Hacker News new | ask | show | jobs
by trod1234 486 days ago
I think there's a fine distinction between the terms overhyped, and the reality of deceptive advertising, just as there is a fine distinction where 5% of the economy can impact 90% of the economy.

Most of the economy is entry level positions. You sieve these positions to get mid level talent. You sieve them again to get senior level talent.

What will naturally happen when a business sector that is a natural labor multiplier but only about 5% of the economy, multiplies that labor with the outcome being entry level positions are replaced.

5% affecting 90%. Will it take over completely, not at the time we talk about this. We know people age and die eventually.

What happens when there is no economic incentive because there are is no economic demand for entry level positions which would be needed to get the remaining 10% of mid and senior positions as an aggregate?

Its a sequential pipeline. No one going in, means no one coming out. The pool shrinks over time until it collapses. No AGI needed...

The mere expectation to business leadership that labor can be replaced by using AI, regardless of outcome because debt financing decouples these, ensures you've already integrated before you can see the problem, and by the time you see it there is nothing you can do to solve it. Its a classic cascade failure, like a dam breaking, or snow pack that becomes an avalanche.

In other words, these are the problems where lives are lost at least once, in order to find the co-factors that objectively show the cascade failures so you can react and adapt in time.