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Posted by planetjones 7/3/2025

CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs(www.wsj.com)
37 points | 40 commentspage 2
nunez 7/3/2025|
Of course it won't wipe out part of the half that attends the "Aspen Ideas Forum". No way.

The other part of that half that doesn't get wiped out will have more work while, at best, being paid the same.

Once-in-a-lifetime opportunity, all right.

jamesgill 7/3/2025||
'AI' doesn't make hiring, layoff, or corporate strategic decisions. Public pronouncements speak of AI as some disembodied, inevitable agent out there directing the world, when really it's just humans engaging in competitive capitalism.

TL;DR: We always have a choice. And as we often do, we're choosing capitalism.

credit_guy 7/3/2025|
As opposed to what?
paulddraper 7/3/2025||
Yes?

What do you think technological advancement does?!?

It removes work.

Now, if you say that unlike for every other time there isn’t more opportunity created…I guess you have an interesting point.

But yeah — duh.

I don’t know many assembly programmers. They’ve been “wiped out.”

nobodyandproud 7/3/2025||
It replaces one type of work with another, and reduces quality.

Automating, then, commoditizing, then centralizing has lead to a drastic reduction in food quality and a critically vulnerable food-supply chain.

We’ve started down a similar path where we do not know how to manufacture.

The logical conclusion isn’t just losing workers, but the science and understanding, due to short-term gains and inability to train the next generation.

bzzzt 7/3/2025|||
> I don’t know many assembly programmers. They’ve been “wiped out.”

There never where enough assembly programmers to create all the business and leisure software we have in assembly anyway.

There are quite a few left, but they do foundational work at CPU or other hardware companies or are building compilers and runtimes others use. In other words: you're not in the same circles.

bigfatkitten 7/3/2025|||
> I don’t know many assembly programmers. They’ve been “wiped out.”

I know quite a few. Turns out there’s still a lot of value in understanding how computers work.

They make enormous amounts of money reverse engineering binaries and developing exploits for sale, mostly to governments.

fsmv 7/3/2025||
Hi I write in assembly for fun. Definitely not paid for that though.
sandspar 7/3/2025||
Could be a FUD article for clicks. But in my limited circle I've noticed lots of people simply... drop out. Like they get fired or quit then basically retire in their mid 30's. I don't know where these people are getting money from. Some people have kind of half-assed business ideas, like one of my buddies is designing his dream board game, another buddy is building an online wine merchant portal or something. In general I notice that the smartest people in my life have bifurcated into two camps. Half of them have retired, more or less. The other half have been afflicted with frenetic energy, trying to grasp all they can before the window closes. I dunno.
rightbyte 7/3/2025|
> I don't know where these people are getting money from

Inheritance?

sandspar 7/3/2025|||
Quite possibly. Along with all the other crosscurrents right now, you have a fabulously wealthy boomer generation starting to give their wealth to their children. If I'm not mistaken, the millenial generation has a lower average wealth than previous generations, but the millenials with inheritances or family money are doing much better than almost any generation before.
bzzzt 7/3/2025||
I don't know if actually being able to afford real estate is 'doing better', it's more a 'not doing worse' situation imo.
nunez 7/3/2025|||
Definitely inheritance.
derbOac 7/3/2025||
"In interviews, CEOs often hedge when asked about job losses..."

True, but other CEOs often like to be dramatic and the center of attention, wanting to be seen as bold, cost cutting, and at the forefront of trends, whether or not they are accurate in anything they say.

I've been around long enough to see that boldness become a source of regret at times. If someone refers to AI slop, it's widely understood what's meant. Putting slop at the center of your company personnel strategy doesn't sound quite as appealing.

The quotes at the end of the article seem more thoughtful to me, more realistic and measured.

throwawayoldie 7/3/2025||
...they've been saying that out loud for a few years now.
nikunj___2 7/3/2025||
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TesterVetter 7/3/2025|
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