>8 billion people, 6 billion jobs.

Started by rcjordan, January 17, 2024, 12:51:16 AM

Previous topic - Next topic

rcjordan


rcjordan

Davos: "One-quarter of CEOs [are] expecting to reduce headcount by at least 5% in 2024 due to generative AI,"

https://www.newsnationnow.com/business/tech/ceo-ai-poll/

ergophobe

So much for Kevin Kelly's assertion that nobody will lose a job to AI

rcjordan


littleman

I'm guessing UBI and work week limitations are going to get more popular.

Adam C

https://www.businessinsider.com/indeed-layoffs-ceo-chris-hyams-memo-2024-5

QuoteThe careers site Indeed says it will lay off about 1,000 employees — about 8% of its workforce — as it looks to simplify its organization.

In a memo released publicly on Monday, CEO Chris Hyams took responsibility for "how we got here," adding that the company is not yet set up for growth after last year's global slowdown in hiring caused multiple quarters of declining sales.

Unlike last year's across-the-board reduction of 2,200 workers, Hyams said the latest cuts will be more concentrated in the US and primarily affect the research-and-development and go-to-market teams.

The decision is also aimed at reducing "too many organizational layers" at the company. That echoes Mark Zuckerberg's move last year, in which the CEO said that he sought to "flatten" Meta's organizational chart.

rcjordan

>I'm guessing UBI and work week limitations are going to get more popular.

The godfather of AI agrees, LM.

"AI would increase productivity and wealth, the money would go to the rich and not the people whose jobs get lost and that's going to be very bad for society".

https://www.bbc.com/news/articles/cnd607ekl99o

AI 'godfather' says universal basic income will be needed

rcjordan

Amazon has more than 750,000 robots working in its fulfillment centers.

Amazon Uses Robots for Sorting, Transporting Warehouse Packages - Business Insider
https://www.businessinsider.com/how-amazon-uses-robots-sort-transport-packages-warehouses-2025-2

ergophobe

> robots

I've had this on my phone for a couple of weeks and meant to post it.

https://tphuang.substack.com/p/automation-at-byd-factory

TL;DR
1. Even the OLDER factories are 97% automated after upgrades
2. They invented a robot to put tires on, one of the harder robotic tasks apparently

It's starting to look more and more like Vonnegut's Player Piano (which is a fun read, BTW, and very prescient for today, right down to his take on college football).

rcjordan

>automation-at-byd-factory
>97%

Your quip about 'couldn't find the dog' in another byd thread here was apropos

rerun here: https://www.youtube.com/watch?v=NLOirtjFb6s

ergophobe

Yeah, I think they have robots watching the man. No dog needed

rcjordan

Western automakers are screwed.  BYD is doing what Sam Walton did to K-Mart.  And Bezos did to Walmart.

ergophobe

#12
When I hear politicians say they want to  "bring back good manufacturing jobs," I hear, "I'm old and have no understanding that the world has changed around me."

I am sorry Andrew Yang won't run for office though his reasons for doing so are compelling. I believe his quote was something like, "In multiple elections now, people have made it abundantly clear that they have no interest in having me represent them." And he says it while laughing.

littleman

6 billion jobs and shrinking. 

>"In multiple elections now, people have made it abundantly clear that they have no interest in having me represent them."

Most Americans would rather take a boot than a hand, we're collectively idiots that way.

Personally, I've made some radical changes.  I figure I have 15 to 20 more labor years and I've swallowed my pride and adjusted.

Rupert

Quote from: littleman on March 02, 2025, 09:08:08 PMI figure I have 15 to 20 more labor years and I've swallowed my pride and adjusted.

Can you share your thoughts of what you need to be doing?  Is it AI?
... Make sure you live before you die.