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laeva recumbens anguis
Cable Forum Mod
Join Date: Jun 2006
Age: 69
Services: Premiere Collection
Posts: 44,891
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Re: AI - it’s the future?
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Originally Posted by admars
you're all focusing on the negatives - what about the increase in productivity?
what about it being used in medical research?
how about in fire and rescue?
There was a company saying that people were worried in their industry about using AI would be a problem, and they'd lose job, but interestingly, they don't have enough skilled workers in that field, so some do the work, while others train real people, and other train AI so the can try and meet demand, i forget what it was now, but it was a traditionally skilled manual task using tools.
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https://www.bbc.co.uk/news/articles/...rrer=deep-link
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Banking giant Standard Chartered has become the latest major company to announce job cuts as it increases its adoption of artificial intelligence (AI).
The firm, which has its headquarters in the UK, said it will cut more than 15%, or around 7,800, of its back-office roles by 2030…
… Standard Chartered is not the first financial services firm to shed roles as AI takes on more work currently done by humans.
In February, Singapore's biggest bank, DBS, said it expected to cut about 4,000 contract and temporary roles over the next three years.
Huge AI-related job losses are expected to hit technology industry workers and graduates particularly hard.
Several big tech firms, most of which are spending huge sums on building tools and infrastructure for AI technology, have made major job cuts this year.
In April, Facebook owner Meta said it will cut thousands of jobs next month as it spends more than ever on AI projects.
The company told employees that it planned to cut 10% of its workforce - roughly 8,000 staff. It said it would also not fill thousands more open jobs it had been hiring for.
Amazon announced in January that it would lay off more than 30,000 workers, while Oracle laid off more than 10,000 workers.
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https://www.britishchambers.org.uk/n...hat-is-coming/
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However, around one in ten firms have moved beyond generic tools like ChatGPT and Copilot into deeper, bespoke AI integration, and it is in this group that the economic consequences are already showing: approximately one fifth report staffing reductions attributable to AI, and bespoke AI adopters are roughly three times more likely to have restructured job roles. The firms furthest along the adoption curve are the ones already cutting and reshaping their workforces, and that should tell us a great deal about what the next twelve months will look like for everyone a step or two behind them...
… Morgan Stanley’s research, published in late January, found that UK firms using AI for at least a year report net job losses of 8% over the past twelve months, the highest rate among major economies surveyed and roughly double the international average...
… As the Boston Consulting Group argued in April, the nearer and broader effect of AI is not simple elimination but redesign. Its modelling suggests that over the next two to three years 50% to 55% of jobs in the United States will be reshaped by AI, while 10% to 15% could be eliminated over roughly five years…
… The AI tools that British businesses are using to replace British workers were not built in this country, the profits from them do not remain in this country, and the new jobs that the technology companies keep promising will be created by AI are overwhelmingly not appearing in this country. Hinton warned in November 2025 that the big technology companies are betting on AI causing massive job replacement because that is where the big money is going to be, and what he is describing, whether he intended to or not, is a transfer of economic value out of the British workforce and into the balance sheets of overseas technology firms. British businesses that respond to AI by freezing or cutting headcount and buying in more software are not just hollowing out their own organisations, they are actively participating in that transfer outside of Britain.
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TL: DR
Some organisations are using AI for productivity increases, most intend to use it for productivity increases and job losses, and most new jobs created by AI will not be in this country.
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