Amazon to announce largest layoffs in company history - 30,000 staffers across its corporate workforce.

[lifeisinforashock]

Govt's duty to ensure ppl r employed so tat $$$ flows to all sectors of economy. Nw the situation is the $$$ is stuck at companies so expect other sectors to kena as well.

 

[Orionz]

Govt's duty to ensure ppl r employed so tat $$$ flows to all sectors of economy. Nw the situation is the $$$ is stuck at companies so expect other sectors to kena as well.

tt rule dont really apply in SG becos gahment ish biggest investor and landlord
to hell with the employees. landlords n towkay wansui

 

[darkelf]

Why not just cut until left with C suite?

Or replace ceo with ai? Just decision making only

 

[leonaheidern]

Why not just cut until left with C suite?
Or replace ceo with ai? Just decision making only

ya supposedly AI thinks better than a human because of the huge knowledge base.

since there are no emotions involved it will be logical decisions only.


Read HWZ Forum Rules!

 

[ralliart_ray]

all $$$ spend in CAPEX to buy GPUs liao

 

[byfun]

Good. Our public service probably have an equally large number that can be redundant by the technologies.

To the end !

But then sg gov is spore largest employer... as usual maybe will slowly replace by a low number every year so sinkies dont notice just like transport hike or whatever hike... gradually increase every year so sinkie can adjust and get use to it.

Slow boiling the frog is a very effective method in SG. Proven to work .

 

[jokerpoker81]

funny thing is more AI use, more jobs will be lost as more tasks / projects are deemed repetitive or routine when AI learns it faster and better. rough ride ahead next few yrs! especially when trump thinking to go for more than 2 terms !!!

 

[simon_84]

Everytime big tech layoff workers, their stock rise.

Cause reduce operating expenses on the balance sheet like one time divestment.

 

[Hello_Kitty]

but on the other hand, new condo still sold out and stocks markets still going up and up.

 

[d3n]

but on the other hand, new condo still sold out and stocks markets still going up and up.

then u see many bankrupts later... cannot pay loan and sell also stuck.

 

[Mechafanboy]

AI is far better at processing text and emails than coding, but people think AI can code well already instead of just spitting out refactored old examples from Stack Overflow.

Everyone thinks AI can do whatever the other guy does, not whatever they themselves are doing lol. Accountants say AI can't replace them, coders too, and now also corporate people say AI can't replace them.

All the subject matter experts in their own field say AI can't do it, but somehow they say everyone else can be replaced lol. Actually I think AI replaced the market for artists to make Ghibli portraits and the job of people to summarise text, both which contain tiny amounts of jobs la

Current AI / LLM just recognises patterns and rearranges tokens in accordance with its pattern recognition.

It doesn't have the capacity to understand things, that's why it is terrible at running operations; operations requires a ton of problem solving and the answers to these operational problems cannot be found on the web, let alone train the model...

 

[JAson1980]

the profits gonna go through the roof for amazon.

 

[wwenze]

so sg kena or not??

Amazon got hire sinkies or not?

 

[3G SAINT]

then u see many bankrupts later... cannot pay loan and sell also stuck.

Some are hdb upgrade to condo,likely sell hdb then buy condo...unless lose job then got problem pay loan...

 

[d3n]

Some are hdb upgrade to condo,likely sell hdb then buy condo...unless lose job then got problem pay loan...

yes, all kena smoke by property agents telling them sibei huat to buy condo

even managed to sell also have to rent house for next 15 mths.

 

[DragonFire]

No worries. Just do dirty job

When asked for his advice on facing the world today that is full of job displacements, Nobel Prize-winning computer scientist Geoffrey Hinton – known to many as the "Godfather of AI" – said in a podcast in June: "Train to be a plumber."

Blue-collar jobs gain appeal as AI disrupts office work, but it's not the easy way out you think it is - CNA https://share.google/4sM6Xrym22wiUWFO2

In Singapore it isn’t so simple due to mentorship requirements.

You need to be hired by a bona fide plumber to complete your training.

 

[trento]

In Singapore it isn’t so simple due to mentorship requirements.

You need to be hired by a bona fide plumber to complete your training.

Got many other dirty tough jobs besides plumber

 

[DragonFire]

Got many other dirty tough jobs besides plumber

The lucrative ones (plumbing, electrical, heavy machinery) all have otj training requirements

 

[trento]

The lucrative ones (plumbing, electrical, heavy machinery) all have otj training requirements

Yes so ppl will take up such roles in the future, as tough as it is

 

[homer123]

This is classic