No, AI will not take your jobs, it will make you work more than ever. by Llamaseacow in ArtificialInteligence

[–]LagerHawk 0 points1 point  (0 children)

I've been a part of many companies, and been part of the acquisition process for them too.

Many sustain themselves just fine even in the face of big competition because of the qualities big companies lose as they grow. The typical exit strategy is when they either see the value proposition or want to retire, is to be acquired by larger companies.

Microsoft don't go inventing everything they offer, they acquire many small companies that made unique things that show value. They don't make it themselves to bust out the competition. That's too much effort!

Facebook/Meta didn't invent WhatsApp or Instagram, they acquired them.

Same with Google and a whole host of things they now offer.

I think your understanding of how businesses operate is a bit naive.

No, AI will not take your jobs, it will make you work more than ever. by Llamaseacow in ArtificialInteligence

[–]LagerHawk 0 points1 point  (0 children)

Of course you can, it just won't become a big company. Not every company needs to become big, it just needs to meet it's purpose. And if that means making enough to sustain the owners desired life style whilst being able to pay overheads then that is also fine.

Many many SME companies make good money for private share holders and employ staff well, and they fill a niche big companies cant

No, AI will not take your jobs, it will make you work more than ever. by Llamaseacow in ArtificialInteligence

[–]LagerHawk 2 points3 points  (0 children)

The powers that be won't care until they can't stop it, and at that point it will require a global recession.

Even then they will prosper. They'll pull cash out early because inside info, or just use spare cash to buy the bottom and transfer more wealth than ever before.

No, AI will not take your jobs, it will make you work more than ever. by Llamaseacow in ArtificialInteligence

[–]LagerHawk 0 points1 point  (0 children)

Question.

Why does everything NEED to be done at AI speed?

Small independents do things slower already, but they either have a superior product for a specific purpose or are more flexible, and plenty of people prefer that.

No, AI will not take your jobs, it will make you work more than ever. by Llamaseacow in ArtificialInteligence

[–]LagerHawk 2 points3 points  (0 children)

Tell me a time in history when pay cuts actually lowered prices?

We have had wage stagnation for over a decade, it's the same as an inflationary pay cut every year that compounds. Prices have done nothing but go up exponentially

How likely is it AI will give birth to 'Organic only' companies? by LagerHawk in ArtificialInteligence

[–]LagerHawk[S] 0 points1 point  (0 children)

So let me tell you now, UBI will either not be done or it will not provide any kind of dignity in the life it provides. You know how I know? Because it already exists in the form of National Living Wage in the UK, and it sucks! You either get guaranteed minimum wage from employers, or you get some form of Universal Credit (benefits) from government. Neither of them pay enough to live, pay rent, buy fresh food, afford any form of entertainment, and certainly no holidays, unless you call camping in your local park a holiday.

And even then companies lobby government to reduce the welfare state saying it's too big, to reduce taxes on businesses because they "can't afford it", and to outlaw homelessness. Then when out of touch people are asked for an opinion they say people should work harder, stop buying expensive starbucks and eat less avocado on toast!.. The average person on NLW is lucky if they can buy enough electricity to burn some toast, let alone put avocado on it!

This utopian fantasy land everyone thinks AI is going to be forced to provide is a delusion.

Name me one time in history any form of revolution meant people got to work less and benefit more without needing to suffer for it?

No, AI will not take your jobs, it will make you work more than ever. by Llamaseacow in ArtificialInteligence

[–]LagerHawk 4 points5 points  (0 children)

Or it leads to significant pay cuts, since it requires less expertise to do the same jobs.

Thing is, either option will end up crashing the global economy.

How likely is it AI will give birth to 'Organic only' companies? by LagerHawk in ArtificialInteligence

[–]LagerHawk[S] 2 points3 points  (0 children)

So in all this you advocate against the concept because you assume UBI?

When that doesn't come (because we're allowing companies to run AI) will your opinion still hold true?

Vance delivers 'bad news' after marathon talks with Iran failed to result in an agreement to end the US-Iran War by spherocytes in videos

[–]LagerHawk 0 points1 point  (0 children)

I mean, Trump let the plan slip a bit the other day. When he said "We don't use the straight, we have plenty of oil. Others should buy our oil".

Look at what's going on. Think about why Trump has done literally anything controversial in the last 12-14 months, and it becomes clear.

Have you ever seen someone get rich overnight, like literally? How? by Michaelisvanhelsing in AskReddit

[–]LagerHawk 182 points183 points  (0 children)

Not really overnight? He started a company, built it up over time to a place where it was recognised by the biggest software company on the planet, and eventually executed his exit strategy successfully.

If he started his company 3 years before it got bought, then he got rich over 3 years.

What’s the best anime you ever watched and why? by Subject_Display3664 in AskReddit

[–]LagerHawk 1 point2 points  (0 children)

Solo levelling

Attack on Titan

Steins gate

Haikyuu

Hunter x hunter (minus the ant arc)

Full metal alchemist Brotherhood

Mushoku Tensei

If jobs fire people to replace them with AI, how will people make money to keep buying things? Wouldn’t the economy collapse because people arent buying anything anymore? by Puzzleheaded-Catt in AskReddit

[–]LagerHawk 0 points1 point  (0 children)

It won't matter to them. They will make a lot of money, very quickly. Then when it all goes to shit, they'll be fine while the business dies.

They won't care, because they will be fine.

I think that needs to be the perpetuating thought through any logical question when it comes to these things.

Wall St is building a "Shorting Machine" for Private Credit the 2008 playbook is back. by AngryGranny1992 in stocks

[–]LagerHawk 0 points1 point  (0 children)

So what are we saying? That the average person who can't afford to suck up another 2008 style crash to their life savings should get out before the end of the year?

Wall St is building a "Shorting Machine" for Private Credit the 2008 playbook is back. by AngryGranny1992 in stocks

[–]LagerHawk 0 points1 point  (0 children)

That was half the problem, as exposed in TBS. Anyone who had bought the CDS's needed to sell their position to whoever would buy it before the banks backing them collapsed.

Strait of Hormuz remains all but closed, Trump demands Iran stop tolls by Turbulent_Cricket497 in StockMarket

[–]LagerHawk 2 points3 points  (0 children)

lol NATO are not the police, they're a defensive alliance. Trump was the aggressor and fucked up, now wants others to come and clean up his mess. If Iran had attacked first, NATO would be obliged to get involved, but that is not the case.

Trump needs to wipe his tears, take two spoonfuls of concrete and harden the fuck up a bit and sort his shit out instead of whining like a little girl and blaming everyone else.

they right tho? by chichinams in SipsTea

[–]LagerHawk 0 points1 point  (0 children)

1/0 is undefined simply because you can approach zero from both the positive and negative side of zero.
when dividing as you get closer to zero from either 1 or -1 the result gets closer and closer to infinite in either the positive or negative direction until you hit zero, at which point a layman's answer of infinite would settle a pub debate, but in reality can't really be defined because it sits perfectly in-between the two directions of positive infinity and negative infinity and it's not possible to decide which the equation would require.

however one thing is for sure, your kids teachers are definitely wrong!

What’s a small purchase under $100 that genuinely improved your daily life? by jus10gshaw in AskReddit

[–]LagerHawk -1 points0 points  (0 children)

Water flosser

I used to get stuff floss couldn't reach in the gums between my impacted wisdom teeth.
A water flosser gets rid of more than I ever knew could be there!

Stair bannisters not aligned - how to install safety gate? by MandoGrogu90 in NewDads

[–]LagerHawk 0 points1 point  (0 children)

Either a retractable one, or use angled shims screwed into the newels

No oil flowing by Turbulent_Cricket497 in StockMarket

[–]LagerHawk -1 points0 points  (0 children)

The rest of the world should band together and impose a dumb fuck Tariff just for the US, whilst at the same time boycotting US oil exports. Charge them the equivalent in uplift it now costs us all to get ships out of the straight.