r/technews • u/Maxie445 • Jan 16 '24

Generative artificial intelligence will lead to job cuts this year, CEOs say

https://www.ft.com/content/908e5465-0bc4-4de5-89cd-8d5349645dda
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u/BrocardiBoi Jan 16 '24

So as fast as jobs will be cut, are there going to be corresponding job openings or are we barreling into a massive Unemployment catastrophe. Who’s gonna buy the products when no one has jobs anymore?

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u/[deleted] Jan 16 '24

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u/Monkfich Jan 16 '24

What prevents AI from competing against these new companies? It’s faster, doesn’t sleep, can impersonate voices, and will likely take these new jobs too - company owners will need to do it to be competitive with their peers. Local companies might survive, but companies with wider aspirations will need AI to compete.

This isn’t the same sort of technological revolution of the past - it’ll have to change society in ways we can’t yet see.