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Comment Re: Record profits (Score 1) 162

Which would be solved soon. Lot of this firing is due to the overhire and the economy tightening. Now the economy is loosening and the ovefiring is going on. In a few months our esteemed geniuses will realise that we donâ(TM)t have anyone to get the job done( and so is not what they thought it is) and would pay the price to rehire. Seriously! Are we going to trust these incompetent people who made the âoemistakeâ of overhiring to solve them!

Comment Re: Not unexpected (Score 1) 37

This might run deeper and farther than the DOGE. The so called AI, besides being proved as not that revolutionary to business bottom lines (MIT studies), has also been a major reshaper of the job industry. There will come a point when the merry go around stops. Thatâ(TM)s when the trillions of dollars invested in the AI boom is going to bust. Companies like CBA are crooks and wanted to get rid of their aging staff blaming AI. But there are behemoths invested in AI seriously believing that it could transform their business, just about to find out that it wonâ(TM)t. Being a dot com bubbler, this scares me a bit

Comment Re: Mexicans (Score 2) 56

Western societies are largely transforming into Asian ones (and might get there in a few years). With an inability to support fertility rates, frantic pursuit of GDP and a pretence that immigration is beneficial, are going to hollow out the western culture and establish the Asian way of life sooner. Everyone, including the immigrants, would at some point realise that the western life is a mirage: canâ(TM)t have a family, no home, endless debt and a govt who seems to be doing everything to destroy the society while claiming otherwise. And when they realise itâ(TM)s too late, the next set of immigrants arrive, rinse and repeat.

Comment Re: Tech breakthroughs mean more jobs. (Score 1) 124

So true. The Silicon Valley is twisting what the invention here also. By constantly hyping AI, they are giving out an impression that autonomous thinking machines are a corner away. The best LLMs we now have is decades away from what they are projected as. I am not undermining the value of LLMs, but we need to take a good look at what it is and how it can progress us forward. Its utility is definitely not for eliminating jobs or saving cost. It would add to the economy and scale of conducting businesses in the future. We need CEOs who can dream that dream( not the bunch of shareholder kissers)

Comment Re: So if entry level workers ... (Score 1) 36

The glorified AI around are only pattern matchers. We are not going to find AGI for another 50-100 years(even more). The current situation is nothing but a bubble that Is going to come back and bite us soon. But we already have invested billions and trillions into this eventhough we are well past the wins. This is going to be a lot painful than the dot com bust.

Comment Re: The Purge (Score 1) 34

Besides these I think the nepotism and opportunism has eroded the quality of people substantially in the industry. I know several top brass computer engineers sleeping rough outside the industry or at low rung jobs while artists, photographers, lawyers etc adoring the program managers and director or VP roles and proudly setting the strategy and roadmaps for the companies and industry. What a world!

Comment Re: Bad economy and the orange one causing a reces (Score 1) 34

The disconnect I often see is that the world is thinking that Trump is taking the wrong path while Trump is trying to change the path itself. Report after report talks about the economic or monetary losses the tariffs could cause, and yet he comes out coolly with not concerned at all because in his mind this is a total transformation and not a deviation. This wonâ(TM)t stop here and will run its course to whatever it may end with.

Comment Re: Good (Score 1) 34

Good observation. There are all sorts of divides in India and casual racism is quite common. These days a common broad divide is based on religion and most of the minorities get the stick from the Hindu Majority in India and now abroad as well. The funny thing is Christians are a minority in India and they get actively sidelined even in a Christian majority countries like US by Hindus(of course systematically and nicely with a smile).

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