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Comment Why not continuous reporting? (Score 3, Interesting) 66

Annual, semi-annual and quarterly all come from an era of accountants working on paper or spreadsheets. No modern company does that anymore, they use sophisticated accounting software that can run the numbers a hundred different ways in a couple of clicks. Thereâ(TM)s no reason a module couldnâ(TM)t upload the financials every day to the SEC to be shared with investors. This would also remove the juice the quarterly numbers thinking. Too much work and too low an impact on a daily basis. It would also bring some sunshine to all sorts of financial shenanigans. Sure part of the report is text with how the executives feel about the business or what risks they identify. That could be semi-annual.

Comment Junk "science" at its worst. (Score 4, Insightful) 56

Paid "research" by a company that would benefit from the result? Check.

Questionable self selection of data sources ("We focus only on conversations in the United States to align with occupation and work activity information from O*NET.", "Note that Copilot-Thumbs may not be representative of overall task success, as some types of users may be more likely to provide feedback, or some types of tasks may be more likely to elicit feedback from users.")? Check.

Oversimplification? Whoo boy, they are killing it on this one. An economist is described as "Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.", which is simplified to "Forecast economic, political, or social trends.", which is simplified to "Analyze market or industry conditions.", which is simplified to "Analyze market or industry conditions." Check.

Using the thing being studied in the study ("we use a GPT-4o-based LLM classification pipeline to identify all intermediate work activities (IWAs)"? Where's Kramer? Why don't you just tell me the name of the movie you would like to see? Check.

Conclusions that defy basic logic. "Passenger Attendants" scores high on can be done by AI. Flight Attendants who bring you drinks and evacuate you in an emergency are going to be replaced by AI? Or maybe redcaps, the AI is going to carry your bag to the plane or train? Or maybe the sleeper car attendant on the train who makes your bed. Check.

Is AI taking some jobs? Probably. Is it taking most of them? No way. The tech economic bubble burst. Too many tech things have reached saturation, there's no more up and to the right for them. Companies predictably have gone into cost cutting mode as a result, and the stock isn't being juiced by 10x growth. So they are selling an AI snow job to cover up that the core businesses have reached saturation and aren't going to generate 10x results anymore. Tech is in for a hard time in the near future, not because of AI, but because people have as much social media, streaming, etc as they want, and everyone now has it. In fact many are fed up and giving up parts of it, because they have learned it's garbage. There's no new people to feed into most of the systems anymore.

Comment Re:This will not safeguard private data (Score 2) 38

If that's your standard for those emails with confidentiality statements (they are not disclaimers), you already have a problem because your device and maybe email provider already read them to determine if they are spam. Also, unless the email body has been encrypted, they've been sat in SMTP server queues in plain text where nefarious people could read them.

Those "disclaimers" aren't really worth anything.

Comment Re: It's called captcha, guys. (Score 2) 64

I think youâ(TM)ve missed how much money AI companies are lighting on fire on both compute and being first. If it cost a billion in compute to solve the captchas but they got the data, they would do it. The fundamental problem is companies are being rewarded with billions of investment and stock growth for this behavior. They will continue until the money dries up.

Comment Section 174(c)(3) (Score 1) 104

This has little to do with AI and and everything to do with Section 174(c)(3) in the tax law. https://www.corumgroup.com/ins... First, this caused companies to hire less developers, in particular startups that couldnâ(TM)t take the tax bill. Second it caused women companies to reclassify people as other roles since calling them software developers was no longer a write off. The tax law is 90% of the jobs lost, AI is 10% at best.

Comment Re:You Forgot America (Score 4, Informative) 249

Your post makes me sad, but I'm forced to agree. I grew up in 80s and 90s America -- what a great time. I love my country, but... what the fuck happened?

The root of the answer is economic, The Productivity Pay Gap.

People are always for their own self preservation first. If you want them to help others, be tolerant of others, or generally work on making a better society they have to feel like their own self preservation is not being threatened. Over time the disconnect in that graph has grown, leading to more and more people worried about their own preservation. Unable to afford housing, food, transportation, they start to worry only about themselves and start to get mad when "those people" get some leg up that they don't get.

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