Companies win again?!

huanggua

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AI cannot perform all tasks. Humans will still be required. We need to adapt or reinvent ourselves in order to remain relevant.
 

GundamG

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If AI really results in high unemployment around the world, I forsee a lot of bloodshed needed to reset the world economy. Look at France and Milan now. Imagine when AI results in massive unemployment. The current protests in those countries is just a rehearsel of things to come.

yes just waiting for our turn unless we do something about it.
 

Pearce

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No. Am saying this from experience. I am a chief executive of an MNC.
Ok, I thought I will follow you since you have tried paid AI.

Even though you haven’t used a paid AI service, the versions of AI available to ordinary users are different from the systems that AI companies use internally.

There have already been news reports about AI systems operating autonomously and attempting to hack other companies’ systems. As ordinary users, we may not know how advanced AI has become internally compared to the versions we have access to, especially when compared with the AI systems being developed and tested by engineers at these companies.
 

Pearce

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haha no lah. we are just saying this can be used as an excuse. news wont publish such stuff.
Actually the news I shared above or previous page (in China), they used AI to do employees work.

A boss will always be looking at profit and cost, while employees look at how much salary they can get and promotion.

They hardly meet eye-to-eye
 

huanggua

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Ok, I thought I will follow you since you have tried paid AI.

Even though you haven’t used a paid AI service, the versions of AI available to ordinary users are different from the systems that AI companies use internally.

There have already been news reports about AI systems operating autonomously and attempting to hack other companies’ systems. As ordinary users, we may not know how advanced AI has become internally compared to the versions we have access to, especially when compared with the AI systems being developed and tested by engineers at these companies.
Understand how powerful AI is as I am working in a technology company. But I cannot see AI as complete replacement for humans.
 

Chips4zoo

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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.
it's like how human built AI and now AI replace human. not gonna lie that AI does make our life easier but at the same time, it start taking over our job.
 

byfun

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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
gst and higher corporate tax.. then issue more vouchers for u to survive. Good enough for many sinkies who dont wanna work can lie flat watch drama and play games at home. Can jiak cai png good enough for many. 😂
 

Pearce

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Understand how powerful AI is as I am working in a technology company. But I cannot see AI as complete replacement for humans.
Perhaps it depends where we live.

I just saw this video



Like in China, all are using cashless payment while Singapore still use cash as payment (Saw a video from a China man said Singapore still old school, still use cash as payment).

Employees from other countries also facing such issue - https://www.channelnewsasia.com/com...ion-tech-companies-layoff-meta-amazon-5996221

While you mentioned you cannot see AI as complete replacement for humans, it can be such incident hasn't arrived to Singapore yet, where it could come later or it does not happen to your industry but other industries?
 

weng0202

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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.
Any country which allows this to happen deserves the collapse that will come with the loss of jobs.
 

huanggua

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Perhaps it depends where we live.

I just saw this video



Like in China, all are using cashless payment while Singapore still use cash as payment (Saw a video from a China man said Singapore still old school, still use cash as payment).

Employees from other countries also facing such issue - https://www.channelnewsasia.com/com...ion-tech-companies-layoff-meta-amazon-5996221

While you mentioned you cannot see AI as complete replacement for humans, it can be such incident hasn't arrived to Singapore yet, where it could come later or it does not happen to your industry but other industries?

The job she was doing requires only soft skills. Hence, she became redundant.
 

Visor9999

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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.
Machines will replace humans eventually completely, it’s just a matter of time. Only way humans can remain in control is to leave the planet
 
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