IBM To Replace 7.800 Jobs With A.I

[SteveM]

The reason I am not super worried about AI is because of my experience with software technology thus far...Microsoft has had 30 years to get Excel right, yet still, at least twice a year I will get these catastrophic failures where the spreadsheet just crashes and disappears.

The glitchy-ness of these software apps seems to be a constant problem.

 

[Drawdown Addict]

The reason I am not super worried about AI is because of my experience with software technology thus far...Microsoft has had 30 years to get Excel right, yet still, at least twice a year I will get these catastrophic failures where the spreadsheet just crashes and disappears.

The glitchy-ness of these software apps seems to be a constant problem.

If you still keep using Excel you deserve whatever catastrophe happens to you (software-wise)

 

[SteveM]

We have been automating humans forever. Look at this trading industry, just 20 years ago. Opportunities to milk it while others talk about it

I actually think this point supports those who fear AI....30 years ago, there were a few thousand brokers, dealers and traders in the pits making a very nice living for themselves in the financial markets....then technology came along and the D.E. Shaw's and Citadel's of the world sucked up all that income like a vacuum cleaner due to technology, and distributed it to a much smaller group of people.

If that above scenario plays out again across all industries due to AI (eg: tens of thousands of real estate agents not existing because one tech company with 100 employees comes along and vacuums up all those profits for themselves), then I do think the world will be in for tremendous upheaval unless some sort of UBI is enacted with a value-added component to motivate people to do productive things....either that or we will need constant pick & shovel public works projects (which wouldn't be the worst thing in the world when you look at American infrastructure in it's current state).

 

[SteveM]

Also...if you are bearish on white collar jobs due to AI, then I think by default, you have to also be super bearish on metro real estate prices in places like SF, San Jose, Boston, NYC, etc.

 

[monet]

%%
Life is more complicated than a computer.
Think that's why the self driving cars got confused killed 5 people+ 136 crashes?? I think so.
NOT to worry, a human insurance agent may take your insurance premium , for a fee.
MY 2 accurate computer systems cant even exactly agree on elementary 200dma;
no problem , most any person could get more discretion that a computer.

This is true today. Self driving cars will outperform human drivers within a couple of decades, if not sooner.

 

[M.W.]

Apple and Oranges. 100 years ago only very few were required to possess advanced education, skills, and knowledge. The rest could be trained in 2 weeks to assemble a car. Tomorrow we will still need just a few exceptionally brilliant who control ai algorithms and advance the technology. But the rest is expected to also perform highly technical work that necessitates brains and advanced skills because all the lower skilled work has been taken over by automation. They will be left out doing nothing.

A serious rethink must happen. Eg, universal basic income earned by ai or the like. The owners of those algorithm will be stripped off their IP by the masses.

The next couple decades will be a real challenge for those who have not been elite educated and strived for exceptionally special skills. Governments who refuse to innovate and participate will lose out, corporations will just go elsewhere.

Industrial revolutions got rid of many manual workers at the time, and still countries kept generating other jobs that weren't there before.

As an example software developers were not demanded a hundred years ago and today everyone needs an app that provides a service.

It is alarming that companies like IBM get rid of many workers but eventually we will need way more jobs that apply to some other areas that are not known today.

Either way I think this time AI is going to cut way too many jobs at once, and that might fire back when those people can't buy products anymore, then they will think about it twice. Right now they only think about the most profitable way for the company to generate profits but eventually that will lead to social problems, let's see.

Maybe this is the great dystopian reset that many have been waiting for.

 

[M.W.]

Have you counted the deaths caused by human drivers? Right now, as like today, autonomous cars are on average orders of magnitude safer than human drivers. It's just that some clueless minions make a fuss each time they read of an accident in which an autonomously driven car was involved.

%%
Life is more complicated than a computer.
Think that's why the self driving cars got confused killed 5 people+ 136 crashes?? I think so.
NOT to worry, a human insurance agent may take your insurance premium , for a fee.
MY 2 accurate computer systems cant even exactly agree on elementary 200dma;
no problem , most any person could get more discretion that a computer.
IF that IBM ''artificial intelligence'' was any good, they would have issued Ross Perot or his estate, an apology for their past stupidity, see post #4, here.
Good, human question.

 

[monet]

It is incorrect in the way that AI does not invent anything, for that you need human beings.
AI is a tool that uses what is available nowadays but eventually a human being will invent something new, completely new that the AI is not aware of.

AI will most likely become better than humans at solving problems generally, including inventing things. AI can extrapolate.

Do something if you want to find out how capable an AI actually is: Ask an AI to pick an orange from a tree or harvest strawberries, or bake a cake. It will tell you the way to do it, but it will never get it done like a human being.

Not a strong argument. ChatGPT can't do physical things and it's currently cheaper to hire people to pick fruit or drive a machine in most cases, and the AI technology isn't there yet to do a lot of things well, but it will be. It's a question of time.

 

[M.W.]

Yeah, how many of those "inventors" among the population do we need? 1/1000?1/10000?

It is incorrect in the way that AI does not invent anything, for that you need human beings.
AI is a tool that uses what is available nowadays but eventually a human being will invent something new, completely new that the AI is not aware of.

Do something if you want to find out how capable an AI actually is: Ask an AI to pick an orange from a tree or harvest strawberries, or bake a cake. It will tell you the way to do it, but it will never get it done like a human being.

 

[M.W.]

Omg, you equate Excel bugs with your belief in the inability to get software right that will automate the shit out of virtually every process to manufacture goods and services? I am pretty sure your seat is gonna get vacated in the first round once the momentum picks up. Hard to imagine how any team possibly functions with individuals who stubbornly refuse to see the big picture. And its quite telling how you continue to hate MS for how many years now? Did Windows crash the hard drive with photos of your first gf on it?

The reason I am not super worried about AI is because of my experience with software technology thus far...Microsoft has had 30 years to get Excel right, yet still, at least twice a year I will get these catastrophic failures where the spreadsheet just crashes and disappears.

The glitchy-ness of these software apps seems to be a constant problem.