• Yggstyle@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    1 day ago

    I never expected to say… Man. I bet the investors are really wishing lizard man stuck with the metaverse.

  • rayyy@piefed.social
    link
    fedilink
    English
    arrow-up
    30
    arrow-down
    1
    ·
    1 day ago

    Yet people STILL use Meta. Friends and family say switching is too hard. They are comfortable with this shit.

  • TrackinDaKraken@lemmy.world
    link
    fedilink
    English
    arrow-up
    18
    ·
    1 day ago

    They’re throwing away the one asset that could dig them out of this hole, if only they’d admit they fucked up royally.

    This bubble won’t burst, it will explode.

    Any ideas for how we can hasten the end? I sure would like to stop them before they build more data centers.

  • BarneyPiccolo@lemmy.today
    link
    fedilink
    English
    arrow-up
    12
    ·
    9 hours ago

    This is the underlying message of all this Billionaire giddiness: they can’t wait for AI to replace as many of these disgusting human workers as possible.

    They would replace every single one of us, if they could, and this administration will HELP them. If we end up with a 50% unemployment rate, they’ll just criminalize debt and unemployment, and put you in a work camp to be leased out as a Federal 13th Amendment Slave. They’ll probably even shorten it, and call them 13s.

    Of course, as 13s become common, even more paid jobs will be lost, and eventually most jobs will be done by AI, automation, or slaves, with a few humans in maintenance, software, development, and supervisory positions. The board room will remain all human, of course, even though they’d be the easiest to replace with AI.

  • FallenWalnut@lemmy.worldOP
    link
    fedilink
    English
    arrow-up
    48
    ·
    edit-2
    1 day ago

    The layoffs could be as high as 20% of the company!

    We can’t keep rewarding Big Tech for choosing AI over people.

    We need to make the switch to support smaller & better businesses - reminder about purchasewithpurpose.io to help you get started.

      • りん〜@sopuli.xyz
        link
        fedilink
        English
        arrow-up
        8
        arrow-down
        6
        ·
        edit-2
        1 day ago

        EU is going down the same path. The “EU alternative” stuff is just bogus. It’s just a matter of time before EU starts doing the same.

        • GameOverFlow@lemmy.zip
          link
          fedilink
          English
          arrow-up
          5
          arrow-down
          1
          ·
          1 day ago

          Us tech is on a completely different level evil wise. Maybe it gets worse but in the moment EU tech is much less evil. Just listen to what the openai ceo says in interviews.

        • chasteinsect@programming.dev
          link
          fedilink
          English
          arrow-up
          1
          ·
          8 hours ago

          EU is going down the same path. The “EU alternative” stuff is just bogus. It’s just a matter of time before EU starts doing the same.

          It’s not bogus if you are yourself European or if the alternative is Big Tech. But I feel you. There are lots of shitty European companies that are not that much better. I avoided the switch to Spotify because even though they are “European” they gave a lot of money to Joe Rogan and to Trump on his inauguration.

          Also, the EU did recently reject the chat control proposal so at least that’s something…

    • biofaust@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 day ago

      I want to do that if there is a deal in which part of what I spend is reinvested in hiring workers at humane rates.

      Or, even better, in sharing ownership with the workers.

      The “bodega romanticism” is something I see as a huge societal issue, also because I can imagine a lot of “bodegas” actually dreaming to achieve the same kind of success of Big Tech.

    • ji59@hilariouschaos.com
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      3
      ·
      1 day ago

      I don’t think AI is to blame. They just don’t need those people. I heard big tech hired a lot of people to steal them from smaller businesses, so they could not compete with them. If those employees had been useful to them, they wouldn’t fire them.

  • kescusay@lemmy.world
    link
    fedilink
    English
    arrow-up
    68
    arrow-down
    1
    ·
    edit-2
    1 day ago

    AI expected to create efficiencies

    Couldn’t help but chuckle at that bullet point. We should know by now that AI creates lots of cognitive debt and unstable, vibe-coded software, as well as making people stupid. But one thing it absolutely doesn’t seem to do is make things more efficient long term.

    • Yggstyle@lemmy.world
      link
      fedilink
      English
      arrow-up
      20
      ·
      1 day ago

      See we replaced people with costs to run virtual people that would make oracle blush. Are the virtual people any good? Goodness no.

      • kescusay@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 day ago

        Oh, but they provide hallucinations and bug-ridden, incomprehensible code faster than anyone! That’s progress, right? Right?

        • Yggstyle@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          1 day ago

          Through great effort we have molded this once analog curiosity into a digital ouroboros… to very nearly duplicate Kyle from accounting!

          … Admittedly this would be the Kyle following the unfortunate kick to the head from that clydesdale.

          Nevermind that! We’ve gone ahead and laid off the rest off accounting and now Kyle² is wielding immesurable power to… Oh. Oh dear.

    • errer@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      ·
      1 day ago

      The problem here is “expected.” Maybe they’re right and AI will do what they say…well, show us the receipts first then before you ruin thousands of people’s lives?

    • andallthat@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      edit-2
      6 hours ago

      Layoffs aren’t caused by AI efficiency. It’s the reverse. Layoffs and other aggressive cost-cutting cause CEOs to blather about future AI efficiencies.

      Efficiency is how CEOs justify being still able to run (no, GROW) their companies with 40% less people. Besides AI, there are the dear old “you have to work harder” efficiency (see: 996 culture or Uber ) and the organizational efficiency where they are all “removing managerial layers to enable quicker execution” (see Amazon for instance).

      See how these things became all fashionable again at the same time with tech company CEOs? It’s because they are just excuses and hopes, at this point. And AI is the least bad-sounding of them, because it smells like progress, magic and automation (while even the most rabid of investors will recognize that working employees to death doesn’t scale beyond the limited numbers of hours there are in a day).

  • Zephorah@discuss.online
    link
    fedilink
    English
    arrow-up
    36
    ·
    edit-2
    1 day ago

    I feel like we’re watching billionaires race yachts. One person bought a yacht so then they all had to have a yacht and now they’re racing them against one another because for some fucked up reason that competition really gets them off.

    Only it’s AI/data centers instead of yachts.

    • null@lemmy.org
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 day ago

      Deleted Facebook, but everyone is know is still maintaining an IG.