AI - Shorter workweek? Consume jobs?

Computers, cell phones, internet was supposed to mean more productivity. It simply means your connected to work 24/7 and they expect you to be available always.

Industrialization was supposed to mean productivity improvement. It meant people left manual farm labor to toil in sweat shops 80 hours a week.

The shorter work week has always been a myth. Maybe in 100 years, not in my lifetime.
 
Computers, cell phones, internet was supposed to mean more productivity. It simply means your connected to work 24/7 and they expect you to be available always.

Industrialization was supposed to mean productivity improvement. It meant people left manual farm labor to toil in sweat shops 80 hours a week.

The shorter work week has always been a myth. Maybe in 100 years, not in my lifetime.

If you have time to lean, you have time to clean.
 
I will remind all that while it's perfectly acceptable to discuss the issues of AI, it is against BITOG policy to post any AI generated content or images whatsoever on this site. Don't get caught up in your efforts and end up with consequences.

Simply put, when it comes to this site ...
Human content = good
AI content = bad
 
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I'm an electrician by trade so will always have that to fall back on. However, I currently work doing electrical design in the new build nuclear industry and often wonder who would be responsible if AI took over the design and made a bad decision?
 
We have tossed around the idea that Artificial Intelligence will consume jobs and free up time.
Here is one such article.
AI is controversial, scary, fantastic, and .... who the heck knows? More BITOG time, perhaps?
Luckily there's not much AI can currently do in my position other than market bids. It can likely calculate water demands & power flows FAR faster than us humans but with the amount of bad data sets out in the system, humans are currently running circles around AI. Market bids though, either in real time 5- & 15-minute markets or in the day ahead market, AI has been implemented with pretty solid success rates. Where I'm at it's still a human doing the bids but I do know of a couple entities that use AI for that function successfully.

Engineering roles will likely be impacted very heavily though.
 
Computers, cell phones, internet was supposed to mean more productivity. It simply means your connected to work 24/7 and they expect you to be available always.

Industrialization was supposed to mean productivity improvement. It meant people left manual farm labor to toil in sweat shops 80 hours a week.

The shorter work week has always been a myth. Maybe in 100 years, not in my lifetime.
I'm in a meeting right now with people in France. Saved me from flying there. I can see slides and participate in real time. Seems so common today but we didn't have this technology when I started working.

There are changes coming. It's 2025 and we still do a lot of things without using the technology that we have. We have an AI assistant at work. I haven't used it yet but people say it works pretty well. I have not been impressed with AI but it's in its infancy and getting better.
 
I'm an electrician by trade so will always have that to fall back on. However, I currently work doing electrical design in the new build nuclear industry and often wonder who would be responsible if AI took over the design and made a bad decision?
I'm also in utilities. We have a saying that the closer you are to the equipment, the more secure your position is. I moved out of the power plants & into grid ops a decade ago but could/would fall back to plant operations if needed.
 
Unemployed people have lots of free time. :mad:

AI and other tech "solutions" have as their main goal displacing employees who demand those pesky paychecks and benefits such as medical insurance. Once again, this is yet another trend that benefits only the CEOs and other top executives with fat bonuses for saving all that payroll money. This will be what replaces the CEOs' previous ideas of sending all the jobs overseas or importing foreigners on special visas to displace native workers.

No one has ever been able to give a coherent answer to a question I've been asking for several years: after AI and other tech take away most jobs, who's going to be left to buy the products and services the AI/tech offers? Governments and other businesses buying from these companies won't be enough to keep all of them going. The corporations rushing into tech solutions to replace employees don't realize how short-lived their profits will be after this change. The hordes of unemployed people won't be able to buy much.
 
Most of what we see today, was developed decades ago and brought out into society at the right time for specific purposes.
If society is shaped like a pyramid and yet the controllers of the pyramid are outside of the pyramid, how does one escape it?
 
after AI and other tech take away most jobs, who's going to be left to buy the products and services the AI/tech offers?
No one, the tech will be deflationary just like every other tech.

Contrary to central bank lore, Volcker did not stop inflation in 1980. Offshoring jobs to China for cheap goods did. At the same time people were forced into lower paying service work and government started more hand outs. Now were $37T in debt.

Now you know why there talking stable coins and UBI.
 
I'm an electrician by trade so will always have that to fall back on. However, I currently work doing electrical design in the new build nuclear industry and often wonder who would be responsible if AI took over the design and made a bad decision?
Well simple, Al would. Allen would be brought thought the court system and the money Al made would be distributive to the victims and deceased loved ones. After a nuclear catastrophic design accident, Al would not be trusted again till time would show Al could redeem himself. If I was Allen, I would watch myself and not get into that field of design. I would go into bridge engineering, nothing can go wrong there.
 
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If AI drastically reduces the workforce what will drive GDP?
Consumer spending makes up 68% of GDP in the US.
Who will consume those products that will, supposedly, be produced more efficiently?
Will UBI be enough to sustain the 68%?
 
Who knows....I'd like to think it will make life easier for most people but I've given up on predicting anything in the future whether it's the climate, economics, AI etc.....anything multivariate I just sit back and watch and hope things improve.
 
I suspect that implementing AI in financial transactions will be a hacker's dream come true.
 
I appreciate all the responses. And they are all correct, to an extent. We cannot say where this thing goes.
An incredible inflection point...

AI has already changed our lives... Have you seen AI related stocks lately?
 
Computers, cell phones, internet was supposed to mean more productivity. It simply means your connected to work 24/7 and they expect you to be available always.
"They" tried that with me.... I had a phone that was paid for by the company but I was free to use as my personal phone (if I was told it's strictly for work, I would have turned it down anyway). Once that was given, and I didn't answer a couple calls after hours from the owner, he said (I'm paraphrasing but not exaggerating) "you're expected to answer your work phone anytime someone calls". I was mowing at the time of the call and I either didn't have my phone on me or didn't hear/feel it ringing. I was that when I did call back....outside of work hours. It happened a 2nd time and a voicemail was left with the same general message, which I ignored. The next day, I told him not to ever leave a message to me like that or try to speak to me like I'm his child. Yeah, I don't give a *beep*. In the next couple days, I arranged to move back to our family's mobile plan and made sure my phone number (I ported my long-time number to the work phone) got ported back to me. I happen to have access to the company account so I was able to "approve" the port as I wanted to make sure it wasn't blocked. Took over 2 months before it was noticed that I was off the plan and when asked why, I reminded them .... and silence. 😁 If I'm contacted after hours, I respond if and when I feel like it.

My work computer is a desktop so it doesn't go home with me. At best - if I choose to - I can access my email from home, but nothing else.
 
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