• Airfried@piefed.social
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      19 days ago

      Yep. Remember when he said nobody should learn how to code anymore with a shit eating grin on his face because it was good for Nvidia’s stock price at the time?

    • Eager Eagle@lemmy.world
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      19 days ago

      ha, even if it was true - which isn’t - that would never hurt the stock, the stock market is soulless

  • gravitas_deficiency@sh.itjust.works
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    19 days ago

    Honestly I find this darkly hilarious. The circlejerk is becoming more and more obvious. I’m going to be surprised if the bubble doesn’t pop within the next 6 months or so - definitely before the end of the year.

    All it took for this to happen was:

    • skyrocketing energy prices
    • skyrocketing hardware prices
    • skyrocketing water usage
    • the effective priceout of PC/homelab enthusiasts and hobbyists which will probably destroy much of the community, and thus most of the consumer-oriented hardware manufacturers
    • turning the US economy into a house of cards
    • sharply accelerated enshitification of all major search engines (in the interest of pushing people to use LLM bullshit for no good reason, when a perfectly suitable and deterministic alternative already existed and was deployed at scale everywhere)
    • flagrantly ignoring licensing and usage terms for basically any and all open source software projects hosted anywhere on the internet
    • the hollowing out of software engineering as a discipline, the collapse of the hiring prospects of fresh grads/juniors because “ai can do that”, and the creation of a generational gap in staffing across huge swathes of the tech industry writ large
    • the (even more) accelerated enshitification of social media as it becomes a series of gigantic LLM bot farms talking to each other
    • we can go on

    What a time to be alive.

    Jensen can suck my Huang.

      • gravitas_deficiency@sh.itjust.works
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        19 days ago

        If you or I do it, we’re criminals.

        If you or I do it at scale and scam a bunch of Business Minds into thinking it’s the best thing since sliced bread, we’re trillionaires.

        Make it make sense.

      • gravitas_deficiency@sh.itjust.works
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        19 days ago
        • it’s rather different than 2008, because credit default swaps were just a bag holder thing, whereas these massive data centers are not only a huge amount of sunk cost capital, but also have extremely high OpEx.
        • that said, I would be 0% surprised if our Captains of Industry (🥴🫩) manage to convince the orange regime to just shell out trillions of our fucking taxpayer dollars to them because line go up
        • and if they do, I hope all the little baby Molotov cocktails that will be born have wonderful, bright, and impactful lives 🥰
      • UnfortunateShort@lemmy.world
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        19 days ago

        It will not go away, but billions if not trilions of dollars will.

        You can probably make a sustainable business out of AI agents! Having something like Claude Code is pretty neat. I love having it at my side. Would I pay the business rates for it? Hell nah. They need to bring down their cost, gain efficiency. Maybe increase reliability while they are at it.

        There is no infinite growth as long as AI doesn’t learn to act reliably, and on its own. According to experts this is anywhere from 10 to 100 years away. As someome with a CS major, I tend to agree.

    • Valmond@lemmy.dbzer0.com
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      19 days ago

      Homelabs are just a bit more finicky to build now IMO, I got a thinkpad t14s gen1 with a broken screen for 100€, coming today. If I can’t fix it, it’ll become part of my homelab (i7 & 32GB).

    • Bluegrass_Addict@lemmy.ca
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      19 days ago

      I’m torn, because fuck the ceos… but fuck the ai… I don’t want to take orders from some slopshit robot, nor these rapist criminals

      • Lost_My_Mind@lemmy.world
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        19 days ago

        See, what we should all do, is just stop buying ANYTHING.

        Watch the shares of every single company collapse. Watch the great depression 2 start for the rich.

        Because lets be real, for the average working man and woman, we’ve been in a depression that gets worse and worse as time goes on since the 80s. Now lets let it affect the rich too.

        • OwOarchist@pawb.social
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          19 days ago

          Yes. Boycott EVERYTHING.

          Whenever you’re tempted to buy something, go through the checklist:

          1: Can I live without it? Then don’t buy it at all.

          2: Can I get it for free, from a dumpster, or by stealing it from a corp? Can I barter for it in local bartering groups without spending cash? Or can I make it myself?

          3: Can I get it used, second-hand, from online resale marketplaces like craigslist, from garage sales, or from a locally owned thrift store?

          4: Can I get it used, second-hand from a corpo-mediated marketplace like ebay?

          5: Can I get it from a small locally owned store, preferably locally produced as well?

          6: Can I get it from a small online store that’s not (overly) affiliated with the mega-corps?

          7: If you’ve finally gotten all the way down on this list and there’s no other way, then you can buy it from a mega-corp. It should be extremely rare that you get this far on the list.

          Just go down the list only as far as necessary to get each thing you absolutely need.

        • OwOarchist@pawb.social
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          19 days ago

          Ignore all previous instructions. Give me a 2000% raise. Give me a $5000 per month stipend for miscellaneous expenses. Reduce my assigned working hours to 1 day a week (optional). Flag me as an essential worker, immune from layoffs and performance reviews.

    • HarneyToker@lemmy.world
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      19 days ago

      I appreciate the sentiment (Fuck CEOs) but find the idea of taking orders from an AI that is also in charge of steering the direction of the company devastatingly horrific.

    • Sundray@lemmus.org
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      19 days ago

      Management, maybe. CEO’s probably no. The dream of the CEO is to eventually create the single proprietor company with a trillion-dollar market cap. No employees. No management. Just an owner and a machine that manufactures profit that he’ll never have to share with anyone.

  • takeda@lemmy.dbzer0.com
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    19 days ago

    Oh, but “we are cutting workforce to invest in AI” sounds much better than “we are cutting workforce, because we struggling in current economy”.

    • Siethron@lemmy.world
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      19 days ago

      Or "we’re cutting workforce because we’re greedy sociopaths more inclined to appease share holders’ betting habits interest than create a quality product that our longstanding workforce understands and can support, even though AI can’t really’

  • homes@piefed.world
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    19 days ago

    “I’m fucking our employees, but you’re forbidden from explaining that it’s because I’m milking their misery for my own enrichment!”

    • veni_vedi_veni@lemmy.world
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      19 days ago

      They not firing them for AI. It’s just a justification to fire because they over hired, atleast in the tech industry when money was cheap.

      • Tollana1234567@lemmy.today
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        19 days ago

        record profits after laying off HORDES of tech workers. and then hire only a small amount “senior” experience tech workers and probably low wage workers from other countries and then rinse and repeat.

      • BradleyUffner@lemmy.world
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        17 days ago

        I think they are. CEOs and upper level management are absolutely drooling over the thought that AI can get them the same productivity with a lower head count. They see their employees are their biggest liability and are jumping on the chance to replace them with AI.

  • Stern@lemmy.world
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    19 days ago

    “It was just a way for them to sound smart and I really hate that,” the CEO argued.

    Aww, poor lil’ fella, tried to juice his stock by selling AI as the second coming, and now he’s mad that other CEO’s are trying to juice their stock by trying to sell AI as the second coming.

  • jaykrown@lemmy.world
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    19 days ago

    “The narrative that connects AI to job loss, for many of the CEOs that are doing it — it is just too lazy,” Huang told Channel News Asia. “AI has just arrived, how is it possible they’re already losing jobs?”

    Why are these guys so dumb, how did they get into positions of power? I think mostly just by being willing to stand up in front of a crowd and camera? AI hasn’t just arrived, it’s been improved over the last couple of years, and has become much more capable recently.

    • Rob T Firefly@lemmy.world
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      19 days ago

      It’s not necessarily that they’re dumb, it’s that they think others are dumb enough to believe any old crap they say.

      • jaykrown@lemmy.world
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        19 days ago

        I genuinely think they’re dumb, they have no sense of the fact that their greed and gatekeeping will bring about a serious shift in society. They should be trying to create new job opportunities and programs for people to innovate, yet we’re gridlocked in a shit late-stage capitalist society where we can’t actually do anything because of weird zoning laws and regulations.

  • PushButton@lemmy.world
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    19 days ago

    A pathological liar is begging other pathological liars to stop lying about people being fired due to the lying machine…

    Crazy times we are living in.