‘Jobs may disappear’: Nearly 40% of global employment could be disrupted by AI, IMF says

[bnew]

Spoiler: full text

1/11
3.1 8b is under-discussed imo
>crazy benchmarks
>crushing gemma 2 (already great model)
>on groq my response was instant lol
>no streaming
>the response just appeared
>we have instant brains now?

2/11
We finally have SOTA at home

3/11
for QA what we need is multi-stage responses where it generates a presentation then it presents it (optionally). So the presenter would walk you through the presentation, highlighting the points/images and discussing them. even without voice it could be as tap/hover

4/11
Yup, even if it's not THE BEST, we have gpt3.5~ at home

5/11
How clean's the distillation? Does it have that overly-synthetic Phi3/4o/Sonnet3.5 feel?

6/11
Wait till you see what I can do with this model at home. LOL.

7/11
It's insane

You really have to use it live to "feel" the insane speed

8/11
Definitely, model is insane in its category

9/11
i think meta should be putting gpt-4o-mini on the charts instead of 3.5

10/11
mini models are the future, we just need to learn how to go wide with them.

gotta do a bit of unhobbling to coordinate thousands/millions of instances together with the instant outputs.

11/11
And I can actually run it on my PC lmao


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1/11
What can you do with Llama quality and Groq speed? You can do Instant. That's what. Try Llama 3.1 8B for instant intelligence on Groq is Fast AI Inference.

2/11
This is so cool. Feeling the AGI - you just talk to your computer and it does stuff, instantly. Speed really makes AI so much more pleasing.

3/11
Well, I stand corrected. I thought it was going to take your team at least 24 hours to get this going, but I should’ve known better.

4/11
Holy crap this is fast AND smart

5/11
Speed like that is going to enable a new wave of innovative uses.

6/11
will u update the pricing for the new llama 3.1 models?

7/11
Very quick.
Very impressive.
Can’t wait to try !

8/11
I do like me some 'Guu with Garlic' at 7 pm.

9/11
What's the best way to do custom models (not fine tuned) with Groq chips?

10/11
Extremely impressive!

11/11
ASI will happen soon.


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[bnew]

'Our Chatbots Perform The Tasks Of 700 People': Buy Now, Pay Later Company Klarna To Axe 2,000 Jobs As AI Takes On More Roles

As AI technology continues to advance, Klarna, a Swedish financial services company, is planning to reduce its workforce by almost 50% in favour of AI-powered automation.

www.ibtimes.co.uk

'Our Chatbots Perform The Tasks Of 700 People': Buy Now, Pay Later Company Klarna To Axe 2,000 Jobs As AI Takes On More Roles​

Klarna has already cut over 1,000 employees and plans to remove nearly 2,000 more​

By Vinay Patel @VinayPBPatel

Published 08/28/24 AT 7:42 AM BST

Klarna has already shed over 1,000 employees and plans to cut nearly 2,000 more. The company claims its AI-powered chatbot can handle the workload previously managed by 700 full-time customer service agents.Wikimedia Commons

A Swedish financial services firm specialising in direct payments, pay-after-delivery options, and instalment plans is preparing to reduce its workforce by nearly 50 per cent as artificial intelligence automation becomes more prevalent.

Klarna, a buy-now, pay-later company, has reduced its workforce by over 1,000 employees in the past year, partially attributed to the increased use of artificial intelligence.

The company plans to implement further job cuts, resulting in a reduction of nearly 2,000 positions. Klarna's current employee count decreased from approximately 5,000 to 3,800 compared to last year.

​

Klarna's Radical Workforce Reduction​

A company spokesperson stated that the number of employees is expected to decrease to approximately 2,000 in the coming years, although they did not provide a specific timeline. In Klarna's interim financial report released on Tuesday, the company attributed the job cuts to its increasing reliance on artificial intelligence, enabling it to reduce its human workforce.

Klarna claims that its AI-powered chatbot can handle the workload previously managed by 700 full-time customer service agents. The company has reduced the average resolution time for customer service inquiries from 11 minutes to two while maintaining consistent customer satisfaction ratings compared to human agents.



"Our proven scale efficiencies have been enhanced by our investment in AI, which has driven down operating expenses and improved gross profits," the company said.

According to the World Economic Forum's 2023 Future of Jobs Report, over 75 percent of companies anticipate adopting artificial intelligence and other advanced technologies within the next five years. This widespread adoption could significantly alter the way we work.

Klarna reported a 73 percent increase in average revenue per employee compared to last year. According to its website, Klarna, headquartered in Sweden, maintains two UK offices in London and Manchester and numerous additional locations throughout Europe, the Americas, Australia, and New Zealand.

While details about Klarna's workforce in the UK are still scarce, the company said the planned headcount reductions would be even across its sites. In addition to customer service, Klarna currently uses artificial intelligence in its marketing efforts.

"Our AI assistant now also serves as a powerful shopping assistant that helps consumers discover and choose products tailored to them, further transforming the shopping experience and helping them save time and money," the company said.

Notably, none of the workforce reductions have been achieved through layoffs. Instead, the company has relied on a combination of natural staff turnover and a hiring freeze implemented last year.

​

Klarna's AI-Fueled Revenue Growth​

Klarna's interim results demonstrated a 27 percent increase in revenue, reaching 13.3 billion Swedish krona (£990 million). Additionally, the company transitioned from a loss of 456 million krona in the previous year to an adjusted profit of 673 million krona. The job cuts occur amidst a turnaround strategy at Klarna.

The company, which had previously been profitable until 2019, began experiencing financial losses in 2020 following a period of rapid expansion in the United States. Subsequently, Klarna's estimated valuation plummeted from 46 billion US dollars (£34.8 billion) to just 6.7 billion dollars between 2021 and 2022.

Klarna's chief executive, Sebastian Siemiatkowski, indicated that the company may consider an initial public offering (IPO) as early as next year. In an interview with Reuters, he stated that this timeline "sounds reasonable" but emphasised that there are no concrete plans.

Siemiatkowski suggested that the company might favour a US stock market listing but acknowledged that European options have also been considered.

In July, Chrysalis Investments, a major Klarna investor, provided a more recent valuation estimate, suggesting that the fintech firm could achieve a valuation between 15 billion and 20 billion dollars in an initial public offering.

 

[bnew]

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1/6
Yesterday, OpenAI dropped a preview of a new model, o1.

Our initial observations are that the o1-preview model is more autonomous in generating steps to solve problems, more precise, and handles complex tasks with higher consistency. The more digestible formatting of outputs and its increased sense of ‘confidence’ relative to 4o help too. o1-preview will unlock new use cases & accelerate time to deployment for existing use cases in healthcare. Here are several healthcare examples. 1/6

2/6
On claims adjudication:

Thousands of rules in natural language, including contracts, best practices, and guidelines, determine medical service costs. Synthesizing these rules is extremely cumbersome, error-prone, and opaque. 4o can't take in these rules and determine the cost of a service without a lot of manual intervention and technical scaffolding.

We tested o1-preview’s ability to determine the cost for a newborn delivery. It identified relevant rules, made assumptions, performed calculations, and explained cost discrepancies independently.

Impressive nuances included high-cost drug carve-outs, compounding cost increases, and secondary insurance impacts. We had o1-preview look at the claim and the relevant section of a contract and simply said ‘Determine the contracted rate.’ It autonomously generated a plan to follow. 4o does not get this right at all. 2/6

3/6
o1-preview also performed the calculations to arrive at the correct price for the delivery. It identified the correct clauses of the contract to apply and even applied an annual inflation adjuster, a nuanced calculation often messed up in healthcare. 3/6

4/6
On detecting fraud, waste and abuse:

Detecting FWA is critical in healthcare to avoid excess costs. We leverage GPT-4o prototypes to detect common FWA schemes, but that requires manual rule sets. Our observations on o1-preview show that it autonomously navigates data sources to identify FWA signals and provides thorough explanations. For example, it successfully identified 'incident-to billing' violations, flagging discrepancies in provider signatures. 4/6

5/6
On clinical reviews:

Clinicians navigate extensive medical records where errors or omissions can have high stakes, especially for the sickest patients with the longest charts. Oscar uses GPT-4o to extract clinical data, but it requires significant verification. Our observations on o1-preview: it performs clinical data extraction with more specificity and detailed reasoning. For example, both 4o and o1-preview identified a patient's immunosuppression, but o1-preview precisely correlated it to a specific drug side effect. 5/6

6/6
More details & healthcare examples here:

Oscar Health’s early observations on OpenAI o1-preview — OscarAI


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[Thurgood Thurston III]

What are some AI-proof non-physical labor jobs?

 

[Spiider]

What are some AI-proof non-physical labor jobs?

I can’t see AI replacing lawyers

 

[Thurgood Thurston III]

I can’t see AI replacing lawyers

Any particular reason why?

 

[Yagirlcheatinonus]

Invest in Gold and precious medals

 

[Yagirlcheatinonus]

You going to have to take their mark to get their money.

 

[IsThatBrothaMouzone?]

Why do we need CEOs, VPs, Board Members, politicians etc?

You could create AI that could be optimized to make the best decisions and come up with the best ideas. Forget regular workers........why do we need The 1%ers....when they cost wayyyyyy more and THEIR jobs can be outsourced.

Why do we need investment bankers? Give me an AI bot and it can probably get me a higher return on my money with fewer fees.

Why do we need a Supreme Court? Send them home and let a bot make court decisions.

Honestly AI could replace ANY job but the elites don't wanna talk about that because then that makes THEM replaceable. They don't want AI doing all the work...but they do want a hungry/desperate labor pool. At that point, we just kill them and trash AI.

 

[bnew]

Invest in Gold and precious medals

i struggle to see how they might retain or increase in value when AI will likely lead to an explosion of material science discoveries.

 

[MikelArteta]

What are some AI-proof non-physical labor jobs?

Crazy thing this is still the infancy we are all screwed in the long run

 

[Ol’Otis]

Worse time to be a fukking adult

 

[Spiider]

Any particular reason why?

In a court case, your life or your finances are on the line. I don’t think most people or law firms would be willing to rely on an AI to protect their interests.

And I don’t think an AI would do a good job of creating convincing arguments in a courtroom. They can come up with facts, but they aren’t good at connecting with people or appealing to our emotions

 

[bnew]

In a court case, your life or your finances are on the line. I don’t think most people or law firms would be willing to rely on an AI to protect their interests.

And I don’t think an AI would do a good job of creating convincing arguments in a courtroom. They can come up with facts, but they aren’t good at connecting with people or appealing to our emotions

I strongly disagree.

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1/3
In March 2024, we all saw this EPFL study confirming AI's power of super-persuasion, convincing their opponents ~82% of the time.

Yesterday, OpenAI announced that they blocked several accounts leveraging this ability to run a covert Iranian influence operation..

2/3
First image is OpenAI's announcement of their actions against the account(s) running the covert Iranian influence operation, and remaining 3 images are from an article about the pre-print of the EPFL paper.

3/3
I sha told'em....in January 2023 that this will happen, and the only way to 'help the situation' is a nationwide media literacy program, something that mirrors Finland's media literacy program, currently rated number 1 in the world..


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1/2
It’s unfortunate that most won’t take it seriously, but this data is real and still not discovered by many. I was baffled when I saw that an AI can outperform a human doctor even on empathy and compassion.

2/2
How long do you think till it rolls out for actual use?


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1/3
1/3 Heads up, docs with zero bedside manner - your days might be numbered. Google's AMIE is showing us a future where AI can diagnose like a pro and actually listen to patients. It's nailing diagnoses in text chats, outperforming human docs without breaking a sweat.

For patients, especially in healthcare deserts, this is huge. It's like having a tireless, genius doctor on speed dial. The gap between AI and human doctors may soon mirror the difference between computers and humans in chess. Brace yourselves, because medicine's heading down the same path. If you're not bringing your A-game in both skills and empathy, AI will leave you in the dust.

2/3
2/3 Here's the real gut punch for grumpy docs - AMIE's got better people skills than most of you. Ouch, right? But let's get real. How many times have patients felt dismissed or rushed? AMIE's dishing out clear explanations, listening patiently, and making folks feel heard.

It's giving patients what they've always wanted - a doc who's got all the time in the world for their concerns. No more feeling like you're annoying the doctor with questions. This level of care shouldn't be rare, but right now, it is. Docs who can't step up their empathy game might find themselves obsolete.

3/3
AMIE: A research AI system for diagnostic medical reasoning and conversations

3/3 Sure, Google's playing it safe for now, keeping AMIE in the lab. But with the AI arms race heating up faster than a med student's coffee, don't be surprised if AMIE or something like it pops up on your phone sooner rather than later. They're already sneaking AI like Gemini into our pockets.

So, doctors, the writing's on the wall - or rather, it's in the code. You might not be replaced by robots tomorrow, but if you're not bringing both brains and hearts to the table, you might find yourself outpaced by an app. The future of medicine is smart AND compassionate. Can you keep up, or will you be the next thing AI makes obsolete?

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1/3
Massive breakthrough in healthcare AI

Another study has revealed that GPT-4 outperforms human doctors.

Research findings indicate that the AI language model GPT-4 was better than real doctors at showing empathy and understanding patients' feelings during simulated medical conversations.

Link in comment.

2/3
Large Language Model–Based Responses to Patients’ In-Basket Messages

3/3
Yes, predicted many times.

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1/1
Fascinating study that examines the persuasive power of deceptive AI compared to honest AI in spreading misinformation by @valdemardanry @patpat_mit @mattgroh @_ziv_e @PattieMaes https://arxiv.org/pdf/2408.00024


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1/2
WARNING: AI is MORE persuasive than you.

In an experiment, humans were 81.7% more likely to agree with the AI arguments when compared with a human adversary.

The KEY: The LLM had access to demographic information allowing it to PERSONALIZE its argument.

So what happens when you give AI more data? Stop and think, human.

Without personalization, GPT-4 STILL outperforms human debaters, though the effect is smaller (+21.3%).

The experiment used 820 participants debating various topics in randomized conditions (Human-Human, Human-AI, and personalized versions), with results reinforcing CONCERNS about the effectiveness of AI in persuasive communication.

Source: https://arxiv.org/pdf/2403.14380

2/2
Yes, people vastly underestimate their power.


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1/1
CLAUDE 3: AS PERSUASIVE AS HUMAN!
If not more...

Claude 3 AI Matches Human Convincing Skills...

Claude 3 AI, named "Opus," shows it's almost as good as humans at changing minds, based on a new research paper.

The study involved nearly 4,000 participants who compared human-written and AI-generated arguments across various topics, like climate change and genetic engineering.

Claude 3, the largest model tested, scored on par with human persuasiveness.

Things are accelerating FAST.

SOURCE: TOMS GUIDE

/search?q=#AI


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Claude 3 AI is almost as good as a human at persuading people to change their mind — here’s why

Are we on the Skynet timeline?

www.tomsguide.com

 

[buzzkill]

"Robotics will replace everything!"

"Dot Com will replace everything!"

"Crypto will replace everything!"

"The Blockchain will replace everything!"

AI is not real. When this bubble pops, I will have a big laugh.

I was coming in to say this. These CEOs are trying to promote it with this doom and gloom bs. As of now these LLMs can't create new solutions. It can replace Google and stack overflow... That's about it

This bubble pop is going to be epic.