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by protocolture
31 days ago
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The claim is and always has been that automation increases net jobs. There's never been an automation revolution that worked otherwise. The counter claim that LLMs were special for some reason has never been supported. And a lot of its proponents have other axes to grind, like UBI, Socialism, Communism etc. It would suit their worldview for this time to be different, and so thats the message they push. |
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I think the bigger conclusion is that LLMs are, for now, having a minimal effect on the labor market. And I think this makes sense. In spite of individual claims of 10x productivity boost or whatever, their effect on the bottom line of companies seems to remain quite unclear, at best. On the contrary the token-maxing catastrophe seems to have resulted in companies becoming far more price conscious towards LLM usage.