This AI report spooked Wall Street yesterday.
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Yeah...well...
Then there's the reality of the situation
mmmkay? Thanks for playing.
u/#catdance
AI at this point is ‘outsourcing’ on steroids. I think a lot of companies are going to FAFO.
I’ve watched many jobs (skilled and unskilled) go overseas to ‘outsourcing’ for the bottom line and some jobs come back, some don’t. One thing in common though, the MBA’s are oblivious to the realities of their decisions and only see the spreadsheet numbers. Often mistaken in their analysis of ‘improving the bottom line’. They will bury their heads or, bury the true numbers until they are promoted and/ or move-on. Often times handing it all (the mess) to someone else to do the same and lie to the boss about it.
AI…….I think, will usher in a whole new level of this. It will create issues for those who jump on the bandwagon (trend / fad) and start blindly implementing (replacing jobs) w/o a very high level scrutiny.
somebody big got margin called. the news report is cover
Yup - it is ‘cover’ and at the same time ‘feeds the bubble’ to an extent. Nary a word of the reality of implementation difficulties / obstacles.