AI Deception: How Tech Companies Are Fooling Us

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AI is everywhere. Is it all it's cracked up to be or is it one big scam? Well, as it is for most things, the truth is somewhere in the middle. In this episode we see how, despite some of AI's useful contributions, the hype has also impacted the tech industry negatively.
Sources: docs.google.com/document/d/1V...
Excerpt on AI in laptops provided by Just Josh: / justjoshtech
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Producer: Dagogo Altraide, Tawsif Akkas
Writers: Dagogo Altraide, Tawsif Akkas
Editors: Tanzim Uddin, Brayden Laffrey

[@Emperor_Shao_Kahn]

thinking AI is doing your self checkouts and then finding out its just 1000 people in India watching the cameras 24/7 sounds like a good south park episode

[@AaAa-je5eo]

🤣😅

[@mafiousbj]

Go read about the UHRS. Your search engine algorithm is being "trained" the same way 😂

[@harrisbuild]

AI : Actually Indians

[@blantant]

Lmfao 😂 ​@@harrisbuild

[@kuddybeef777]

Frr

[@freakyandroid]

AI = Anonymous Indian

[@motogee3796]

😂

[@avisalvator290]

😂

[@amirHoe]

😂😂

[@ec8483]

AI: All Indians

[@ab1577]

That's brilliant 😂❤😅

[@GursimarSinghMiglani]

Lol

[@Xen-wy6bo]

Damm me human 😂

[@ChinchillaBONK]

Active Indians

[@leonardo03231315]

😂😂😂

[@HieuNguyen-nb2cm]

I work in an aerospace MRO company and the marketing team is now labelling EVERYTHING a computer in our company does as “AI powered”… Literally techs that existed decades ago (FEA simulation, self-filling forms, automated tool management system, data analytics tool, etc) is now “AI powered” just because they r jumping on the trend. Management is now even encouraging engineers to consult chatgpt for our calculations… while i know for a fact it cant even convert some units correctly. This is ridiculous

[@robertmusil1107]

I've used ChatGPT for some summaries on scientific sources and the same with Bard. They literally invent sources that do not exist... No idea how someone can trust those things.

[@dbkwow]

Indeed, LLMs are prone to factual hallucinations and should never be used for complex calculations

[@InfinitesimalInfinity]

Recently I came across the term "Generative AI based design solutions" which is nothing but good old topological optimization.

[@TBolt1]

Are you making parts for Boeing, by chance? 😅

[@HieuNguyen-nb2cm]

@@TBolt1 no haha we deal with maintenance and spare part installations, so after-market stuffs.

[@theroysombrero7392]

Let's not forget, Mark Cuban was 100% all-in on NFT's and defended $43 million Bored Ape prices.

[@AGILISFPV]

This ^^^^^

[@jimj2683]

Mark Cuban is an awkward clown.

[@DanKeeley]

😂

[@wildpants9347]

What's crazy is that he still defends it. I feel bad for those who blindly trust billionaires and end up betting their house on such stupid things

[@sandyj342]

Mark is a fraud

[@hellfire5108]

What surprises me the most is the fact that Amazon was trying these "walk out" stores in the US where people already perfected this type of shopping.

[@LazyDaisyDay88]

🤣

[@jean-marcducommun8185]

Hard to beat that one!

[@StallionStudios1234]

Especially in New York now lol.

[@danielabbey7726]

The old "five finger discount". 😂

[@MyroGem]

This is gold 😂😂😂

[@clairebaldwin8733]

AI has replaced between 60-100 people from the company I currently work for... And complaints from clients have increased..... Great informative video. Thanks 😊

[@jensenraylight8011]

lol, Go AI go Broke

[@Matanumi]

Of course they have- company is dumb for thinking the transition would've been smooth

[@masudsaleh5155]

That's why it's important to enrol in Google's IT support 👏🏻

[@LeoVital]

AI will improve considerably in a very short timespan. Humans won't. This is a moot point. It's akin to looking at the first cars and saying "Look, when they crash there's a far higher chance to die than if you just have an accident with a horse!".

[@jensenraylight8011]

@@LeoVital and? the goal of those companies is to make AI Autonomous, they're not planned on making people to operate AI? because what the point of that when AI can Generate Prompt and keep churning stuff without needing input from anyone. it's like an assembly line you're the victim as well, and UBI won't come because it's a financial suicide. without a job or money, are you prepared to sleep on concrete?

[@washingtonradio]

My problem with AI is it is fundamental a statistical model based on large amounts of data. The key is the quality of the data initially used and used to update the model. It doesn't actually think in any real sense of the word. AI is very susceptible to "Garbage in, garbage out".

[@herp_derpingson]

How are humans any different? Garbage in, garbage out applies for humans too.

[@rdm5547]

Correct! AI is just a statistical predictor.

[@rdm5547]

​@@herp_derpingsongarbage in and garbage out humans are useless for business and productivity. Similarly, AI is useless if it generates rough output but at the bottom a disclaimer is written "Generated results may not be accurate". AI is also useless if it gives garbage out for garbage in.

[@michaelbarbarelli3764]

True dat.

[@randomuserame]

As shown by AI projects that ended up being racist. The good old Chan of 4 figured out decades ago that these things are only as good as the information they're served. Back then it was just chat bots, but the same principle applies. They're not sentient, so all of what they are is based on what we tell it to be.

[@dahawk8574]

"Full Self Driving" ...actually just some dude halfway around the world remotely turning your steering wheel.

[@FrotLopOfficial]

Thats exactly what Waymo is doing as we speak.

[@petersmangalisongoma2013]

Yep, FOOL self driving is exactly like that

[@Carnold_YT]

And that dude is used to driving on the other side of the road.

[@ze2411]

lollllll

[@gavinbalajadia8697]

I know this is a joke. But have you used FSD?

[@b-art6098]

I worked for an accounting company from France that used hundreds of cheap laborer from Madagascar to manually input data from photos of actual bills people uploaded believing it’s OCR. Nowhere they mentioned it’s all done manually.

[@prestonr6348]

Wait isn't OCR old technology? You can upload your receipt to GPT-4/Claude 3 and its vision features can extract receipt data.

[@b-art6098]

@@prestonr6348 I don't know what they are doing now, this was in 2022.

[@hotdog77189]

@@prestonr6348 its not good enough for 100% coverage

[@b-art6098]

@@prestonr6348 I worked for them in 2022. I don't know what they are doing now.

[@San-pv]

damn thats so personal

[@DanteTheAbyssalBeing]

Cleaning toilets for a living might be the shittiest job I've ever had, but at least AI is unlikely to replace me.

[@MBunn-uf1we]

"introducing, the self cleaning toilet!"

[@DanteTheAbyssalBeing]

@@MBunn-uf1we Even the robots wouldn't touch some of the things I've had to scrape off a crapper 😂

[@MargaritaMagdalena]

I work full time as a dishwasher at a big restaurant. I can never be replaced by a machine or AI. Feels good.

[@Raptor50aus]

AI is like 30 years ago when Intel used the term "MIPS" to promote CPU performance. MIPS stood for "Meaningless information to promote sales"

[@Marrow9000]

I programmed in MIPS in one of my electrical engineering classes for microprocessors a long time ago. It was hard and tedious.

[@worskaas]

​@@Marrow9000I suppose that is why x86 codebase for Windows was the only one that was stable even though Windows was originally intended for MIPS because they thought it would be the future

[@bolle666]

Just wait until they find out that every Alexa actually has a tiny person in it.

[@syloui]

Actually yes, it was third world interpreters. Look it up

[@CourageToGroww]

Smurfette with a megaphone

[@Window4503]

Black Mirror had an episode proposing something similar lol

[@carsongabriel1949]

😅😅😅😅😅😂😂

[@paulolaniyi7875]

😂😂😂

[@rad4924]

Wait, Amazon did something dishonest and unethical!? Gosh that's so out of character for them...

[@caro.caro.9578]

Right?!!!

[@KaiserV-2]

Damn, this must be a one time occurrence! I doubt it would ever happen again, they are obviously the must trustworthy company in the world.

[@brendenklein784]

Am I the only one that refuses to support their business model? I feel like every other door has 1-2 packages from them every day.

[@leonvolq6179]

Shhh Bezos is listening!

[@zwerko]

Pssssh... Amazon doesn't give people jobs, Amazon bad. Amazon gives people jobs, Amazon bad. Can't they do anything to please you people? Leave Britney Alone!

[@phasm42]

I would go further: we don't actually have AI. We have machine learning, which has shown itself quite good at faking intelligence, but not actually intellifent. ChatGPT, under the hood, is an overpowered autopredict.

[@jonathan0berg]

Overpowered autocorrect is still pretty nifty, but it falls way short of what all the hype would have people believe.

[@oompalumpus699]

This! It's a mix and match data sorting machine on steroids. But it's not sentient or sapient. I'm scared of fungus computers though. Those might become self-aware.

[@Jonas-Seiler]

@@oompalumpus699 probably not

[@Arigator2]

We don't have human intelligence yet.

[@mechanicalmonk2020]

The typo and nonsensical word "autopredict" in this comment is just so deliciously ironic. Bro even edited it.

[@LucaStanga-ww4pm]

A friend of mine is an electronic engineer with +30 years experience, so he started working with paper and pencil. He once told me :"now with a computer I can do in a few hours what once would have taken me days of work, but I still have to stay at the office 8 hours every day". I don't know what's gonna happen with the job market, but one thing's for sure. The rise in productivity is goign to go all in the pockets of the proprietors.

[@user-bm4yf6td7d]

What did you mean? your friend says that the computer allows him to do work in a few hours, but he deliberately does not use the computer? does he use pen and paper instead? so he increases his time in the office?

[@Jonas-Seiler]

just there's not gonna be a rise in productivity with this one

[@LucaStanga-ww4pm]

@@user-bm4yf6td7d I mean that legal full-time job contracts require a person to work 8 hours a day back then as much as they do today. On the other hand productivity has increased enormously because of the advent of the computer. Just compare doing multiplications on paper to doing it with a spreadsheet. So the point is that even though you produce much more wealth through labor nowadays thanks to computers, the daily routine of the average worker hasn't changed, 9 to 5 it was and 9 to 5 it still is.

[@vsr3777]

@@user-bm4yf6td7d Three decades back, what an engineer could achieve in an 8 hour shift, takes only 8 minutes to do with today's computers, however the engineer still need to be at the work place for 8 hours. Similarly, after some years, what today's computer does in 8 minutes, could be done by AI systems in 8 seconds, still those who utilize these in their profession, would need to spend as many hours at work, as they do now. Improvements and innovations in technology is not decreasing the total efforts what humans need to put in life. It is not increasing anyone's leisure time. All gains go to performing more complex tasks in shorter time frames, and more such tasks.

[@ReimuTukishiro]

When an industry focus on announcing eye-catching gimmicks rather than trying to solve the long-standing, fundamental problems(like instability and hallucination) of the technologies itself, you know this is a total scam.

[@omegahaxors3306]

This is true of all computer dev. If something is a buggy mess and they just keep announcing new features, it's because the project has no intentions of ever releasing.

[@chrismay2298]

Exactly. Look at the world using Microsoft OS when it's more broken every update... LOL

[@nateb.1276]

wow, incredible take! no one ever thought of that!

[@Jonas-Seiler]

because those are fundamentally unsolvable

[@humbleindian6303]

In a US university a PhD scholar submitted her university PhD thesis , after a month she was fined and lost her degree for plagiarism, She had used Chat-GPT to write her thesis

[@nyx211]

I worked with a company offering AI-powered coding services. While their AI models worked well 85%-90% of the time, it still wasn't good enough on its own. The models would hallucinate small, but important details that made the code unable to compile or unsafe to run. This meant that *all* of the code had to be manually reviewed, edited, or rewritten. It wouldn't surprise me if some executive decided to replace all of their developers with AI, realized that he screwed up, and then rehired people to do most of the work they were doing before under the guise of "supervising the AI".

[@dk109k2dask9]

I think the point is that you can replace 5 juniors software engineers with 1 senior software engineer

[@paulmichaelfreedman8334]

AI is not ready yet to replace humans where it comes down to language and rational/logical reasoning. Even GPT-5 may not cut it, as it remains an input-output system.

[@TheManinBlack9054]

What company? What software? Any data to back that up?

[@horseradish843]

@@dk109k2dask9 I very much doubt that. LLMs struggle with basic logic. Often the error they make, render the code completely useless since its just the wrong approach.

[@willie1genesis714]

@@dk109k2dask9 short term it works however, not having fail safes makes that 1 senior position dangerous due to... 1. being overworked, creating more opportunities to overlook mistakes/make them. 2. consolidation of all that work makes replacements harder to come by, meaning if someone quit for higher wages the replacement will most likely be worse due to starting salary being lower, and needing to learn everything. .... It honestly feels like AI in the long run if used for corporate gains only will be a mechanism of enshittification of the cogitive experince of work... and if left for long enough people will forgot what good service was... and accept.

[@ChristopherAbelman]

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

[@beafoster747]

Microstrategy CEO bought $155million worth of bitcoin, so yes BUY! It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.

[@PennyBergeron-os4ch]

well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced manager for proper strategy.

[@FinnBraylon]

Yes, my manager spread my assets further into mutual funds and crypto Etf and boy am I glad. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having a manager very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.

[@HildaBennet]

could you recommend some good advisers? don’t get me wrong, I already have an asset manager, but he seems not to know much about crypto.

[@FinnBraylon]

Just google Sonya Lee Mitchell and do your own research. She has portfolio management down to a science

[@cbaesemanai]

I am a programmer and I have fully embraced using AI technology the moment it was available. Working inside of these tech companies I can comfortably say that AI is not the reason for tech layoffs. In fact the majority of the companies I work for will not even allow the use of it within the company. The bubble may be making companies more comfortable greatly cutting staff in the promise that they don't need those workers but its not reality. Most of it is being driven by market uncertaintay due to insanely high interest rates to curb inflation. Its a sledge hammer that kills the entire tech industry.

[@Saliferous]

It's also the end of the pandemic, so people aren't spending as much time with tech products while not working. And the VC funding bubble popping due to higher rates.

[@sirus312]

Thank you for sharing, I think AI is the scapegoat so no one panics about a slow down coming

[@far-red]

for me, i used to work with developers and at times interns, to develop features that company needs, we plan and get dev or intern to develop lately, what i need, i need to plan, write a prompt, or multiple prompt, make very minor finetune, and ai (chat gpt 3) does the code. its not perfect, hence the multiple prompts, but it gets done fast and with intern, sometimes after 2 week either they cant do it, or its done but not exactly what i want or i just hear technical BS how its not possible.. it scary, but its the reality

[@stefanoparlatore7141]

Interest rates are ok, they were insanely low before.

[@trichomaxxx]

I'm also a programmer and that's exactly what I see. I'd also like to add that it doesn't replace a junior dev, I use ChatGPT-4 daily and at most it replaces google search but it's often wrong and I have to resort to google because it makes up bs.

[@laurencevanhelsuwe3052]

The older one becomes, the more it seems that most big business involves lying, manipulation.. even fraud.

[@lukethompson5558]

Yup

[@Garryck-1]

Congratulations.. you're starting to catch on!

[@rohitandley]

That's the game if you want success. Otherwise its best to remain silent

[@vulpes122]

yep, capitalism is mostly about exporting the work to 3rd world countries that pay less and then using psychology to trick people into buying an overpriced product that they very likely dont need in the 1st world.

[@user-wn2pv5qb5p]

you don’t need to get old to realize this

[@4RILDIGITAL]

Fascinating look at the struggles and deceptive practices around AI implementation. It is disappointing to see how some companies opt for shortcuts and hype to misinform public and investors. We need more transparency and ethical practices in the tech industry.

[@rajeshranjan3199]

You are an AI.

[@newagain9964]

Bruh. Did u use ChatGPT to make this comment?? 😂

[@newagain9964]

Bruh. U used chat gpt to make this comment. 🤣. It’s a nothing burger.

[@Jonas-Seiler]

they must rely on shortcuts because the technology simply can't support their use cases on it's own

[@user-lh3rx3kh3x]

there was a little tiny slip of the tongue moment in this video and I'm so glad you kept it in the final cut. it's such a comfort to have little human touches like that while listening to discussion about something as cold and emotionally removed as current ai thanks for another great video!

[@swagatpatra2139]

What was the slip?

[@binkwillans5138]

Yes, wonderful slip, the funniest and most thought-provoking slip I've heard in 20 years. Please don't tell anyone what it was, let people discover for themselves (if they can).

[@HughJass-jv2lt]

😂😂

[@masudsaleh5155]

​@@swagatpatra2139😅😅😅

[@Sick_Pencil]

@@binkwillans5138 now I can't sleep at night until I find it

[@sturmeko]

The biggest sign we are in a bubble is experts saying we are not in the bubble.

[@Tubeytime]

I don't know if that's how it actually works but you got my upvote

[@VivekChandra007]

Yes, same thing happened during Dot Com rise also.

[@vito7pt]

​Too much leverage from cheap money. ​@@Tubeytime

[@KevanMajere33]

So, building on your argument Sturmeko, what is the scenario that we are not in a bubble?

[@kmhkennedy]

@@KevanMajere33when the experts say we are in a bubble, then we’re in a cube.

[@creato938]

Honestly AI is the biggest "Fake until you make it" i've seen in a good while, it's sad but it's the current gold rush.

[@coreym162]

No! It depends on the industry and use case. Sadly, there aren't very many practical A.I use cases. It's mostly akin to a very sophisticated toy. However, a toy that can be very lucrative with integrity, sustainability and judgment. It's really mostly lip service with already establish corporations that gives it worth rather than the A.I alone.

[@daporter8790]

@coreym162 'AI AI AI AI AI .... ' : the sound of wall Street

[@creato938]

@@daporter8790 After i saw an "AI Rice cooker" i gave up.

[@john.carlson23]

Wow. That was the best and most concise description of this snake oil garbage I have seen.

[@Landgraf43]

​@@coreym162 there are actually many good use cases. Summarizing, search, coding, material science, protein folding, developement of medicine and so on.

[@tai31415]

I feel like a huge part of AI development that is missed in this video is how the models are largely trained on stolen work. I don't mean in the way that workers are paid to do work for companies, I mean usage of copywrited content without the consent of the copywrite holder. You can get chat GPT to spit out lyrics of various songs using key words, and phrases from various websites. The only reason it is viable for these companies is due to all the work of others they are taking, and hoping they can displace them fast enough before regulations and fines catch up to what has happened. If they actually paid for the work they are taking, it wouldn't be even remotely profitable to run these systems (not that they currently are profitable in most cases). In my mind, that's what makes this a bubble. It isn't just the hype, it is that they are flagrantly breaking existing law to the point that they should be fined into non-existance in most cases.

[@Noelciaaa]

Yes, precisely this. It's profitable because law tends to lag behind tech. It's plain stealing.

[@oompalumpus699]

I lost faith in the AI revolution when the NFT/Crypto bros started moving in.

[@thomaskahl7670]

You went to school? You‘ve learnt from books?

[@nono99136]

That's not a case they'll win. Any person can use the Internet to view publicly available web pages and learn from them. Surely an algorithm / AI has the same freedom.

[@Jonas-Seiler]

well here's to hoping for the nytimes case

[@oompalumpus699]

In my country, there are literally freelancer jobs where you identify text in an image and put it in a document. I looked into the company paying for these freelancers and they market their service as 'AI-powered' image to text conversion.

[@neon9165]

Thats an image annotator job, It'S the same thing the "Amazon check out ai is just 1000 indians" is based on, It IS Training an AI / ML Model, You are Annotating Images for their MAchine learning algorithm so it can Eventually do it solely by itself, reliably. GPT 4 by openai was annotated by thousands of kenyans but the company they used now shut down because OpenAI can now use GPT 4 to annotate things for GPT 5 after reaching the performance threshold of a "low skilled worker"

[@SimonsRandomRants]

Wow. Hmm privacy issues?

[@humbleindian6303]

In a US university a PhD scholar submitted her university PhD thesis , after a month she was fined and lost her degree for plagiarism, She had used Chat-GPT to write her thesis

[@jeremywest3786]

isn't that data classification for training AI models? AI needs to be trained off of verified data. People need to say "this is a cat" thousands of times for an AI to recognise what a cat is. Although identifying text is a bit of a rudimentary task at this time

[@Koombs]

I think it's important the customer service chat bots swear when appropriate.

[@WeeWeeJumbo]

i would love it if an AI helper heard my complaint and said ‘godDAMN that’s terrible lol’

[@whannabi]

"Anyway, I'm kinda busy rn so take your complaint somewhere else alright?"​@@WeeWeeJumbo

[@Makes_me_wonder]

That's a joke, right?

[@user-im8gv6eh2y]

Incidentally, Amazon operates a crowdsourcing platform called Amazon Mechanical Turk.

[@tomaitoe]

The jokes write themselves...

[@StallionStudios1234]

LOLZ

[@noa670]

I thought the same thing about Amazon, kinda sketchy

[@roe_]

I thought this was a joke but it's actually real.

[@pvshka]

@@roe_ lmao same

[@princonsuella_]

I'm 43 years old. I lived in a world with and without the internet. I'm not going to lie, I worry a LOT about how things will be when I'm actually really old. Scary times.

[@Brato1986]

Yeah, i also livet before internet, and remember the start of internet, it was wild and fun .

[@princonsuella_]

@@Brato1986 remember? We had so much hope for the future! We thought people would be more tolerant because they would be able to look for information, education would be great, etc... We were promised flying cars and we've got this mess...

[@JasonNaas]

@@princonsuella_ I'm still waiting on my jet pack.

[@coenraadloubser5768]

What do you mean? Everything is objectively better, people are living longer, we have better tech, and we'll be able to live in space!!!!! Seek and you shall find, seek garbage find garbage, seek excellence find excellence.

[@princonsuella_]

@@coenraadloubser5768 Sure, but that doesn't reach the MAJORITY of people on Earth. We have many enhancements and still terrible salaries, education, health and others. All this advancement and most people are still struggling. In the grand scheme of the world, few people are benefiting from all that.Lots of people are surrounded by garbage, with no perspective at all. You're talking as someone who has options. Many don't.

[@timtim2500]

❤Over the years, I think I'v fallen in love with that soothing warm voiceover at the beginning saying: *You are watching ColdFusion TV* ... then the same voice, saying: *Cold Fusion, its new thinking* at the end! ❤

[@chri5wyd367]

So Amazon just took local jobs and outsourced them under the guise of "AI/Progress." Shocker.

[@Playground77777]

Exactly

[@omegahaxors3306]

The only thing real about AI is how it's been used to fuck over the working class.

[@davidbatista1183]

Never heard of 😉

[@RedOak30]

As someone who works customer service for a tech company, I'm planning on going back to school in 2026 to get a new degree. I've already survived one round of layoffs, but I don't anticipate surviving many more. Our leadership has promised profusely that AI won't replace us, but they're already trialing it on some of our tickets. One of my close friends is on the team that's testing it, and he's horrified because he knows he's helping train the machine that will eventually replace him. But that's the project he was handed so he doesn't have a choice. All of my siblings are very into tech and the future of tech. They remain purposefully oblivious to why I'm so scared. There's the chance that the bubble pops and it's all hype and dies away. But I doubt it. Companies smell a savings. And they don't really care who or what they destroy in the process.

[@Iron-Bridge]

True. Corporate leadership only looks out for the balance sheet. Never trust them to look out for your well being. People need to look out for themselves.

[@randomtinypotatocried]

@@Iron-BridgeThe shareholders also need to see that growth no matter the cost

[@A2B_Music]

Smart to anticipate. Jobs being replaced by "machines" isn't new. Not that long ago a farm had tens or hundreds of employees. Now they can run them alone or just a few people.

[@bedazzledmisery6969]

Go get a degree in managing AI dude. :) boom. Always gonna be needed. 😊

[@mafiousbj]

That's why the handyman coming to repair a leak makes as much as a software engineer lately 😂

[@jacobnoble8778]

Thank you for this! I have been watching Coldfusion TV for a while now. The amount of research you put into your pieces is really astounding. Obviously the mechanical Turk was an embarrassment to some really powerful people, yet there you go showing picture after picture of it be used against them! Also loved how well you explained the term “AI washing”. Great job.

[@johanlarsson9805]

Before 2022? I feel old... I was using LSTM neural networks back in 2016 since that is what was THE THING to use and what replaced my general reccurent network models. I read the "Attention is all you need" paper when it published but never really used it activly. Before that I made my own frameworks for ANNs in C++ with genetic algorithms back in 2010. What got me started was a neural net image classifier winning a competition in 2009-2010 where they classified handwritten digits from the MNIST dataset. The graphics that was made in a video about it here on youtube regarding how the net "sees" these numbers was amazing and changed my life. I knew I had to know more about and have loved ANNs and AI since.

[@ethanquenum4778]

Deep learning is overrated to be honest. It's just a pile of obscure models that can hardly be deciphered.

[@alex90271]

Such a great video, AI is such a marketing buzzword these days for anything where the computer seems to "think" for itself

[@KamilOwnz]

"AI" is a marketing buzzword indicating that the company is paying to use OpenAI's technology in some capacity.

[@tsheposeeletso6475]

I hate it so much

[@jensenraylight8011]

I think AI will end up the same like Blockchain, Web3, NFT, and all other dead project. here the thing, AI is Unpredictable and Uncertain, because they often give you a false information, you'll be forced to Triple check each Results. it end up becoming way slower than if you just google it yourself. things like booking Appointment, buying ticket, and Checking schedule, AI often gives you the wrong information. also if you generate 10 times, 7 out of 10 they'll give you a different answer, and i bet you'll stop trusting AI, and it's only as useful as a Party trick like Siri and this will build a sense of Distrust amongst users, where instead of taking Risk of being wrong or end up in embarrassing situation, they would rather do it themself and not using any AI App. like do you feel comfortable to book Hotel, rent a car, or buy a new Iphone using AI alone? Then business will also stop using AI before they do a Major mistake, Marketing Blunder, Lawsuit caused by AI. even right now, there are already ton of Self driving car accident caused by AI, AI is more dangerous than a Traditional programmed Algorithm

[@jensenraylight8011]

I think AI will end up the same like Blockchain, Web3, NFT, and all other dead project. here the thing, AI is Unpredictable and Uncertain, because they often give you a false information, you'll be forced to Triple check each Results. it end up becoming way slower than if you just google it yourself. things like booking Appointment, buying ticket, and Checking schedule, AI often gives you the wrong information. also if you generate 10 times, 7 out of 10 they'll give you a different answer, and i bet you'll stop trusting AI, and it's only as useful as a Party trick like Siri and this will build a sense of Distrust amongst users

[@me0101001000]

AI in itself isn't even that big of a deal. It's been around since the 60s. AI is just a slightly fancier linear algebra algorithm, at the end of the day.

[@Amidreamingnow]

You forgot to mention what Google did with the Bard Gemini AI chat , people thought that the AI was talking in real time because it sounded so casual and natural , but it was a lie, they manually prompted the responses and added them , their excuse was " We wanted to show how the tech will look like in the futue " 😂😂😂

[@MrRahulKumarKandula]

WHAT!!!!..Who the hell did i chat all my feelings with.

[@awwwkwaarder5287]

@@MrRahulKumarKandula You're chatting with the a.i. It would cost a nonsensical amount of money for people to do it

[@ClearVista]

I say an advert of either Twitter or Reddit yesterday by Samsung stating that their new vacuum cleaner, not an automated one like a Roomba but a handheld one, used AI. It's a handheld vacuum cleaner.

[@TheRelaxingRide]

I'm old enough to remember when Transputers, Robots, and Expert Systems were the tech darlings pre-public-internet.

[@TheMe9595]

It’s almost like how 4-5 years ago every single company was investigating how to use blockchain. It’s just the latest buzzword that everyone wants to be a part of even if they don’t really have a way of actually using it.

[@ExplosiveBalls-cv8hg]

omg yes I remember a clip from some reality TV show where they follow some rich young socialites and they were talking about setting up blockchain for their businesses over dinner and look where we are now...

[@ziggs123]

Block chain didn't cut 30% of tech jobs did it?

[@PXAbstraction]

​@@ziggs123Neither has AI yet. That's just the excuse large companies are using to justify layoffs they're really making because of high interest rates and a coming recession showing how most of them don't have viable business models.

[@whatisrokosbasilisk80]

@@PXAbstraction I mean, they aren't, they're just saying its a shit market to retain excess talent and we need a cull in the ranks.

[@whatisrokosbasilisk80]

A blockchain is a highly specific tool that resolves a very particular problem. AI systems will become better and better simulants of human cognition eventually supplanting the need for them - that day isn't today nor even years from now, but it is coming in the next 30 years and the fact that it will happen in our lifetime should tell you how you should position yourself.

[@BrianMartensOfficial]

I think the largest hurdle for AI is going to be reliability, especially if it is going to be integrated into engineering / healthcare. I don't want to constantly have to baby-sit, fact-check, and correct output from these models. If I'm going to be paying a subscription fee that's more expensive than Netflix/Disney+/etc (for my work, not leisure), then I'm going to want these models to not just write correct and efficient code, but secure code as well. Without more reliability, A.I. will always be a tool for people who don't know what they're doing, which is fine if you're a hobbyist, but not if you're a professional.

[@TheSeppentoni]

Don't worry. Some overworked folks in a Data Center in Mumbai will review the output beforehand

[@jean-marcducommun8185]

Exactly the point I'm bringing up as I have the impression that AI is good when it doesn't need to be precise. I tested it with a simple question (how many times further away is the sun compared to the moon from earth) and it came up with the wrong result. But it tends to work when there is some leeway like language, pictures etc. Bottom line: It's painful to trust a system when you know that from time to time is gives erroneous answers.

[@toututu2993]

Well spoken. AI has been praised for 30 plus years now despite it still being bad when industries are trying too hard to make it replace humans in every activities

[@rmirabelle]

I would argue the opposite point. Due to hallucination, Large Language Models (not all of AI) will continue to require human supervision. But you need experts to discern hallucination, not "people who don't know what they're doing". So for the time being, LLMs are most useful for professionals.

[@kingofhearts3185]

The question is if double checking it is faster than doing it yourself. Those are the use cases, few as they are.

[@reggiebenes2916]

I plan on "Block Chaining" my "A.I." in order to "Disrupt" the industry with "Agile" "Dev Ops". This will create "Synergy" with my "Cloud" services until I can "Pivot" my "Digital Transformation" to an "Internet of Things" model so that I have the "Bandwidth" for the "Bleeding Edge" of "Disruptive Technologies".

[@rayecast]

But can it "bridge" to "smart contracts?"

[@soundmindbodydivine]

Dude you'll be a trillionaire in no time! Can I buy some of your stock?

[@duancoviero9759]

Damn bro, you could put that old WeWork CEO out of a job! All you need is a turtleneck and cool hair and you got it 👍🏾

[@Saliferous]

Don't forget Software as a service.

[@jul8803]

Bullshit Bingo Bonanza!

[@j.jarvis7460]

news be like "AI is the future! AI in reality "sorry I can't do that for you I'm only a chat bot"

[@rayecast]

Remember that next time the "news" tries to tell you anything at all

[@pyotrilyichtchaikovskyii6638]

_Sorry, I can't answer that question, I'm not a biologist._

[@LazarusStr]

This was an AWESOME conversation. I appreciate you and your team for educating me about AI. A lot of what you said provided food for thought. This is a conversation that all of us should be having. Let’s be honest, corporations/company’s (different industries and in tech) don’t have a great track record for ONLY creating positivity for consumers or their work force (e.g. Enron, DuPont, Goldman Sachs, Boeing, etc.). So hearing CEOs were not being fully transparent was NO SURPRISE (NDAs are a thing, right? 😂😂). Continuing to educate ourselves about the subject and being real about what humans are capable of (Good, Bad, and Evil) is one way to not be taken by surprise. Keep your ears to the ground in your company and have your own side hustle, because no one is immune to a pink slip 📝 ❤

[@braineaterzombie3981]

Same things. I see many companies labelling something ai when its just some basic python function.

[@rayecast]

Lots of them are also just wrappers for chatgpt, which I find hilarious.

[@JJ-zr6fu]

Yeah an algorithm that changes from feedback is now AI

[@wwjjss33]

I think the real takeaway is how awesome & productive 1,000 Indians can be! In all fairness, Amazon should argue that “AI” actual stood for “All Indians” 😂

[@buckbreaker5185]

Kek

[@SteveNaranjo]

😂😂

[@A1stardan]

That's what they'll say if taken to court😂

[@cristibaluta]

I think the 'all indians' where checking that the AI works. It seems to me that one store would have spent less money on few cashiers.

[@imharshmalik]

More like Anonymous Indians 😂

[@WistrelChianti]

REALLY REALLY Good video! I don't think AI is causing layoffs as yet... at least not in terms of the most recent progress in generative AI over the last 2 years but I think we might be seeing more subtle efficiencies brought about by process/job analysis and software solutions to simply get stuff done better. A classic one (which is actually AI) would be the call center AI's that take your name and account number. Likely these get your details up on the screen of the agent when you speak to them, likely cutting a minute of say an average 8min conversation. This means something like a 13% efficiency in call throughput for agents available, meaning it's possible to cut 13% of staff from that section. This is a fairly extreme example though. I genuinely think most of it will be around simply the adoption of tech for efficiencies rather than AI.

[@AaAa-je5eo]

The song at the end had me thinking "eesh, not sure why Cold Fusion would stick this on the end" then I read the it was made by AI and everything makes sense. Those music making AI's that are being used recently feel like they will be even more impactful in general life/pop culture than anything visual AI created. They hit differently, interesting to see what the next CF video has to say about those.

[@Jonas-Seiler]

kinda doubt they'll even be able to outperform stock music

[@GhostofTradition]

Mark Cuban saying we aren't in a bubble is the biggest indicator that we Are in a bubble 😂

[@kalef1234]

Yeah lol. There would be AI IPOs left and right if interest rates were low, that's why they aren't. Existing, large companies are definitely hyping it up

[@Daniel_WR_Hart]

So really he could say anything and it would indicate that we're in a bubble?

[@venkateshtelu7815]

I didn't really get it. What actually happens if this bubble pops? Can someone please explain

[@Daniel_WR_Hart]

​@@venkateshtelu7815 A bubble is when the value of something is speculated to be much higher than it should be, and this happens because people are valuing a thing for how much more they think other people are willing to pay for it in the future. People don't understand that the value of their stocks are not simply StockQuantity X MarketValue, and they don't realize that behind the market price, there are many orders placed for stocks to buy below market value and to sell above market value. People mass selling their shares at the market price causes the highest buy orders to be filled automatically, so when too many shares are traded too quickly, the market price will drop. If it drops too quickly, people will notice and either panic sell or "buy the dip", but if overall sentiment is that they would prefer to get out now to either pay off loans or play it safe, the price plummets and the people that "bought the dip" end up "holding the bag" i.e. they overpaid for something people don't value anymore. tl;dr The market price is an equilibrium determined by buyers and sellers, and when too many people speculate on the value to be very high, this inevitably leads to a mass selloff and price drop because you will always have wealthy investors that understand that the bubble can't go on forever, and some big investors took out large loans to invest that they need to pay back.

[@sirus312]

lol

[@sarahbrown6493]

What’s incredible to me is that every company AI service I have encountered so far have been the most frustrating unhelpful tools ever. They don’t know what you want and they can’t problem solve at all. There’s no humanity there and personally I find myself getting much angrier when there’s no person on the other end bc I can cuss it out with no consequences. And then when you do make it to an actual employee they have no training and can’t help you either. I don’t think AI is the future. It takes too many resources we already have too few of. The tech industry has one of the most corrupt and morally bankrupt work cultures I’ve seen. It takes a lot of background infrastructure to make these systems work and truly I don’t know how much longer until the whole system collapses in on itself.

[@rayecast]

That's because the technology you're being sold doesn't at all do what the media hype is trying to convince you that it's capable of doing. It's not some magical thing where you ask it a question and it pulls an answer for you out of its "database of knowledge." Seriously, just look up how this tech works and you'll come to the same conclusion that it's "just a more sophisticated version of autocorrect."

[@muresandani]

As a developer I can assure you AI has 0 to do with industry layoffs. Most people don't use it, it hasn't changed the way we work dramatically, it's literally being used as an improved version of an IDEs autocomplete function. Neat, but not revolutionary. The reason behind the layoffs is much simpler and less interesting: high interest rates. Economic growth in the past 15 years has been driven solely by low interest rates. Now that rates are up, dramatically so in most countries, companies are forced to cut spending to service their debts and prepare for further economic turmoil.

[@nathanhaynes2856]

Precisely. And most of those hires weren't necessary in the first place, literally fodder for DEI.

[@mrj774]

This 👍👍

[@Effigy1999]

This… you win for the best comment. So true

[@mskelly330]

Finally someone who sees the light. The video made some good points, but with such a cop-out stupid conclusion. AI is absolutely not the reason for all these recent layoffs.

[@GiantsOnTheHorizon]

I think AI layoffs have more to do with Musk laying off 75% of the Twitter staff and other companies realizing they have thousands of unproductive workers in their ranks.

[@Mr.Rogers91]

I worked for a company that claimed they leveraged AI powered system. It was just a room of people there was legit no AI. I went on to work for the same guys at a new tech company and they were doing the same thing except this time they laid off my dept and claimed the AI was doing it now lol

[@timcasady4750]

Your job was offshored to India, Philippines or some other region where labor and benefits are much lower

[@Mr.Rogers91]

@timcasady4750 unfortunately I know. It was Phillipines they started working before we were laid off. It was a crappy situation and I saw it coming but rode it out.

[@iscifion7122]

Profit speaks.

[@TheGamehorn]

My favorite is when the marketing people get involved and decide that anything that has been programmed or run by an algorithm is now AI since it follows computer logic, which is somehow more real than outsourcing to a hidden group from a 3rd world country

[@StallionStudios1234]

I wonder if they can use it for processing Guar Gum. That is used in a lot of foods as a thickening agent. It is used in ice cream and other foods that you consume. It is also used in fracking to get the sand and other proppants down the well bore into where it needs to be. Interesting stuff!

[@4thdealers]

I went to a Google event last week, and Gemini gave this as a response 'Nike is the sponsor of Real Madrid'. There was a spanish guy in the room who almost choked to death laughing.

[@MarvinPowell1]

I don't get it...

[@_KnuXles]

@@MarvinPowell1 they've worn Adidas since the 90s and as far as I'm aware have never had a kit made by Nike. Their rivals Barcalona have the Nike deal

[@Kevin-cy2dr]

​@@MarvinPowell1Real Madrid is a football team (aka soccer in usa) in the Spanish league,which is sponsored by Adidas not Nike.

[@TheSeppentoni]

@@MarvinPowell1 The AI mistook Madrid for Barcelona. In Spain, this is heresy of the highest order.

[@hydoffdhagaweyne1037]

@@MarvinPowell1 wtf dude? you didn't get the joke, must be an American 😂

[@liberty-matrix]

In an economic system where profit is the top priority I can’t see this ending well given we have multiple companies doing their utmost to be the “AI winner” with little to no oversight is quite frankly terrifying

[@jinh817]

My job is rolling out AI, but the outpost has to be manually reviewed and the AI will have to be constantly updated anytime time there’s a change (we have changes all the time). The older leadership teams just get so excited about AI not understanding all the manual work required. Maybe it will get better, but it’s not ready at the moment.

[@Hiroprotagonist253]

Anyone involved in integrating this stuff within a business realises how few use cases there really are. A lot of the big productivity gains through things like code generation are already realised and from working with that I can tell you competent devs are going to have a lot of work in the future cleaning up the mess this leaves behind.

[@carlpanzram7081]

Its amazing that there are any use cases. Any minute of manpower saved is a gigantic accomplishment. I feel like people have been wrongfully conditioned to expect insane breakthroughts. This technology will improve incrementally, like everything else. Its inching up toward human-level ability, and every small progress is a mindboggling miracle.

[@Hiroprotagonist253]

@@carlpanzram7081 I agree. Its still mind blowing to me to be able to “talk to” a computer using natural language and I wouldnt downplay the technology at all. It is the companies producing the technology that are creating these expectations though.

[@darkstepik]

@@Hiroprotagonist253 thats just to lure investors and hype the hype

[@julius43461]

Yeah I tried hard integrating it but it's rarely helpful. I find it very useful to come up with excel formulas.

[@whannabi]

​@@darkstepikit's gonna crash soon

[@tonywilson4713]

*FANTASTIC TO FINALLY SEE PEOPLE CALLING THIS HYPE OUT.* I'm an aerospace engineer (by degree) who works in industrial control systems and the staggering amount of nonsense I hear on AI is ridiculous. In the early 1990s I had neural nets and how they actually functioned explained by an electrical engineer who'd worked on them while at University. The origins of neural nets goes back to the 1950s BEFORE the emergence of digital computers. The first generation neural nets were fundamentally analog computing devices set up for complex calculations. The YT channel Veratasium did a good video on what analog computers are, why they were used in the past and why they have potential applications again today. AI (as we know it) is basically digital versions of analog computers and being digital they can be scaled up to immense complexity in a reliable and repeatable way. The most important thing that I see people misunderstanding is that these AI systems DO NOT THINK, but instead they CALCULATE ANSWERS to very complex statistical math. We see this most often when the search box on YT or Google starts giving possible questions as we start typing. Its *CALCULATING* the most likely search to what you are typing. I BLAME the promoters and media pundits for this misconception.

[@qazmko22]

Agreed... but firing all these people probably has even less to do with AI... I'm no economist but all these companies sales and revenues have slowed. THAT is the likely culprit, these massive companies are thinking scale and employee pay is a large cost for running a business. As for AI, I don't think it will replace any jobs (even programing jobs), these jobs will always be TOO specific for them to be replaced by a computer.

[@spark5558]

​@@qazmko22Also what the real economy is doing and what the bs money print part os doing are 2 different things

[@thomasschlitzer7541]

@@qazmko22proof your claim. All quarterly reports state otherwise. Shrinking sales and revenues? Where? Maybe at your grocery store but for sure not on the stock market (Q4/23 and Q1/24). That’s just a false claim.

[@jimipet]

They do think. Unless you are in the philosophy school of dualism, then the human thinking is nothing more than calculating asnwers to very complex statistical math as defined by the complex structure of our brain. There is a reason they are called "Neural" networks.

[@zaidlacksalastname4905]

You really like CAPS LOCK

[@JoseCampos-ls4vh]

Been following along that better part of the decade! THX a lot Dagogo!

[@Mageroeth]

This has been my feeling from the start i work in tech and i found zero use cases outside of writing python scripts i had no need of.

[@sapphiron21]

I still remember just a few years back when everybody was all crazy about "cloud computing"

[@oompalumpus699]

I just watched a documentary here on YT about clockwork automata. Even back then, the inventors claimed their machines could think like a human. For example, a clockwork chess player automata. Turns out, there was a guy under the table operating it. Also, people back then called each other NPCs. That is, an insult for a person who is more machine instead of human.

[@k.h.6991]

Cloud computing is real. But it is not much more than moving code onto managed servers.

[@dtsh4451]

Do you know how many moving their applications back to premises these days😂?

[@MiguelSandoval-md8qh]

How many ??? ​@@dtsh4451

[@robrider838]

@@k.h.6991 never used paas then?

[@fishfish8879]

“Just because something isn't a lie does not mean that it isn't deceptive. A liar knows that he is a liar, but one who speaks mere portions of truth in order to deceive is a craftsman of destruction.” ― Criss Jami

[@whannabi]

It's just lies by omission

[@robolizard222]

⁠@@whannabi is right. Sounds like this philosopher has never heard of a “lie of omission” before. There’s lying through commission, which is the typical lie (committing an untruth) and then lying through omission which obviously is disregarding details to sell a narrative.

[@ILikeADoDaChaCha7]

Aka sales people

[@chloefletcher9612]

Glad to see you make this - there's far too much "AI hype" going on, and the media remains predictably happy to parrot corporate press releases and marketing, without review. Tech hype cycles just keep repeating and getting bigger and bigger.

[@humbleindian6303]

In a US university a PhD scholar submitted her university PhD thesis , after a month she was fined and lost her degree for plagiarism, She had used Chat-GPT to write her thesis

[@j.j.9511]

When I found out that Amazon A.I. store was a lie & just 3rd world tech support watching through cameras I was the least shocked person on earth.

[@artsmith103]

Living in a place that would never have one, I thought it was real for a limited market that would never scale much. I like the true version better.

[@iscifion7122]

3rd world tech support!? More like labelling data for ML. They were probably data scientists or engineers. Most of LLM still need human intervention for proper learning. None of so called AI is completely autonomous, they're made to learn on large amount of data under human supervision and still can make huge amount of mistakes.

[@TheManinBlack9054]

Humans were used as a back up system, not as a system.

[@Fezzy976]

@@iscifion7122 Damn, someone here with an actual brain. You are spot on!

[@vandelay_industries]

@@TheManinBlack9054 70% intervention rate my guy. After what, 4-5 years of operation. Only ever in intent were humans not the system.

[@gustavludwig9719]

so AI stands for “All Indians”，huh？😅

[@waynevanrensburg8037]

Only two comments? 😂Best comment I’ve seen

[@SimonsRandomRants]

Man this comment deserves a few thousand more likes

[@jasonhaven7170]

@@SimonsRandomRants You know the youtuber is Black?

[@prithvirajmahamulkar2831]

😂😂😂

[@SchwaAlien]

The black-box nature of AI makes it worse than closed source software in that nobody can truly comprehend how the model really works, leaving a huge potential for errors especially when it encounters novel inputs. We should still be treating it as a hobby grade technology interest like 3D printing or fpv drone racing but because the powers that ought not to be want to exploit this particular technology to subjugate us, it’s being heavily underwritten and hyped. Machine learning still struggles to drive cars, a fairly specific task compared to what humans accomplish in general… Leaving anything to AI at this point is definitely premature and will eventually expose points of failure. At best it’s ready to be shadowing humans and being evaluated and trained, that’s the smarter approach.

[@runatrix]

nah it'l be iterating endlessly and self testing it's code until it begins developing reliably, then that's when thinks will go a bit crazy

[@ethanquenum4778]

The black-box issue concerns deep learning algorithms for the most part. Standard statistical algorithms such as linear regression, K-means, Decision Trees, Logistic regression are interpretable.

[@sirstephen1985]

IMO, I believe people are overlooking is that the closed source models most people use, GPT3.5, GPT4, Claude, Gemini, etc. were all “nerfed” recently. If you dig into the recent history, the average API costs per token has gone down. Less compute is being required to generate a response in order to stay competitive and attempt to turn a profit. Less compute typically correlates to less useful responses. Enshitification, just like everything else. Your inquiries are also being diluted by all of the safety guardrails put in place as well. No one wants to be liable. When GPT4 was released its responses were quite good in comparison to what they are now. Don’t get me wrong, it was still very limited but I’ve found it very useful in some remedial and tedious tasks. You need to understand what the model’s strengths are in order to make it useful and the layman won’t put in that much effort. It’s not going to replace a senior engineer in its current state but it has some potential in the near future. We just can’t let it fall into the wrong hands.

[@stereo-soulsoundsystem5070]

It was BUILT by the wrong hands

[@guitarsoundsaround]

Your point is valid. I personally have found no reason to use any of them yet, other than to fool around and make cool art - which I still have not done. 😂 (No offence to Elon but the GROK answers are so diluted with responses - attempting to be funny, that it isn’t funny. I need an answer, not a comedy book of answers. It’s all useful, until it isn’t. None of these programs have won me over, yet :)

[@chrismay2298]

Whichever "we" you're part of, has no hands to hold it. The "Wrong hands" are who started the whole mess and control the direction it takes.

[@karenpojar2514]

"Instead of using junior devs or interns, use a neural net that requires thousands of video cards." - CEO of a video card company "Our cars will be completely self driving in two years" - CEO of an AI car company, every year for the past 15 years. In reality, current neural nets are just a fancy search engine paired with a randomizer pulling pieces from its training data.

[@martinhjelmeland4445]

Speaking of false advertisement; robot taxi, hyperloop, solar roof tiles, bricks, thermonuclear resistant glass, and so on .. It baffles me how some apparently are totally resistant to it...

[@bentucker2301]

Pizza shops on mars etc

[@lolatmyage]

solar roads ...

[@lury719]

Thunderfoot!

[@tHebUm18]

Bricks!? I'm insulted on behalf of Half as Interesting, the premier brick-related YT channel.

[@magnateze]

Got it, bricks don't exist

[@realestalex2728]

I remember listening to an earnings call where the CEO proudly stated: "we are now using generative AI to predict inventory levels". You are asking a chatbot how many boxes of Kleenex to buy for the quarter, also machine learning has been used for inventory management for a looong time now, nothing wrong with being late but don't try to use it as a marketing gimmick to prompt up your stock price.

[@yzerman123]

Thank you for reminding everyone that AI was NOT created in November 2022 when ChatGPT was released.

[@AvastarBin]

the layoff come mainly from the very high number of hires in the previous 5 years. 0% interest rates made it dirt cheap to hire anybody for any R&D project. Now that interest rates increased, those companies fired the non-essential workers in 2022 and 2023. And now, they also stopped a few R&D (or moonshot) projects to focus on money making projects resulting in more layoffs. AI has nothing to do with that. Even more, those big companies hired a lot of people to work on AI related projects because that could result in so much revenue. Also, if you've ever used those AI language models to code or to do anything other than basic stuff, you'll realise that it cannot replace even part of the jobs of evn junior employes

[@syloui]

Don't forget the forgivable PPP loans that most companies took out to buttress uncertainty were actually used to over invest on the expectation of further loans, those have likely dried up by now

[@catserver8577]

Anyone who worked in manufacturing during the "downsizing" years can spot the hole in the plot is actually the tech firms are recording massive profits because they are laying off highly paid human workers en masse. At a time when profits are not presentable to stock holders, this is a typical quick fix to make it look profitable. Hiring back workers for half the salary keeps the ball rolling just fast enough to make it look promising. And of course all profits continue to buoy the CEOs.

[@jamessullenriot]

I think you are mostly correct, but as far as coding goes, you can replace a small percentage. For example, you would need less junior devs to do the basic tasks. Which is actually a bad thing long term unless AI completely takes over. It's bad because jr devs need to come in and do the trivial tasks to learn.

[@charvakpatel962]

Agreed in my company also most layoffs are from divisions that were dreamed up in 2010s and now are not viable enough like AR and Gaming. They haven't even done a single layoff in money-making divisions, by little but they are even hiring.

[@huveja9799]

Most of those big companies are overstaffed with mostly useless people, for an example the case of X ..

[@drmarik06]

It could be more impressive if funeral homes implemented this "just walk out" service!

[@JakeAdkinsOfficial]

It's in Beta. It went through human trials at the tomb of Lazarus. Still waiting for the full release.

[@Marqan]

Do you want a zombie apocalypse? Because that's how you get a zombie apocalypse!

[@ylstorage7085]

Hey, What bout dis we implement this "just walk it off" healthcare system. Fully Ehh and Aye

[@blackmcbain3145]

"Self -burial" checkout services 😆

[@paulolaniyi7875]

Dark Humor 😂😂😂

[@millax-ev6yz]

Yus! Awesome video! I always look forward to your stuff! How do you make such informative and graphically rich videos? I'd ask AI....but...

[@cootified]

Well done mate! Brilliant! You have a kanck of forming a view that is quintessentially Aussie. Love ya work, keep it up.

[@dragonfalcon8474]

Whatever happened to Google's "Don't be evil" mantra?

[@UhCold]

Money

[@TetrzLesonduclairon-qb7cn]

99% of peoples are evil non vegans

[@MarvinPowell1]

They were always evil; they just stopped being in denial.

[@francis_n]

Or stopped trying to convince us

[@autohmae]

That's gone since October 2015

[@mounirhafsa6193]

Makes you wonder what 'innovation' really means anymore.

[@autohmae]

Well, the biggest innovator is actually: the government. They fund the research in R&D and the corporations try to do the D part to make it into products. While trying to pay as little taxes as possible.

[@mafiousbj]

Elon Musk trying to re-invent the train making it more expensive and complicated (hyper loop) for minimal or no gains at all in speed or service and efficency and just backing it up with tons of hype. Basically that's modern innovation by tech bros 😂

[@corvus8638]

It means charging you a monthly subscription for rubbish

[@vsr3777]

@@mafiousbj Making highly complex, expensive and difficult to scale or replicate technologies whose net effect and net impact is insignificant, is not an innovation at all. Such techs and companies are basically modern day scammers.

[@ethanquenum4778]

@@mafiousbj Elon Musk in African. Not surprised.

[@ra7878]

Great video! I had a similar suspicion regarding the rational for current tech layoffs…

[@norcatch]

In the late 19th and early 20th century, there were a lot of products riding the wave of this new fangled electricity thingy. My personal favorite is «electric underpants»

[@TheJimmyCartel]

To be fair. That comment from 2021 is completely right. Absolutely none of these AI's "think" or actually try to emulate the human thought.

[@CK47CD]

+1

[@ethanquenum4778]

What is a thought ?

[@jack.h99]

According to Amazon AI stands for Actually Indians

[@tehcheezman7471]

😂 ☠️

[@jasonhaven7170]

@@tehcheezman7471 You know the youtuber is Black?

[@adeshwarmuruganathana36]

The wallpaper is misleading! I thought Sathya Nadella was arrested related to some AI stuff😂

[@dopermine2020]

Any company using Ai or chat bot for their business.people should boycott those products.... 1)insist on talking to people rather than bots... 2)cancel your order and mention the reason 3)boycott Ai generated ads or movie. Starting now or it will be too late.....people please add on suggestions ,we can balance between Ai and our work.

[@willteasel6099]

I have first hand experience with a company that I was trying to contact a representative as when I called it connected me to their AI representative Emily after repeating my request over and over I waited until a real rep could help me which wasn’t much better at this call was directed to a call center in the Philippines and because the reps English was not good they redirected me to another rep which was in Africa and once again the reps English was poor so this time I stated I would only speck to someone based in the U.S. - The picture if perfectly clear these companies are looking for the lowest cost to handle business and when AI fails they transfer you to countries with lower labor costs so the layoffs are only about profit

[@TheManinBlack9054]

Well, at least back in the day companies actually cared about the customer experience and their workers and not just profits.

[@DarkGob]

If you're going to criticize a non-native speaker's ability to speak English, you should at least figure out how to use punctuation.

[@hullstar242]

@@TheManinBlack9054when was that? Big Companies have never cared about customer experience unless it affected profits in my nearly 30 years of life.

[@jeffrey1025]

@@DarkGob He's not criticizing the non natives English speakers ability to speak English. He is criticizing a system that forces him to have to work with non native speakers, who in turn provide a worse service because they are non native. If you're going to feel the need to white knight and defend people you don't know, you should at least figure out how to understand the argument at hand.

[@NirvanaFan5000]

Thank you! Everyone talks about AI as if it'll replace 100% of every task, while others point out that it can't. But like you said, it doesn't need to do everything, just enough that downsizing is possible. E.g. a team of 3 instead of 10... and of course, AI will continue to work toward 100% of everything, but it doesn't have to get there before it starts causing havoc.

[@jan.tichavsky]

The havoc will start when we get cheaply manufactured humanoid robots that can repair and build each other. Before that it will be contained in a virtual world, not interesting for the average person. But it won't stay there long.

[@johnchedsey1306]

I've played around mostly with the AI chat generators, image generators and lately the song generators. The only way I can put it is in Music Snob terms: I like underground bands like Nomeansno, Minutemen, etc These AI generators spit out Nickelback and Michael Bolton Underwhelmed doesn't even begin to describe my impression. That said, I know these tools will improve over time and hopefully some will look at my creative work and assist in ways that are specific to it and no one else's.

[@theMosen]

Great video! Nice to see a channel as large as this one talk turkey

[@automan1223]

This has happened with several companies when IT services Cognizant replaced established professionals with cheap 8$ labor. After destroying many businesses companies asked for their old workers back.

[@laurentdrozin812]

What concerns me most is who will control AI, where the profit will land, and how the power in the workplace will shift. My fear is that the concentration of all the power and all the money will accelerate exponentially, so a handful of people who do not answer to anybody and who are more powerful than states, will control everything. We are already halfway there.

[@johndoe5432]

Bingo, when they talk about how much AI will increase productivity one has to ask, okay but for who? Do a cabal of billionaires really want to make your daily life easier & more productive? Or do they want something good enough to slash thousands of jobs and add to their treasure trove through the savings? I think the answer is fairly obvious.

[@corvus8638]

We’ve been there for a while

[@awwwkwaarder5287]

Do not fear my child. We're already there

[@remka2000]

Funny that Amazon actually DOES (or did?) have a service called Mechanical Turk. Which is human powered (and yes, very low paid). In a big (like one of the top five biggest) IT company we used to say: - "AI" is for the general public - "machine learning" is for investors - "statistics" is actually to hire people who know how to code it (same company ended up firing 10% of its worforce because investors were scared of its potential lateness in "AI"...) A big difference with the "first wave" of automation in the 19th century is that this time it WILL affect white collars too : doctors, lawyers, architects etc. Also creative jobs : why AI is not replacing dangerous, uninspiring jobgs but the most creative ones (composer, cg artit etc.) is beyond me.

[@CarlizWang]

The biggest selling point for Samsung Galaxy S24 is AI, a few months later all those new features came to my S23 Ultra with software updates. I'm a huge Galaxy fan and have owned many of the top tier phones, but this bulls*t about AI making S24 series stand out is even too much for me to stomach.

[@jonathanchester5916]

Most of what marketing people call AI, I call computing. There are no thinking machines out there, least of all at your local call center lol.

[@georgebeierberkeley]

I really appreciate the original thinking on this channel. I work in tech -- the layoffs are huge. "We over-hired" can't be the only reason. I think the author is right -- CEO's lie about the real purpose to not discourage workers, then they lay them all off because of AI and lie about it. Still, change is inevitable -- we don't use abacuses anymore either.

[@swaggery]

It would have nothing to do with workers. It would be a great way to be instantly boycotted by the public if it was possible and have lawmakers breathing down your neck. Plus, if one company does it their stock price goes up. If they all do it, all their stock prices go down. It's not yet currently sustainable to have so many layoffs with no new emerging fields of work to absorb the loss. If too many people loss their job there are no more customers anymore.

[@AW-np3ts]

Probable CEOs are using AI bots for decisions. These AI bots are giving results like, you have to downsize your team 3 people can handle the work of 10.😁

[@corvus8638]

They need to lay off workers to maintain or increase the CEO salary

[@marceldiezasch6192]

Check pre-pandemic staff numbers of tech companies, it's an overdue correction. I don't know any dev struggling to find work either.

[@swaggery]

@@marceldiezasch6192 All I read online is how nobody junior can get a job. The mid-level sounds tough too. It sounds if you are senior, have connections, and match the tech desired tech stack you'll do okay. Personally I'm mid, but technical stack I know is limited since I only worked at one place. I had very few screening calls over months. In 2019 as a new grad it was minimum 3 per week.

[@studium-]

You'll have to start wondering, if people are being laid off, how will they be able to afford the products that are being produced. It depends on the scale of AI automation, of course, but there is a shearing point at some intersection down the line

[@enduringwave87]

That bot which started to cuss at the Customer when inquired about his package delivery demonstrates that the Algorithms/Machines/Neural Networks are beginning to actually feel like humans since a low paid Customer Service Agent working for a giant conglomerate or an abusive employer can become frustrated and lose it all if he decides to quit his job or get fired so he will begin cussing around at anyone whosoever comes in his way, be it an employee, a customer or his employer.

[@jamesc9168]

I was stuck on a codewars problem. I had solved it and passed all tests except it would timeout... ie. my solution wasn't fast enough on large datasets. I gave my code to Copilot, explained the problem, and it proceeded to give me wrong answers 6 prompts in a row and none even passed the basic tests. Then on my 7th attempt it gave me back the exact example that I had given in the first prompt. Ultimately, it didn't solve the problem. I have seen it do some amazing things but not this time.

[@deadlock_problem]

There probably just wasn't a good example to steal from github or some other source.

[@MrWillypanda88]

I don't really care about AI advancement... But if you look at the literature industry, translation jobs, writing jobs, we're basically operating on human-obsolete level here. During the pandemic, where works are scarce and we were all tightening our belts, the companies just decided that the AI writers are "good enough" to replace us all. Jobs in literature are often labors of love, so we often work even though we were paid pittance, especially if you're living in "non-western" side of the world. Now we got replaced with "AI".

[@cepheus3d]

The AI replacement of writing rubs me the wrong way because knowledge of words and language have been the cornerstone of mankind, from information to entertainment. It's a shame how undervalued the human mind is with writing by big companies. So many stories powered technological progress and inspired us to move forward.

[@Dave102693]

Gamergate type weebs really loves this

[@privacyvalued4134]

Well, when people are writing text-speak in text messages and emails instead of complete sentences with correct punctuation, it's not surprising that replacement of humans is going on at a massive scale in those sectors. When humans are writing gibberish worse than an LLM generator, then it makes sense to replace them. Translation engines are still absolute trash though. There's nothing like running something through Google Translate to see how bad it does. You can get the basic gist of what someone is saying but there's a lot to be desired.

[@autohmae]

@@privacyvalued4134 Look up: DeepL that's pretty darn good though. If DeepL actually used Deep Learning, I don't know.

[@MrWillypanda88]

@@privacyvalued4134Which people though? Don't get me wrong, I agree, there are a lot of people with inept basic writing or reading skill, it doesn't actually mean we should nuke the industry trying to replace everyone with AI. The reality is literature-related job were already low paying job, why do we need to kill it as well?

[@Tisisrealnow]

honestly using 'powered by ai' sounds more like a catch than a benefit. Like i wouldnt trust a random algorithm to do important calculations or anything important, rather than a human team who actually understand and efficiently make what theyre supposed to do

[@NerdRapper]

I was scared AI would take my job. However so far it has only helped make my work easier and faster leading to me enjoying my job more and has increased my revenue. It’s hard to say what the future will bring though.

[@kazuha6365]

What do you work as?

[@NerdRapper]

@@kazuha6365 I am a full time professional photographer.