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Google lays off “hundreds” more as ad division switches to AI-powered sales (arstechnica.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 72 points 9 months ago (4 children)

I wonder if we can actually adopt technology so fast as to completely ruin our economy before we can notice that’s what’s happening.

Businesses are going to adopt AI and robotics to increase productivity and drive down costs. But it quickly becomes a tragedy of the commons if every business only considers their own selfish interests. Eventually there will not be enough employed consumers to be able to buy those products your pumping out at record rates.

[–] [email protected] 31 points 9 months ago

especially for regions with developing middle class and a lot of people like india and china, rapid mass automation could crash the economy when local buying power disappears

[–] [email protected] 14 points 9 months ago

Eventually there will not be enough human workers creating training data for LLMS to hallucinate with, and they will just be training each other with more and more incorrect bullshit.

I do find GitHub CoPilot helpful to save typing, but last night it took me longer to track down the mistakes it made than if I had just did a combination of copy/paste + regex.

[–] [email protected] 7 points 9 months ago* (last edited 9 months ago) (1 children)

Eventually there will not be enough employed consumers to be able to buy those products your pumping out at record rates.

That's when they'll all combine and become Buy n Large and create a corporate "basic income" just so that people can keep buying crap.

[–] [email protected] 7 points 9 months ago

The corporations will bever agree to any sort of UBI until there is blood in the streets and they are forced to.

[–] [email protected] 3 points 9 months ago

Unless we transition to UBI. As unemployment rises, there will be presssure to do so.