Scustin Bieburr
Baby baybee baybee UUUGH
A public traded company has CEOs who are responsible to the board of directors and shareholders.
They have to secure investments and need to show growth to keep the shareholders happy. If the company is not profitable, there is no reason for people to invest and no reason for shareholders to buy more stock.
The CEO can cut costs and use those saved costs to juice the stock of the company. This is somehow legal. The costs they cut are workers.
AI represents a potential savings of billions by removing coders, customer support and marketing/art department. AI requires a ton of power to work as advertised and has problems like hallucinations which there is no solution for.
en.m.wikipedia.org
The best thing that can be done to reduce the risk is to use more training data, but that drives up the computing costs since you need better, more sophisticated server farms to crunch the numbers. This places a higher burden on the power grid and can lead to higher costs from the power company to maintain the grid and can accelerate the rate of climate change, or increase business costs by making the business invest in alternative sources of energy.
If a company is continuing to lay off coders and replace them with AI which can hallucinate and write fukked up code, that could lead to software failures that management doesn't know how to fix because they aren't programmers and don't understand what the AI actually did. AI art is generally hated by the public
www.nbcnews.com
It looks like shyt.
Tech is moving towards a subscription model, and prices are about to go up. When people have to choose between a premium streaming service or food and shelter, they'll pick the latter. Prices are about to shoot up for these things. The costs to pay for the computing power will also have to come from higher subscription prices.
These companies are laying people off without severance, contributing to the problem of unemployment, and a government has just been elected who will cut spending on social services.
So now you're about to get millions more unemployed people because companies have jumped the gun and bought into the hype of a technology they do not understand, and those unemployed people will have less benefits to survive off of and will spend less money. The cost of electricity will go up, and the reliability and quality of technology will continue to sink because these people aren't hiring humans with the skill to check the code and mitigate customer support or run good advertising campaigns. Demand for the products will sink, as well as output. You already see this with the video game market as less and less games are released, and the games that do come out are riddled with tech issues and microtransactions.
You are about to get a public who are served bad products that they can't justify spending money on, and CEOs who can't hire temporary workers due to a clamp down on immigration, can't outsource their jobs if the countries Trump declared trade war on refuse to support American business and instead moves towards supporting Chinese businesses which offer cheaper goods to their public and isn't putting tariffs on them. What incentive do they have to support American businesses who are selling products to a public that cannot afford them in America or internationally? If there are less jobs to cut in order to save costs and boost investment, and if there's no profit being made by people subscribing or buying the products...where does that leave the CEOs when they can't show growth to investors who are considering selling their shares?
They have to secure investments and need to show growth to keep the shareholders happy. If the company is not profitable, there is no reason for people to invest and no reason for shareholders to buy more stock.
The CEO can cut costs and use those saved costs to juice the stock of the company. This is somehow legal. The costs they cut are workers.
AI represents a potential savings of billions by removing coders, customer support and marketing/art department. AI requires a ton of power to work as advertised and has problems like hallucinations which there is no solution for.
Hallucination (artificial intelligence) - Wikipedia
The best thing that can be done to reduce the risk is to use more training data, but that drives up the computing costs since you need better, more sophisticated server farms to crunch the numbers. This places a higher burden on the power grid and can lead to higher costs from the power company to maintain the grid and can accelerate the rate of climate change, or increase business costs by making the business invest in alternative sources of energy.
If a company is continuing to lay off coders and replace them with AI which can hallucinate and write fukked up code, that could lead to software failures that management doesn't know how to fix because they aren't programmers and don't understand what the AI actually did. AI art is generally hated by the public
Coca-Cola causes controversy with AI-generated ad
The video was meant to pay homage to a classic 1995 Coca-Cola commercial.
www.nbcnews.com
It looks like shyt.
Tech is moving towards a subscription model, and prices are about to go up. When people have to choose between a premium streaming service or food and shelter, they'll pick the latter. Prices are about to shoot up for these things. The costs to pay for the computing power will also have to come from higher subscription prices.
These companies are laying people off without severance, contributing to the problem of unemployment, and a government has just been elected who will cut spending on social services.
So now you're about to get millions more unemployed people because companies have jumped the gun and bought into the hype of a technology they do not understand, and those unemployed people will have less benefits to survive off of and will spend less money. The cost of electricity will go up, and the reliability and quality of technology will continue to sink because these people aren't hiring humans with the skill to check the code and mitigate customer support or run good advertising campaigns. Demand for the products will sink, as well as output. You already see this with the video game market as less and less games are released, and the games that do come out are riddled with tech issues and microtransactions.
You are about to get a public who are served bad products that they can't justify spending money on, and CEOs who can't hire temporary workers due to a clamp down on immigration, can't outsource their jobs if the countries Trump declared trade war on refuse to support American business and instead moves towards supporting Chinese businesses which offer cheaper goods to their public and isn't putting tariffs on them. What incentive do they have to support American businesses who are selling products to a public that cannot afford them in America or internationally? If there are less jobs to cut in order to save costs and boost investment, and if there's no profit being made by people subscribing or buying the products...where does that leave the CEOs when they can't show growth to investors who are considering selling their shares?
