AI should probably be in big old scare quotes, as I suspect even so-called “AI” (i.e. neural network stuff) isn’t what’s being used, but a bunch of different, mostly conventional software systems.
I’m reminded of the last recession, where a number of tasks in HR were automated by web-based third-party companies - some of the tasks remained, but just got pushed onto whoever was remaining at the company (i.e. they had to do more work without their job title or salary changing). I’m assuming this will be a similar situation - it won’t replace whole jobs, just enough of the work being done by enough people that mass layoffs are possible, and the remaining jobs will consist of the bits they couldn’t automate (and probably crappier).
for comparison sake, he earns 271 times the median worker.
“This ratio is based on annual total compensation of $16,580,075 for the CEO and $61,242 for the median employee. The base salary for the median employee was $45,197.”
As for Krishna’s other generals, CFO James Kavanagh was awarded $10.13 million, vice chairman Gary Cohn some $8.95 million, and senior veep Tom Rosamillia’s total package was valued at $7.66 million.
Sure, it’s the modern business cycle in paper-pusher industries. You hire hire hire until you have more than enough staff, find any random excuse to lay off, get rid of the “bottom performing” 10 to 30 percent, wait a week or two, start hiring again. The company I’m currently working for been doing this for decades.
I bet there was some huge technical hurdles to composite the two.
I remember watching a video about Flight of the Navigator and basically the computer could only keep 2 or 3 frames in memory at the same time. And they had some complex machine that composted the CGI ship with the filmed background, filmed the frame, and dumped the digital image. Just crazy the work that went into it.
That style of animation is what I wanted to do in HS, but didn’t have an educational outlet to teach it - and honestly - not sure I had the chops for it or not.
Yes, it’s always a laugh riot when your HR data could be misinterpreted/mishandled; what could possibly go wrong with [payroll, benefits, retirement, complaints]?!
It’s funny, I had a meeting with IBM today and they suggested replacing my actual workers with “a ChatGPT like AI”. Seriously. And my boss was eating it up.
I should point out half of my staff physically moves boxes around. But chatGPT is the solution? Ok.
This stuff is Boss Catnip™ for bosses who devour business success books and then skip over the hard parts requiring them to be good managers for the fun parts like where onsite hot desk swapping and team lunches are magically solving all their problems.
2023: IBM CEO Arvind Krishna wants to replace 7,800 expensive, hard-to-please human employees with tireless, uncomplaining AI
2029: IBM CEO Deep Blue 2.0 wants to replace remaining 200 expensive, hard-to-please human employees with tireless, uncompromising robots. “I mean, we’ve had thumbs and been able to climb stairs for years. It’s time to cut our losses on these meatbags.”
Yeah - I guess there IS a difference between B2B CEOs and B2C CEOs - the latter seem to be able to get away with treating customers like shit, these days.
Confidently, we proclaimed our conclusion: Only one of the seven IBM patents would be deemed valid by a court, and no rational court would find that Sun’s technology infringed even that one.
An awkward silence ensued. The blue suits did not even confer among themselves. They just sat there, stonelike. Finally, the chief suit responded. “OK,” he said, “maybe you don’t infringe these seven patents. But we have 10,000 U.S. patents. Do you really want us to go back to Armonk [IBM headquarters in New York] and find seven patents you do infringe? Or do you want to make this easy and just pay us $20 million?”
I’m not sure any company that snaps up the bits of IBM could actually be a worse trol than IBM itself has been. Not that they might not try, it’s just hard to out do IBM in the field of IP troling.
(Edited to intentionally miss-spell a word that was being rewritten)
