YouBet said:
infinity ag said:
YouBet said:
infinity ag said:
YouBet said:
infinity ag said:
YouBet said:
infinity ag said:
YouBet said:
BusterAg said:
FriendlyAg said:
I would add, that higher quality technology (software for accounting) and the use of chat gpt have made our output faster and higher quality than 5 years ago.
In the attorney side, I think it just saves them time on drafting, but a lot of what they do is communicate/negotiate verbally to other attorneys or to non-attorney decision makers. That's the bulk of their time from what I see. So, AI helping with drafting probably cuts the cost down or increases output.
I still struggle a bit with making sure the new grads learn the basics/fundamentals if we take that out of their hands.
My prediction is that it will make entry-level employees more efficient, so that the best entry-level employees will be more marketable, but lower performing entry level employees will be edged out of the competition.
If you can hire one Jr. Analyst to do the job of 3, and that one Jr. Analyst will work past 5pm, doesn't complain about coming into the office, thinks strategically instead of just following directions well enough to get home, then why in the world would you not go that route?
This. And it's exactly what I did. I had plans to hire 3 headcount. I've only hired 1 because we have re-engineered our product cycle to lean hard into AI. I don't need more headcount if my one person gets proficient at writing AI prompts.
You will soon be hiring 5 people after you screw it up and are forced to hire some good people to get the job done because you will see that this 1 person plus AI effed it up.
Enjoy talking about how you saved money until then. This cycle has been seen before every 25 years.
Nah. I'll hire more people eventually, obviously. I just won't be hiring at the headcount numbers we otherwise would have. No reason to.
So you made my point. You will hire more eventually. By relying on AI instead of people, it will take you longer to get to what you want.
lol. I did not and it absolutely will not. Read my next post.
This isn't a zero sum game. I'm not ever only going to have 1 person. As we scale, add more project, more tech, more whatever...I will need more people. I just won't need the number of people I would have needed in years past.
Of course you did. You will end up hiring more people after the AI you relied on screws up so nothing is different. It will take some time though, just like all corp processes.
You are so damn bitter with your constant bleeding over corporations. Are you hedge's alter ego?
You will note that I'm not a "AI is going to change everything and get rid of everyone person". It will absolutly impact certain sectors and functions of which mine is one of them. If you actually work in this space as claimed, then you should already know this. So, you are either ignorant of what is right in front of you and haven't studied up yet, or you lying about what you do.
Or maybe your emotional trauma over corporations is blinding you here.
I just don't lick corporate's shoes like many pseudo conservatives here. Show me a good corporation that treats people right or CEO and I will praise them. Almost all of them are scumbags. From your posts, I am sure you were one of those who thought Jack Welch was worship worthy.
But I don't want to go OT.
If the above is what you said, nothing is surprising or different from what happens for 25 years. Every time a new tech comes, things shift. AI is no different. There are a lot of people who use AI to justify layoffs because the CEO screwed up for a different reason. If you really are in the industry for long as you claim, you would have seen it and should be skeptical about what they say. An "I hire only 1 engineer instead of 3" boast just shows that you either have no less than 5 years of work experience or one of those Boomer CEOs who have no clue even though they have 40 years of experience.
So bottom line, nothing new in what you said.
lol. Jesus. This is such a black and white, rigid stance that is false. I'm 51 and both my wife and I are former F500 who worked near the top especially her. We would both share some of the critiques you have of corporate America because we actually lived it. And I would never work for one again unless I was financially desperate. And you won't ever find us being Jack Welch acolytes.
If you seriously think productivity and efficiency won't happen with this then you are simply ignorant or so emotionally invested in being anti-corporation that you can't be objective. All I've said is that I won't need to hire as many people as I otherwise would have....so just like every other evolutionary leap in technology has wrought. So, yes, in that regard there is nothing new here. New tech developments increase productivity and so has AI.
If it makes you feel any better, it's likely that you will simply see an up-skill or re-tooling of workers that will create new opportunities that we can't yet see...as someone else already said.
Both our S/W team and my engineering teams got subscriptions to ChatGPT Team. It's helpful, but you still have to be careful. I've had it have "hallucinations" and give me wrong information. So, double check your answers.
But, I have to do a ton of writing now in my "managerial" position so it's really good for cleaning things up and making it prettier.
