Network administrators have known for decades they could automate large portions of their jobs tasks out....freeing up time which most use to screw off.
Few employees show up to work and actually put in a full day. Social media usage explodes during work hours. Then we have the layoffs that are already taking place in the tech sector.
What is at play here is a transformation of the economic model. The capital-labor paradigm is breaking down. Cognitive output is increasingly becoming driven by capital, not labor.
You are a business owner, if you can spend money on hiring someone or get the job done autonomous, for a fraction of the cost, which are you going to do? This is where many white (not blue collar) jobs are cooked.
The cost per token is dropping like a stone. When an employee can be replaced for $100 per year, what do you think businesses, both small and large will do?
the employee's not showing up and putting in a full day, is an interesting point.
in my mind this is the "laptop class" Elon talks about.
during COVID they acted like the elite. Sitting in their homes afraid to go out and collecting pay checks and government money while asking the rest of society to toil away in the fields to make sure they had food and TP.
They are an artificial creation and yes the model of bloated corporate offices with 5,000 workers doing nothing (looking at you twitter) will be gutted.
but that has been going on for years just it gets more main street vibes because of AI.
In some industries that allow it. As stated in another thread, we will not see this in education or healthcare. Whatever waste is there will remain.
I disagree. Education is on its last legs. It was created post civil war to create a workforce for a world that no longer exists.
The internet / AI instructors / apprenticeships will become the education of the future which is really just the education of the past with modern tech.
Healthcare's waste stems from health insurance not healthcare.
We have movement on gutting this entire system and re-building it.
Never confuse the 2. Obamacare tried to make them one and the same but they are not.
A lot of healthcare advances are coming, espicially in longevity.
ok 1st off. I agree it will replace white collar jobs.
in my mind the explosion of knowledge based white collar jobs happened in the late 90s.
they are all TEMP jobs anyways (30 years) as they are being replaced by AI.
they were not real jobs anyways just temp jobs created with the invention of the internet.
yes businesses will lay off people to save money, but most will use those people to expand their businesses in other roles.
My view is if 1 million white collar temp knowledge workers are laid off and they have to help fill the 8 million open other jobs in the economy.
then AI did not replace any jobs it helped re-align the workforce to the jobs that are needed by eliminating "temp knowledge based jobs" that we no longer need.
I don't buy into the narrative.
The employment and government numbers have been manipulated since Obama.
I think you overlook the fact that we have been living, in the US, under socialism since at least the 1990s. This has caused the explosion in government's hands on the economy. We not only have government but also industries it controls such as education and healthcare (two of the least efficient industries out there).
Will this change? Hard to tell in spite of the current administration. But outside of that, where regulation is in the way, we will see a crushing.
The JOLTS numbers are full of ghost-jobs. There arent that many available. Companies keeps jobs posted often to provide the illusion of growth and to keep getting applications to push others out.
As for jobs being created, any that do evolve, will be done with AI. The ones getting automated out of HR are not going to repurposed within the organization.
Keep in mind we still dont have a major recession on hand. There is still decade how bad it is. We will come to the point where things are bad (cant escape the biz cycle which hits roughly in 2026).
Another 2008 type situation will see this put on steroids.
Oh I agree with this.
but once again I feel HR depts were a "woke" creation.
they become something that was never needed in a company.
those people will either retire, stay at home (no loss in economic productivity) or find a part time job in retail to earn some money (help fill those jobs)
once again I feel this is just a re-alignment of people with the jobs that we should have and eliminate the fake / temp jobs created in corporate America throughout the 90s.