mozz@mbin.grits.dev to Technology@beehaw.org · 8 months ago"We're nowhere near the point where an AI can do your job, but we're well past the point where your boss can be suckered into firing you and replacing you with a bot that fails at doing your job." (Plpluralistic.netexternal-linkmessage-square65fedilinkarrow-up1260arrow-down10cross-posted to: technology@lemmy.ziptechnology@lemmy.world
arrow-up1260arrow-down1external-link"We're nowhere near the point where an AI can do your job, but we're well past the point where your boss can be suckered into firing you and replacing you with a bot that fails at doing your job." (Plpluralistic.netmozz@mbin.grits.dev to Technology@beehaw.org · 8 months agomessage-square65fedilinkcross-posted to: technology@lemmy.ziptechnology@lemmy.world
minus-squareMorgoonlinkfedilinkarrow-up7·8 months agoThe investment class realized it’s way more profitable to cellar box a struggling company and that you can short sell the stock and never have to pay up when the company goes bankrupt. Free money!
minus-squaremozz@mbin.grits.devOPlinkfedilinkarrow-up3·8 months agoYeah, I think they’re getting better at recapturing all the useful flesh any time that happens, now.
minus-squareRandoCalrandian@kbin.sociallinkfedilinkarrow-up1·8 months agoBetter at? They fucking count on it. I’ve watched companies get stripped to the bone and then the bones sold off. Doing that was their core business model.
The investment class realized it’s way more profitable to cellar box a struggling company and that you can short sell the stock and never have to pay up when the company goes bankrupt. Free money!
Yeah, I think they’re getting better at recapturing all the useful flesh any time that happens, now.
Better at?
They fucking count on it. I’ve watched companies get stripped to the bone and then the bones sold off. Doing that was their core business model.