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Watching the Generative AI Hype Bubble Deflate
(ash.harvard.edu)
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this post was submitted on 22 Dec 2024
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This is literally the hype. This is the hype that is dying and needs to die. Because generative AI is a tool with fairly specific uses. But it is being marketed by literally everyone who has it as General AI that can "DO ALL THE THINGS!" which it's not and never will be.
The obsession with replacing workers with AI isn't going to die. It's too late. The large financial company that I work for has been obsessively tracking hours saved in developer time with GitHub Copilot. I'm an older developer and I was warned this week that my job will be eliminated soon.
So the company that is obsessed with money that you work for has discovered a way to (they think) make more money by getting rid of you and you're surprised by this?
At least you've been forewarned. Take the opportunity to abandon ship. Don't be the last one standing when the music stops.
I never said that I was surprised. I just wanted to point out that many companies like my own are already making significant changes to how they hire and fire. They need to justify their large investment in AI even though we know the tech isn't there yet.