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Where do you see the World heading? Tech seems to have slowed down, huge Companies letting people go

  • 18-01-2023 10:43pm
    #1
    Registered Users Posts: 15,498 ✭✭✭✭
    Ms


    Companies like Amazon, Microsoft, Facebook and Twitter.

    So what's the next big industry to come in the World. Could it be Space or something else entirely?

    Live long and Prosper

    Peace and long life.



«1

Comments

  • Registered Users Posts: 6,162 ✭✭✭Silentcorner


    I think Globalism has gone as far as it can, massive corporations are terrible at innovation and ESG will f##k them in the mid to long term, countries with a rich culture of entrepreurship will be fine, others not so much!



  • Registered Users Posts: 15,498 ✭✭✭✭AMKC
    Ms


    What's ESG?


    So Ireland is fu-cked then.

    Live long and Prosper

    Peace and long life.



  • Moderators, Category Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 36,975 CMod ✭✭✭✭ancapailldorcha


    AI. It's only getting better and better which means it's going to start replacing white collar workers very soon.

    We sat again for an hour and a half discussing maps and figures and always getting back to that most damnable creation of the perverted ingenuity of man - the County of Tyrone.

    H. H. Asquith



  • Registered Users Posts: 4,009 ✭✭✭joseywhales


    I've often wondered if eventually I will be replaced by an AI. Certainly the speed of advancement is unpredictable but I still don't see it. Like people were raving about chatGPT and you can get it to write some boilerplate code from scraping stack overflow or whatever. I just don't see an AI getting the full development cycle down. Gathering requirements,procurement of data and testing data, architecture and design, high performance scalable code, operations and support. Certainly I see it as a tool for each component of the dev cycle but I'm not sure it will reach a point iny lifetime where we can just ask it to produce a daily quant equity factor model and portfolio rebalance for example. Like it's hard for me to imagine humans not directing.



  • Registered Users Posts: 1,603 ✭✭✭Economics101


    Globalisation has gone into reverse thanks to Trump, Xi and perhaps Covid. This will cost consumers and other a lot in the long run. Protectionism always does, as anyone with an inkling of Irish economic history should know.

    I should have thought that innovation is what makes many companies grow big in the first place.



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  • Registered Users Posts: 7,695 ✭✭✭StupidLikeAFox


    It is difficult to predict with certainty what the next big industry to emerge after tech will be, as it depends on a variety of factors such as advancements in technology, changes in consumer demand, and global economic and political developments. However, some industries that are currently seeing significant growth and have the potential to be major players in the future include renewable energy, biotechnology, and the cannabis industry


    *This was written by ChatGPT



  • Moderators, Category Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 36,975 CMod ✭✭✭✭ancapailldorcha


    Maybe. I don't know. What's a certainty is that a lot of jobs will. The only roles I see that have any sort of long term security are people-facing roles and anything with a lot of variety. Stuff like data analytics can probably be done by AI either now or very soon.

    We sat again for an hour and a half discussing maps and figures and always getting back to that most damnable creation of the perverted ingenuity of man - the County of Tyrone.

    H. H. Asquith



  • Registered Users Posts: 4,009 ✭✭✭joseywhales


    Yeah exactly, it's like it trolled itself with that last industry lol.



  • Registered Users Posts: 21,290 ✭✭✭✭ELM327


    AI is not self aware, it's suggesting the most likely text block based on prior observed billions of examples. It's using hive mind, but has no conscious awareness of what its doing.

    If you ask it a question like, My name is ELM. My mother has 3 sons, two of them are ELM2 and ELM3, what is the name of the other son?, it will not be able to answer.



  • Registered Users Posts: 13,074 ✭✭✭✭jmayo


    Facebook and Twitter are fooking talking shops for morons and ways for talentless eejits to display what they have or do.

    Where would Facebook and Twitter be without real tech producing companies like Apple, Samsung, Google.

    I hate when those clowns are seen as technology companies.

    At least Amazon gave a source of cheap products and AWS.

    Oh and a lot of Amazon staff let go are not going to be the ones that will drive innovation, development.

    They will be low level grunts.

    Microsoft for all it's history of shyte products at least gives us products that are contributing to daily lives.

    Tech is not dead, it will continue and if you want to see some of it's futre check out where porn is going.

    A lot of future real technology developments will be around environment, it just has to be.

    Globalisation doesn't benefit everyone.

    I know it is loved by some for the very reasons you gave, Ireland did well out of it and you can cheap consumer goods because they are built at slave labour rates by some poor smucks, often kids in some far off land.

    We have managed to get the major technology companies here, we have pharma and bioengineering, but it hasn't benefited the old industrial heartlands of major Western economies.

    That is a major contributory factor as to why Trump actually got into power.

    Oh and globalisation has been very bad for the environment - about the only thing I agree with the greens on.



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  • Registered Users Posts: 1,603 ✭✭✭Economics101


    jmayo: you say "Globalisation doesn't benefit everyone". Correct, but there are very few things that benefit everyone. The real question is do the benefits outweigh the costs.



  • Registered Users Posts: 24,208 ✭✭✭✭recode the site


    AI is indeed going to replace an awful lot of processes…and people. There’s a current need for people to learn and work in developing AI, but the idea is that it will develop itself anyway through deep learning. So it will ultimately replace a lot of IT workers.

    Can I get away with anything if I pay the piper, so to speak?



  • Registered Users Posts: 7,695 ✭✭✭StupidLikeAFox




  • Registered Users Posts: 21,290 ✭✭✭✭ELM327


    Thats interesting. There was a viral post recently on twitter where it did not know. Maybe the amount of people asking it forced it to learn.



  • Registered Users Posts: 6,427 ✭✭✭Badly Drunk Boy


    It's learning....but it needed the nudge "Yes it is". Otherwise it would have stopped after the initial response (I presume).



  • Registered Users Posts: 2,279 ✭✭✭Hoop66


    I think one of the next big industries will be Materials - battery tech, superconductors, that sort of thing.


    There are a number of breakthroughs that are (maybe) just around the corner.



  • Registered Users Posts: 18,376 ✭✭✭✭kippy


    Tech aint going nowhere.

    Amazon and Microsoft control the backbone of regular business. A bit of downsizing and consolidation.



  • Registered Users Posts: 17,904 ✭✭✭✭rob316


    Its just a correction now the post pandemic hype has died, back to 2019 levels of slow slow growth.



  • Registered Users Posts: 6,767 ✭✭✭timmyntc


    The fact that it doesnt recognise when its wrong is a fatal flaw

    If you cannot trust it to relay correct information to you, then what good is it really? It will still need a human to intervene and check it's work, so it will never fully replace humans in various roles.



  • Registered Users Posts: 26,984 ✭✭✭✭GreeBo


    We dont trust humans implicitly and in fact a lot of the org structure is about having someone check the output of those below...



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  • Registered Users Posts: 24,208 ✭✭✭✭recode the site


    The human mind doesn’t quite know if it’s right or wrong, it looks for evidence, it goes down rabbit holes of conformational bias and even the most brilliant of minds need peer review. In time to come collective human mind type reasoning might be achieved by AI, but it’s a long way off. I’m seeing theoretical projects, eg in LinkedIn where brain mapping is being utilised to model future AI. All very fascinating.

    However human beings are first and foremost going to be the supervisors of AI, after all we cross-check each other all the time.

    People-facing roles are always going to be fundamental as we are essentially social creatures and cannot exist well without each other.

    Can I get away with anything if I pay the piper, so to speak?



  • Registered Users Posts: 6,767 ✭✭✭timmyntc


    exactly - and this is with humans who are capable of critical thinking and abstract thought and whose intelligence is on a whole other level compared to ML models like GPT3

    The idea that white collar jobs, or data analytics or anything else will be entirely replace by AI is delusional. Not in our lifetime. Ironically its mostly the people who dont work with ML/AI who make these broad predictions. In reality current gen "AI" is a better set of tools for speeding up a humans tasks than tools that previously existed before. They dont replace anything just as previous incarnation of stuff didnt, it saves time but the human worker is crucial in the process.



  • Registered Users Posts: 24,208 ✭✭✭✭recode the site


    Data analytics, cyber security, front end & lots more are relying more on AI tools, so some of those “laptop tasks” are very likely to be increasingly automated. Difficult to predict what exactly it will look like in 5 years time.

    Can I get away with anything if I pay the piper, so to speak?



  • Registered Users Posts: 43,023 ✭✭✭✭SEPT 23 1989


    these companies expanded rapidly for a world that thankfully does not exist today



  • Registered Users Posts: 11,393 ✭✭✭✭Flinty997


    You guys need to get history book and look at how often recessions and tech bubbles burst in the past.



  • Registered Users Posts: 6,435 ✭✭✭SuperBowserWorld


    The big tech cos overhired hugely during covid.

    But tech is still underlying everything we do.

    More and more stuff will be automated and AI will help there.

    Until AI takes over.

    Maybe it has already.

    Just look at the government,🤣



  • Registered Users Posts: 11,393 ✭✭✭✭Flinty997


    Computers will take over, Internet will take over, the cloud will take over, robots will take over.

    Will you give over.



  • Registered Users Posts: 4,958 ✭✭✭kirk.


    ....



  • Registered Users Posts: 25,646 ✭✭✭✭Mrs OBumble


    Elder care.

    Geriatrics ( the medical specialty).

    Sustainability / renewable energy.

    Applications of self driving or guided driving based on the last two; we will travel at the most energy efficient speed, not the most popular one.



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  • Registered Users Posts: 5,273 ✭✭✭xxxxxxl




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