Here is how it has gone down for a few companies I have visibillity on:
- Investors with enough stock to have influence demand the company use AI and cut staff
- remaining ataff struggles to fit AI into their now bloated workload
- quality slips and stumbles. a few employees are able to make the transition and cause huge AI bills while attempting to cover the workload
- everyone gets upset and nothing gets done well
It looks like investors who have also invested in AI are trying to push its use and it is stumbling all over the place. If a company cant adapt it is basically stripped for parts and sold off to companies that are handling it better.
I guess this proves that the execs are clueless about AI.
You’d think the cocaine-snorting classes would understand that only the first hit’s free.
CEO “What, you screwed me over, too? Me?!?”
“We’re supposed to fuck everyone over together!!”
- Build up reliance on AI, which looks really cheap
- You can now replace employees with AI so fire away!
- You are now completely dependent on AI and a handful of employees
- AI company sees they have you and start jacking up rates. If you could afford paying for people before then you have the $ to pay high rates.
- Company now wonders why costs are back to where they were before and the AI isn’t working out as expected.
It’s particularly funny because I’m pretty sure AI companies are still selling the service below cost to try to retain market share (and drive small competitors out of business). They just aren’t taking quite as big a loss on every token with the increased prices.
Pretty much the model for so many internet services or streaming services.
Yeah it’s basically the enshitification model
With the quirk that the service was shit to begin with.
Maybe but it’s like crack for CEOs
It’s just newsworthy when it happens to companies.
- They see people have gone to new companies thatre private unionized and value customers/employees/etc replacing them as they had done with their employees
- The company asks for them to come back to be laughed at as the people watch for them to slowly sink and be replaced with many better alternatives to take their place
- That is happening right now and we all can make it happen faster
It’s such a perfect grift
And if we had strong labour relationships, we’d make them fucking pay for having attempted to destroy our lives for profit.
We are ruled by privileged idiots.
Should post this under \leopardsatemyface
Someone should remind those soggy, arrogant execs that down here in the developer trenches we survived web services, software as a service, outsourcing, and off-shoring. We’re still here after all that and we’ll still be here after AI.
Can’t wait for this AI shit to crash and burn itself to dust!!
I thought billionaires liked giving money to their billionaire friends? What’s the issue?
/s
And the media will keep on shamelessly calling them “job creators”.
Hopefully some day the average voter will see through that shit.
Nearly one-third of corporate executives are dumber than an box of rocks.
4/5 actually, if statistics are anything to go by. The remaining 20% are just slightly above median stupidity, with a vanishingly small sliver actually approaching competent.
That makes it pretty clear that most executives are the worst possible people to run a company. Well, that’s just how it is when ruthlessness and greed are the only criteria used to select top executives.
But hey, even if they were to lose their jobs because they’re burning through so much money, things will go on as usual: Anyone who’s ever held a top management position will always be hired for the same role somewhere else, because competence is definitely not the deciding factor here. Never was, never will be.
At this rate the leopards are going to have to start going on a restricted diet. Maybe the panthers are hungry too though.
I mean exactly what you think I mean.
