Windy cityFeb 4

Not only are workloads increasing, by hollowing out their junior ranks, businesses are putting themselves squarely in the path of a slow-burning demographic time bomb as seniors begin to retire in record numbers.

"There won’t be an endless supply of experienced hires to fall back on, so everyone will be fighting for the limited, increasingly expensive talent with domain expertise"

What exactly is the tech-industry's endgame here?

https://www.fastcompany.com/91483431/companies-replaced-entry-level-workers-with-ai

#noai #techbros #ai #llm #technology #programming #sysadmin #linux #indieweb #capitalism #reading #art #adhd

Companies replaced entry-level workers with AI. Now they are paying the price

Recent graduates are clearly not okay—but neither are the companies that decided they could do without them.

Fast Company
Show threadAndre

@pheonix endgame is maximizing shareholder profits, record-breaking growth, selling empty promises.

Every single tech "magic bullet" in the last decade is a scheme. Crypto, metaverse, nfts, and now LLMs/GenAI.

The goal is to funnel as much as one can possibly of the global wealth in the lowest number of pockets they can get away with.

When this explodes the main players will have already cashed out and there'll be just a TON of idiots holding their empty bags and trying to find a new way to be scammed.

Feb 4 at 9:15amWeb