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Companies That Tried to Save Money With AI Are Now Spending a Fortune Hiring People to Fix Its Mistakes

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  • 87 Stimmen
    15 Beiträge
    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.
  • 109 Stimmen
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    L
    Yeah, I agree. It's a great starting place. Recently I needed a piece of information that I couldn't find anywhere through a regular search. ChatGPT, Claude and Gemini all gave a similar answers, but it was only confirmed when I contacted the company directly which took about 3 business days to reply.
  • 2k Stimmen
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    824 Aufrufe
    M
    the US the 50 states basically act like they are different countries instead of different states. There's a lot of back and forth on that - through the last 50+ years the US federal government has done a lot to unify and centralize control. Visible things like the highway and air traffic systems, civil rights, federal funding of education and other programs which means the states either comply with federal "guidance" or they lose that (significant) money while still paying the same taxes... making more informed decisions and realise that often the mom and pop store option is cheaper in the long run. Informed, long run decisions don't seem to be a common practice in the US, especially in rural areas. we had a store (the Jumbo) which used to not have discounts, but saw less people buying from them that they changed it so now they are offering discounts again. In order for that to happen the Jumbo needs competition. In rural US areas that doesn't usually exist. There are examples of rural Florida WalMarts charging over double for products in their rural stores as compared to their stores in the cities 50 miles away - where they have competition. So, rural people have a choice: drive 100 miles for 50% off their purchases, or save the travel expense and get it at the local store. Transparently showing their strategy: the bigger ticket items that would be worth the trip into the city to save the margin are much closer in pricing. retro gaming community GameStop died here not long ago. I never saw the appeal in the first place: high prices to buy, insultingly low prices to sell, and they didn't really support older consoles/platforms - focusing always on the newer ones.
  • 77 Stimmen
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    G
    Because the trillions is the point.. Not security.
  • Understanding the impacts of generative AI use on children

    Technology technology
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    50 Stimmen
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    S
    That's fine, just use ChatGPT...
  • Is Google about to destroy the web?

    Technology technology
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    240 Stimmen
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    B
    I hate google enough to pay 5$/mo for Kagi - it puts a smile on my face everytime I go to search and know that I'm not supporting google
  • Best way to block distractions

    Technology technology
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    Niemand hat geantwortet
  • AI could already be conscious. Are we ready for it?

    Technology technology
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    64 Beiträge
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    A
    AI isn't math formulas though. AI is a complex dynamic system reacting to external input. There is no fundamental difference here to a human brain in that regard imo. It's just that the processing isn't happening in biological tissue but in silicon. Is it way less complex than a human? Sure. Is there a fundamental qualitative difference? I don't think so. What's the qualitative difference in your opinion?