this post was submitted on 21 Nov 2025
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57
AI is not killing jobs, US study finds - Financial Times (www.ft.com)
submitted 1 day ago by brianpeiris@lemmy.ca to c/technology@lemmy.world
17 comments fedilink hide all child comments
 

Archive link (missing graphs): https://archive.is/mY9sv

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[–] verdi@feddit.org 5 points 8 hours ago* (last edited 8 hours ago)

AI is a cover for the delocalization of 1000s of jobs that now can be done in the 3rd world with the help of language models to make up for the language deficits of local populace. Several pharma, auto and IT services have now been moved to India and the layoffs given the cover of "economic headwinds". I.e. Bosh is killing thousands of jobs in Germany but hiring thousands in India!? In the past year alone BOSCH India hired over 1000 people in India for the same class of jobs they are now extinguishing in Germany.

"Roles in administration, sales, development and production"

These CEOs should be hunted like animals, they keep ruining 1000s of lives in the hunt for a bump in profits.

[–] PerogiBoi@lemmy.ca 10 points 11 hours ago

Idiots with MBAs are killing jobs. We laid off our entire HR team for ChatGPT with a custom prompt. It made up all sorts of fake HR rules that didn’t exist. Now the company is in legal troubles.

So guess what they did next? Lay off half of the legal department! They were talking about using copilot for tenant security next. That’s my teams domain so I’ve been looking for an exit.

Not sure which will fall first: my position or the company.

[–] TheGrandNagus@lemmy.world 4 points 11 hours ago

Because they're a lot less capable than these companies are telling us they are.

Don't get me wrong, you can frequently get some excellent results with them... but you can also get some really shit ones.

So not only does the bulk of this work require someone to do all the prompts, they also need to thoroughly check the work afterwards, meaning you're not really gaining much, if anything at all.

Sooner or later, the venture capital propping up AI will realise that these enormous savings from laying people off en-masse isn't going to materialise, and they'll want their money back. The market correction will be huge.

[–] Jhex@lemmy.world 2 points 11 hours ago

the only value pumping the AI bubble' current prize is substituing labour en masse… the bubble is about to pop

[–] Deestan@lemmy.world 68 points 1 day ago* (last edited 1 day ago) (3 children)

Business idiots are killings jobs. Generative AI is just their excuse to do it and threat to make people feel more replacable.

It's on the verge of pedantic, but I feel it important that we blame people for lying and causing harm, and not let them hide behind the imagined inevitability of tech and progress.

Generative AI can't replace shit, but the lie that they can and do, is the weapon wielded more than the tech itself.

[–] vrek@programming.dev 10 points 1 day ago (1 children)

I used to be on the gross margin improvement team. Basically our job was to implement projects which reduced cost.

I don't think a single person's job was eliminated because of my work. I remember creating about 35 jobs. For example I had a project where I identified about $900k in potential savings per year. We had to spend $50k one time and hire an employee for about $60k per year but still saved about $900k.

Employees are cheap(even expensive ones). Simple things like hire an employee to check something at step 3 so you are not paying people to do steps 4-20 will easily pay for itself if that issue at step 3 happens enough. Like for example that's the whole point of unit testing software. Pay someone to write tests all day everyday even at an high salary, say $150k reduces costs of tech support, reduces cost of later testing, improves value of product, increases sales etc. If you want to be negative this is value stolen from the worker. But if an employee doesn't make you a profit, why are they a employee? Like if you pay $70k for an employee who causes $50k in revenue... Fire them and make yourself a 20k raise. Now if you pay someone $70k and they make you $700k that's immoral...

[–] Reverendender@sh.itjust.works 1 points 8 hours ago (1 children)

I would like to hire you. I just don’t have the power to hire people. And no one has the budget to hire people.

[–] vrek@programming.dev 2 points 7 hours ago

Some of it was probably due to being in a low volume high profit market. We had close to a 10x cost to profit ratio, and the profit per unit was 10s of thousands. Although alot of that went into R&D and quality etc.

There are tons of ways to cut cost often. Another example is one time I bought a device to detect air/gas leaks. It was 1000 dollars. I walked through our production measured the leaks, fixed them(most were push on connectors so pull off, cut tip, reinsert, typically leak was done), took about an hour. Per the sensors software saved about 175k. Also prevented my company from having to buy a new compressor for about 750k as our current one was close to the limit of what it could support.

[–] MonkderVierte@lemmy.zip 5 points 1 day ago

It's not a lie, it's wishful thinking.

[–] Lost_My_Mind@lemmy.world 0 points 1 day ago

Please have babies.

[–] jasoman@lemmy.world 4 points 17 hours ago

Not AI just capitalism

[–] just_another_person@lemmy.world 14 points 1 day ago

Rich assholes firing people to make the leftovers work twice as hard to "incorporate AI" into their workflow is though.

The job losses are fucking REAL, and everyone expects you to use this tedious bullshit now.

[–] SnoringEarthworm@sh.itjust.works 18 points 1 day ago* (last edited 1 day ago) (1 children)

While the analysis suggests ChatGPT — one of the most widely used text-based forms of generative AI — is rapidly changing the mix of occupations on offer to tech workers, it is not shifting the composition of jobs throughout the entire US economy at a much swifter pace than the arrival of computers and the internet.

The wording vs the actual graphs is suspicious.

Is it

"AI is not killing jobs"

or

"AI is not killing jobs much faster than [things that have definitely killed jobs]"

[–] SharkAttak@kbin.melroy.org 3 points 1 day ago

Yeah cmon, why should we care about floods, they're not killing people faster than avalanches, or earthquakes.

[–] DrFistington@lemmy.world 12 points 1 day ago

It's just driving down working conditions and wages

[–] Sims@lemmy.ml 8 points 1 day ago

Seem to be 'snucked in' here while Trump is holding back latest job-numbers from the public, and besides: I'm sure US corps, or Oligarchy wouldn't fund/fiddle their numbers, and conclude, in a way that helped them financially in a crashing economy. We must trust them ! We must ..

[–] varda@lemmybefree.net 3 points 1 day ago

Well yes