investment is in advancing AI" while building it into every one of its products. At the same time, he said 5,000 open roles not yet hired for would be closed.

CEOs like Zuckerberg will have no doubt considered what kind of cost advantages and other efficiencies AI can offer over human workers.

Zuckerberg said back in March that focusing on the long-term means investing in tools that put the company ahead for years to come, even if that means finding ways to "automate workloads over time, or identifying obsolete processes that we can phase out."

Microsoft

Microsoft already has a track record of replacing workers with AI. In 2020, the company fired some workers overseeing news homepages it managed, replacing them with robots.

Now, the company is fueling the development of OpenAI's large language model, having announced a multi-billion dollar investment. A clear sign that its bet is paying off came on an earnings call last week.

Microsoft chief financial officer Amy Hood told investors that its revenue for the three months to March, which topped $52.9 billion, beat expectations thanks to "focused execution" from sales teams and partners.

Bloomberg reported in February that Microsoft's salespeople would use AI from OpenAI in a key customer-relationship app to help with time-consuming tasks. Microsoft's appetite for hiring people to teams like this in the future is likely to be diminished if AI turns its salespeople into super-workers.
 

GnauzBookOfRhymes

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Exactly. It is always much worse than bigwigs will admit.

Go back to the first pages of this thread.

Said it before and it's even more true today. The tech is here. It's society and government that isn't ready.

The next revolution will be white collar workers in the streets. And I'm willing to predict they will be far more violently effective than what people perceive.
 

Professor Emeritus

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CEOs are getting closer to finally saying it — AI will wipe out more jobs than they can count​


So will this make Musk and the other capitalists finally drop all that dumb shyt about "under population is a bigger threat than overpopulation"?

Hard to claim you need constantly increasing population to do the work if you don't even have jobs for the people who are already here.
 

Micky Mikey

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CEOs are getting closer to finally saying it — AI will wipe out more jobs than they can count​


Hasan Chowdhury
May 2, 2023, 11:38 AM EDT

ibm ceo Arvind Krishna

Tech CEOs including IBM's Arvind Krishna are turning to AI to get efficient. Brian Ach / Stringer / Via Getty
  • Tech workers are finding out what it's like to be replaced by AI.
  • IBM said on Monday that it would pause hiring on roles that it thought AI could do instead.
  • It's the boldest statement yet from tech firms turning to AI to help them get efficient.

What's it like to be told that you're not just out of a job, but that your bosses think your job can be done by AI? Tech workers are about to find out.

On Monday, per a report by Bloomberg, it emerged that IBM is preparing to pause hiring on roles that it believed could be better performed by AI. That leaves 7,800 jobs at the tech giant vulnerable to being eradicated for good.

Since the release of ChatGPT, tech CEOs have been racing to decide if the generative AI technology underlying the buzzy chatbot is more than a gimmick and can deliver on its promises to change the very fundamental ways in which their businesses operate.

Earnings calls from tech firms such as Meta, Alphabet, and Microsoft have been littered with references to AI, with the verdict on the technology from leaders becoming more apparent than ever: AI can and will make jobs extinct.

The timing of all of this AI chatter is no coincidence. Tough economic conditions have coincided with generative AI's arrival, allowing companies to make layoffs that help them get efficient.

Some business leaders have been adamant that AI will create new jobs. Microsoft's CEO Satya Nadella has made this his stance, while acknowledging that companies like his will have to learn to do "more with less".

AI doesn't necessarily have to take existing jobs to do this, as a recent Morgan Stanley note suggested. What AI can do is slow future growth in headcount – something that has been dismissed as a vanity metric – while enhancing the productivity of a shrinking workforce.

Jobs lost through the layoffs of recent months may never return either if AI proves successful here. In tech, over 350,000 people have lost jobs since last year, according to online tracker Layoffs.fyi.

Here are five tech firms that have acted first with a big bet on AI.

IBM

As a longtime incumbent, IBM has weathered many changing trends in the tech sector in its more than 110-year history, often getting ahead of the curve to stay on top of fierce competition. Its current CEO has no plans to change that.

In an interview with Bloomberg on Monday, IBM boss Arvind Krishna said the company would be pausing hiring for roles that it deemed could instead be done by AI. This could involve roles in back-office areas such as HR, with estimates that 7,800 jobs could be lost in total.

The plans to replace workers with AI from the company, which announced layoffs earlier this year, are the starkest and most direct from a tech firm yet.

Amazon

Amazon has been among the most bruised tech firms since the downturn of 2022 was kickstarted. Though the company has already announced two rounds of layoffs that will affect 27,000 workers, it seems it's ready to bet big on AI too to plug the gaps.

In an earnings call last week, Amazon's chief financial officer Brian Olsavsky said that the company is "adding more dollars for large language models and generative AI" while simultaneously "spending less year-over-year" on core fulfillment and transportation.

This will free up resources for the company's giant profit machine, Amazon Web Services. "So we're creating some space in our fulfillment and transportation number that's being repurposed over to AWS," he said.

Dropbox

Dropbox CEO Drew Houston announced on April 27 that the company would be laying off around 16% of its workforce – or 500 workers. With growth slowing, Houston told employees in a letter that now was the time to acknowledge that "the AI era of computing has finally arrived."

Although he didn't explicitly say AI would replace workers, the layoffs coincide with Dropbox's fresh focus on the technology. He told employees that AI has "captured the world's collective imagination" but has "also alerted our competitors to many of the same opportunities."

Meta

As the coiner of the term "year of efficiency," Mark Zuckerberg has perhaps been the most explicit of all tech CEOs about the need to save every cent possible. When announcing layoffs, his language reiterated the need to be "flatter" and "leaner."

So it should be no surprise that Meta is bringing AI to its workforce in a big way. In March, Zuckerberg said his "single largest investment is in advancing AI" while building it into every one of its products. At the same time, he said 5,000 open roles not yet hired for would be closed.

CEOs like Zuckerberg will have no doubt considered what kind of cost advantages and other efficiencies AI can offer over human workers.

Zuckerberg said back in March that focusing on the long-term means investing in tools that put the company ahead for years to come, even if that means finding ways to "automate workloads over time, or identifying obsolete processes that we can phase out."

Microsoft

Microsoft already has a track record of replacing workers with AI. In 2020, the company fired some workers overseeing news homepages it managed, replacing them with robots.

Now, the company is fueling the development of OpenAI's large language model, having announced a multi-billion dollar investment. A clear sign that its bet is paying off came on an earnings call last week.

Microsoft chief financial officer Amy Hood told investors that its revenue for the three months to March, which topped $52.9 billion, beat expectations thanks to "focused execution" from sales teams and partners.

Bloomberg reported in February that Microsoft's salespeople would use AI from OpenAI in a key customer-relationship app to help with time-consuming tasks. Microsoft's appetite for hiring people to teams like this in the future is likely to be diminished if AI turns its salespeople into super-workers
its absurd to think any of these companies will willingly use their profits for UBI. UBI is going to have to be fought for tooth and nail.
On a side note does anyone really think any of these companies will willingly use their profits from AI for UBI? Seems like UBI is going to have to be fought for tooth and nail
 

bnew

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OpenAI may be very good at many things, but it is terrible at naming stuff. I would have hoped that the most powerful AI on the planet would have had a cool name (Bing suggested EVE or Zenon), but instead it is called GPT-4

1
. We need to talk about GPT-4.


But, you might ask, hasn’t GPT-4 been around forever (or at least for about a month, which is forever in AI terms)? Yes, but the last week has seen a massive expansion in the system’s capabilities, and that is starting to bring into focus how large an effect AI is going to have on work. What has happened is that a number of GPT-4 systems, from both OpenAI and Microsoft, have been given the ability to use tools, with dramatic effects on their abilities, and their relevance to real-world tasks.

When I open ChatGPT, I see some options you may not have, since I signed up to be an early tester (you can, too, I have no special access). Soon, these tools will be available to everyone. You will notice there is the usual GPT-3.5, which was released back in November, and GPT-4, the much more capable model that comes with ChatGPT Plus. But what about the other stuff? Most of them are very much proof-of-concepts. One is extraordinary.


So as not to keep you in suspense, lets discuss that crazy model - Code Interpreter - first, and then I will circle back to the other models, as well as to the increasing capabilities of Microsoft’s GPT-4 tools, which are poised to even more dramatically affect millions of jobs very soon.

A program that builds programs​

Code Interpreter is GPT-4 with three new capabilities: the AI can read files you upload (up to 100MB), it can let you download files, and it lets the AI run its own Python code. This may not seem like a huge advance, but, in practice, it is pretty stunning. And it works incredibly well without any technical knowledge or ability (I cannot code in Python, but I don’t need to).

Lets take an example: I am writing a blog post about how amazing ChatGPT is at working with code right now. I would like you to create the perfect illustration, a GIF using Python, that represents this ability. Decide what an appropriate amazing GIF would be, then figure out how to create it and let me download it. After its first attempt, I encouraged it to do something even more creative. It decided on a strategy, wrote software to enact its strategy given the constraints on its tools, executed the code, and gave me a download link to a GIF.


Here’s the GIF, 100% created by, and conceived of, by ChatGPT (I also asked it to put its authorship on the bottom). It is made only with crude drawing tools, since it doesn’t have access to AI image creators yet. By the way, it probably shouldn’t be able to make GIFs, or original images at all, based on how it was trained, but here we are.
https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb6f5ecbf-3999-472b-beea-53372d35063e_600x450.gif


{continue reading on website}
 

greenvale

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This is the thing no one wants to talk about. We are giving this stuff a ton of data. Hopsitals get hacked everyday b. Imagine some of the info that could come out as breaches become more sophisticated
 

Wargames

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They act like people can't be adults
They can’t but it shouldn’t matter because the supervisor shouldn’t have to monitor them like they are children. Business need to give staff tasks to complete and then just focus on providing more tasks to expand their work staff or have the grace to ignore what people do on their free time as long as the work is done.
 
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