Yeah… fuck that guy
If they think middle and upper managers can’t be replaced with AI…
I assumed they have been for 40 years. And I’m 41.
Wait until the shareholders discover that with $0.01 in API tokens a LLM can do the same “job” of a CEO, if not even better. And if the decision is unpopular just blame the algorithm! “Sorry we will switch to ceomind_v2_2065_06_04”
Honestly I think AI would do a ton better at replacing humans the higher up the food chain you start.
Replace a CEO with AI and then the lower levels. Keep all the foot soldiers and give them a bump or higher more to scale out and lower workload.
That’s great that they were able to replace people with equipment that they own and control. Oh what’s that? The price and capabilities of this AI can change at any time?
Very safe and cool investment.
They have a lot of wiggle room in pricing software when it’s eliminating whole ass people. The software is competing with a floor of 30-40k/yr
Yes, and as we’ve seen time and time again, companies are totally cool when operating costs suddenly revert back to what they were years ago.
You need to double employee pay to focus on this. If a person takes home $30K gross, the employer’s likely paying double that.
Your pay is not what the employer pays for your labor. At the low end of the pay scale, it’s closer to double. Worker’s comp insurance, unemployment taxes, HR costs, shitloads of things add up. With AI, they’re gambling on deleting all that overhead.
Fair point!
Only if it actually can do their job, which is… Doubtful
Yeah. And AWS was supposed to replace on-prem hosting. Except, now, they represent a higher opex cost than even payroll.
I see no reason why OpenAI isn’t just charging peanuts for service to build a gigantic user base who can’t think without it, then jacking the price up to whatever they want — and I can assure you, if Sam Altman has the option to become an immortal trillionaire, he will take it.
Except, now, they represent a higher opex cost than even payroll.
That’s usually because the on-prem equiment was hidden somewhere in capex, not opex.
There are a lot of cases I’ve been involved with where AWS comes out way cheaper than an on-prem solution, once you take all the costs into consideration. But there are plenty of other cases where it has turned out to be more costly, especially if some bonehead attemted a “like-for-like” migration with no effort to minimize AWS service costs. Take every on-prem VM and stand up a corresponding EC2? Replicate the same rat’s next of connectivity that’s in the legacy system? That’ll probably cost you.
Can’t see why the upcoming price hikes aren’t obvious. Think these AI companies are going to eat shit forever?
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Have shares in AI API and AI User company.
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AI API sucks all the money out AI. Short AI User for the final blow.
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???
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Profit.
Keep in mind by killing AI User company, you extract money of other shareholders that did NOT pivot.
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CEOs think on a quarterly basis, exclusively. Any problems that result are next quarter’s problem!
If you are thinking, “gee whiz, that seems like an insane and deeply unsustainable idea,” you would be right.
Rick, could you stop by my office when you get a sec?
/wrings hands, mutters “bwaa-ha-haaa”
Lets test if I have this format right.
His company will probably fail in the near future.
They rehire in a few months
im a but a lowly worker and this gets me excited too, replacing my job with ai :D <3 letsss gooo
Tech bro are very excited to grifft CEIs with AI
If you put a giant button in front of these people and said if you push the button you’ll get 1 million dollars but someone will die, they’ll have not only slammed the button before you are done with the sentence, but will seemingly have sped up pushing it after you’ve finished. Literal antisocial behaviour that would be pathologized if they weren’t affluent.
TBF, I could sacrifice one person and use that million dollars to save hundreds of lives. Trolly problem, I have to pull that lever.
Esp if you can pick the person. Remote plumbing with a cash reward sounds good to me.
As long as I can choose the person, I’d do it. Win/win.
I wonder how excited he will be when bis company tanks.
He’ll just fail upward. CEOs are protected from the consequences of failure except in exceptional cases.
Its like he just wants to be next!
He should be excited, he will live in interesting times!
player 2, insert coin
Oh, fuck. I really went onion-free with this one.
