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AI capex is so big that it's affecting economic statistics

(paulkedrosky.com)
337 points throw0101c | 2 comments | 18 Jul 25 19:59 UTC | HN request time: 0.002s | source
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oytis ◴[18 Jul 25 20:21 UTC] No.44609364[source]▶
I just hope when (if) the hype is over, we can repurpose the capacities for something useful (e.g. drug discovery etc.)
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baxtr ◴[18 Jul 25 21:00 UTC] No.44609785[source]▶
Re hype: Why is it that so many people are completely obsessed with replacing all developers and any other white-collar job? They seem to be totally convinced that this will happen. 100%

To me, this all sounds like an “end-of-the-world” nihilistic wet dream, and I don’t buy the hype.

Is it’s just me?

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1. ToucanLoucan ◴[18 Jul 25 21:06 UTC] No.44609829[source]▶
> Re hype: Why is it that so many people are completely obsessed with replacing all developers and any other white-collar job? They seem to be totally convinced that this will happen. 100%

Because the only thing that gets the executive class hornier than new iPhone-tier products is getting to layoff tons of staff. It sends the stock price through the roof.

It follows from there that an iPhone-tier product that also lets them layoff tons of staff would be like fucking catnip to them.

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2. astrange ◴[18 Jul 25 21:18 UTC] No.44609946[source]▶
The job description of a developer is to replace themselves by automating themselves so they can get promoted/find a new more relevant role. That's the point of compilers and new programming languages.

There's no such thing as taking people's jobs, nobody and nothing is going to take your job except for Jay Powell, and productivity improvements cause employment to increase not decrease.