304 karma · joined May 31, 2024
If China takes TSMC, the USA may loose their dominance in IT.
The NASDAQ would collapse overnight.
Both the governments and the companies are counting on the underlings to stay put.
While it is harder to switch country than it is to switch employer, the optimal strategy for the citizen/employee is the same in both cases: Hop to the better deal as soon as there is one available - show no loyalty, you'll never get any in return.
You keep seeing startups with ex-Googlers that think they can "disrupt" Fintech with Google's "secret sauce" ... this tends to go badly.
I've had to clean up one of these messes where, in all seriousness, even a pre-2000 LAMP stack (never mind Java) implemented by people who understood the finance domain would have worked better.
Without SQL there would have been no way to determine the extent of the issue.
People forget that SQL is the only 4th gen language in common prod use.
Python, Java, C# are only 3rd gen.
The IT industry is dominated by bad (and overpaid) managers, where the only useful function they provide is to aggregate information and pass it up the report chain.
If ever there was a role suitable for replacing with AI it is this one.
Americans are just fatter.
They'll fetch you all the latest libs, best practices, code samples, etc.
But they have no idea how to apply it to the business case at hand, how to secure the code, what real world edge cases to protect against.
And half the time their code is suboptimal or doesn't quite compile ... and wait till they try complex async ...
It's a force-multiplier for good/experienced engineers, but it's going to devastate the market for white-collar sweatshops.
The current digital ad industry is doomed.
On the prior point of is it affordable, local storage is not just affordable, but is now cheaper than a subscription.
We'll have to start by replacing the CEOs and work our way down as AI costs drop?
Step 2: the CEO sells out the rest of the C-Suite for an even bigger year end bonus.
Step 3: the shareholders replace the CEO, promoting one of his now AI automated fellow C-suite, to maximize shareholder profit.
It's corporate hunger games ... just without winners.
But it's still WAY cheaper than upper management salaries, so, to employ classic MBA logic, they are the optimal staff to replace so as to maximize cost savings.
In fact if you want weasel words, follow Musk (although that's more a rabid weasel ... or perhaps a hyena).
If Twitter's decline is anything to go by, one might assume that Tesla succeeded despite Musk ... just a right product at the right time ... and he got lucky.