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Comment on AI will reduce workforce, say 41% of execs in a survey

Nougat@fedia.io ⁨7⁩ ⁨months⁩ ago

Say execs. You know, the people who view labor as a cost center.

They say that because that’s what they want to happen, not because it’s a good idea.

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DarkGamer@kbin.social ⁨7⁩ ⁨months⁩ ago
Freeing humans from toil is a good idea, just like the industrial revolution was. We just need our system to adapt and change with this new reality, with AGI and universal basic income we're could live in something like the society in start trek.

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- Nougat@fedia.io ⁨7⁩ ⁨months⁩ ago
  I’m sure that’s what execs are talking about.
  
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kromem@lemmy.world ⁨7⁩ ⁨months⁩ ago
And only 41%.

I’ve advised past clients to avoid reducing headcount and instead be looking at how they can scale up productivity.

It’s honestly pretty bizarre to me that so many people think this is going to result in the same amount of work with less people. Maybe in the short term a number of companies will go that way, but not long after they’ll be out of business.

Long term, the companies that are going to survive the coming tides of change are going to be the ones that aggressively do more and try to grow and expand what they do as much as possible.

Effective monopolies are going out the window, and the diminishing returns of large corporations are going to be going head to head with a legion of new entrants with orders of magnitude more efficiency and ambition.

This is definitely one of those periods in time where the focus on a quarterly return is going to turn out to be a cyanide pill.

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- Nougat@fedia.io ⁨7⁩ ⁨months⁩ ago
  Short term is all that matters. Business fails? Start another one, and now you have a bunch of people that you made unemployed creating downward pressure on labor prices.
  
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  - kromem@lemmy.world ⁨7⁩ ⁨months⁩ ago
    No, you have a lot of people you made unemployed competing with you.
    
    This is already what’s happening in the video game industry. A ton of people have lost their jobs, and VC money has recently come pouring in trying to flip the displaced talent into the next big success.
    
    And they’ll probably do it. A number of the larger publishers are really struggling to succeed with titles that are bombing left and right as a result of executive oversight on attempted cash grabs to please the short term market.
    
    Look at Ubisoft’s 5-year stock price.
    
    Short term is definitely not all that matters, and it’s a rude awakening for those that think it’s the case.
    
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