But the economics of it, at least from the outside, smell funny.
Some people are anxious that AI will take people's jobs. I'm not. I say this as a daily user. LLMs can be very useful, but they need to be carefully steered. It feels like a superpower the more I am an expert on the subject matter. What I am afraid of is that I suspect that once the dominoes start to fall, the economic downturn that it will spawn will be very, very painful.
Zitron is a bit histrionic, and this may put off people that don't like his style.
Patrick Boyle's more recent video goes from a different angle and was very interesting for me, that have only a passing, layman's understanding of corporate accounting and investments.
Unfortunately I agree and I think we are going to be trapped in a double whammy scenario: genAI is good enough to justify significant layoffs without being profitable enough to justify the investment. The pain on the stock market will cause employers to adopt AI to shrink their workforces even more than they might have otherwise.
But the economics of it, at least from the outside, smell funny.
Some people are anxious that AI will take people's jobs. I'm not. I say this as a daily user. LLMs can be very useful, but they need to be carefully steered. It feels like a superpower the more I am an expert on the subject matter. What I am afraid of is that I suspect that once the dominoes start to fall, the economic downturn that it will spawn will be very, very painful.
Zitron is a bit histrionic, and this may put off people that don't like his style.
If you want a different, more balanced analysis, let me recommend you this: https://youtu.be/NufJ7g63KSY?is=Ojgb5pzrI-wg9wbo
Patrick Boyle's more recent video goes from a different angle and was very interesting for me, that have only a passing, layman's understanding of corporate accounting and investments.