Comment by ranguna
5 hours ago
I agree with you. Putting myself in the shoes of a tech CEO, I see other companies laying off and saying that their AI strategy made them so productive that they don't need 20% of their employees anymore, I see investors flocking to that company, I look at my company and feel investor FOMO, I layoff as well.
It's nothing personal, it's just how the US works. If this were to happen in Europe, your company would burn to the ground. The amount of compensation you'd have to do would eat your gains from the layoffs.
Meanwhile in Korea:
https://www.tomshardware.com/tech-industry/south-korean-offi...
https://www.tomshardware.com/tech-industry/sk-hynix-employee...
SK Hynix is making an absurd amount of money from the RAM shortage, and the employees are not unreasonably demanding their cut from it.
Yeah but when you get old enough you get sacked and cant get employed anywhere and have to start frying chicken. So..
As opposed to what happens in the US, you mean?
People forget that all the training data to make these things was harvested with little concern for copyright or proper licensing.
A dividend or basic income or something funded by a tax on this stuff is not at all unreasonable.
The technology is cool but it’s basically mass piracy.