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Connor Myers: As if graduating weren’t daunting enough, now students like me face a jobs market devastated by AI

Technology
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  • 70 Stimmen
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    0 Aufrufe
    S
    I suspect people (not billionaires) are realising that they can get by with less. And that the planet needs that too. And that working 40+ hours a week isn’t giving people what they really want either. Tbh, I don't think that's the case. If you look at any of the relevant metrics (CO², energy consumption, plastic waste, ...) they only know one direction globally and that's up. I think the actual issues are Russian invasion of Ukraine and associated sanctions on one of the main energy providers of Europe Trump's "trade wars" which make global supply lines unreliable and costs incalculable (global supply chains love nothing more than uncertainty) Uncertainty in regards to China/Taiwan Boomers retiring in western countries, which for the first time since pretty much ever means that the work force is shrinking instead of growing. Economical growth was mostly driven by population growth for the last half century with per-capita productivity staying very close to inflation. Disrupting changes in key industries like cars and energy. The west has been sleeping on may of these developments (e.g. electric cars, batteries, solar) and now China is curbstomping the rest of the world in regards to market share. High key interest rates (which are applied to reduce high inflation due to some of the reason above) reduce demand on financial investments into companies. The low interest rates of the 2010s and also before lead to more investments into companies. With interest going back up, investments dry up. All these changes mean that companies, countries and people in the west have much less free cash available. There’s also the value of money has never been lower either. That's been the case since every. Inflation has always been a thing and with that the value of money is monotonically decreasing. But that doesn't really matter for the whole argument, since the absolute value of money doesn't matter, only the relative value. To put it differently: If you earn €100 and the thing you want to buy costs €10, that is equivalent to if you earn €1000 and the thing you want to buy costing €100. The value of money dropping is only relevant for savings, and if people are saving too much then the economy slows down and jobs are cut, thus some inflation is positive or even required. What is an actual issue is that wages are not increasing at the same rate as the cost of things, but that's not a "value of the money" issue.
  • China is rushing to develop its AI-powered censorship system

    Technology technology
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    why0y@lemmy.mlW
    This concept is the enemy of the a centuries old idealistic societal pillar of the West: Liberté, Libertas... this has blessed so many of us in the West, and I beg that it doesn't leave. Something beautiful and as sacred as the freedom from forced labor and the freedom to choose your trade, is the concept of the free and unbounded innocence of voices asking their leaders and each other these questions, to determine amongst ourselves what is fair and not, for our own betterment and the beauty of free enterprise. It's not so much that the Chinese state is an awful power to behold (it is and fuck Poohhead)... but this same politic is on the rise in the West and it leads to war. It always leads to war. And now the most automated form of state and corporate propaganda the world has ever seen is in the hands of a ruthless ruling class that can, has, and will steal bread from children's hands, and literally take the medicine from the sick to pad their pockets. Such is the twisted fate of society and likely always will be. We need to fight and not with prayers; this moment is God forsaking us to behold how the spirit breaks and what the people want to fight for as ruthlessly as the others do to steal our bread.
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    S
    So they're doing good work at least.
  • 139 Stimmen
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    D
    Lmao it hasn't even been a year under Trump. Calm your titties
  • Converting An E-Paper Photo Frame Into Weather Map

    Technology technology
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    indibrony@lemmy.worldI
    Looks like East Anglia has basically disappeared. At least nothing of value was lost
  • How to store data on paper?

    Technology technology
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    U
    This has to be a shitpost. Transportation of paper-stored data You can take the sheets with you, send them by post, or even attach them to homing pigeons
  • What was Radiant AI, anyway?

    Technology technology
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    T
    In fact Daggerfall was almost nothing but quests and other content like that.
  • 6 Stimmen
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    blue_berry@lemmy.worldB
    Cool. Well, the feedback until now was rather lukewarm. But that's fine, I'm now going more in a P2P-direction. It would be cool to have a way for everybody to participate in the training of big AI models in case HuggingFace enshittifies