Maybe this POS is just starting to fear for his life if this goes on
When Nvidia jumped on the AI hype train at the expense of retail customers, the first thing I did was pull my $ out of their stock and invest in Taiwan Semiconductor manufacturing and Samsung electronics. Chips are still going to get made; now the fabricators can get my investment $ directly and Jensen Huang can continue to enjoy the smell of his own brand without my cash.
Nvidia CEO Begs Execs to Stop Telling Workers They’re Fired Because of AI, it’s hurting Nvidia’s stock price.
ha, even if it was true - which isn’t - that would never hurt the stock, the stock market is soulless
Yeah, start telling them the truth. They were fired due to C-suite greed.
“It was just a way for them to sound smart and I really hate that,” the CEO argued.
Aww, poor lil’ fella, tried to juice his stock by selling AI as the second coming, and now he’s mad that other CEO’s are trying to juice their stock by trying to sell AI as the second coming.
Honestly I find this darkly hilarious. The circlejerk is becoming more and more obvious. I’m going to be surprised if the bubble doesn’t pop within the next 6 months or so - definitely before the end of the year.
All it took for this to happen was:
- skyrocketing energy prices
- skyrocketing hardware prices
- skyrocketing water usage
- the effective priceout of PC/homelab enthusiasts and hobbyists which will probably destroy much of the community, and thus most of the consumer-oriented hardware manufacturers
- turning the US economy into a house of cards
- sharply accelerated enshitification of all major search engines (in the interest of pushing people to use LLM bullshit for no good reason, when a perfectly suitable and deterministic alternative already existed and was deployed at scale everywhere)
- flagrantly ignoring licensing and usage terms for basically any and all open source software projects hosted anywhere on the internet
- the hollowing out of software engineering as a discipline, the collapse of the hiring prospects of fresh grads/juniors because “ai can do that”, and the creation of a generational gap in staffing across huge swathes of the tech industry writ large
- the (even more) accelerated enshitification of social media as it becomes a series of gigantic LLM bot farms talking to each other
- we can go on
What a time to be alive.
Jensen can suck my Huang.
So, lie more?
Whoa. Nobody said that. Just stop paying them and let them figure out they’ve been let go instead of telling them. Less aggressive, more passive aggressive.
When they come to ask what is happening, pretend they’re not there. When they lawyer up: talk about their position in the past tense. When the lawyer picks up on it, act surprised: “Oh, yes! We let him go months ago, but he never really got the message.”
We fixed the “glitch”
“How is it possible that AI became productive and useful only six months ago, and they were somehow laying people off two years ago because of AI?” he added. “It doesn’t make any sense.”
This is very telling. Jensen is pulling this “6 months” figure completely out of his ass here, but the reason why he wants that number to be true is because it moves the goalposts. If AI hasn’t actually, really, been here for even a single fiscal year then it explains away everything. Suddenly the fact that it’s made zero impact on productivity, that no one is making any profit on it, all of that becomes justified. “It’s still early.” You’ll recall that this was the narrative around crypto too. Every time anyone criticized anything about it a herd of sheep would bleat “It’s still early” even over a decade into the technology existing.
Investors are starting to ask serious questions about when these tools are actually going to start delivering greater productivity to their companies. Managers are starting to get the screws put to them about why their budgets are ballooning to cover subscription and token costs with nothing to show for it. Jensen can’t have that, because AI is the whole reason why his company is on top of the world, so he’s trying to reset the clock.
For the record, there’s absolutely no evidence to suggest that AI has ever become productive and useful, but that wouldn’t fit Jensen’s narrative either. So instead he has to invent a world where AI is totally productive, 100% useful, just trust me! When did that happen? Oh, just now. That’s, um… Yeah, that’s why you didn’t notice. It just happened, right before you walked in.
If AI hasn’t actually, really, been here for even a single fiscal year then it explains away everything. Suddenly the fact that it’s made zero impact on productivity, that no one is making any profit on it, all of that becomes justified. “It’s still early.”
I think you’ve nailed it.
I clearly remember 2023 being the year where AI and ChatGPT hit the mainstream. Looking back, nvidia’s stock price had already doubled in the first half of 2023.
Crypto and AI could have been a good thing. The politicians, criminals and free-loaders ruined it.
Transformer model AI has atrocious unit economics. The only way it really works is in some kind of post-scarcity environment where we simply don’t care how much it costs to run.
Crypto only solves problems it creates, or creates new problems out of the ones it solves. It’s a horrendously complicated way of wasting compute power to ultimately achieve nothing.
Monero is a good form of crypto, it’s ACIS resistant so it doesn’t require a big server to mine them. It’s also really good for anonymous transactions.
Transformers aren’t supposed to be used for big problems that require too much data. But there’s use cases for them.
“The narrative that connects AI to job loss, for many of the CEOs that are doing it — it is just too lazy,” Huang told Channel News Asia. “AI has just arrived, how is it possible they’re already losing jobs?”
Why are these guys so dumb, how did they get into positions of power? I think mostly just by being willing to stand up in front of a crowd and camera? AI hasn’t just arrived, it’s been improved over the last couple of years, and has become much more capable recently.
It’s not necessarily that they’re dumb, it’s that they think others are dumb enough to believe any old crap they say.
I genuinely think they’re dumb, they have no sense of the fact that their greed and gatekeeping will bring about a serious shift in society. They should be trying to create new job opportunities and programs for people to innovate, yet we’re gridlocked in a shit late-stage capitalist society where we can’t actually do anything because of weird zoning laws and regulations.
They don’t care they have vacation homes on every continent, they really won’t give a shit when the us descends into chaos. They already dont give a shit when a town of 10,000 in california gets their water shut off.
Good, let them go to their vacation homes wherever and let us take back control of our shit.
Good luck with that lol
You mean lie to the workers? Hmmm…has that ever been tried?
I really hope AI ends up replacing CEOs and upper management.
Relevant novelette: Manna – Two Views of Humanity’s Future
I’m torn, because fuck the ceos… but fuck the ai… I don’t want to take orders from some slopshit robot, nor these rapist criminals
Why? The AI would be a step up from the avg CEO. I mean, it’s a low looooow bar, but incremental progress is still progress
~imma throw in this is a joke, cause I know someone isn’t gonna take it that way~
Hope you like making paperclips while Clippy watches you and ratchets up your productivity expectations, buddy.
~also a joke, but an AI with surveillance capabilities has the potential to be a really annoying boss. See Amazon drivers that aren’t allowed to wipe their brow while they drive or take a pee break~
Hey there skipper! Looks like your meatbag fingers are getting tired! That 1% decrease In speed is coming out of your paycheck!
I’ve already made a rule. I am not going to work any job that tells me when I can pee, or that I’m not going fast enough.
If all of you would do the same, they wouldn’t be able to demand that of you either.
Let’s rage against all the machines
See, what we should all do, is just stop buying ANYTHING.
Watch the shares of every single company collapse. Watch the great depression 2 start for the rich.
Because lets be real, for the average working man and woman, we’ve been in a depression that gets worse and worse as time goes on since the 80s. Now lets let it affect the rich too.
Rapist criminals
Damn, no chill.
When rapists and pedophiles are literally in charge, the time to chill is OVER!!!
Sure, but this feels like a baseless, distraction of a characterization here.
No. The common denominator between the average CEO and the average sexual offender is an all-encompassing sense of entitlement: I should have what I want, and you need to give it to me, and if I have to wrest it from you in ways that are harmful to you, well that’s okay too. And it’s not just those two groups, it’s anyone who regularly relies on coercion and abuse to get what they want, right down to what happens in the home where domestic violence is the problem.
As our president himself has proven beyond all doubt, in countless acts of power combined with the sexual misuse of others, from children to E. Jean Carroll, the jump from CEO to sexual offender is really NOT the impossible intellectual leap you seem to think it is, nor is it unfitting in this context.
I’m following you. Thanks for the the note. I agree that you can’t become a billionaire without “taking”, I just think the argument is more compelling without this hyperbole.
Fair enough. Thanks for the feedback.
Hey, if your CEO is an LLM, at least you can context shift/prompt inject/sandbox-break them for fun and profit 🥰
I appreciate the sentiment (Fuck CEOs) but find the idea of taking orders from an AI that is also in charge of steering the direction of the company devastatingly horrific.
Given that AIs are demonstratably incapable of successfully operating a vending machine for more than about a week, sounds like a great time to start a competitor.
One thing that academic (not for profit) ai researchers understand is that computers cannot make management decisions, as a computer cannot take responsibility when things go wrong the way a person can. This is already an issue for traffic violations for “self driving” cars piloted by foreign labor overseas.
STOP MAKING US LOOK BAD!
-catches own reflection-
FUCK, WHAT IS THAT?!
Where I work the leadership 100% tels people if they dont spend tokens they get canned. Theres dashboards and everything. I hate it but appreciate not being lied to, at least.
I tokenmaxx as much as I can. Every report, design doc, or piece of code I prompt I keep bragging how it’s written purely with AI. Nevermind that for each single-line fix I have to write a whole paragraph explaining how and where to apply the fix. And how for reports and docs I feel like a teacher grading a student that winged the test.
At this point I just find it amusing and try to see how far I can push it.
Shiet.
Right at the fall of Soviet union the proverb emerged:
“They pretend they pay us money, and we pretend we work.”
Same vibe, honestly.
My company leadership said the same to us.
the layoffs are because of greed, plain and simple.
