Don’t you understand business? Using AI attracts investors. Laying off people also attracts investment ever since Jack Welch. So this is win-win for attracting investment.
Making products and selling them? That’s a 20th century mindset. The amount of money you can make off the middle class is peanuts compared to what you can get from billionaire investors. Lay off all the employees, max out the tokens, make billions so you can afford a bunker to live in when the whole thing collapses. That how we do business in the 21st century!
🔔🔔🔔
Have you met middle management? I’d take an LLM running on a Core 2 Duo over the decision making skills of someone who thinks an A3 sheet of paper can solve every problem.
LLMs can not replace actual productive humans but I will not shed a single tear if they wipe out the e-mail spamming, bean counting, micro-managing twits, who desperately want “AI” to improve their “workforce.”
Why are tech companies laying off the humans?
Because they think they can reduce costs / increase profits by doing it.
Technically they will. They’ll have quarterly gains for a moment and then much greater losses as they have to rehire and run extra hours to fix everything that got screwed up. That said most companies are myopic enough that they’ll be happy about the quarterly gains and baffled befuddled and outraged about the subsequent losses.
They’ll have quarterly gains for a moment and then much greater losses
As the pattern repeats itself yet again.
most companies are myopic enough that they’ll be happy about the quarterly gains and baffled befuddled and outraged about the subsequent losses.
I endured enough years as a corporate drone to have experienced that pattern repeat itself multiple times.
Because it never mattered if the technology worked or not, it was about dehumanizing workers.
Because if you say you’re doing layoffs because you’re doing poorly or want to bribe shareholders it’s bad, but if you say you’re being innovative you’re worthy of investment.
It’s cover. They’re not laying off because of AI. They’re laying off to make line go up.
bingo. I live in Toronto and i’m a contractor that is doing code reviews with a focus on LLMs for startups and other small tech firms. I’d say 9 out of 10 times my reports can be summed up as “this could have all been avoided if a team of devs had remained on staff” and then I fix it.
They’ll keep trucking along with AI and then hiring people like me for a premium because in the long run it’s still cheaper than having a team of 5+ devs on staff and that line will go up. the AI isn’t improving anything, it’s hindering them but it’s still slightly cheaper than having humans on board. broken and delayed product be damned, their still saving a couple nickels.
hey! I’m in Markham … our company is trying to be AI first. We’re having it set up a brand new project from scratch.
Instead of letting the devs talk about it and then using AI to build the code. They funnel the batch of tickets straight into the AI machine and we have to review the code afterwards.
It takes so long to review the code. Most devs don’t like reading lots of Markdown files to get the assumptions onto a big project.
The guys pushing this seem to just negate the fact that we need to spot-check things and follows and things make sense.
They took all our PR feedback and just fed it back into AI and we have to do another gigantic PR review. It feels a bit silly.
You’re reducing payroll, which is the biggest expense for most companies. That will make line go up for a while, until the lowered productivity catches up with you. With a little bit of luck, someone else will get blamed for that.
Moronic middle management KPIs
Buying their own bullshit
