2026!! JP Chase CEO SPILLS THE BEANS! AMZN MSFT slash jobs!! Altman: AI to be "uncomfortable”…33% jobs gone…BASIC INCOME? Are you PREPARED???
- Thread starter GnauzBookOfRhymes
- Start date
I always picture this image when reading the thread title
Hood Critic
The Power Circle
This reminds me of the race to cloud. Organizations spent 2-3 years moving a significant portion of their infrastructure to the cloud, to then 2-3 years later realize a hybrid infrastructure with a lot of those workloads hosted on prem was more economical.
IBM's 8,000 Layoffs Reveal The Harsh Reality Of The AI Revolution - SlashGear
IBM is embracing the AI revolution and moving forward with its plans to modernize its workforce to the tune of 8,000 layoffs. But is this solution foolproof?www.slashgear.com
A lot of organizations will over react to the potential of AI and later find out the hard way how expensive its going to be to run, maintain and QA those workloads. We are still years away from a generative AI that can train, correct, heal, and evolve itself.
GnauzBookOfRhymes
Superstar
A big part of it is institutional resistance. That is holding back a lot of legitimate revenue the AI industry could be banking right now. For example in state/local government. A lot of shyt (business license/permits etc) could be automated, but politicians/unions reluctant bc worried about layoffs. Similar shyt in many private sector companies - the guy that still has 10/15 years before retiring is not going to be jumping headfirst into implementing his potential replacement
GnauzBookOfRhymes
Superstar
Literally what this thread has been saying since the beginning.
www.theguardian.com
Rollout of AI may need to be slowed to ‘save society’, says JP Morgan boss
Jamie Dimon warns of civil unrest but Nvidia’s Jensen Huang argues tech will create rather than destroy jobs
www.theguardian.com
Hood Critic
The Power Circle
While we are busy asking for pauses, we're getting lapped.
GnauzBookOfRhymes
Superstar
GnauzBookOfRhymes
Superstar
Video Gaming Industry workers got smacked
variety.com
One-Third of U.S. Video Game Industry Workers Were Laid Off in 2025, GDC Study Reveals
One-third of U.S. video game industry workers say they were laid off last year, according to GDC.
variety.com
GnauzBookOfRhymes
Superstar
GnauzBookOfRhymes
Superstar
READ THIS NOW
shumer.dev
Something Big Is Happening
A personal note for non-tech friends and family on what AI is starting to change.
shumer.dev
GnauzBookOfRhymes
Superstar
Jamie Dimon lays it all out behind the scenes!!!!!
AI Added 'Basically Zero' to US Economic Growth Last Year, Goldman Sachs Says
Imported chips and hardware mean the AI investments are translating into US GDP growth.
gizmodo.com
cyndaquil
Lv 100 Bold natured
How long do you think these investments can go on before actual returns need to be seen? It's been an AI arms race since 2022. People are losing and jobs over it and it isn't contributing value economically eitherAI Added 'Basically Zero' to US Economic Growth Last Year, Goldman Sachs Says
Imported chips and hardware mean the AI investments are translating into US GDP growth.
GnauzBookOfRhymes
Superstar
It's contributing greatly to corporate profits.
Ultimately AI is "too big to fail." The companies behind the drive are the largest on the planet. And as I mentioned a while back, because they dominate the economy, they're able to push these products onto the market whether people really want it or not. This is what's happening with Microsoft CoPilot etc. The unrealized losses are huge, but not so large that it's going to take the Google's/Amazons of the world down.
I think 2027 will be a potentially scary year because the thing that we've been able to avoid so far - how govt and society will begin to deal with AI - will be forced upon us. That's going to force some uncomfortable conversations and provoke some potentially destabilizing reactions.
cyndaquil
Lv 100 Bold natured
What about the MIT study that showed 95% of AI initiatives are failing to turn a profit from back in 2025? Have things really changed that drastically in 6 months?
MIT report: 95% of generative AI pilots at companies are failing | Fortune
There’s a stark difference in success rates between companies that purchase AI tools from vendors and those that build them internally.