This is a most excellent place for technology news and articles.
They are leaving because they are getting much better offers elsewhere.
Just another day in corporate America. Putting fake profits over employees’s well-beings, and customer safety and privacy.
The thing that gets me is they just want to get in on this $2Billion investment that keeps changing hands without changing hands. They really are just taking IOUs from… elsewhere? Because apparently, according to Jensen, that money hasn’t actually exchanged hands. Investors are just buying into the new Ponzi Scheme.
The alternative prediction is that this is in fact sustainable and AI companies will in fact have revenue to keep the bubble inflated for a lot longer, just in the worst way - by extracting the value of human-created reliability and trust from the market:
CEOs have also bought into AI almost to a person, and are using it to replace workers, results be damned. AI can't do the things they believe it can, but to them, if they can fake satisfying a need with AI for $5, that is preferable to actually satisfying a need with a real employee for $10.
The CEO is happy because his company saved $5 and he's met his stock option incentive target, the AI companies are happy to pocket that $5 instead of the employee getting $10. Maybe they even raise the customer's price to $12 as AI rent-seeking starts rising, and both companies get $6 each. Win-win, life will go on, just worse for everyone else.
CEOs have also bought into AI almost to a person, and are using it to replace workers, results be damned. AI can’t do the things they believe it can, but to them, if they can fake satisfying a need with AI for $5, that is preferable to actually satisfying a need with a real employee for $10.
Yep that's exactly how me and my entire team were laid off. "Automatization".
I'm sorry. Recently laid off myself and management avoided directly saying AI was the reason, but other statements (C-suite talking about whether AI can do other work months before the layoffs, in front of me) convince me that was the reasoning.
Yeah for us it was "return to office". Entire team was remote and has been the 9 years I worked there.
There's a huge list of eye rolls here but also...what profits?
🌎 👨🚀 🔫 👨🚀
Every company does that. The difference is the AI companies will be broke soon and laying off all their staff so people are getting out before the collapse.
Exactly. And some of them are rats fleeing a sinking ship. Just look at Mrinank Sharma, who got paid a million bucks or so for a year at Anthropic, then ditched.
"They are putting profits over sanity and safety"
Soooooooo, just like every other business in the history of capitolism?
It worked for airline manufacturers, it can work for you too!
I hate to hand it to airline manufacturers, but at least when they cut corners, they actually make money. The whole AI industry still hasn't turned a profit yet...
Talents leave
Tell me a "journalist" has no concept of mass nouns without using those words.
We're so cooked
Publicly traded companies are legally required to put profits over sanity, safety, and everything else. It's a truly insane system we've put together for ourselves.
Interestingly they are not. Its commonly shilled by C-scum, but it's a lie.
They are putting profits over sanity and safety
First time?
It's so nice to see these kind of posts. Because I keep thinking I'm the only one who thinks ai has turned incredibly evil and will only get worse.
“One Program to rule them all, One Program to find them, One Program to bring them all, and in the darkness bind them.”
So they only now figured out that all Corporations and their sick shareholders are shit evil and doesn't care about anything else than profits ?! Wtf do they think activists are doing ?
Imagine being a Demis Hasabi, or similar cunt, voluntarily giving/developing AI technology - the most extreme power in human history - to the most evil corporation in human history, run and owned by the most evil people in the world, placed in the most evil lying empire of all times ! Wow - that is a great idea.. cough..
Well, better late than never I guess. Even for normal naive, dumb slow-thinking AI researchers. Let's hope they start waking up from their business/market psychosis, and do some open source work - real mutually beneficial work - for us all instead of boosting the psychopath Oligarchy that runs our little world.
