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440 points pseudolus | 1 comments | | HN request time: 0s | source
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kerblang ◴[] No.45057750[source]
High interest rates + tariff terror -> less investment -> less jobs

But let's blame AI

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ToValueFunfetti ◴[] No.45058100[source]
You really do have to account for why this is mainly happening in industries that are adopting AI, why it's almost exclusively impacting entry-level positions (with senior positions steady or growing), and why controlling for broad economic conditions failed to correct this. I doubt very much that these three Stanford professors would be blindsided by the concept of rates and tarriffs.
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bbarnett ◴[] No.45058305[source]
Juniors become seniors.

If we replace all juniors with AI, in a few years there won't be skilled talent for senior positions.

AI assistance is a lot different than AI running the company. Making expensive decisions. While it could progress, bear in mind that some seniors continue to move up in the ranks. Will AI eventually be the CEO?

We all dislike how some CEOs behave, but will AI really value life at all? CEOs have to have some place to live, after all.

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tialaramex ◴[] No.45058392[source]
The AI will at least be cheaper than a CEO, it might also be more competent and more ethical. The argument against making a Large Language Model the CEO seems to mostly be about protecting the feelings of the existing CEO, maybe the Board should look past these "feelings" and be bold ?
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bbarnett ◴[] No.45058451[source]
I'll re-explain.

A human CEO might do morally questionable things. All do not, of course, but some may.

Yet even so, they need a planet with air, water, and some way to survive. They also may what their kids to survive.

An AI may not care.

It could be taking "bad CEO" behaviour to a whole new level.

And even if the AI had human ethics, humans play "us vs them" games all the time. You don't get much more "them" than an entirely different lifeform.

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pessimizer ◴[] No.45058472{3}[source]
The AI most certainly does not care, because it is a computer program. It also doesn't want to buy a boat.
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1. Retric ◴[] No.45058579{4}[source]
It also doesn’t care if the company goes bankrupt tomorrow without paying out their bonus.