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Microsoft and Alphabet results show Wall Street only cares about AI
(www.marketwatch.com)
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this post was submitted on 27 Oct 2023
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I haven't used this, but think about all narrators losing their jobs because so can do it with the click of a button. https://customers.microsoft.com/en-AU/story/1646266241611394912-project-gutenberg-nonprofit-azure-synapse-analytics-azure-ai-services
That's a lot of people not on the payroll anymore. No health insurance costs, no vacations. Just using the software.
Think of a lot of analytics jobs that ai can replace. You ever spend a day or two making a spreadsheet do whatever you need it to? That's probably a lot of people's jobs. AI can make those people more efficient (as long as a human checks it later), so companies can fire most of the team. That's a lot more people off the payroll.
And there are companies working on general ai. That will replace.... So many jobs.