Quote from: Huppercase on Today at 08:52:10 PM

Quote from: tyz on January 30, 2024, 10:05:49 PM

Not a day goes by without a tech company announcing major job cuts. Today Paypal and Block (both payment service providers) have announced a total of 3500 job cuts, and recently Salesforce, Microsoft, SAP, Google, Ebay etc. have also done so. According to https://layoffs.fyi, 25,000 documented tech jobs have already been cut this year.

What do you think? Is it just a shrinkage and normalization after the strong build-up of the workforce during Corona or a long-term trend that will accelerate through the use of AI?

So many tech company employ a lot of staffs druing corona and that was because the need to work remotely was very necessary, I'm not sure if there is any company that has not resume back to physically work fully except for experts that are needed remotely to perform jobs and judging by these numbers of job cuts, it's the remote jobs that are been cut off from the grid system and people that are left has to do the work of those jobs that were cut off just like the way Elon Musk did when he took over X(formaerly X).

AI might not really be the ones taken over these jobs, I still think it's too early for the artificial intellingence to take over so many jobs in these numbers, machines can't solve everything, there are still aspect of human that will be require to finish the job and I also think that AI are still in early phase to accomplish task efficiently. Even looking at some of the AI written works I have seen, it is force and not close to what human can do with many errors that can be easily detected by human, no way AI can replace human completely.

Even if we were to assume that all of those jobs lost had nothing to do with AI, I am sure companies are preparing for that possibility, and they are exploring their options and trying to identify the areas of opportunity in which AI can help them right now and on the near future, so jobs lost because of AI are coming, if not a reality already, and it is difficult to predict how the economy could work from now on if more and more people lose their jobs.