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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?" (pluralistic.net)

submitted 1 week ago by sundray@lemmus.org to c/fuck_ai@lemmy.world

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CWs: Cory Doctorow, newsletter, mentions of his upcoming book that he's selling.

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[–] Almacca@aussie.zone 40 points 1 week ago (9 children)

Further: the topline growth that AI companies are selling comes from replacing most workers with AI, and re-tasking the surviving workers as AI babysitters ("humans in the loop"), which won't work. Finally: AI cannot do your job, but an AI salesman can 100% convince your boss to fire you and replace you with an AI that can't do your job, and when the bubble bursts, the money-hemorrhaging "foundation models" will be shut off and we'll lose the AI that can't do your job, and you will be long gone, retrained or retired or "discouraged" and out of the labor market, and no one will do your job.

I've been reading David Graeber. How many of these jobs are bullshit jobs that don't need doing in the first place?

[–] dylanmorgan@slrpnk.net 18 points 1 week ago (2 children)

Probably quite a few, but don’t let the fact they’re bullshit jobs fool you into thinking they don’t matter. The middle manager making $100K a year is spending that money on food, clothing, and other items that are produced by people who don’t have bullshit jobs.

[–] snooggums@piefed.world 1 points 16 hours ago

Good middle management keeps things running in the background for the people that don't have bullshit jobs. With businesses overvaluing middle management and making it a career path to move up to, there are way too many middle management positions which is why most of them are bullshit.

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