I’m certain that everyone who isn’t invested in the AI industry told them this was a terrible idea. AI companies have worked extremely hard to oversell their capabilities, and large corporations are always frothing at the mouth to eliminate as many jobs as possible.
Labor is expensive. Expert labor: triply so. If there’s even a promise of a chance that corporations can eliminate the necessary expense of labor, they will take it.
While I agree with you, I don’t understand why all the companies seem to have switched to AI and fired their experts at the same time. If I was in charge of a company planning that massive a switch to a complete unknown, I’d run two systems in parallel to verify the results before getting rid of all my experts.
It’s all FOMO. There’s a big narrative in the executive world that you either fully embrace AI or get left behind and wither. AI companies have spent most of the trillions of bubble money marketing this narrative.
If you truly believe it’s as powerful and transformative as it’s been sold as, then this mentality makes sense.
I’m certain that everyone who isn’t invested in the AI industry told them this was a terrible idea. AI companies have worked extremely hard to oversell their capabilities, and large corporations are always frothing at the mouth to eliminate as many jobs as possible.
Labor is expensive. Expert labor: triply so. If there’s even a promise of a chance that corporations can eliminate the necessary expense of labor, they will take it.
While I agree with you, I don’t understand why all the companies seem to have switched to AI and fired their experts at the same time. If I was in charge of a company planning that massive a switch to a complete unknown, I’d run two systems in parallel to verify the results before getting rid of all my experts.
Because AI is expensive too. Can’t afford to pay both.
It’s all FOMO. There’s a big narrative in the executive world that you either fully embrace AI or get left behind and wither. AI companies have spent most of the trillions of bubble money marketing this narrative.
If you truly believe it’s as powerful and transformative as it’s been sold as, then this mentality makes sense.