Social AI Could Wipe Out the Working Class | Sen. Bernie Sanders

[PEB]

 

[TeTe]

Kind of a given at this point. Who knows when through. The fact that the top dogs are pumping money into AI companies that are bleeding cash says a lot about their fears. They're paying for contracts at this point.

AI isn't going away, but the stupid investments will. I can see this playing out the same way as dot com. The market shits the bed when investors realize that these promises aren't materializing... 80 percent of the startups go bust... OpenAI gets bought out and gutted and the industry has to rebuild from the ground up.

 

[Son of Jamin]

Yeah it’s a little bit different when it’s one job becoming obsolete to whole sectors facing mass layoffs over a short span of time. We’re talking potentially millions of jobs disappearing in the not too distant future. I think it is coming and 10 years from now the work place is going to look very different.

I think job wages are going to go way down for most people and wealth inequality is going to get dramatically worse.

Absolutely, but we have gone through similar major transitions before (agricultural- and industrial).

One anecdote.

A friend works with developing an AI-attorney. Before he began, he feared that he was helping to create his replacement, but after noticing how the AI-attorney hallucinated more than your average "shroom junkie", he felt comforted.

I don't doubt that there will be a massive transformation going forward, but I believe we will see new career paths emerging as well.

 

[Blayt7hh]

Absolutely, but we have gone through similar major transitions before (agricultural- and industrial).

One anecdote.

A friend works with developing an AI-attorney. Before he began, he feared that he was helping to create his replacement, but after noticing how the AI-attorney hallucinated more than your average "shroom junkie", he felt comforted.

I don't doubt that there will be a massive transformation going forward, but I believe we will see new career paths emerging as well.

I get that but AI has only just started. It probably won’t replace trial attorneys in the near future but 10 years it will probably replace a ton of legal workers that research, write motions and prepare documents, etc.

I’m also not seeing much in the way of new jobs it’s going to create.

 

[Daverisimo]

As per the usual, Bernie's on the right track, but he's not nearly extreme enough. The original Luddites showed us how to deal with with technology that disrupts the ability of the working class to make a living, but we collectively called them "crazy" or "extremists". We'll suffer for our complacency to critics of AI just like we suffered from our complacency to the Luddites if we don't shut the fuck up and listen to them.

 

[Bubzeh]

We live in very sad times.

 

[Natural Order]

Too lazy to look this up but I saw a video from legit scientists breaking down how colonizing Mars is VERY hard.

The list of obstacles to overcome is stupid long. Just getting there is one thing but having a permanent base there with people permanently living there isn't happening until like 2300 and beyond.

Hard? Use your brain. It's an absurd idea through and through.

Fucking nerds talking about terraforming nothingness in the black of space when we can barely maintain basic things on a planet that's already providing 100% of what you need. The logistics and costs involved in even beginning something like this is laughable.

This is peak mental illness....a literal symptom of the existential crisis the human brain finds itself in. Misanthrope technodorks have fucked us all.

 

[Koya]

Eh, if you work in IT like I do you would be thinking differently. The massive steps it has taken over the last 5 years is wild. A LOT of IT jobs are going to disappear or be minimized down to a few people behind a AI chat bot in the next 5-10 years. It needs to be regulated ASAP, but that ain't happening under this administration.

That's it. People don't realize how fast it grows. We're doomed.

 

[Fox by the Sea]

They're selling a fantasy.

People don't seem to appreciate how fragile humans are and how unforgiving space is outside the magnetosphere.

I enjoy discussions about the future as much as anyone, but there's a growing disconnect between the theoretical, mental impetus of development and what's actually achievable in the real world. i am all for enthusiasm about science and scientific endeavors, but people don't seem to understand how immensely far things are from each other in space, how hostile space is. we're fine on earth but even here you need special conditions - anyone that has gone camping for 3 days in the wilderness understands how hostile nature is even here, where we evolved to survive. get away from a city and 10 miles away you could die of exposure, even with supplies.

space elevator? moon base? mars colony? colonizing the moons of Jupiter?
there are outlandishly difficult things that cannot really be achieved without enormous tech breakthroughs. as we are now, it's impossible. and it saddens me to say it but we're just nowhere near. maybe in 100 years we'll be ready to start thinking about a moon base, maybe, but i'm not even sure about that. i'd say 500 years from now is a safer bet. of course, maybe somebody makes some enormous tech breakthrough (materials, propulsion) because as we are now, in a linear evolution, it's only a dream.

 

[SandisLL]

Won't be too long. All the major financial institutions are working on AI to replace a large number of jobs. Of course they will never say the job losses are due to AI. My wife worked on the initial AI project for her company (Big Bank). The end goal for it is to replace jobs for these companies.

Banking sector is thinking how to reduce number of employees and doing all the best in their abilities to achieve this during long decades in row, it is nothing new....

Plus ofc specialized software solutions for accounting and risks evaluation etc was nothing new even 20 years ago.
All this is to reduce number of plebs investors should pay in order to get profit.

 

[Why did you]

Banking sector is thinking how to reduce number of employees and doing all the best in their abilities to achieve this during long decades in row, it is nothing new....

Plus ofc specialized software solutions for accounting and risks evaluation etc was nothing new even 20 years ago.
All this is to reduce number of plebs investors should pay in order to get profit.

exactly
investors, shareholders, stakeholders, the board ,all with the same goal , especially in the finance sector - cost savings, head count reduction , etc
AI looks like exactly what they've been waiting for
I'd guess, behind the closed doors, the plan is to automate as much as possible, with as less employees possible, asap

 

[SandisLL]

exactly
investors, shareholders, stakeholders, the board ,all with the same goal , especially in the finance sector - cost savings, head count reduction , etc
AI looks like exactly what they've been waiting for
I'd guess, behind the closed doors, the plan is to automate as much as possible, with as less employees possible, asap

Yes, it is decades in long row.

However they will keep some ppl too, because they will need some humans to show revenue service specialists, prosecutors, investigators , the same shareholders and stakeholders etc...

Interestingly that first stuff banks started to automatizate partially was HR .... in early 2000 ies.

• program to scan CVs in PDF or Word format...where keywords might be listed in checkbox.... if doesn't match, CV is in Grey box ....
• survey type lists to fill, if keywords doesn't match, again application might not get till human to see ...Grey box...

☆ reducing number of bank branches / offices, for this ofc internet banking should had been promoted.
☆ advocate reduce usage of cash and promote internet banking: lesser cashiers to pay salaries... plus they can't hire as cashier random from street without background check and should check how he / she does works during trial period.

Cheaper is to press clients use internet banking....for a reason... easier too...

 

[Why did you]

Yes, it is decades in long row.

However they will keep some ppl too, because they will need some humans to show revenue service specialists, prosecutors, investigators , the same shareholders and stakeholders etc...

Interestingly that first stuff banks started to automatizate partially was HR .... in early 2000 ies.

• program to scan CVs in PDF or Word format...where keywords might be listed in checkbox.... if doesn't match, CV is in Grey box ....
• survey type lists to fill, if keywords doesn't match, again application might not get till human to see ...Grey box...

☆ reducing number of bank branches / offices, for this ofc internet banking should had been promoted.
☆ advocate reduce usage of cash and promote internet banking: lesser cashiers to pay salaries... plus they can't hire as cashier random from street without background check and should check how he / she does works during trial period.

Cheaper is to press clients use internet banking....for a reason... easier too...

Banking is where this trend is most obvious, I’d say.
Take the UBS–Credit Suisse acquisition, for example.
Branches are closing in several locations, so the total number is getting smaller every year.
Internet banking now offers more and more services, allowing clients to do many things on their own without an advisor’s involvement.
Many services that banks used to provide are no longer available, and clients are instead instructed to perform them themselves or use large self-service tablets inside branches.
Automation of mundane and repetitive tasks is increasing by the day.
Headcount is being reduced year after year.
So, I’d guess that as technology improves, fewer and fewer human workers will be needed,until only client-facing roles remain, along with a few tech specialists orchestrating and managing AI agents.

 

[SandisLL]

Credit Suisse requested Switzerland State Treasury for emergency loans in 2009 th.

One from beautiful banks in Demnmark had get 20. 000. 000. 000 DKK loan warranted by Denmark State Treasury in few hours... 2009 th. Beautiful bank without doubts.
These are only few of small examples.

 

[Aegon Spengler]

The artificial intelligence and robotics being developed by multi-billionaires will allow corporate America to wipe out tens of millions of decent-paying jobs, cut labor costs and boost profits.
What happens to working class people who can’t find jobs because they don’t exist?


your thoughts on this topic ?

I think he has a point, if the technology moves too quickly forward. But I’m more worried about the ability of these data centers to perfect the surveillance state, and, eventually, release drones to “problematic communities” automatically.

Everyone assumes the transition will be similar to horses becoming cars, or assembly lines adding more complex industrial machinery. But AI is being made to replace humans. It’s not being designed to augment humans or replace an old technology; the whole point is to replace people by the millions.

If folks were upset with bank accounts of protesters being frozen during the trucker protests in Ottawa, just imagine the speed and accuracy that these massive AI centers will be able to move at to crush unions, protestors, journalists etc.

 

[CatchnShoot]

Did Trump change his name to AI?

 

[ShinkanPo]

It is pretty scary. So many people think their jobs are safe because they think they cannot be done by Ai and robotics. Problem is if these technologies affect enough jobs it will have a huge impact on the overall economy that will eventually impact those jobs that it would seem cannot be done by Ai and robotics. This belief is also incredibly shortsighted because the tech is only going to get better and over time take over more and more jobs.

Yeah they have started making AI travel consultants. Airlines will replace ticket agents soon.

For older agents this is a death sentence. And for the frequent traveler it would be bad as the AI service will not be to standard.

It was never the intent to provide good service eitherway, so everyone is just frucked.

Have you ever tried calling BA, SA or even AA? The amount of voice recording you have to listen to and scream at is just horendous when you just want an agent to change a flight.!

 

[ShinkanPo]

Customer service jobs will never go away completely though. People hate chatbots. To this day, I find myself yelling "speak to a representative" into the phone. I stopped using Coinbase because I hate their CS so much.

The script they are requiring us to post makes me feel a chat bot either.

So I see them replacing me with a Bot next month.

 

[chardog]

You are giving the higher ups that make these decisions far too much credit. In big companies these employees are an ID on a spreadsheet with a cost associated with them. If they can use AI tools to cut costs even if it means replacing experience and knowledge with lesser quality employees, they will. If they see a team of 5-6 sys admins that can be replaced by 2-3 people assisted by AI, they will. It's already happening now where I work with "automation".

I am on a software team of senior developers, and it’s always been the case that juniors gonna get dumped first and the chatbots, which i do use, are only marginally better than google/stackoverflow of the past. Seniors would always outpace juniors by multiple factors, this hasnt changed, and when things get tight like they are now, chop the non productive members, the juniors.

The higher ups do control the direction of the company, tesla is eating everyone’s lunch when it comes to EV’s and it has everything to do with the higher ups, no amount of chatbots or engineers is going to change that.

VW tried this approach, hired loads of engineers to try to outsmart tesla, and with many decades lead in manufacturing no less. They couldn’t beat Elon.

The idea of ramping up raw power of lower level workers and lower level people in general, isn’t going to work out. Chat bots can be helpful, but no way in hell can they compete or give an edge to a high level team.

If you’re a high level worker that is too trusting of the AI, you’re gonna get burned, and if upper management has faith in AI to outsmart their competitors, they’ll lose.

You can make an argument that AI in itself is Innovative, however, AI does not innovate, that is the main problem.

 

[lifelessheap]

If automation and robots take all the jobs, that might not be a bad thing. Sure the transitional period will suck but once we adjust to the new society, it might be pretty good. My guess is we might really start considering colonizing othe planets.

If your needs are taken care of then what else is left? We'll need some kind of purpose or else we'll go extinct.

The people with all the wealth and power literally don't want to breathing THEIR air. They think they own EVERYTHING.