this post was submitted on 04 May 2025
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167
It’s Time To Get Concerned, Klarna, UPS, Duolingo, Cisco, And Many Other Companies Are Replacing Workers With AI (www.forbes.com)
submitted 2 months ago by neme@lemm.ee to c/fuck_ai@lemmy.world
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[–] blargle@sh.itjust.works 51 points 2 months ago

We aren't going to all lose our jobs because AI can do them better.

We're going to all lose our jobs when the soggy bottom falls out of the stock market once the AI bubble pops, because AI companies- that have made no profit but burned through billions in venture capital- are being valued based on the assumption that they will be able to achieve infinite productivity Real Soon Now by inventing the artificial superintelligence that can put everyone out of a job.

A small silver lining is for all the experienced software engineers who will be needed to rewrite from scratch all the hopelessly broken slop-compomised vibecodebases for all the companies that sold their cow for magic beans out of fomo. I think it will be comparable to the late 90s hiring push to fix the Y2k bug.

[–] pixxelkick@lemmy.world 23 points 2 months ago (1 children)

Tonnes of companies are trying to replace workers with AI

And discovering its not easy at all, and produces garbage results.

Any company that attempts this usually gets punished for it.

Companies, on the other hand, that attempt to augment their workers with AI (as a tool to improve their productivity) are finding pretty good success, which results in them hiring more people, instead of firing them, because their productivity increase means the company can afford to have more workers.

[–] Ulrich@feddit.org 13 points 2 months ago (1 children)

I think you got that backwards. It means they can hire fewer workers to do the same job.

[–] pixxelkick@lemmy.world 3 points 2 months ago (1 children)

They can, but only a an idiot would do that.

When you hire less workers to do same work that inherently means stagnating growth, you're still producing the same output.

A smart company goes "so we get more value per worker we hire than before? We'll then we invest in hiring more workers"

The reason is because now that you can do the same work cheaper, you can sell your product/service for cheaper.

And if you can do that, your pool of prospective clients balloons.

Example: if you can do a given job in half the time/price, your pool of prospective clients more than doubles, because wealth isn't an even distribution.

So let's say if originally you could do a job for 100k in 4 months, you had maybe 100 clients who could afford you.

If now you can offer it at 50k in 2 months, you'll skyrocket to having waaaaaay more than 200 clients, you'll prolly have 500? 700? Who knows, clients.

So any sane company in these circumstances goes "oh jeez, we need to hire waaaay more workers now to handle this way higher demand for our service"

A great example of this were cab drivers.

When the motorcar replaced the horse drawn carriage, cab drivers could do the same job for cheaper and faster.

But this didnt reduce jobs, it increased them! Because way more people could afford to use a cab now, demand skyrocketed and suddenly there was a need for enormously more cab drivers.

Any company that doesn't understand this basic concept is doomed to fall behind.

[–] Ulrich@feddit.org 2 points 2 months ago (1 children)

When you hire less workers to do same work that inherently means stagnating growth

...no?

[–] pixxelkick@lemmy.world -2 points 2 months ago

Yes. Try reading the whole post next time before jumping straight to the reply button :)

[–] Nexy@lemmy.sdf.org 15 points 2 months ago

Ok then, let all the jobs to AI and let the people have free houseing and food!

[–] Blackmist@feddit.uk 11 points 2 months ago

What did people think AI was for?

[–] FriendOfDeSoto@startrek.website 6 points 2 months ago (1 children)

It's time to get concerned about Forbes. As a journalistic standard I would've expected to read about all the jobs some of these companies created during pandy times. There's been a trend towards layoffs long before OpenAI burst onto the scene. Also everybody is going to espouse the same streamlining bullshit in their PR even if layoffs are business-driven and not so much AI's fault. A best of press releases is not good enough journalism.

It's also not critical by reporting on some of the failures of the pivots to AI that have made the rounds.

New technology displaces workers in some areas and eventually creates demand in others. For time immemorial. All of this has happened before, all of this will happen again. That's why I regret having driven traffic to the Forbes website to be able to read this.

[–] baggachipz@sh.itjust.works 5 points 2 months ago

Forbes lets any asshole write for them, and the clickbait always wins. It’s basically ad-supported Medium now.

[–] vane@lemmy.world 1 points 2 months ago

The time will say if it was good decision or bad. It's hard to say right now because the examples in the article are big corporations. Corporations are free to speculate because of their position and the fact they control large portion of the market.

The generalisation that because corporations are doing something is a very bad business advice.

You can't say company with billions of revenue and millions of customers is doing something so it's a trend. Those companies are small percentage of the number of total companies.