Post by @nixCraft@mastodon.social

This is such a brutal thing. Yes job loss is not nice even if they get some money to exit. The whole IT sector is now a race to the bottom until AI causes a massive job and stock market crash and then nobody will have a job, pensions will be burned out in stock market scams and meanwhile, some of these AI tech bros will have made billions in profits. Well done, Microsoft and every other batshit crazy AI company.

@nixCraft 😤🤬

@nixCraft "AI", not AI! It's not just code being stolen anymore but literally behavioral patterns extracted from those very employees by forcing them to use LLMs before getting fired.

@nixCraft And this is assuming it doesn't work. I would very much like to see LLMs finally hit a ceiling and stall but I keep getting surprised how far autocomplete in a loop with tools to keep it on track can get.

All this reminds me of the scene from Oppenheimer after the successful test where he tried to give them advice but since he's already done his part, they dismiss him with "we’ll take it from here, doctor".

@nixCraft None of my colleagues who enthusiastically use LLMs want to think about the logical consequences and the endgame. They are feeding the machine examples of how to solve problems until it has enough data points to cover enough real world usage that they're no longer needed.

Probably it doesn't generalize so it's not aAI (actual AI) but automating 99% of the work is still a 99% reduction in needed labor. And they do it "voluntarily" without even a promise of ownership.

@nixCraft coreweave (CRWV), a prominent bitcoin mining company now pivoting to building AI data centers, has lost abt half its stock value since August. Whee.

@nixCraft All those tech bros are going to need those fortresses they are building.

@nixCraft geninely hoping the AI bubble bursts as soon as possible

@nixCraft worst part will be post-crash when there will be no workforce available: laid-off people would had either reconverted to other jobs or become out of touch for whatever techonologies are now required, and new workforce are so AI-dependant that they would be unable to be productive without it

@nixCraft Holy crap. This is not gonna go well for anyone.

@nixCraft Microslop is an evil pos on a good day.

@nixCraft To be fair, 60k are eligible - not 60k headcount reductions.

Voluntary leave is preferable to the alternative.

@larsmb @nixCraft dey are looking for reasons and if you do not budge you are fired for minor things.

@nixCraft If i understand this whole layoff stuff correctly (from big tech in general) they are shifting priorities (canceling projects etc…) towards building datacenters and LLM development rather than just straight out replacing people with AI.
So the layoffs are just there to free some more budget for datacenters.
Continuing to develop their exisiting software doesn’t seem to get the shareholders excited i guess.

@nixCraft so no more Windows? GOOD

@nixCraft big tech mostly consista of smoke and mirrors at this point. No wise person or business should rely on their services.

@nixCraft I'm really sorry. This is all my fault. I recently turned my laptop to Linux after decades of Microsoft OS.

@nixCraft "but everyone will have more leisure"

@nixCraft no company should be so big that it has 60,000 "extra" employees. Those people could have been in HUNDREDS of small companies that valued them.

@nixCraft they will rehire them bit at a lower salary obviously. This is the ai game.

@nixCraft don't forget that companies use AI as an excuse for a layoff because it automatically creates a boost in stock prices for the company, instead of the previously normal outcome of stock prices going down. So they "have" to say it

@nixCraft 💥The Capitalust End Game 💥 is here! “Embrace the rapture or fight? Is the question. 🤔

@nixCraft Europe, Canada and UK turning away from Microsoft and other US companies, might also be a reason for personnel cuttings

@nixCraft Oh I hope they feel their reckoning so much it hurts their fucking bones.

Fuck microslop.

@nixCraft MICROSOFT IS TRUE EVIL! EVEN I, THE EVIL DR. DEEVIL AM NOT THAT EVIL! THOSE 60,000 MINIONS WILL END UP BETTER OFF! COME BE MY MINIONS!

@nixCraft only 5-10% of 60,000 are expected to take this offer.