Tech Industry job layoffs looking scary

bnew

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My department is the data org for the company. We have a number of master data assets that essentially are used to run the company. They want to use LLMs essentially to replace data analysts. The problem is our data can be complex and nuanced depending on the use case, and by definition execs are usually general and not specific. End result is way too much hallucination and honestly if they keep pushing to roll it out will cause us to lose some credibility

what are the data analysts saying? are they able to use it any better than the execs?
 

greenvale

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what are the data analysts saying? are they able to use it any better than the execs?
It’s pretty much unusable. You can’t just slap an LLM on our data. It would need a ton of prompt engineering of SQL for each scenario or a vector db. Neither of which seem to work for us right now (Fortune 100 company). honestly over time sure, but this reads like someone gave an exec a screenshot and they immediately said when can i have this
 

JT-Money

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@null tell me this isn’t the biggest confirmation that openai is a grift :russ:





Side bar this dropped yesterday:

I found a new group in Tech to hate on.
:pachaha:

In Silicon Valley, it is the summer of comp FOMO as Meta and OpenAI offer tens of millions of dollars to lure top AI talent​


"There's a ton of ripple effects I'm hearing in the Valley," said Deedy Das, an AI investor at Anthropic backer Menlo Ventures. "There is a sense of jealousy, envy, and helplessness, and everybody being like, 'I thought I was doing pretty well. What am I doing wrong? I would love to get those offers."'


Silicon Valley's winner-take-all era​


Nine-figure signing bonus for a few, layoffs for thousands. Welcome to Big Tech's big divide.


Tech companies are paying up to $200,000 in premiums for AI experience, report finds​


The report, compiled from a compensation analysis of roles across 153 companies, showed that data scientists and analysts with machine learning skills tend to receive a higher premium than software engineers with the same skills. However, the consulting firm also tracked a rise in bonuses for lower-level software engineers and analysts.
 

CopiousX

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AI is hype, when you get to the nitty gritty there’s a lot of shyt that needs to be smooved out before becoming a viable product. I believe we’ll be saturated with ai slop long before it becomes viable.

I’m really waiting for a massive cyber attack which affects multiple companies because they’re all using ai, which is spitting back the same jargon.
They truly don't care. They have priced it into their risk models.


My prior company was a huge financial firm with lots of sensitive , personally identifying information on clients. The risk, compliance, and legal departments took pride in having an insurance policy for breaches from hiscox. Their shareholder losses , legal suits against them , and the cost of identity protection for the affected parties are covered. The infosec team was more of a formality so they could say they tried their best, while maximizing profit elsewhere.


You could argue that the image of the company would be damaged even though the financial losses were covered. But we tended to be a lender of last resort , almost like Capital One. So our client base didn't have a choice by the time they were considering us. It's actually kind of funny, that there was a consensus among rank-and-file employees that our are ethics and risk team were low-key evil :pachaha:
 

JT-Money

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I expect to see more of this :yeshrug:
Cybersecurity pros won't be left out of the AI gold rush after all. You can always count on coders to ignore security best practices.
Byq.gif
 

JT-Money

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Not going lie this had me consider cybersecurity again, just seeing what ahead…..
The problem is only certain industries take security serious enough to pay high salaries. Unless it's a highly regulated industry expect to get lowballed.

 

Mirin4rmfar

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I should've been fired 20x as many times I've said the same thing. To upper management no less.
:heh:





:mjlol: I am doing cyber security work for an Indian company right now, I got very frustrated. They will say one thing then you dive into their infrastructure and it's not like it's described lol
 

Mirin4rmfar

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Job tried to keep me with a counteroffer, I decided to decline. I am trading guaranteed stability for the unknown but I am desperate for some work life balance.
 

JT-Money

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:mjlol: I am doing cyber security work for an Indian company right now, I got very frustrated. They will say one thing then you dive into their infrastructure and it's not like it's described lol
They can never fess up to anything. That's why I always have proof before confronting them. As soon as they try feeding me a line of bullshyt I cut them off quick.

 
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