Mastodawn

My take:

The AI scam is a bubble. It's going to burst, and 99% of the "value" in it will evaporate. (There will be some utility in the 1%.)

There will then be demand for skilled human employees … who will be few, because unused skills atrophy and there's a crimp in the training pipeline.

Wages for those who can do stuff will spiral.

But there'll be a net productivity decline and a recession.

So: the long-term legacy of the AI bubble will be stagflation.
https://toot.cafe/@baldur/114443358373790490

Baldur Bjarnason (@baldur@toot.cafe)

“The AI jobs crisis is here, now - by Brian Merchant” https://www.bloodinthemachine.com/p/the-ai-jobs-crisis-is-here-now > The unemployment rate for recent college graduates is unusually high—and historically high in relation to the general unemployment rate "AI" is killing entry-level jobs, which means that a few years down the line companies won't have senior labour to hire. This also shows that talk about “AI literacy” and “AI skills” is a joke. You’re not gonna need any skills if employers aren’t employing in the first place

Toot Café

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Charlie Stross 6d ago

Also, if (as Satya Nadela claims in public) 30% of Microsoft's software is LLM-generated, then we can expect the next couple of generations of Windows and Microsoft Office to be unelievably bad. Not just enshittified for advertising and profit: but full of really idiotic security holes and bugs inserted by LLMs that were trained on their own toxic efflux by "developers" too de-skilled to understand what they were doing.

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砂漠人

x 🏜️

@cstross I'm sorry but when were any Microsoft's offerings not unbelievably bad?

Been hating MS since DOS 3.1 💾

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Charlie Stross 5d ago

@sleepytako Microsoft Word 5.1a for MacOS in 1987 pretty much nailed the target ("WYSIWYG Word Processor") to absolute perfection. Then they screwed the pooch with Word 6. (The original team lead left, then politics ensued and they ported the Windows version to MacOS—it was bloated, bug-ridden rubbish that trampled on UI guidelines and was barely usable. The planned Word 6 for Mac was going to be like Word 5.1 only with Word BASIC macros.)