2024 looks to be the year when AI takes a bite out of the middle class. Today, Google announced job cuts which are almost certainly the result of generative AI replacing humans.
Google used to have humans do sales guidance for its products, create art assets, and decide on text and layouts, but now AI can do it a thousand times a second.
It is telling that someone in a privileged position (in terms of information) would put such a large and expensive project on hold. Here is another sign that AI will do major damage for the average person and concentrate wealth and control into even fewer hands.
I’m wondering if any of these companies hosting AI products like Google, Microsoft, and OpenAI are actually making any money, or are subsisting off investor capital.
That’s not to say that I don’t think there’s money to be made with AI, but I can see those using OpenAI’s API making more money than OpenAI. It costs a lot of money to run AI, from what I understand. The subscriptions are relatively cheap even if they seem expensive.
Hello,
According to me AI in 2024 is beginning to impact the middle class ,Google recently announced job cuts, which are likely due to generative AI taking over tasks previously performed by humans. Now AI start doing sales guidance, creating art assets, and deciding on text and layouts, which were once done by humans.