Bro this is so true!! I'm completely impacted by this and went thru this experience. Trying to restore myself. Applied 2000 jobs and interviewed 25 companies. Final rounds etc. Been ghosted, every possible scenario. Still going. Sold off all my Nvidia stock. Scraping by.
If a publicly traded company opts to outsource overseas to reduce expenses, it should begin by outsourcing the CEO position. By saving millions in this manner, the company can maintain the employment of numerous American workers. These employees, in turn, will contribute to the local economy in various ways.
Because contractors are not as taxed as employees. Not sure how it goes everywhere but in my country it is. It's a disadvantage to be an employee. You end up earning more because taxes are lower. Sure you are not as protected and there is no PTO but the pay difference is worth it.
If a publicly traded company opts to outsource overseas to reduce expenses, it should begin by outsourcing the CEO position. By saving millions in this manner, the company can maintain the employment of numerous American workers. These employees, in turn, will contribute to the local economy in various ways.
I think that's a great idea. I can't believe how many people have to lose their jobs to support the insane salary of these CEOS. Thanks for the comment.
They had, ever notice how many of the ceo isn't/never been actually local citizens? At best they are hiring the commonwealthers, but most nowadays are hiring some third world country nobody with fake MBA paperworks that will bring abroad their fellow kinsmenships to replace the management and corrupt everything.
but give it another year, 2 and AI will cause even more massive layoffs.. these giant corporations already began investing in AI.. They are not stupid. They know that AI Systems are capable enough to gradually begin replacng and phasing out HUMANS... DELL, MICROSOFT, IBM, AMAZON ..... They run the companies and they know their SHIT>......
I have no problem boycotting these greedy companies for how they treat the workers who built up their companies , it may be a small step , but I will do my duty as an American patriot to not give these companies a dime .
It’s just a fact of life that a company will lay off and fire workers that don’t deserve it. We shouldn’t think of the system like it should be perfect this way. They often times need to get rid of people or make mistakes in getting rid of people through no fault of their own. It seems to me like it’s a perception we need to change in our society rather than think the system isn’t being what it should be.
@@PonderousPug Indeed it’s happening. I was just saying we as a society shouldn’t make judgements on people who were let go. I feel like that is the bigger problem and being let go wouldn’t carry a stigma.
"They often times need to get rid of people or make mistakes in getting rid of people through no fault of their own." - dump as it gets. So, in a recession where business is bad and not that many people are needed, no one should get fired because? Socialism?
@@ThomasTomiczek the recession would be the "need to get rid of people" part. The getting fired is the "no fault of their own" part. Sometimes it though is warranted. People treat companies like they should be making decisions always fairly and this can cause people to think like they deserved it.
As far as customer service and customer relations you are correct, LLM's cannot reason so they're inadequate in those departments. However, as a programmer, I have first hand experienced the power and efficiency AI can lend a development team in expediting projects. What would take months now takes weeks. Iterations done in mere hours. I also think AI in robotics and factory work is going to expand greatly within the next two years. They've already started in China with cell phone manufacturering. They can create a new cell phone every 5 minutes.
They actually can - the problem here is cost. Not money, time. Anything interactive does not have time to run proper reasoning loops - and even those are problematic NOW, but in research that is quite close to being solved. Multi step reasoning is a lot easier when you can throw 128.000 or more token context on it - but that has a time impact and that is not suitable yet.
It's definitely useful for companies and helps with efficiency. But I don't think we're a year away from it eliminating everyone's jobs. And I don't believe the investment in AI is why these companies we talk about are having to do layoffs, I still think it's lack of leadership and results. Thanks for the comment.
@@LaborGains Note that when I said cost I do not mean investment - a proper AI agentic loop incurs a high inference cost. Money is one thing - and often warranted - but you can hardly chat interactive when answers take 5 minutes. I agree with one year not being in any way realistic, but note how NVidia announced to go for 1000x performance in 5 years. Then quite crazy stuff will happen in real time and with the training getting better and better - not EVERYONE's job, but what do governments do when unemployment is climbing 0.25% per month, with the news being that those jobs never return and people can watch robots doing work? The current AI job losses are there - far and between (ask translators, voice actors, graphics designers in some areas - in gaming, i.e., a lot of the background stuff is now ai generated) but it WILL start in 2025 unless we stop with models where we are now.
what is 'corporate green'? Why I'd the subject of so called 'corporate greed' not raised when in a boom, companies hire people but only when in a bust companies fire them?
@@LaborGains yeah, yeah, a typo. What is this so called 'corporate greed'? How about government greed, which prints and borrows beyond the means and desires of the country to pay for what it is willing to spend and buy?
Yes its an excuse, but if you think you were laid off because of AI I wonder what kind of fake “work” you were doing, besides updating your social media most of the day at “work”. So realistically office workers are not needed., it’s fake work.
AI & robotics performance is improving at an exponential pace. Simple over-the-air software updates, or several over-the-air sofware updates per month, are all that is needed (not a phyical repair man) for exponential performance improvement. Anyone who does indoor manual labor, driving, accounting, data entry, or telemarketing will be FULLY replaced within the next few years. If that's you, don't let the naysayers convince you that you're safe, cause you're not. Make the career change now.
Don't hire me that's ok. I'm going to work in AI anyway. I look for employees that want to learn how to use AI to make their job easier. I train the employee when he is not at work. This is how I started. I made up some business cards and started to talk to people on how AI can be used on their jobs.
Yup, went for lab work at quest diagnistics. Thay had a kiosk standing in front of the reception area, no receptionist. I needed a price and to set an appointment. Some nurse came in for one of the people waiting never looked at any body else and left...I took my money elsewhere. I'm not doing this convenient data entry and customer service for you. That's part of your job...
Light based chip for AI will dethrone Nvidia monopoly in it and burst the current AI superhype unless they also invest into it. I really wonder how those "AI investors" would feel once or if their investments is made obsolete in a worst way compared to the way companies are replacing their workers for AI
AWS is no longer açcepting new clients for cloud services. Bezos said that AI can replace most programmers. Im developing a social web3 casino with AI programming and AI art.
I see this ai stuff back firing on the companies , what do you think ? Its like automated phone thing that you get when you first call , no one likes it and skip through to the human anyway lol who else thinks ai will lan these companies crawing back to hire fired /layed off employees?
I think there has to be a tipping point when customer are so frustrated with not being able to get anything done because everything is AI that they stop doing business with some of the bigger companies. A lot of times there are smaller companies that they can take their business to. It's possible for organizations to spend time and money to train the IVR to figure out what the customer wants and then to send the call to the right place, but it seems that companies don't want to invest in anything that would improve the customer experience. Thanks for the comment.
From what I understand, you Americans don't have a real welfare state in the sense that you can apply for unemployment benefits and remain on them until you die. We in Germany have "Citizen's money", in the UK the Brittonians have Universal credit. Maybe it's time America gets a better welfare / safety net for the poorest ?
I agree. That's just one reason why I want to leave the U.S., but mostly I just don't like the work-life balance here. As for welfare, I kind of don't know how to feel about that sometimes because there are also people who parasite off of productive taxpayers' money and choose not to work or work very little even though they are capable. Even in America there are people living in Section 8 housing and on welfare who don't work, they just get taken care of by the state. Every country has its pros and cons, but one thing I don't like about America is how work is prioritized to the expense of people's lives. I'm 27 but I don't think I will be leaving any time soon because my parents are old (they were 50+ years old when they adopted me). I don't think I want to live here for my entire life, but it's hard to know if I'll ever be able to leave. I have considered Germany or Austria as options in the future and I don't mind learning German as I already speak three languages anyway, but since I have never even been to those countries, I don't know if I'd even like it there or not. I speak decent Spanish too so Latin America and Spain are also possibilities.
@@liamliam5341 Has nothing to do with anyone wanting to control your life, it's just about quality of life. Imagine not having to fear homelessness, even if / when you're broke. But, "To each their own".
@@janreichenbach265 European govs have damn near absolute control of their subjects, your free lunch is not so free. I would rather be free and poor vs being a well fed slave. But to each their own.
@@rtlau-mk4ditake a trip to those countries first… obviously lol. If you offer those countries a valuable skill you can get in. My husband worked hard to be the first Australian at his company to transfer to the US. People who want to be here deserve to be here. If you don't want to be here please leave because there are others waiting to get in.
I know exactly where this park is. SMZ 43, between Ebano and Oyamel. Let me know if we are neighbors. This is first video of yours I have seen. Good info.
Bro this is so true!! I'm completely impacted by this and went thru this experience. Trying to restore myself. Applied 2000 jobs and interviewed 25 companies. Final rounds etc. Been ghosted, every possible scenario. Still going. Sold off all my Nvidia stock. Scraping by.
Do NOT start a family or marry at this time, a massive collapse much bigger than the Great Depression is coming in the next 3 years or so.
If a publicly traded company opts to outsource overseas to reduce expenses, it should begin by outsourcing the CEO position. By saving millions in this manner, the company can maintain the employment of numerous American workers. These employees, in turn, will contribute to the local economy in various ways.
Sorry to hear you have been struggling. It's rough out there. Gotta keep fighting. There's no magical solution unfortunately. Thanks for the comment.
Yes you are right it's also the Federal Reserve also saying in their speeches that they need to reduce inflation. They say they need less employment
Thanks for the comment.
There was a time when Microsoft had 100K employees but 120K contractors…
Because contractors are not as taxed as employees. Not sure how it goes everywhere but in my country it is. It's a disadvantage to be an employee. You end up earning more because taxes are lower. Sure you are not as protected and there is no PTO but the pay difference is worth it.
Oh wow. Yea, benefits are costly to companies.
If a publicly traded company opts to outsource overseas to reduce expenses, it should begin by outsourcing the CEO position. By saving millions in this manner, the company can maintain the employment of numerous American workers. These employees, in turn, will contribute to the local economy in various ways.
I think that's a great idea. I can't believe how many people have to lose their jobs to support the insane salary of these CEOS. Thanks for the comment.
They had, ever notice how many of the ceo isn't/never been actually local citizens? At best they are hiring the commonwealthers, but most nowadays are hiring some third world country nobody with fake MBA paperworks that will bring abroad their fellow kinsmenships to replace the management and corrupt everything.
AI is just another excuse....
but give it another year, 2 and AI will cause even more massive layoffs..
these giant corporations already began investing in AI.. They are not stupid. They know that AI Systems are capable enough to gradually begin replacng and phasing out HUMANS...
DELL, MICROSOFT, IBM, AMAZON ..... They run the companies and they know their SHIT>......
It’s all tied to the Fed raising interest rates. It means borrowing money is not as affordable and now corporates are cutting expense with layoffs.
I have no problem boycotting these greedy companies for how they treat the workers who built up their companies , it may be a small step , but I will do my duty as an American patriot to not give these companies a dime .
It's not the company /corpo itself but rather the people running them.
As a student of history, I would advise everyone to start reading Marx
AI is not at this level yet.
I’d rather deal with a robot than a rude 20yo drive thru employee
Fair enough. Thanks for the comment.
It’s just a fact of life that a company will lay off and fire workers that don’t deserve it. We shouldn’t think of the system like it should be perfect this way. They often times need to get rid of people or make mistakes in getting rid of people through no fault of their own. It seems to me like it’s a perception we need to change in our society rather than think the system isn’t being what it should be.
Did you watch the video? The companies are lying and saying people are underpreforming to have a reason to fire them, it's happening en masse.
@@PonderousPug Indeed it’s happening. I was just saying we as a society shouldn’t make judgements on people who were let go. I feel like that is the bigger problem and being let go wouldn’t carry a stigma.
@@robnelson6545 My bad, I read your comment wrong 😅 I agree
"They often times need to get rid of people or make mistakes in getting rid of people through no fault of their own." - dump as it gets. So, in a recession where business is bad and not that many people are needed, no one should get fired because? Socialism?
@@ThomasTomiczek the recession would be the "need to get rid of people" part. The getting fired is the "no fault of their own" part. Sometimes it though is warranted. People treat companies like they should be making decisions always fairly and this can cause people to think like they deserved it.
The AI you are thinking of artificial intelligence is not the AI that’s taking jobs. The AI that’s taking jobs is actual inflation 😂.
As far as customer service and customer relations you are correct, LLM's cannot reason so they're inadequate in those departments. However, as a programmer, I have first hand experienced the power and efficiency AI can lend a development team in expediting projects. What would take months now takes weeks. Iterations done in mere hours. I also think AI in robotics and factory work is going to expand greatly within the next two years. They've already started in China with cell phone manufacturering. They can create a new cell phone every 5 minutes.
They actually can - the problem here is cost. Not money, time. Anything interactive does not have time to run proper reasoning loops - and even those are problematic NOW, but in research that is quite close to being solved. Multi step reasoning is a lot easier when you can throw 128.000 or more token context on it - but that has a time impact and that is not suitable yet.
It's definitely useful for companies and helps with efficiency. But I don't think we're a year away from it eliminating everyone's jobs. And I don't believe the investment in AI is why these companies we talk about are having to do layoffs, I still think it's lack of leadership and results. Thanks for the comment.
@@LaborGains Note that when I said cost I do not mean investment - a proper AI agentic loop incurs a high inference cost. Money is one thing - and often warranted - but you can hardly chat interactive when answers take 5 minutes.
I agree with one year not being in any way realistic, but note how NVidia announced to go for 1000x performance in 5 years. Then quite crazy stuff will happen in real time and with the training getting better and better - not EVERYONE's job, but what do governments do when unemployment is climbing 0.25% per month, with the news being that those jobs never return and people can watch robots doing work?
The current AI job losses are there - far and between (ask translators, voice actors, graphics designers in some areas - in gaming, i.e., a lot of the background stuff is now ai generated) but it WILL start in 2025 unless we stop with models where we are now.
what is 'corporate green'? Why I'd the subject of so called 'corporate greed' not raised when in a boom, companies hire people but only when in a bust companies fire them?
I don't know. What is corporate green?
@@LaborGains yeah, yeah, a typo. What is this so called 'corporate greed'? How about government greed, which prints and borrows beyond the means and desires of the country to pay for what it is willing to spend and buy?
You don't want to deal with corporations, go work for the Post Office.
Thanks for the comment.
Yes its an excuse, but if you think you were laid off because of AI I wonder what kind of fake “work” you were doing, besides updating your social media most of the day at “work”. So realistically office workers are not needed., it’s fake work.
A lot of those jobs that were made remote are now being shipped to India and the Phillipines. That is what is happening at Allstate and Wells Fargo
That's true. Thank you for the comment.
AI & robotics performance is improving at an exponential pace.
Simple over-the-air software updates, or several over-the-air sofware updates per month, are all that is needed (not a phyical repair man) for exponential performance improvement. Anyone who does indoor manual labor, driving, accounting, data entry, or telemarketing will be FULLY replaced within the next few years. If that's you, don't let the naysayers convince you that you're safe, cause you're not. Make the career change now.
Thanks for the comment!
Don't hire me that's ok. I'm going to work in AI anyway. I look for employees that want to learn how to use AI to make their job easier. I train the employee when he is not at work. This is how I started. I made up some business cards and started to talk to people on how AI can be used on their jobs.
Yup, went for lab work at quest diagnistics. Thay had a kiosk standing in front of the reception area, no receptionist. I needed a price and to set an appointment. Some nurse came in for one of the people waiting never looked at any body else and left...I took my money elsewhere. I'm not doing this convenient data entry and customer service for you. That's part of your job...
Wow, that is absolutely ridiculous. Thanks for sharing.
Stop blaming, Ai
That won't happen until 2026
lol that's pretty soon
Right around the corner then?
If you take that severance package-and you talk smack about anything to do with that company you will be sued and made to pay it back....
True. Thank God some people are able to anonymously leak some information so the general public can know what is going on. Thanks for the comment.
Light based chip for AI will dethrone Nvidia monopoly in it and burst the current AI superhype unless they also invest into it.
I really wonder how those "AI investors" would feel once or if their investments is made obsolete in a worst way compared to the way companies are replacing their workers for AI
About 12:08, there's no way a robot could do that...yet
If they could it would be nice. You're right they should be able to soon.
I have to be honest here, IF I were to interview you I would not hire you. You would spell trouble with a capital T.
Wait till you are laid off yourself.
Thank you
AWS is no longer açcepting new clients for cloud services.
Bezos said that AI can replace most programmers.
Im developing a social web3 casino with AI programming and AI art.
Invidia, not NahVidia Please
En-Vidia
Damn ai
Now they are laying off AIs?
Haha. Everybody is getting laid off!
Advanced Ignorance.
A I doesn’t need a degree or house to work from❕
True.
A.I. Another Indian. A.I. took your job.
That's more realistic.
I see this ai stuff back firing on the companies , what do you think ? Its like automated phone thing that you get when you first call , no one likes it and skip through to the human anyway lol who else thinks ai will lan these companies crawing back to hire fired /layed off employees?
I think there has to be a tipping point when customer are so frustrated with not being able to get anything done because everything is AI that they stop doing business with some of the bigger companies. A lot of times there are smaller companies that they can take their business to. It's possible for organizations to spend time and money to train the IVR to figure out what the customer wants and then to send the call to the right place, but it seems that companies don't want to invest in anything that would improve the customer experience. Thanks for the comment.
Its not AI yet, its recession
True.
In the end your a economic product of the 1percent
100% TRUE FACTS CHIEF KEEP GOING
Thank you!
I pray AI reduces head count and drives stocks higher. That would make me happy🎉
Thanks for the comment!
From what I understand, you Americans don't have a real welfare state in the sense that you can apply for unemployment benefits and remain on them until you die.
We in Germany have "Citizen's money", in the UK the Brittonians have Universal credit. Maybe it's time America gets a better welfare / safety net for the poorest ?
I agree. That's just one reason why I want to leave the U.S., but mostly I just don't like the work-life balance here. As for welfare, I kind of don't know how to feel about that sometimes because there are also people who parasite off of productive taxpayers' money and choose not to work or work very little even though they are capable. Even in America there are people living in Section 8 housing and on welfare who don't work, they just get taken care of by the state.
Every country has its pros and cons, but one thing I don't like about America is how work is prioritized to the expense of people's lives.
I'm 27 but I don't think I will be leaving any time soon because my parents are old (they were 50+ years old when they adopted me). I don't think I want to live here for my entire life, but it's hard to know if I'll ever be able to leave.
I have considered Germany or Austria as options in the future and I don't mind learning German as I already speak three languages anyway, but since I have never even been to those countries, I don't know if I'd even like it there or not. I speak decent Spanish too so Latin America and Spain are also possibilities.
No thanks, i do not want the gov stealing from me, and I do not want the gov to control every aspect of my life, or for that matter any of it.
@@liamliam5341 Has nothing to do with anyone wanting to control your life, it's just about quality of life. Imagine not having to fear homelessness, even if / when you're broke. But, "To each their own".
@@janreichenbach265 European govs have damn near absolute control of their subjects, your free lunch is not so free. I would rather be free and poor vs being a well fed slave. But to each their own.
@@rtlau-mk4ditake a trip to those countries first… obviously lol. If you offer those countries a valuable skill you can get in. My husband worked hard to be the first Australian at his company to transfer to the US. People who want to be here deserve to be here. If you don't want to be here please leave because there are others waiting to get in.
Kafkaesque
Ai all Indian
Ai is the biggest bs of our generation
With that attitude, you'll be in the poor house in a few years.
Thanks for the comment.
I know exactly where this park is. SMZ 43, between Ebano and Oyamel. Let me know if we are neighbors.
This is first video of yours I have seen. Good info.