[ascotan]

my 2cents: FUD

will AI displace jobs: yes undoubtly. But it's not equal even across the tech sector. Outsourcing jobs are extremely at risk. Companies have been offshoring to vietnam, india, malaysia, etc for decades because they're cheaper to hire/pay than americans. But guess who is even cheaper then them? AI. so all the back office work will transition to AI. it's just a matter of time.

But it remains to be seen if corporations will downsize significantly due to AI. I dont currently see it. In fact the opposite is happening. The hype around AI is driving job growth not decline: https://finance.yahoo.com/news/data-shows-surprising-rebound...

The premise of this that AI will cause a catastrophic wipe out of jobs everywhere is FUD. In software we are much more likely to see the cambrian explosion of software companies and the de-FAANGing of corporate america as software development because easier. a pizza team of 6 can now create something amazing that might have once required a huge budget and organization. The consolidation of tech that has been happening since the 90s might actually be reversing.

AI is something that is empowering new modes of business. Think about how media has become democratized in the last 20 years and big corporate media conglomerates are struggling to hold the publics attention because its now easier than ever to publish your own movies/news. AI (i believe) will democratize things that are now held in control by guilds/companies/etc. And maybe this isn't such a bad thing.