Not by me. I know you'll go out of business if you pay employees 2.5x your competition.
It will even turn out ok if the other 4 people find new work that pays the same. But if everyone fires 4 out of 5 employees because they're focused on "run my business more efficiently" to the exclusion of everything else...it's not going to end well for any society.
The profit from the employee reduction goes to the capitalists not to labor. So it is in the best interest of workers to resist reductions in the number of workers.
delusions of having AI do those roles and the one person in charge over prompting will know the difference between quality and slop... guess which one I'm betting on?
historically speaking, efficiency has always won out
for example, the last obvious inefficiency i remember was sys admins. the most worthless, self aggrandizing group of people at any company. got wiped out mostly (the best work for the cloud engineering companies), and i think it was for the better!
engineers today handle deployments, and it is far better.
No problem if you split the gains 50-50. 2.5x raise for the one person.
Why though? That’s wasteful. If I could run my business more efficiently for the same spend that’s great.
Then you're going to get called a greedy bastard.
Not by me. I know you'll go out of business if you pay employees 2.5x your competition.
It will even turn out ok if the other 4 people find new work that pays the same. But if everyone fires 4 out of 5 employees because they're focused on "run my business more efficiently" to the exclusion of everything else...it's not going to end well for any society.
The profit from the employee reduction goes to the capitalists not to labor. So it is in the best interest of workers to resist reductions in the number of workers.
They can start their own companies though.
Not if they don't have the capital to do so.
delusions of having AI do those roles and the one person in charge over prompting will know the difference between quality and slop... guess which one I'm betting on?
historically speaking, efficiency has always won out
for example, the last obvious inefficiency i remember was sys admins. the most worthless, self aggrandizing group of people at any company. got wiped out mostly (the best work for the cloud engineering companies), and i think it was for the better!
engineers today handle deployments, and it is far better.
> historically speaking, efficiency has always won out
Too bad AI is not about efficiency. It's about headcount reduction, which is exactly what Coinbase is doing here. AI just gives them plausible cover.
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