Oso planning to go pro
The characterization that the left "raises fuel prices to push pawns to buy into green energy" is such nihlistic Stockholm syndrome, its a real bummer for anyone younger than say, 50. It takes so much subsidizing, white knuckling, and soul-selling to cling to fossil fuels and keep them affordable vs shifting even some of that effort into developing renewable energy that only people who truly spite the young too much to want to make things better could fall for it.
It just goes back to the fundamental issue with all of this. How does green energy win? By becoming cheaper, if not on par, with fossil fuels. This is done through technical innovation and transformative R&D.Its not going to happen through punitive measures against fossil fuel usage or shaming people. Because whats done in the US and Europe, no matter how effective, will just get undone elsewhere in the developing world until the aforementioned happens.
If we remove subsidies on fossil fuels, how do the costs stack up vs renewables?
Similarly, and not surprisingly, my friends in tech are all terrified of the short- and long-term ramifications of AI on their job/career prospects. Quite the shoe-on-the-other-foot situation where tech is coming for THIER jobs.
My wife has worked in big Pharma for the past 5-6 years and there are similarities to tech in regard to people moving around to higher paying jobs. Since the middle of last year my wife has seen a good number of her co-workers laid off and few jumping to new jobs. According to her, the hiring and poaching of people has slowed down a great deal. She had recruiters contacting her on a weekly basis for the past few years and she said that is down well over 50%.IMO, it is largely due to companies being over staffed with high paying jobs and it is an easy target for cost cutting. While Sultan may believe I am a doomsday guy, I think the reality of things is that companies will do whatever is needed to hit profit numbers. I get it completely, but never understood the over staffing part of things.
I think its a huge issue for "low" level coding/programming in the short term. But I still think AI is the big bogeyman that people are freaking out over absent actual reasoning/usage, much like "blockchain" over the last few years.There are absolutely usages and its gonna be a sea change for any number of places, notably in tech. But I see more and more "using AI" as a buzzword without actually using AI.
So far this month: Microsoft announced 1,900 cuts in its video game division, including at its recently acquired Activision Blizzard; Google laid off hundreds of employees, including in its engineering ranks and its hardware division; and Amazon said it was laying off hundreds, including 35 percent of the work force at its Twitch unit.
So they're laying off 2% of their workforce. And it's January, you know the month after a big holiday that requires a lot of deliveries that are no longer required. 12,000 out of 536,000. Meh ....
UPS layin' off 12,000 employees. Oh and da economy iz just hummin' along purfectlee. Huh? Bullchit, aina?
I think you are correct re blockchain in terms of being a buzzword, when saying you were a blockchain company added multiples to your valuation. And now every single company is being asked about their AI strategy.But while blockchain is a useful technology, I think the similarity ends there in terms of impact. AI, while really just sophisticated programming, is already having much wider spread impacts. Coding, copy editing, call centers, all of them are already being impacted. I think the breadth of impact will be quite amazing.Thinking hopefully, I believe AI has the potential to improve our wildly expensive and inefficient healthcare system, amongst other things.
Typical post by you.Why don't you give us a list (it would be a long one) of new jobs created? I'm sure you would have posted about buggy makers who lost their jobs with the invention of the automobile - ignoring the new jobs created.
Keep denying and defending anything the BOTUS spits out. The truth hurts, hey?#economyisnotfine
Sucks for those being laid off, but I suspect even you're smart enough to recognize that layoffs at one company are not reflective of the labor market as a whole.Said labor market added 216,000 jobs last month.https://www.bls.gov/news.release/pdf/empsit.pdf