Both of these statements are true: Across the whole US economy, there’s not really a visible effect of AI on hiring and job mix; Some sectors are absolutely devastated directly by AI. But als…
  • MNByChoice@midwest.socialEnglish
    13·
    11 hours ago

    In the USA, a lot of media is currently comparing the “AI Bubble” to the 2000’s “Internet Bubble”. It has been pointed out that no part of the current bubble is functioning like a bubble. People are not being hired, wages are not going up. Neighborhoods are not filled with suddenly wealthy people. A lot of the current build out will be useless in 5 years.

  • bluGill@fedia.io
    2·
    12 hours ago

    Just another recession. Don’t invoke depression - things are not nearly that bad.

    • CinnasVerses@awful.systemsEnglish
      12·
      12 hours ago

      Also likely to be concentrated in the USA, whose government is helpfully screaming at the rest of the world “disconnect your economies and your IT systems from ust!” Most of us are busy doing that as fast as possible although it takes a while to get everyone on board.

      its a very useful skill when reading the internet to learn to see when “in the US and UK” or “in SoCal and London” should be appended to a sentence. Once you see it you can’t unsee it.