“It was just a way for them to sound smart and I really hate that,” the CEO argued.
Aww, poor lil’ fella, tried to juice his stock by selling AI as the second coming, and now he’s mad that other CEO’s are trying to juice their stock by trying to sell AI as the second coming.
Yeah, start telling them the truth. They were fired due to C-suite greed.
You mean lie to the workers? Hmmm…has that ever been tried?
“The narrative that connects AI to job loss, for many of the CEOs that are doing it — it is just too lazy,” Huang told Channel News Asia. “AI has just arrived, how is it possible they’re already losing jobs?”
Why are these guys so dumb, how did they get into positions of power? I think mostly just by being willing to stand up in front of a crowd and camera? AI hasn’t just arrived, it’s been improved over the last couple of years, and has become much more capable recently.
It’s not necessarily that they’re dumb, it’s that they think others are dumb enough to believe any old crap they say.
I genuinely think they’re dumb, they have no sense of the fact that their greed and gatekeeping will bring about a serious shift in society. They should be trying to create new job opportunities and programs for people to innovate, yet we’re gridlocked in a shit late-stage capitalist society where we can’t actually do anything because of weird zoning laws and regulations.
They don’t care they have vacation homes on every continent, they really won’t give a shit when the us descends into chaos. They already dont give a shit when a town of 10,000 in california gets their water shut off.
Good, let them go to their vacation homes wherever and let us take back control of our shit.
Good luck with that lol
So, lie more?
Whoa. Nobody said that. Just stop paying them and let them figure out they’ve been let go instead of telling them. Less aggressive, more passive aggressive.
This guy is an abslout lying cunt, and always will be, same guy who’s running a 5.2 trillion dollar company and was worried about their profits cause people are questioning their wretched AI schemes
Where I work the leadership 100% tels people if they dont spend tokens they get canned. Theres dashboards and everything. I hate it but appreciate not being lied to, at least.
My company leadership said the same to us.
I really dislike this dude more every day.
I think they stopped telling workers anything a while back. They have LLMs for that. Exec messages have always been full of corporate lingo, canned legal language and artificial energy, so to be fair they have always been prime use cases for LLMs, but at least before you could still catch hints of their personality or a glimpse of humanity sometimes. Now that’s all gone. They have become at least 10x more efficient with layoffs though.
“How is it possible that AI became productive and useful only six months ago, and they were somehow laying people off two years ago because of AI?” he added. “It doesn’t make any sense.”
This is very telling. Jensen is pulling this “6 months” figure completely out of his ass here, but the reason why he wants that number to be true is because it moves the goalposts. If AI hasn’t actually, really, been here for even a single fiscal year then it explains away everything. Suddenly the fact that it’s made zero impact on productivity, that no one is making any profit on it, all of that becomes justified. “It’s still early.” You’ll recall that this was the narrative around crypto too. Every time anyone criticized anything about it a herd of sheep would bleat “It’s still early” even over a decade into the technology existing.
Investors are starting to ask serious questions about when these tools are actually going to start delivering greater productivity to their companies. Managers are starting to get the screws put to them about why their budgets are ballooning to cover subscription and token costs with nothing to show for it. Jensen can’t have that, because AI is the whole reason why his company is on top of the world, so he’s trying to reset the clock.
For the record, there’s absolutely no evidence to suggest that AI has ever become productive and useful, but that wouldn’t fit Jensen’s narrative either. So instead he has to invent a world where AI is totally productive, 100% useful, just trust me! When did that happen? Oh, just now. That’s, um… Yeah, that’s why you didn’t notice. It just happened, right before you walked in.
If AI hasn’t actually, really, been here for even a single fiscal year then it explains away everything. Suddenly the fact that it’s made zero impact on productivity, that no one is making any profit on it, all of that becomes justified. “It’s still early.”
I think you’ve nailed it.
I clearly remember 2023 being the year where AI and ChatGPT hit the mainstream. Looking back, nvidia’s stock price had already doubled in the first half of 2023.
Crypto and AI could have been a good thing. The politicians, criminals and free-loaders ruined it.
Transformer model AI has atrocious unit economics. The only way it really works is in some kind of post-scarcity environment where we simply don’t care how much it costs to run.
Crypto only solves problems it creates, or creates new problems out of the ones it solves. It’s a horrendously complicated way of wasting compute power to ultimately achieve nothing.
Monero is a good form of crypto, it’s ACIS resistant so it doesn’t require a big server to mine them. It’s also really good for anonymous transactions.
Transformers aren’t supposed to be used for big problems that require too much data. But there’s use cases for them.
Does he not want them to tell them the truth?
Nvidia CEO Begs Execs to Stop Telling Workers They’re Fired Because of AI, it’s hurting Nvidia’s stock price.
ha, even if it was true - which isn’t - that would never hurt the stock, the stock market is soulless
Honestly I find this darkly hilarious. The circlejerk is becoming more and more obvious. I’m going to be surprised if the bubble doesn’t pop within the next 6 months or so - definitely before the end of the year.
All it took for this to happen was:
- skyrocketing energy prices
- skyrocketing hardware prices
- skyrocketing water usage
- the effective priceout of PC/homelab enthusiasts and hobbyists which will probably destroy much of the community, and thus most of the consumer-oriented hardware manufacturers
- turning the US economy into a house of cards
- sharply accelerated enshitification of all major search engines (in the interest of pushing people to use LLM bullshit for no good reason, when a perfectly suitable and deterministic alternative already existed and was deployed at scale everywhere)
- flagrantly ignoring licensing and usage terms for basically any and all open source software projects hosted anywhere on the internet
- the hollowing out of software engineering as a discipline, the collapse of the hiring prospects of fresh grads/juniors because “ai can do that”, and the creation of a generational gap in staffing across huge swathes of the tech industry writ large
- the (even more) accelerated enshitification of social media as it becomes a series of gigantic LLM bot farms talking to each other
- we can go on
What a time to be alive.
Jensen can suck my Huang.
But that’s the only reason they even care about AI.
