Tech Layoffs

[Hispo]

I think this will be a long-term trend in the use of AI, although not immediately but slowly it is starting to appear, but in my opinion after many jobs are replaced by AI, there will be new job opportunities, isn't that usually the case?
There will always be opportunities in every closing.

I am skeptical on the market being full of opportunities for the people being lay off because of the implementation of the artificial intelligence withit all kinds of industries, just look of the generative AI has already been impacting the market of digital art, it has been reported those how work in the business of concept art for videogames, movies and novels have been going through tough times because of how companies have decided to opt for generating their own images for free.
What scares me the most is how some people could believe giving artificial Inteligence a full hardware body or the ability to code by itself could be a good idea, by any means it should be prohibited to give the capability to this technology to code itself, otherwise it would grow outside of our control and could do very bad things or even turn against us.

It would be very ironic if programers are tasked by big companies to make AIs able to code and then they all get fired when the first version of such AI is ready to code/progam by itself.  

[1714020163]

1714020163

[1714020163]

1714020163

[1714020163]

1714020163

[1714020163]

1714020163

[1714020163]

1714020163

[tyz]

I think this will be a long-term trend in the use of AI, although not immediately but slowly it is starting to appear, but in my opinion after many jobs are replaced by AI, there will be new job opportunities, isn't that usually the case?
There will always be opportunities in every closing.

I am skeptical on the market being full of opportunities for the people being lay off because of the implementation of the artificial intelligence withit all kinds of industries, just look of the generative AI has already been impacting the market of digital art, it has been reported those how work in the business of concept art for videogames, movies and novels have been going through tough times because of how companies have decided to opt for generating their own images for free.
What scares me the most is how some people could believe giving artificial Inteligence a full hardware body or the ability to code by itself could be a good idea, by any means it should be prohibited to give the capability to this technology to code itself, otherwise it would grow outside of our control and could do very bad things or even turn against us.

It would be very ironic if programers are tasked by big companies to make AIs able to code and then they all get fired when the first version of such AI is ready to code/progam by itself.  

I worked as a developer for a few years myself and the trend is actually going in that direction. Low-code was already a topic in recent years (before the AI hype began), i.e. tools with which even non-developers can easily put together software themselves. More and more customers asked for this, so that simple software could also be created by business analysts to solve tasks, for example. Individual software development was and is on the decline and with it developer jobs. The possibilities that AI already has today to create simple and medium complicated software (I sometimes use it myself to quickly create scripts for which I previously had to invest 1-2 hours of time) will make more and more developers superfluous. All the hiring over the last few years has been a blip because of Covid.

[franky1]

tech jobs wont be 45year careers with one company. but contracted seasonal work..
so lets all stop assuming the career with one company+pension plan model, and just accept the reality, 6 month contractors outbidding each other

its much lick brick laying. once you built the suburb/estate. thats it, next project. if your not willing to move to the next project your not re-hired.
dont treat it as being laid off.. treat it as contract expired

the only option to get a 'career' is to attach yourself to a professional agency, that finds you regular work. much like how actors move from movie to movie(production companies) but are retained by the same agency

[Kelward]

AI might not have taken over the workforce yet, but technological advancements are making companies to need lesser workforce everyday, example is Fintech banks in my country, they don't have physical branches all over the country and they're having as much customers as the traditional banks that do. This online banks don't need physical branches, so they don't need a large workforce, technology has made it possible for them to have only one office and staff for the whole country. Machines can effectively be programmed do the works human workforce, they only need a few operators for them to carry out the task of a multitude of people.

[Wind_FURY]

tech jobs wont be 45year careers with one company. but contracted seasonal work..
so lets all stop assuming the career with one company+pension plan model, and just accept the reality, 6 month contractors outbidding each other

its much lick brick laying. once you built the suburb/estate. thats it, next project. if your not willing to move to the next project your not re-hired.
dont treat it as being laid off.. treat it as contract expired

the only option to get a 'career' is to attach yourself to a professional agency, that finds you regular work. much like how actors move from movie to movie(production companies) but are retained by the same agency

But that's not that actual point. Those tech lay-offs are caused by lower economic activity because of the Federal Reserve's Quantitative Tightening/Rate Hikes, which, truthfully, is NOT that high compared to what Paul Volcker did during the 1970s. Paul Volcker was more aggressive, and caused a recession on purpose to curb inflation, and reset the economy. If Jerome Powell followed what Volcker did, then the crash would probably have happened during 2022, killing demand/lowering inflation, and the Federal Reserve might currently be in Quantitative Easing today.

¯\_(ツ)_/¯

[MissNonFall9]

I have seen the strategic policies of some companies. They sometimes lay off some employees to boost the company's profits. Again I have seen many companies lay off their employees due to the economic crisis. The current information and communication technology advancement has reduced the workload of many. I believe that artificial intelligence will very soon pose a threat to the human race and take over the human workplace but I doubt that this will be the only reason right now.