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maskedpaki t1_j57922l wrote

Take the tinfoil hat off

These layoffs were because the economy in general is shit not because chatgpt or recent LLMs

There were tech layoffs even before chatgpt

Even if he had strong AI my guess would be the tech sector booms with tonnes of new positions to effectively utilise the new tech and make money with it.

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Kujo17 t1_j57gmzr wrote

I did mention the economy, and while I didn't specifically say as much I meant to allude to the fact that it was the more obvious blatant choice, hence having to essentially ignore that aspect to contemplate the other.

But at some point even if it results in people doing different jobs within the same sector as opposed to losing their jobs, tech depts utilizing any of these newer programs are going to condense in some way right? In your opinion do you think we are still quite far of from that, it is that you don't think the condensing itself will have to happen/is inevitable?

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SantoshiEspada t1_j57eafe wrote

OP could be wrong but that wouldn't give me the moral high ground to call him tin foil head.

Also it wouldn't be that much crazy if layoffs were somewhat related to AI speculation. IT was nowhere that affected nor during covid neither in the 08 crisis.

OP, crazy current world 🌎 may make your claims not that insane. Cheers

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Kujo17 t1_j57g7aw wrote

Lol at "tin foil head", was trying not to catastrophize too terribly in that.

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RavenWolf1 t1_j57nj70 wrote

Recent layoff are because ICT companies bubbled when COVID-19 started. Remote work become thing and need for ICT services exploded. Also people started ordering lots of stuff from webshops. These layoffs are nothing special because layoffs are happening everywhere. Even in my country ICT firms are laying off people. Companies are also scared of current economic situation.

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Kujo17 t1_j57px8z wrote

If that's the only cause, and again I'm not trying to say it isn't just entertaining the idea as a theory I guess , then one might still anticipate further layoffs at some point do to those sectors condensing as a result of implementing new AI programs - or is the general consensus that despite the ability to perform the tasks of multiple people already just with what's currently released to the public, that despite that companies will not capitalize to "do more with less" and/or condense any applicable jobs.

I'm really not even sure I'm articulating my thoughts well enough here for anyone lol but I am genuinely interested in people's beliefs/ideas about that specifically. Seems like it's a more realistic outcome as opposed to mass u employment due to AI that Imstead we suddenly see a lot of positions requesting ability to use AI and posting less positions as a whole as a result.

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Lawjarp2 t1_j57vc60 wrote

You would see a selective increase in ML teams but the opposite has occurred. Companies have chosen to retain teams with lots of profit.

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LymelightTO t1_j57xsxv wrote

The layoffs have nothing to do with AI, they’re just pruning their headcount in response to the last few quarters of financial results and projections about the next few years.

They want to be prudent about how they manage headcount to preserve their share price, because a large part of SWE compensation is equity. If the share-based compensation packages are worth substantially less, they lose headcount anyway, but instead of losing people they think are potentially redundant or replaceable on their own terms, they might lose top performers to other companies when they can’t afford to.

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[deleted] OP t1_j582lgk wrote

[deleted]

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Kujo17 t1_j583613 wrote

I assume you skimmed what I wrote and assumed what you thought I was saying.

No. I do not fear AI will take my job. I don't "fear" AI in general. Hence... Me stating that specifically in my OP in an attempt to negate any ambiguity.

Appreciate your input to the conversation though. Really.

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Exel0n t1_j585z5q wrote

mass layoffs? what mass layoffs? dont see you people complain when those big tech doubled its workforce in just 2 years. now they trim some of the excessive fat and get rid of those useless parasites, it's something to condemn?

if anything they still have way too much excessive staffs

twitter fired 80% and is just fine. all those big tech have basically become overbloated bureaucracy at this point giving out free welfare to the undeserved tech "employees" who barely do any work at all, they need 50% layoffs, not those joke of some 5%-10% layoffs they are doing.

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Kujo17 t1_j586x75 wrote

Lol ok.

I swear some of you just refuse to read at all because you're so comfortable assuming what you think is being said. The arrogance.

Thanks for your thoughts.

The recent fuckin layoffs that have been in the news. That's what I was referencing.

There are some serious fucking idiots on this subreddit. It's a shame what it's turned into as it's grown.

It was a fucking hypothetical question based on the current reality , but I suppose that is just too deep of a process to ask people to engage in here.

You stay safe now.

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