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by dsa3a 66 days ago
That aside.

Lets look at the facts.

Are LLMs displacing labour? In the aggregate - not from what one can see. The aggregate statistics tell a different story e.g. the hiring of software engineers is still growing Y-o-Y.

The limits of LLMs will be put in place through financial constraints. People like you seem to think there's an infinite stream of money to fund this stuff. Not really. Its the same reason why Anthropic and OAI are now shifting focus to generate revenues and cash flows because they will not receive external funding forever.

2 comments

LLMs are indeed displacing labour. Junior IT roles are drying up in places. Translation and art are also becoming harder to earn from.
I can’t speak for the states, but in AU I clearly see a massive displacement of undergrad and junior roles (only in AI exposed domains).

I say this as both someone who works with many execs, hearing their musings, and someone who no longer can justify hiring junior roles themselves.

Irrespective of that; if we take this strategy of only taking action once it is visible to the layman - our scope of actions available will be invariably and significantly diminished.

Even if you are not convinced it is guaranteed and do not believe what myself and others see. I would ask you is your probability of it happening now really that close to 0? If not then would it not be prudent to take the risk seriously?

> If not then would it not be prudent to take the risk seriously?

What does taking the risk seriously look like?

> What does taking the risk seriously look like?

Politics - proper guardrails, adapting the legal framework to accommodate AI and make sure it doesn't benefit only preselected few.

Something that can and should be done yesterday is to stop the capital drain out of the economy and into accelerated, war-motivated AI development - there's no need for war-AI per se but clearly it's the most likely reason for the capital drain and rush.

Once the rush and wars stop, and some capital is made available for the rest of the economy, the latter can adapt to the introduction of AI at a normal pace, that should include legislative safeguards to support competition and prevent monopolization of AI and information sources.