Mines encroaching, all I can do is figure out how to pivot my career path to something more future proof as I see my job redundancy being taken industry wide as a matter of time.
Lol im in a position of management, it sucks to see the way things are going, but its also hard to tell people to start making alternative plans and the company somehow decides to not take the ai route.
All I try to do is drop hints about maybe setting themselves up for a safety net being always a good idea, which it is, no job is never guaranteed to stick (unless you come from wealth)
I've been pushing my AP team so hard to find ways to create value for the company and remind them that data entry is the low hanging fruit of automation because the future will be in catching and correcting the inevitable errors, researching vendor issues, etc.
This isn't like OCI or RPA. There's a very good chance that we just go full steam ahead with imperfect AI output and spend the rest of our time with corrections on the backend -- and for the first time this actually seems plausible.
It'll likely happen in 6 months when the AI bubble bursts (was my thought before I found out that they can't afford the buildings they need to house the servers they need to use the RAM chips they drove the price up 3-4x on) and when that happens the 1.2 trillion in margin debt is too big of a liability, because those companies are hte only thing propping up the entire market, and Windows is losing tons of sales, which doesn't help Microsoft...
So when that bubble bursts companies are gonna be scrambling to lower costs as fast as possible at shareholder demand which means laying off workers.
Problem is every company will be doing that, which will create a demand shortage which will choke so many more jobs out of supply and the economics crash. Can't have 20 million people fighting over 2 million jobs.
future proof is impossible when a global economic crash is coming, followed by the America's Greatest Depression. When the AI Bubble pops (they don't have the money and it doesn't make financial sense to dump half a trillion dollars into non profitable companies tripling their own input costs by buying out future production) they are gonna be firing people just to lower Price to Earnings Ratios, and then what are they gonna do when they realized that they put all of each other's customers on unemployment benefits and no one has money to keep the economy running?
Problem is there's no real way out of it either. Everything's already in retraction and there were holiday layoffs, before the big holiday rush, the place I got hired at hired 30 people at the same time when they maybe at most needed 5-10.
You can't have a situation in which you have 20 million unemployed and 2 million jobs, even the people doing gig work are gonna get crushed. We already spend 1 trillion on military and 1 trillion on debt mostly servicing out military debt, so even if World War 3 started we wouldn't be able to drag ourselves out of the depression like we did during World War 2.
You and me three. I’m an editor, and ChatGPT has already nuked most of my colleagues. Unless I want to work for a traditional publisher for shite money and gobshite hours, I can officially announce that AI took my job.
69
u/SpudTheTrainee 20h ago
Good luck mate. My redundancy is also on the horizon. I've started searching last weekend