The ‘white-collar bloodbath’ is all part of the AI hype machine

AI may give us more efficiency, but it will be filled with more bullshit jobs and consumption, not more leisure.

p.s.: I'm a big fan of yours on Twitter.

No.

The bottleneck isn't intellectual productivity. The bottleneck is a legion of other things; regulation, IP law, marketing, etc. The executive email writers and meeting attenders have a swarm of business considerations ricocheting around in their heads in eternal battle with each other. It takes a lot of supposedly brilliant thinking to safely monetize all the things, and many of the factors involved are not manifest in written form anywhere, often for legal reasons.

One place where AI is being disruptive is research: where researchers are applying models in novel ways and making legitimate advances in math, medicine and other fields. Another is art "creatives": graphic artists in particular. They're early victims and likely to be fully supplanted in the near future. A little further on and it'll be writers, actors, etc.

E.g. look at the indie games count on steam by year: https://steamdb.info/stats/releases/?tagid=492

https://www.ft.com/content/4f20fbb9-a10f-4a08-9a13-efa1b55dd...

    > The bank [Goldman Sachs] now has 11,000 engineers among its 46,000 employees, according to [CEO David] Solomon, and is using AI to help draft public filing documents.

    > The work of drafting an S1 — the initial registration prospectus for an IPO — might have taken a six-person team two weeks to complete, but it can now be 95 per cent done by AI in minutes, said Solomon.

    > “The last 5 per cent now matters because the rest is now a commodity,” he said.

Doesnt really matter if AI actually works or not.

Content producers are blocking scrapers of their sites to prevent AI companies from using their content. I would not assume that AI is either inevitable or on a easy path to adoption. AI certainly isn't very useful if what it "knows" is out of date.

I think the reality is less like a switch and more like there are just certain jobs that get easier and you just need fewer people overall.

And you DO see companies laying off people in large numbers fairly regularly.

Shipping features faster != innovation or improvements to existing products

Luckily software companies are not ball bearings factories.

I don't get it either. You hire someone in the hope for ROI. Some things work some kinda don't. Now people will be n times more productive therefore you should hire fewer people??

That would mean you have no ideas. It says nothing about the potential.

It may help you build a real product feature quicker, but AI is not necessarily doing the research and product design which is probably the bottleneck for seeing real impact.

Note: I’m talking about your run of the mill SE waggie work, not startups where your food is based on your output.

Firstly, the capex is currently too high for all but the few.

This is a rather obvious statement, sure. But the impact is a lot of companies "have tried language models and they didn't work", and the capex is laughable.

Secondly, there's a corporate paralysis over AI.

I received a panicky policy statement written in legalaise forbidding employees from using LLMs in any form. Written both out of a panic regarding intellectual property leaking but also a panic about how to manage and control staff moving forward.

I think a lot of corporates still clutch at this view that AI will push the workforce costs down and are secretly wasting a lot money failing at this.

The waste is extraordinary, but it's other peoples money (it's actually the shareholders money) and it's seen as being all for a good cause and not something to discuss after it's gone. I can never get it discussed.

Meanwhile, at a grass roots level, I see AI is being embraced and is improving productivity, every second IT worker is using it, it's just that because of this corporate panicking and mismanagement, it's value is not yet measured.

  > shipping features and fixes faster than ever before

Seriously, this shit can be solved with a regex...

The number of issues like these I see is growing exponentially, not decreasing. I don't think it's AI though, because it started before that. I think these companies are just overfitting whatever silly metrics they have decided are best

Worker productivity is secondary to business destruction, which is the primary event we're really waiting for.

I'd also highlight that beyond over-hiring being responsible for the downturn in tech employment, I think offshoring is way more responsible for the reduction in tech than AI when it comes to US jobs. Video conferencing tech didn't get really good and ubiquitous (especially for folks working from home) until the late teens, and since then I've seen an explosion of offshore contractors. With so many folks working remotely anyway, what does it matter if your coworker is in the same city or a different continent, as long as there is at least some daily time overlap (which is also why I've seen a ton of offshoring to Latin America and Europe over places like India).

Software was truly truly insane for a bit there. Straight out of college, no-name CS degree, making $120, $150k (back when $120k really meant $120k)? The music had to stop on that one.

Some managers read Dilbert and think it's intended as advice.

I’m worried about the shrinking number of opportunities for juniors.

And AI cannot provide that kind of value. Will a VP in charge of 100 AI agents be respected as much as a VP in charge of 100 employees?

At the end of the day, we're all just monkeys throwing bones in the air in front of a monolith we constructed. But we're not going to stop throwing bones in the air!

Which is the sole reason automation will not make most people obsolete until the VP level themselves are automated.

This had me thinking, how are they going to get "clout", by comparing AI spending?

I’ve seen those guys it is painful to watch.

And there's multiple confounding factors at play.

Yes, lots of jobs are bullshit, so maybe AI is a plausible excuse to downside and gain efficiency.

But also the dynamic that causes the existence of bullshit jobs hasn't gone away. In fact, assuming AI does actually provide meaningful automation or productivity improvemenet, it might well be the case that the ratio of bullshit jobs increases.

First, is AI really a better scapegoat? "Reducing headcount due to end of ZIRP" maybe doesn't sound great, but "replacing employees with AI" sounds a whole lot worse from a PR perspective (to me anyway).

Second, are companies actually using AI as the scapegoat? I haven't followed it too closely, but I could imagine that layoffs don't say anything about AI at all, and it's mostly media and FUD inventing the correlation.

Because they don't have to do that. They could just operate at max efficiency all the time.

Instead, they spread the wealth a bit by having bullshit jobs, even if the existence of these jobs is dependent on the market cycle.

I think quotes around "real value" would be appropriate as well. Consider all the great engineering it took to create Netflix, valued at $500b - which achieves what SFTP does for free.

The whole idea of interns, is as training positions. They are supposed to be a net negative.

The idea is that they will either remain at the company, after their internship, or move to another company, taking the priorities of their trainers, with them.

But nowadays, with corporate HR, actively doing everything they can to screw over their employees, and employees, being so transient, that they can barely remember the name of their employer, the whole thing is kind of a worthless exercise.

At my old company, we trained Japanese interns. They would often relocate to the US, for 2-year visas, and became very good engineers, upon returning to Japan. It was well worth it.

Today, you hire an intern and they need a lot of hand-holding, are often a net tax on the org, and they deliver a modest benefit.

Tomorrow's interns will be accustomed to using AI, will need less hand-holding, will be able to leverage AI to deliver more. Their total impact will be much higher.

The whole "entry level is screwed" view only works if you assume that companies want all of the drawbacks of interns and entry level employees AND there is some finite amount of work to be done, so yeah, they can get those drawbacks more cheaply from AI instead.

But I just don't see it. I would much rather have one entry level employee producing the work of six because they know how to use AI. Everywhere I've worked, from 1-person startup to the biggest tech companies, has had a huge surplus of work to be done. We all talk about ruthless prioritization because of that limit.

So... why exactly is the entry level screwed?

Delegation, properly defined, involves transferring not just the task but the judgment and ownership of its outcome. The perfect delegation is when you delegate to someone because you trust them to make decisions the way you would — or at least in a way you respect and understand.

You can’t fully delegate to AI — and frankly, you shouldn’t. AI requires prompting, interpretation, and post-processing. That’s still you doing the thinking. The implementation cost is low, sure, but the decision-making cost still sits with you. That’s not delegation; it’s assisted execution.

Humans, on the other hand, can be delegated to — truly. Because over time, they internalize your goals, adapt to your context, and become accountable in a way AI never can.

Many reasons why AI can't fill your shoes:

1. Shallow context – It lacks awareness of organizational norms, unspoken expectations, or domain-specific nuance that’s not in the prompt or is not explicit in the code base.

2. No skin in the game – AI doesn’t have a career, reputation, or consequences. A junior human, once trained and trusted, becomes not only faster but also independently responsible.

Junior and Interns can also use AI tools.

You’re probably not going to transform your company by issuing Claude licenses to comfortable middle-aged career professionals who are emotionally attached to their personal definition of competency.

Companies should be grabbing the kids who just used AI to cheat their way through senior year, because that sort of opportunistic short-cutting is exactly what companies want to do with AI in their business.

This feels like the ultimate pulling up the ladder after you type of move.

I've been interviewing marketing people for the last few months (I have a marketing background from long ago), and the senior people were either way too expensive for our bootstrapped start-up, or not of the caliber we want in the company.

At the same time, there are some amazing recent grads and even interns who can't get jobs.

We've been hiring the younger group, and contracting for a few days a week with the more experienced people.

Combine that with AI, and you've got a powerful combination. That's our theory anyway.

It's worked pretty well with our engineers. We are a team of 4 experienced engineers, though as CEO I don't really get to code anymore, and 1 exceptional intern. We've just hired our 2nd intern.

There have never been that many businesses able to hire novices for this reason.

If LLMs continue to become more powerful, hiring more juniors who can use them will be a no-brainer.

AI can barely provide the code for a simple linked list without dropping NULL pointer dereferences every other line...

Been interviewing new grads all week. I'd take a high performing new grad that can be mentored into the next generation of engineer any day.

If you don't want to do constant hand holding with a "meh" candidate...why would you want to do constant hand holding with AI?

> I often find myself choosing to just use an AI for work I would have delegated to them, because I need it fast and I need it now.

Not sure what you are working on. I would never prioritize speed over quality - but I do work in a public safety context. I'm actually not even sure of the legality of using an AI for design work but we have a company policy that all design analysis must still be signed off on by a human engineer in full as if it were 100% their own.

I certainly won't be signing my name on a document full of AI slop. Now an analysis done by a real human engineer with the aid of AI - sure, I'd walk through the same verification process I'd walk through for a traditional analysis document before signing my name on the cover sheet. And that is something a jr. can bring to me to verify.

1. Because, generally, they don't.

2. Because an LLM is not a person, it's a chatbot.

3. "Hire an intern" is that US thing when people work without getting real wages, right?

Grrr :-(

The same thing will happen to Gen Z because of AI.

In both cases, the net effect of this (and the desired outcome) is to suppress wages. Not only of entry-level job but every job. The tech sector is going to spend the next decade clawing back the high costs of tech people from the last 15-20 years.

The hubris here is that we've had a unprecedented boom such that many in the workforce have never experienced a recession, what I'd call "children of summer" (to borrow a George RR Martin'ism). People have fallen into the trap of the myth of meritocracy. Too many people thing that those who are living paycheck to paycheck (or are outright unhoused) are somehow at fault when spiralling housing costs, limited opportunities and stagnant real wages are pretty much responsible for everything.

All of this is a giant wealth transfer to the richest 0.01% who are already insanely wealthy. I'm convinced we're beyond the point where we can solve the problems of runaway capitalism with electoral politics. This only ends in tyranny of a permanent underclass or revolution.

I spend a lot of time encouraging people to not fight the tide and spend that time intentionally experimenting and seeing what you can do. LLMs are already useful and it's interesting to me that anybody is arguing it's just good for toy applications. This is a poisonous mindset and results in a potentially far worse outcome than over-hyping AI for an individual.

I am wondering if I should actually quit a >500K a year job based around LLM applications and try to build something on my own with it right now.

I am NOT someone that thinks I can just craft some fancy prompt and let an LLM agent build me a company, but I think it's a very powerful tool when used with great intention.

The new grads and entry level people are scrappy. That's why startups before LLMs liked to hire them. (besides being cheap, they are just passionate and willing to make a sacrifice to prove their worth)

The ones with a lot of creativity have an opportunity right now that many of us did not when we were in their shoes.

In my opinion, it's important to be technically potent in this era, but it's now even more important to be creative - and that's just what so many people lack.

Sitting in front of a chat prompt and coming up with an idea is hard for the majority of people that would rather be told what to do or what direction to take.

My message to the entry-level folks that are in this weird time period. It's tough, and we can all acknowledge that - but don't let cynicism shackle you. Before LLMs, your greatest asset was fresh eyes and the lack of cynicism brought upon by years of industry. Don't throw away that advantage just because the job market is tough. You, just like everybody else, have a very powerful tool and opportunity right in front of you.

The amount of people trying to convince you that it's just a sham and hype means that you have less competition to worry about. You're actually lucky there's a huge cohort of experienced people that have completely dismissed LLMs because they were too egotistical to spend meaningful time evaluating it and experimenting with it. LLM capabilities are still changing every 6 months-1 year. Anybody that has decided concretely that there is nothing to see here is misleading you.

Even in the current state of LLM if the critics don't see the value and how powerful it is mostly a lack of imagination that's at play. I don't know how else to say it. If I'm already able to eliminate someone's role by using an LLM then it's already powerful enough in its current state. You can argue that those roles were not meaningful or important and I'd agree - but we as a society are spending trillions on those roles right now and would continue to do so if not for LLMs

Those people who were able to get work were now subject to a much more dangerous workplace and forced into a more rigid legalized employer/employee structure, which was a relatively new "corporate innovation" in the grand scheme of things. This, of course, allowed/required the state to be on the hook for enforcement of the workplace contract, and you can bet that both public and private police forces were used to enforce that contract with violence.

Certainly something to think about for all the users on this message board who are undoubtedly more highly skilled craftspeople than most, and would never be caught up in a mass economic displacement driven by the introduction of a new technological innovation.

At the very least, it's worth a skim through the Wikipedia article: https://en.wikipedia.org/wiki/Luddite

For instance, upper-middle-class and middle-class individuals in countries like India and Thailand often have access to better services in restaurants, hotels, and households compared to their counterparts in rich nations.

Elderly care and health services are two particularly important sectors where society could benefit from allocating a larger workforce.

Many others will have roles to play building, maintaining, and supervising robots. Despite rapid advances, they will not be as dexterous, reliable, and generally capable as adult humans for many years to come. (See: Moravec's paradox).

Sure it is painful but a ZIRP economy doesn't listen to the end consumers. No reason to innovate and create crazy ideas if you have plenty of income.

I think this situation is very similar in terms of the underestimation of scope of application, however differs in the availability of new job categories - but then that may be me underestimating new categories which are as yet as unforeseen as stokers and train conductors once were.

Even if you think all the naysayers are “luddites”, do you really think it’s a great idea to have no backup plan beyond “whupps we all die or just go back to the Stone Age”?

The only reason this existed in the first place is because measuring performance is extremely difficult, and becomes more difficult the more complex a person's job is.

AI won't fix that. So even if you eliminate 50% of your employees, you won't be eliminating the bottom 50%. At worst, and probably what happens on average, your choices are about as good as random choice. So you end up with the same proportion of shitty workers as you had before. At worst worst, you actively select the poorest workers because you have some shitty metrics, which happens more often than we'd all like to think.

Note that AI wipes out the jobs, but not the tasks themselves. So if that's true, as a consumer, expect more sleepwalked, half-assed products, just created by AI.

I just wish that instead of getting more efficient at generating bullshit, we could just eliminate the bullshit.

It's a perversion of the free market and isn't good for anyone.

So, what you're describing is a mythical situation for me. But - US corporations are fabulously rich, or perhaps I should say highly-valued, and there are lots of investors to throw money at things I guess, so maybe that actually happens.

Compare: "Whenever I think of skeptics dismissing completely novel and unprecedented outcomes occurring by mechanisms we can't clearly identify or prove (will) exist... I think of skeptics who dismissed an outcome that had literally hundreds of well-studied historical precedents using proven processes."

You're right that humans don't have a good intuition for non-linear growth, but that common thread doesn't heal over those other differences.

We are still dealing with the aftereffects, which led to the elimination of any working class representation in politics and suppression of real protests like Occupy Wall Street.

When this bubble bursts, the IT industry will collapse for some years like in 2000.

This isn't very informative. Indeed, engaging in this argument-by-analoguy betrays a lack of actual analysis, credible evidence and justification for a position. Arguing "by analogy" in this way, which picks and chooses an analogy, just restates your position -- it doesnt give anyone reasons to believe it.

Uh, not to be petty, but the growth was not exponential — neither in retrospect, nor given what was knowable at any point in time. About the most aggressive, correct thing you could’ve said at the time was “sigmoid growth”, but even that was basically wrong.

If that’s your example, it’s inadvertently an argument for the other side of the debate: people say lots of silly, unfounded things at Peak Hype that sound superficially correct and/or “smart”, but fail to survive a round of critical reasoning. I have no doubt we’ll look back on this period of time and find something similar.

But that didn’t happen. All of the people like pg who drew these accelerating graphs were wrong.

In fact, I think just about every commenter on COVID was wrong about what would happen in the early months regardless of political angle.

This moment feels exactly to me like that moment when we were going to “shut down for two weeks” and the majority of people seemed to think that would be the end of it.

It was clear where the trend was going, but exponentials always seem ridiculous on an intuitive level.

Besides the labor economist bit, it also makes the correct point that tech people regularly exaggerate and lie. A great example of this is biotech, a field I work in.

It's not CNN exlusive. Newsmedia that did not evolve towards clicks, riling up people, hatewatching and paid propaganda to the highest bidder went extinct a decade ago. This is what did evolve.

Not just this topic.

We will wake up in 5 yrs to find we replaced people for a dependence on a handful of companies that serve llms and make inference chips. Its beyond dystopian.

On the first point, unemployment during the Great Depression was “only” 30%. And those people were eventually able to find other jobs. Here, we are talking about permanent unemployment for even larger numbers of people.

The Luddites were right. Machines did take their jobs. Those individuals who invested significantly in their craft were permanently disadvantaged. And those who fought against it were executed.

And on point 2, to be precise, a lack of jobs doesn’t mean a lack of problems. There are a ton of things society needs to have accomplished, and in a perfect world the guy who was automated out of packing Amazon boxes could open a daycare for low income parents. We just don’t have economic models to enable most of those things, and that’s only going to get worse.

One of which was the occupation of being a computer!

Nowadays I'm learning my parents' tongue (Cantonese) and Mandarin. It's just comical how badly the LLMs do sometimes. I swear they roll a natural 1 on a d20 and then just randomly drop a phrase. Or at least that's my head canon. They're just playing DnD on the side.

So far, for any given automation, each actor gets to cut their own costs to their benefit — and if they do this smarter than anyone else, they win the market for a bit.

Every day the turkey lives, they get a bit more evidence the farmer is an endless source of free food that only wants the best for them.

It's easy to fool oneself that the economics are eternal with reference to e.g. Jevons paradox.

And if it could think, it would probably be very proud of the quarter (hour) figures that it could present. The Number has gone up, time for a reward.

I guess funding for processing power and physical machinery to run the AI backing a product would be the biggest barrier to entry?

All the people employed by the government and blue collar workers? All the entrepreneurs, gig workers, black market workers, etc?

It's easy to imagine a world in which there are way less white collar workers and everything else is pretty much the same.

It's also easy to imagine a world in which you sell less stuff but your margins increase, and overall you're better off, even if everybody else has less widgets.

It's also easy to imagine a world in which you're able to cut more workers than everyone else, and on aggregate, barely anyone is impacted, but your margins go up.

There's tons of other scenarios, including the most cited one - that technology thus far has always led to more jobs, not less.

They're probably believing any combination of these concepts.

It's not guaranteed that if there's 5% less white-collar workers per year for a few decades that we're all going to starve to death.

In the future, if trends continue, there's going to be way less workers - since there's going to be a huge portion of the population that's old and retired.

You can lose x% of the work force every year and keep unemployment stable...

A large portion of the population wants a lot more people to be able to not work and get entitlements...

It's pretty easy to see how a lot of people can think this could lead to something good, even if you think all those things are bad.

Two people can see the same painting in a museum, one finds it beautiful, and the other finds it completely uninteresting.

It's almost like asking - how can someone want the Red team to win when I want the Blue team to win?

Your UBI will be controlled by the government, you will have even less agency than you currently have and a hyper elite will control the thinking machines. But don't worry, the elite and the government are looking out for your best interest!

Sure there can be rich people who are radical enough to push for another phase of capitalism.

That’s a kind of a capitalism which is worse for workers and consumers. With even more power in the hands of capitalists.

It just happens that up to this point there have been things that couldn't be done by capital. Now we're entering a world where there isn't such a thing and it is unclear what that implies for the job market. But people not having jobs is hardly a bad thing as long as it isn't forced by stupid policy, ideally nobody has to work.

> ...I'm wondering if we would be having the same conversation if money for startups was thrown around (and more jobs were being created for SWEs) the way it was when interest rates were zero.

The end of free money probably has to do with why C-level types are salivating at AI tools as a cheaper potential replacement for some employees, but describing the interest rates returning to nonzero percentages as going insane is really kind of a... wild take?

The period of interest rates at or near zero was a historical anomaly [1]. And that policy clearly resulted in massive, systemic misallocation of investment at global scale.

You're describing it as if that was the "normal?"

[1]: https://www.macrotrends.net/2015/fed-funds-rate-historical-c...

1a. most seed/A stage investing is acyclical because it is not really about timing for exits, people just always need dry powder

1b. tech advancement is definitely acyclical - alexnet, transformers, and gpt were all just done by very small teams without a lot of funding. gpt2->3 was funded by microsoft, not vc

2a. (i have advance knowledge of this bc i've previewed the keynote slides for ai.engineer) free vc money slowed in 2022-2023 but has not at all dried up and in fact reaccelerated in a very dramatic way. up 70% this yr

2b. "vc" is a tenous term when all biglabs are >>10b valuation and raising from softbank or sovereign wealth. its no longer vc, its about reallocating capital from publics to privates because the only good ai co's are private

Suggests you are accumulating money, not losing it. That I think is the point of the original comment: AI is getting better, not worse. (Or humans are getting worse? Ha ha, not ha ha.)

You're not going to sell me your SaaS when I can rent AIs to make faster cheaper IP that I actually own to my exact specifications.

Cynically, I'm happy we have this AI generated code. It's gonna create so much garbage and they'll have to pay good senior engineers more money to clean it all up.

fucking lmao

First part of this statement is clearly false. People on the phone in a tech support company are very much necessary to generate revenue, people tending to field were very much necessary to extract the value of the fields. Draftsmen before CAD were absolutely necessary etc.

Yet technology replaced them, or is in the process of doing so.

So then, your statement simplifies to “if you want to be safe for replacement have a job that’s hard to replace” which isn’t very useful anymore.

For any bet that involves purchasing bits of profits you you could be right and lose money because because the government generally won't allow the entire economy to implode.

By the time a bubble pops literally everyone knows they're in a bubble, knowing something is a bubble doesn't make it irrational to jump on the bandwagon.

Why is that the counter-narrative? Doesn't it seem more likely that it will contine to gradually improve, perhaps asymptotically, maybe be more specifically trained in the niches where it works well, and it will just become another tool that humans use?

Maybe that's a flop compared to the hype?

The answer (as always) lies somewhere in the middle. Expert software developers who embrace the tech whole heartedly while understanding its' limitations are now in an absolute golden era of being able to do things they never could have dreamed of before. I have no doubt we will see the first unicorns made of "single pizza" size teams here shortly.

https://x.com/kimmonismus/status/1927843826183589960

So it's index funds (as always) with me anyway.

People charging on their credit cards. Consumers are adding $2 billion in new debt every day.

"Total household debt increased by $167 billion to reach $18.20 trillion in the first quarter"

https://www.newyorkfed.org/microeconomics/hhdc

Rich people buying even fancier goods and services. You already see this in the auto industry. Why build a great $20,000 car for the masses when you can make the same revenue selling $80,000 cars to rich people (and at higher margins)? This doesn't work of course when you have a reasonably egalitarian society with reasonable wealth inequality. But the capitalists have figured out how to make 75% of us into willing slaves for the rest. A bonus of this is that a good portion of that 75% can be convinced to go into lifelong debt to "afford" those things they wish they could actually buy, further entrenching the servitude.

Like in Europe where you're forced to pay a notary to start a business - it's not really even necessary, nevermind something that couldn't be automated, but it's just but of the establishment propping up bureaucrats.

Whereas LLMs and generative models in art and coding for example, help to avoid loads of bureaucracy in having to sort out contracts, or even hire someone full-time with payroll, etc.

Same as a washing machine / drier. Chuck the clothes in, press a button, done.

There are Roomba style lawnmowers for your grass cutting.

I'll grant you painting a house and plumbing a toilet aren't there yet!

TBH, I do think that AI can deliver on the hype of making tools with genuinely novel functionality. I can think of a dozen ideas off the top of my head just for the most-used apps on my phone (photos, music, messages, email, browsing). It's just going to take a few years to identify how to best integrate them into products without just chucking a text prompt at people and generating stuff.

If you want to waste my time with an automated nonsense we should at least even the playing field.

This is feasible with today’s technology.

Rule 0 is that you never put your angel investors out of work if you want to keep riding on the gravy train

“ Final Thought (as a CEO):

I wouldn’t force a full return unless data showed a clear business case. Culture, performance, and employee sentiment would all guide the decision. I’d rather lead with transparency, flexibility, and trust than mandates that could backfire.

Would you like a sample policy memo I’d send to employees in this scenario?”

A better, more reasonable CEO than the one I have. So I’m looking forward to AI taking that white collar job especially.

A lot of the BS jobs are being killed off. Do some non-bs jobs get burn up in the fire along the way, yes. But it's only the beginning.

It's the AI hype squad that are banking their future on AI magically turning into AGI; because, you know, it surprised us once.

It was never used in the sense of denigrating potential competitors in order to stay employed.

> People like this have banked their futures on AI not working out.

If "AI" succeeds, which is unlikely, what is your recommendation to journalists? Should they learn how to code? Should they become prostitutes for the 1%?

Perhaps the only option would be to make arrangements with the Mafia like dock workers to protect their jobs. At least it works: Dock workers have self confidence and do not constantly talk about replacing themselves. /s

Sometimes my boss has asked me to do something that in the long run will cost the company dearly. Luckily for him, I am happy to push back, because I can understand what we're trying to achieve and help figure the best option for the company based on my experience, intuition and the data I have available.

There's so much more to working with a team than: "Here is a very specific task, please execute it exactly as the spec says". We want ideas, we want opinions, we want bursts of creative inspiration, we want pushback, we want people to share their experiences, their intuition, the vibe they get, etc.

We don't want AI agents that do exactly what we say; we want teams of people with different skill sets who understand the problem and can interpret task through the lens of their skill set and experience, because a single person doesn't have all the answers.

I think your ex-boss Mike will very soon find himself trapped in local minima of innovation, with only his own understanding of the world, and a sycophantic yes-man AI employee that will always do exactly as he says. The fact that AI mostly doesn't work is only part of the problem.

As a user, I haven’t seen a huge impact yet on the tech I use. I’m curious what the coming years will bring, though.

LLMs are good productivity tools. I've been using it for coding, and it is massively helpful, really speeds things up. There's a few asterisks there though

1) I does generate bullshit, and this is an unavoidable part of what LLMs are. The ratio of bullshit seems to come down with reasoning layers above it, but they will always be there.

2) LLMs, for obvious reasons, tend to be more useful the more mainstream languages and libraries I am working with. The more obscure it is, the less useful it gets. It may have a chilling effect on technological advancement - new improved things are less used because LLMs are bad at them due to lack of available material, the new things shrivel and die on the vine without having a chance of organic growth.

3) The economics of it are super unclear. With the massive hype there's a lot of money slushing around AI, but those models seem obscenely expensive to create and even to run. It is very unclear how things will be when the appetite of losing money at this wanes.

All that said, AI is multiple breakthroughs away of replacing humans, which does not mean they are not useful assistants. And increase in productivity can lead to lower demand for labor, which leads ro higher unemployment. Even modest unemployment rates can have grim societal effects.

The world is always ending anyway.

Enough to cause the next financial crash, achieving a steady increase of 10% global unemployment in the next decade at worst,

That is the true definition of AGI.