Big Companies Are Starting to Hire Again, Defying Predictions of AI Wipeout

[Weird Tolkienish Figure]

https://www.wsj.com/business/big-companies-are-starting-to-hire-again-defying-predictions-of-ai-wipeout-f4974e99

IMO it was never about AI, it was about overhiring after Covid. AI isn't advanced enough to do what people think it will do... of course, that could change.

[DefiantMassRINO]

AI can't integrate itself with exisiting application architectures ... unless 'cat > /dev/AI' works on command-line.

There will be a few years of growing pains ... figuring out security ... figuring out costs ... figuring out positive-value propositions vs negative-value propositions ... data-center buildouts will hit regulatory, financial, and supply-chain road blocks ... losers who took on too much debt will face cash liquidity, cash flow, accounting, auditing, and reporting issues/scandals ... re-assesment of data center architectures to better scale within constraints of electricity supply, chip supply, and revenues ...

One of my apps broke the bank when it consumed 4.8 cents worth of AI tokens last month ... it was only budgeted for .005/cent ... were the AI results worth the cost incurred? ... that's for Finance and business analysts to determine ... right now we are in the schoolground sand-box phase of the speculative AI moonshot, consequences and costs be damned.

[roamer_1]

https://www.wsj.com/business/big-companies-are-starting-to-hire-again-defying-predictions-of-ai-wipeout-f4974e99

IMO it was never about AI, it was about overhiring after Covid. AI isn't advanced enough to do what people think it will do... of course, that could change.

Oh, I will disagree with that... AI is just the next in a long, long line of business fads, and there is a veritable cornucopia of articles in the NEWS, wherein corporate is hiring back the folks they let go in the midst of AI 'advancement'... They had axed whole departments, figuring AI could do what all them folks were doing, and the lure of saving a literal butt-ton in wages and HR... And they were wrong.

Not that there are not other considerations - You are right about COVID - Still feeling the repercussions of that whole thing... And what Bud Light did to whole HR departments is a thing of beauty. But the AI thing is real.

You are right that it is not ready for primetime. But I would go a bit further and identify the fad. It may find a niche here and there, but it ain't all that, never was, and never will be.

[Smokin Joe]

Oh, I will disagree with that... AI is just the next in a long, long line of business fads, and there is a veritable cornucopia of articles in the NEWS, wherein corporate is hiring back the folks they let go in the midst of AI 'advancement'... They had axed whole departments, figuring AI could do what all them folks were doing, and the lure of saving a literal butt-ton in wages and HR... And they were wrong.

Not that there are not other considerations - You are right about COVID - Still feeling the repercussions of that whole thing... And what Bud Light did to whole HR departments is a thing of beauty. But the AI thing is real.

You are right that it is not ready for primetime. But I would go a bit further and identify the fad. It may find a niche here and there, but it ain't all that, never was, and never will be.

It will find a niche...writing term papers for college students.