That was the setting I saw last night. It was after the article I wrote yesterday, and the article (at https://www.hrdive.com/news/leaders-who-laid-off-workers-due-to-ai-regretted-it/746643/) was written a few months before that. Yet it is important, because it gives me the ‘gratification’ (of sorts) that I was correct in a few way. The article called ‘More than half of leaders who laid off workers due to AI admit to screwing up’ and it comes with the byline of “Employers’ zeal for replacing humans with tech has run up against a lack of guardrails, training and clear policies around its usage” you could counter against that in a few ways and that would be OK. The part that I see as important is seen in a few ways. In the first we are given “About 4 in 10 business leaders have laid off employees as a result of deploying AI — and of those, 55% admit they made the wrong decisions about it, according to a recent survey of more than 1,000 business leaders by organizational design and planning software platform Orgvue.” It leaves me with questions. You see, on the lighter setting it sounds like a lot, but in what area where these business leaders? 55% made the wrong decision, but is it on the setting of a thousand business leaders? Or merely 150 in tourism, or 450 in tech? A top-line reference is as shallow as stating that all female pisces are prone to adultery (a GSS89, or General Social Survey joke). It is the full view we need (even if it supports my views). We are also given “Leaders also admitted to a lack of awareness on how to implement AI. One quarter said they didn’t know which roles would benefit most from AI, nearly a third didn’t know which are most at risk for automation, and 35% said lack of AI expertise was a barrier to successful deployment.” Fits the view I gave yesterday, but lacking a full view is required to give it weight. The setting of “which are most at risk for automation” requires additional awareness and the likely lack there can be shifted in nearly all directions. That being said 35% is a really large group and lacking awareness is also lacking insight into data and there verification comes into play making the lack of insight contributes to several fields and there this field merely shows more and more lack of data and awareness insight. And there the last part gets into view “leaders remain bullish on AI, the survey showed; 3 in 4 leaders said their company would be “taking full advantage” of AI by the end of the year, and 4 in 5 said they’d increase their investments this year.” So consider that in light of the lacking parts of this 3 out of 4 leader? So consider that the lack of AI and even a lack of understanding is pushing Near Intelligent Parsing (NIP) into the larger frame, as I see it without data verification and without the settings of ethical and see through constraints of data awareness. So without that, without any of that, close to 80% (4 in 5) are set to believe that there is an increase of investment? How delusional do you need to get? So whilst we see “Fearful of being left behind, employers have leaned heavily into AI over the past year.” Is this really where the FOMO people are? Is it fear of missing out, or the larger need to appease the revenue depending people? A setting where we appeal to reaching revenue against insight into how to get there, against free and gambling? Your guess is as good as mine, but in the shallow dismissal of people all over the tech field. Where we see Microsoft, Amazon, AWS, Meta and Google dismissing staff we see the emergence of a new fact. Those who are thinking this through are set in a new field. The field where hundreds of people are left outside alone, with decades of insight as the people who try to get clever with a non-existent AI will lose out to the people they fired with the decades of experience. As such the people (like Aramco and ADNOC) needing thousands of jobs and as people are getting shafted, plenty of people will look towards those regions gaining income and helping these companies getting the decades of experience pretty much overnight. That slight with the other sides will give others a larger advantage, all whilst those ‘relying’ on AI will lose more and more ground. Not the greatest of settings for these companies. So all whilst you are feasting to be dismissed, consider the door they are opening to several places and several new venues.
Do you still think I was foolish, or are facts starting to add up towards the hype some are (speculatively) falsely creating?
Have a great day and consider that Yas Island (ADNOC) is a comfortable 35-40 degrees and has 5 theme parks. I reckon not the worst setting to find a new vocation (if you have something they need) and as the west will massively learn the hard way having choices afterwards is not the worst setting either. As I said, have a great day.
Lawrence van Rijn - Law Lord to be 