• Akh@lemmy.world
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    3 days ago

    WeWork was declared a failure when it lost 6 billion in a year. OpenAI is net negative 17 billion a year…

    • darvocet@infosec.pub
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      3 days ago

      There is quite a difference from an investor standpoint in a product that replaces all human labor vs coworking space.

        • M137@lemmy.today
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          1 day ago

          “It hasn’t affected me so that means it’s the same for everyone else” idiocy level thinking.

        • Blue_Morpho@lemmy.world
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          3 days ago

          I don’t use it but my wife uses it for spreadsheet equations. She has to verifiy and test every answer but then so would anything written by an intern.

          So yeah, AI is killing jobs, not in an individual sense, but in aggregate like spreadsheet software did 50 years ago when before that all work was done by hand.

            • Blue_Morpho@lemmy.world
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              3 days ago

              That’s just making one person do the job of more than one.

              Capitalism has been doing that long before LLM’S.

              That’s just making one person do the job of more than one.

              How do you call bs on one person doing the work that used to take two? It was one person and an intern.

              Every company had a secretary pool 60 years ago before word processors allowed people to type by themselves without an extra support person.

              • kestrel7_7@lemmy.world
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                2 days ago

                People could have always learned to type, that part didn’t change much with the switch to computers. I think they just liked having secretaries around back in the day and were willing to pay for it.

                • Blue_Morpho@lemmy.world
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                  2 days ago

                  Typing quickly on a mechanical typewriter is a skill not easily mastered. It’s not just the typing, it is the extreme accuracy needed. There’s no backspace and no cut and paste. A letter covered in white out isn’t acceptable.

                  • kestrel7_7@lemmy.world
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                    2 days ago

                    I have a few mechanical typewriters I got into as a hobby, it’s not that hard. This is where I’m just like, skill issue. People didn’t want to type, they just liked having secretaries around and were willing to pay for it. Back in the 70’s and earlier they literally thought typing was “women’s work” like sewing because it required high levels of manual dexterity that big tough men were obviously incapable of.

              • No1@aussie.zone
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                2 days ago

                aka ‘Productivity increase’

                Productivity has increased for decades without much of it going to wage increases. Instead, it’s gone to the companies/shareholders

        • thisIsaSuperPrivate@fedinsfw.app
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          3 days ago

          We’ve started to lean into it at work and I am not exaggerating when I say that I’m probably doing three people’s job right now by utilizing it.

          It’s terrifying and amazing and I’m just not sure how far this is going to go.

          Now these jobs were not scheduled for anybody. It’s not like jobs were lost. But they are jobs that are never going to be taken by new people. Because those openings don’t exist anymore.

          Sad as it is.

          • JcbAzPx@lemmy.world
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            2 days ago

            Good luck debugging when something goes bad down the line.

            I mean that seriously, I wish you luck.

            • tabarnaski@sh.itjust.works
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              2 days ago

              Honestly, this whole “AI software development will make code less maintainable” stance is not an AI problem, it’s a human problem. When you use agents to generate code, you still need to review it, test it and so on. Granted, some devs let their agents manage every step in the pipeline without supervision, but this is as dumb as letting a team of 4 juniors work without supervision. If you have real experience in software development, you will take the time required to validate the code created by your agents and still be able to deploy 5-10 times faster.

              • DrCake@lemmy.world
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                2 days ago

                Also it’s not like all pre-ai codebases were masterpieces, easily maintainable with no tech debt.

                AI doesn’t have a monopoly on slop, humans are perfectly capable of that. AI can just write more of it, quicker

          • BluescreenOfDeath@lemmy.world
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            3 days ago

            Let’s say for a moment that AI really is as capable as AI bros want you to believe it is. Having used some AI models at my work (network engineer), I’m not so convinced, but I’ll put that aside for a moment.

            The pinch of the AI vise is going to be the cost. All the AI companies are running at loss to try and capture the market, and they’ll need to charge a lot more for access to AI once a winner is determined.

            Are you willing to pay 10x what you pay right now for access to an AI agent? Because that’s looking like what they’ll have to do in order to turn these companies profitable.

            • Sturgist@piefed.ca
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              3 days ago

              Are you willing to pay 10x what you pay right now for access

              That’s really the crux of the matter. Regardless of if it’s fit for purpose to replace paid labour, is it actually financially viable in any way to replace humans with an AI model that works but costs several times more than a human work force while not being able to be held legally accountable.

              • ExcessShiv@lemmy.dbzer0.com
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                3 days ago

                If this future AI agent solves the task at a fraction of the time, it can still be financially viable at several times the cost.

                • atomicbocks@sh.itjust.works
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                  3 days ago

                  That only makes sense if money is made on the output. What you’re basically saying is X Toy Company will make more money if they make more toys. What you’re forgetting is that there has to be a demand for those toys. So X Toy Company can’t replace workers with AI unless there’s more demand for the toys than there is currently able to be fulfilled and there’s no evidence for that across all sectors of the economy.

                  • ExcessShiv@lemmy.dbzer0.com
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                    3 days ago

                    exactly, depending on the case it’s a possibility and not a guarantee, which is why I also wrote it can be, not it will be.

            • Ostfriesentee@feddit.org
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              2 days ago

              I pay zero, not even electricity because it’s being generated in this building, for my agent. It’s running entirely on my computer and it’s decent enough. The LLM subscription companies are eventually going to fail because everyone and their dog is going to be able to run their own models.

              • hitmyspot@aussie.zone
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                2 days ago

                Not of they can’t buy computers any more.

                I’m wondering if we’ll get a rise in old school tech due to high cost of ram, CPUs and gpus.

                Windows will struggle if that’s the case.Linux will be fine.

            • apudgypanda@lemmy.zip
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              3 days ago

              even better is the open weight, free models you can tailor to specific needs, which directly undercuts these massive “ai” companies.

              So if/when those hikes happen, those self hosted models are going to look a lot more appetizing too

            • ElChinchilla@lemmy.world
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              3 days ago

              Our company built an “AI” system that literally only searches our other shitty system and gives a usable interface. It is not AI and im sick of every database interface being called AI.

              LLM at least makes sense from a nomenclature perspective.

              10 years ago it was “smart thermostats” “smart x” just because they could connect to the internet.

              This is the same gilded bullshit these companies always spin.

            • Blue_Morpho@lemmy.world
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              3 days ago

              Are you willing to pay 10x what you pay right now

              They lost $20B on $50B revenue. That means they only need to double the price to make up the loss and have a profit.

              • wewbull@feddit.uk
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                2 days ago

                They’re playing all kinds of games with the numbers right now. They’re trying to IPO so hiding costs under other headings outside the core business. Don’t trust what they openly state. It’s far worse.

                • Blue_Morpho@lemmy.world
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                  2 days ago

                  Maybe but you have to work with the data you have, not the data you want to see.

                  Imagining that the enemy is on the brink of collapse isn’t a good mind set when you are fighting something. It encourages laziness.

                  • wewbull@feddit.uk
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                    1 day ago

                    The data is there, but it’s not in what those companies say. It’s in the books of the companies they have relationships with.

                    I do agree with your second statement though.

              • TehWorld@lemmy.world
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                2 days ago

                I’m fairly certain these numbers are made up. Additionally, I’m betting those numbers include investment dollars, as opposed to paid revenue.

            • Knock_Knock_Lemmy_In@lemmy.world
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              2 days ago

              All the AI companies are running at loss

              That is if you include training. Look at deepseek for an idea of inference costs. At that level AI coding is sustainable (but not worth $2tn).

                • Knock_Knock_Lemmy_In@lemmy.world
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                  2 days ago

                  Is it? It’s vital to the tech giants marketing and trillion dollar valuation. But I don’t think it’s vital to most of their clients anymore.

                  • wewbull@feddit.uk
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                    2 days ago

                    If you want it’s “knowledge” to be up to date, the training never ends.

            • darvocet@infosec.pub
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              3 days ago

              I’ve already seen it replace people in various roles successfully. It’s getting better – will it replace everyone? No, but it will be disruptive and it seems foolish to not acknowledge what is obvious - jobs will be affected.

                • darvocet@infosec.pub
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                  3 days ago

                  Haha I’m not a AI Stan. I am the only one it seems truly worried about never having a job again.

                  Their investor pitch is this technology replaces all human labor. That’s their framing not mine.

              • BluescreenOfDeath@lemmy.world
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                3 days ago

                My honest problem with AI is the hallucinations.

                They’ve been shown to be a mathematical inevitability, and that means everything they ever make must be fully reviewed.

                And that’s antithetical to everything I’ve known about computers in my career.

                The entire reason why computers are so useful and reliable is because, until now, they always produce the same outputs given the same inputs.

                One of the AI agents I’ve interacted with was in a GPS monitoring system for fleet vehicles. I was a supervisor of technicians, and I got a report that a company truck with license plate [X] ran a stop sign.

                They replaced their standard search function with an AI bot, so I asked it which vehicle in the fleet had license plate [X]. And it confidently responded with a vehicle that didn’t have that license plate.

                A standard search function, comparing an input to database values for vehicles wouldn’t have that problem. And that’s why I’m so sure this is a bubble and not a major technological market disruption.

              • PattyMcB@lemmy.world
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                3 days ago

                Jobs have already been affected, yes. Not “adequately” done in lieu of a human, though.

                And it still takes a human to steer the things.

      • dreamkeeper@literature.cafe
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        3 days ago

        Lmao replaces all human labor? ChatGPT can’t change my tires. It can’t even write decent code without direct supervision

        • HerbGrower@slrpnk.net
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          2 days ago

          It doesn’t matter if it works, if investors think it does that is enough for them to throw money at it.

            • BlaestEgnen@feddit.dk
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              2 days ago

              When the investors are Microsoft, Google, Meta and Amazon. Then they have some deep pockets

              • EmilieEasie@fedinsfw.app
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                2 days ago

                True, very deep, and for a while they had nothing to really spend on, which is why, say it with me! Markets can remain irrational longer than you can stay solvent

                But it’s still not infinite

          • Miaou@jlai.lu
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            2 days ago

            That’s says more about how bad the average developer is tbh.

      • demonsword@lemmy.world
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        3 days ago

        a product that replaces all human labor

        you’re in too deep in the tech bros’ propaganda dude, wake up

    • ceenote@lemmy.world
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      3 days ago

      Yes, but consider that AI being successful would maybe let your boss fire you, and they super duper want to fire you and everyone.

    • Trilogy3452@lemmy.world
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      2 days ago

      I thought they’re 20 billion below the expected revenue doesn’t say loss. Is this from another source?