Companies win again?!

GundamG

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use AI to replace staff to profit even more

use AI as a reason to recruit interns instead of full time staff to give them experience (aka cheap labours)

so now no more full time staff? only interns and AI????

Circular Flow of Income, a core model in macroeconomics that demonstrates how money, goods, and services move continuously between different sectors of an economy. If consumers (households) are removed from this loop, the entire economic cycle instantly collapses.
 
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AndroidComa

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this is why countries that are very old they raise taxes to very high
cos new developments will make jobs redundant... and ppl will be displaced from jobs...
if not handled well in another 5 years all grab drivers all nowhere to work see how high our taxes will be just to support the entire economy
 

Ubi-Warrior

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use AI to replace staff to profit even more

use AI as a reason to recruit interns instead of full time staff to give them experience (aka cheap labours)

so now no more full time staff? only interns and AI????

AI is free?
 

Enola88

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We built the machines to serve us.
We never imagined we would have to compete with them for our place in the world.

First, machines help humans.
Then, machines replace humans.
Eventually, humans may have to fight to remain in control.
 

NintendoSwitch

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use AI to replace staff to profit even more

use AI as a reason to recruit interns instead of full time staff to give them experience (aka cheap labours)

so now no more full time staff? only interns and AI????
The ultimate aim is just the boss with his AI in the near future. His AI agent will then manage a host of AI agents to run his corporation.
 

wwenze

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We built the machines to serve us.
We never imagined we would have to compete with them for our place in the world.

First, machines help humans.
Then, machines replace humans.
Eventually, humans may have to fight to remain in control.
We built guns

Then government says only they can have guns
 

jkohlc2

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that's like asking whether companies will reduce price because of reduced cost from automation

what's wrong with increasing margin and collecting more money?

lky would be proud
 

iammole

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We built the machines to serve us.
We never imagined we would have to compete with them for our place in the world.
First, machines help humans.
Then, machines replace humans.
Eventually, humans may have to fight to remain in control.

if u stand in worker's POV, machine is always to replace them.

if u stand in boss's POV, machine is always to serve them.
 

GundamG

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if the number of people with spending power reduce, do the elites expect the AI robots to spend on their products to earn profit?

is a economics cycle. once one item is removed from the cycle, the economics will collapse.

Circular Flow of Income, a core model in macroeconomics that demonstrates how money, goods, and services move continuously between different sectors of an economy. If consumers (households) are removed from this loop, the entire economic cycle instantly collapses.
 

miko66

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use AI to replace staff to profit even more

use AI as a reason to recruit interns instead of full time staff to give them experience (aka cheap labours)

so now no more full time staff? only interns and AI????

Looking forward to seeing more public servants jobs being replaced by ai

Most are redundant especially those in customer services
 

GundamG

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Looking forward to seeing more public servants jobs being replaced by ai

Most are redundant especially those in customer services
likely they are the last. cos the ministars need minions to run the show and help them during election
 

coyote

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use AI to replace staff to profit even more

use AI as a reason to recruit interns instead of full time staff to give them experience (aka cheap labours)

so now no more full time staff? only interns and AI????

Circular Flow of Income, a core model in macroeconomics that demonstrates how money, goods, and services move continuously between different sectors of an economy. If consumers (households) are removed from this loop, the entire economic cycle instantly collapses.

Interns where got experience to share with AI? Don't bluff people lah.
 

GundamG

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Interns where got experience to share with AI? Don't bluff people lah.
not intern give AI experience. is companies recruit interns to give interns experience (based on what companies say). but actually is cheap labours
 

Corba2001

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Huh? Sounds so lucrative and easy?!?!

Arbo TS go start company and be CEO, everything also use AI!!

Rags to riches in a blink of an eye!!

MTL!!

🤡🤡🤡🤡🤡🤡
 

AndroidComa

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We built the machines to serve us.
We never imagined we would have to compete with them for our place in the world.

First, machines help humans.
Then, machines replace humans.
Eventually, humans may have to fight to remain in control.
same for every generation tbh
the person who created the phone was still relying on written letters and pigeons to deliver them
the person creating internet was still using fax machines
it is the way things are...
the displaced workers will be disgruntled and cos of democracy, will be pushing to vote the government representative out, until they are given enough to live out their balance life...

Chinese sayings are really golden standards sometimes but u need to take things into totality when applying them...
today if u interview LKY to seek his approval on drones and tiktok advertising, he might also not make the best decisions...

so dun take 不听老人言吃亏在眼前 too seriously
i would say, 谨听老人言,终身未向前
 

GundamG

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What has that gotta do with AI?

in the news, they say becos of AI, employment is hard for young graduates. so they use this as an excuse to create more internships for young graduates in the name of helping them due to AI creating less jobs. so they dun recruit them as full time staff but interns
 
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