The 60 days pay thing is a legal matter. Essentially, when companies of a certain size in the US lay off large numbers of workers, they must provide 60 days notice, so they remain employees on the payroll for those 60 days, and then the next 16 weeks they are ex-employees receiving severance pay.
One thing I find annoying about furniture stores like Leon's is salespeople who come up to you, walk around, check in asking if you need help, etc, when I'm just trying to look at coffee tables. It makes me want to just go to Ikea where I just get ignored until I ask.
When the customer service weirds you out, either the company is terrible at business, or you aren't the customer they want to see. Leon's wants customers who crave being catered to. Ikea wants customers who crave getting lost in a maze and eating a cheap hotdog when they finally find their way out 😅
Why would you go to a store if you didn't want to talk to a store employee. It sounds like you may have wrong social expectations or you have social issues. Lol
@AgatoNtB LITERALLY!! Stock is up 5%, executives recieving a 500 million dollar bonus, and they announce a 15 billion dollar purchase of some other company. At the same time they fire 10% of their workers
If these executives want to know why having advertisements with a voice assistant is annoying, just imagine that every time you talk to an employee they tried to sell you something. It would suck, right?
Your secretary keeps telling you about stuff you don't want to buy and wastes your time, actively annoying you and keeping you from getting utility out of them.
It makes sense if they do it right. Like for example you ask about product and it gives you recommendations etc. We have to understand that these things are extremely expensive to make and money needs to be made off it somehow or it will get scrapped
@@dbagdi1998 in the correct context maybe, but you can't expect a voice assistant to be a major stream to serve advertisements. If I ask my assistant to set a timer for 30 minutes I don't need an advertisement I need a timer set for 30 minutes.
The problem with services like Alexa are how they try to advertise. They started adding 'Sponsored Content' to the homepage when it looped through weather etc, and stayed for around 5-10 seconds. People hated that. They started advertising groceries at the top of the grocery list for the Alexa app's list/to-do section. People hated that. What Alexa management doesn't understand is users like me who love the alerts/features like package arrival, weather alerting, etc which drives traffic. Just it telling me what I WANT to hear gives me a positive outlook on Amazon as a whole, and every time I hear Alexa's voice, my brain thinks "Amazon," a few times reminding me to purchase something. However, Amazon has seen Alexa as a loss not for its hidden value, but it's upfront value. It's a real shame how disconnected these execs are. They don't realize just how much background recognition/traffic the products bring in. It's like how every company I've worked for, the IT department was seen as a loss rather than a profit. The reality is... it's neither. You need things to keep running to profit. IT is an expense, but it's not a loss. If anything it's a beneficial expense, but management only sees what it costs them and it feels like it's hard to find a company that truly understands the value some expenses can have.
I always spec a tool department when designing factories Out of the 27 factories built by my plans, all who hired and set up a tool department with toolmakers are currently running. One of the others still is. (17/10 split for reference)
While I find the sponsored content on the home pages annoying, I don't mind them on the idle screens. I kinda wish they'd lean into that more so as to not have to shove ads into other parts.
This comment is dangerous because you're pitching a business model that's potentially worth billions of dollars through a random comment in a relatively obscure video. And while it sounds consumer friendly on the surface, it comes with some very dark Orwellian implications.
I am in the IT business for over 25 years now. I worked many years for tech giants like IBM and AT&T. It is the same story everywhere. Management wants to get big bonus and present good numbers to get them. Laying off people is a method to save money on the short term. Usually when a company announces to lay off many people the stock prices go up. Management gets a bonus. But if this long term hurts the company there will be no consequences for the management. As with those mass layoffs you don´t just lose workforce, you also lose knowledge. IBM had once layed of most of their mainframe experts as everybody believed that mainframe is dead. Then they had to hire them back from retirement for 2-3 times the salary from before. There are of course other factors. With acquisitions you usually get new people in the company, but not all of them might be top performers. So laying off people is a easy way to purge the company of those. The last and worst reason is that most companies still believe that all work can be transferred to low cost countries. India and even China is still popular for IT companies. I have experienced this a lot and my experience was never good. Take India as an example. I had only bad experience with it. It is not that there are no good and skilled people in India, but the tech giants tent to hire only the cheapest. Then you get staff that might have passed certifications, but only with the help of testking and other methods to memorize answers on test questions, but have no grasp of the thing itself. I had >30 "programmers" in India working for me and most of them did not even know how to use GIT. The code was of poor quality and not reusable, long term not maintainable. We have switched to resources in Costa Rica then and started to hire more expensive, but skilled people.
"Things Microsoft care about, Cortana, Bing..." Two things I always disable/remove *immediately* after an install. Good work MS. Reading the room. Good work.
One difference between getting confidently wrong responses from something like ChatGPT vs search results that are confidently wrong from something like Google is that there are so many other cues to go by in terms of judging the reliability of the source when it comes to those search results. My own impression is that we already have a big problem with how uncritically people tend to react to ChatGPT responses compared to other options, and even if we get past that... how to even judge the reliability or even what the source is of anything spat out from something like ChatGPT properly. (That is not to say it isn't amazing in many ways... just, some aspects seem quite problematic at this point.)
to illustrate your point: if I search for medical information I know to trust the nhs uk website, and not trust some holistic blog website. The TLD provides a lot of trust. when ChatGPT puts all of that in a blender and spits it out, how am I supposed to know which pieces come from soccermommyblog and which pieces come from NIH?
I think Bing's variant has the right approach of having the AI cite its work, so you at least get an idea of what sources it's pulling its information from. From there you can make your judgement on whether or not it's accurate.
From what I read a ChGTP query is 100x more expensive than a Google search. As soon as they slap a price tag to the basic functionality - a huge % of people will stop using it.
@@revelmonger That's API access. The most hype I've seen is around the free test model, that requites only a free account. A paywall is a paywall. UA-cam for years tired to force people to buy the premium sub. When there's free alternative - people will choose it, even if it's a worse experience.
@Pyrus US Military canceled them due to controversy created by Amazon and Google, the same way a lot of Xbox deals get ruined by Sony. It seems that the OG Microsoft competitor is the only one that doesn't try to ruin them, this competitor being Apple.
I feel like saying "I need a pencil" and someone gives you a pencil is a super natural interaction, but trying to convince someone they need a pencil is always an unnatural interaction. I think the biggest fallacy in marketing is that if they just get more creative they can get around it. Yesterday is was subliminal billboards and tomorrow it's AI with bias twords sales 😂
Eh, I don't think convincing people of a need is unnatural at all. People inform each other of sales all the time, and I've personally tried to convince people they need something after using them before; list includes specific badminton rackets, computer mice, earbuds etc. It's ofc happened the other way too. It's more the way it's currently commercially done is just missing something. That something can't just be the commercial nature; I have bought e.g. rackets from places that gave a friend commission (and me a discount). It also can't just be frequency; I've had friends who shows off something new every few days and is convinced we are missing out on life without it. I think the secret sauce that is missing is some level of trust that the recommendation has the purchaser's best interest in mind (even if ultimately mistaken). This hasn't really been remotely possible in the past, but with current AI tech is probably closer to "next to impossible" now. Once that needle moves a bit more, maybe once people have alignment somewhat figured out, maybe it's possible have genuinely good ad pitches.
@@randomnobody660 Problem is deeper than implementation. Free Market Economy optimizes for satisfaction of human desires, not human needs. Even though there is a large overlap between the two, there is also an important distinction since not all things that we want are actually good for us and likewise, we maybe aren't aware of certain things which might be good for us but aren't so easily desirable in the short term. That said, I firmly believe in free markets and personal responsibility that people can take for their actions.
@Isaac Dennis You start a business if you can find value in places where others couldn't. That value is real, not just for direct customers/clients but also for the whole economy and everyone's living standards. Surely, such new valuable product or service needs to be advertised. If you were writing with a feather and ink and didn't know about existence of pencils, you could definitely benefit if someone told you about them.
It's not a fallacy at all, there's plenty of instances where marketing successfully tricks people into buying shit they don't need. Be it social pressure (like the example of the jewelery store sales person looming over your shoulder) or little psycological tricks like buy 2 get one for free, there's always a certain percentage of people it works on, else it wouldn't exist. I can think of plenty of examples where a chatbot could trick you into buying something you don't need, just like human salespeople. In the future when amswering a question, chatgpt will have a decision to make, either provide the answers that are most helpful or those that have the highest chance of making you buy something.
Regarding what Luke says about paying for Teams: It's not just chatting, it's a mix of several features, like accessing via single sign on, the feature of external users being able to chat and their access to different channels, files and statuses can be granularly configured, automation for creation of accounts or for allowing/blocking messages from selected domains, integration with SharePoint, wiki section for channels, ease of use when creating meetings, etc. Unfortunately, Slack and Discord don't have the features Team does. And I hate that because their UI is a thousand times better than Teams'. If anyone at Microsoft reads this: Instead of firing so many people, relocate them to help with testing and development of effing easy to use user interfaces. Half of MS products have such a hard to use not intuitive user interface that it makes the product half as good as it is behind all of that.
A thing to be careful about with hiring too conservatively, is that it can also mean that your employees are always underwater/overloaded. While it can work well for many types of companies, if my tech company hired using the ‘look back a year and assume no growth’ model, everybody else would just quite, because they would be way overloaded with client work. We have to try and forecast out how much revenue we expect in the next year to project hiring.
It is not bad to grow your company, but some companies saw their revenue skyrocket during the pandemic due to various reasons and started overhiring, falsely assuming the money coming in will never end. Training employees takes time and effort as you are just wasting time and resources. So clearly more work needs to be put in to make educated choices when hiring.
In the US, we have something called the WARN Act, which says you have to give employees 60 days notice if a large number of employees in the same location are laid off. So that’s why they are giving them 60 days notice, and then after that severance. I’m a tech worker, and the max severance where I work is 6 months, and for that you have to have been with the company 12+ years (they divide your years of service by 2 determine the number of months of severance).
My first few jobs from leaving school was in retails stores. One place literally drilled it into us to ask every person whether they would like to have a store card. Personally I found it really annoying and didn't bother asking half the time. The thing with a lot of businesses, even places like Tesco's (sorry, I live in the UK) have this way of thinking that everyone should have a store card or loan or whatever a very small percentage of people will actually ask for. They make alot of money this way IF they can force people into buying or applying for that service. It's like if you tell someone not to think about elephants. If you tell people, oh well we have this offer on that allows you to spread the cost of something, some people WILL like that and go for it. I have always been 'Will, if they would like that option, they will ask about it'.
In my area i have tesco, kaufland, coop and lidl. I have card to none of them and never will, i value my privacy more. Also dont use credit card and pay in cash or gastro card (witch i hate/like, but at least it track were, when and the amount, not what i buy). My behavior is so out of the norm i was followed by police 2 times, probably on a watch list for some time, ask really weird questions and questioned about information available only on special request. I think they have the impression i was into drug dealing or something since there was almost no financial records, appear in weird places at weird times and rarely use phone or GPS.
Just going to say... if you are using teams slack gsuite, you probably need to look at your stack... teams is really great when you are using 0365 and sharepoint as your back end. It's value rapidly decreases the second it's not being fed from sharepoint.
These hire/fire cycles happen at every company over 1000 employees. The reality is this: When companies are doing well, management optimism permeates the entire organisation. Each manager builds this into their hiring practices partially because hiring vecomes based on expected future performance and not historical or current performance. This accumulates into massive overhiring. Secondly, because turnover increases (due to a hot job market) the lag/lead time between people going out and people coming in results in it being unclear how many people are actually needed. Again… in optimistic times the result is managers across the board leaning towards overhiring. Then, when the CFO sees the numbers are slowing, they’re already too late. By then you’ve probably got x% too many in the system. It’s bad controlling. Bad forecasting.
Workforce planning (forecasting) is tough, especially when it involves attempting to include economic drivers. A standard method is having a baseline of employees and using contractors to fill in the extra demand that can follow turnover cycles: but this doesn't completely avoid the initial problem.
10:10 I am exactly the same way. Years ago I had a sales position in a retail store and I could not understand the things I was expected to do because they were all things that make me leave a store when someone does them to me. Only job I was ever fired from.
Got to get the moto 'dotn be evel' out of the company somehow. It is not going to be enough just pretending people forget or do not question the actions of ABCDE....
it's to prevent salaries from becoming too high on the IT sector. This is a known strategy on more... physical-related industries, like chem and manufacturing sector. You fire the higher salaries in the production floor, hire new people with lower costs (and salaries) and keep the cost down. On critical positions you try to prevent salary rises by offering benefits and other services that cannot be included in hourly pay and will cost you only when used, which also prevents it from becoming a monthly expense (how often have you seen people using the chill out room with free vidyagames?). It's an insidious strategy and pretty much every big company, from pepsico to GE use it to prevent cost-hike over time.
In my job as a web developer, an awesome application for chatGPT would be to replace the need to document code. If you're hunting down an issue in an old app that nobody really knows anymore, instead of trying to find someone on slack that might know how it works, you could just ask the ai and have it tell you how it works, and even direct you to specific code files and repos where you can find what you're looking for.
Considering how frequently I've seen chatgpt literally making up references for citations I don't know if I could trust it over even negligible amounts of documentation.
That's not what ChatGPT is designed for though. It is designed to *make up* syntactically correct sentences based on a writing prompt. In other words it is designed to emulate 9th graders in a Language Arts class doing a creative writing assignment.
Why is job security seemingly so scant these days? People that have families need that job security and people just starting out want to save up for putting down a deposit for a house, getting a car, and starting a family. People aren't really going to feel as though they can do that if they don't know if they will be able to pay their mortgage in a few years because they've been fired through no fault of their own, and people that already have families see these mass lay offs and start to feel incredibly stressed out because they're worried they might end up being culled in the next round of lay offs despite being a good worker, then how will they be able to keep paying the mortgage to keep the roof over their kids' heads?
Maybe they can integrate a selling portal into gpt3, where you could essentially buy straight from them. The AI would be your personal sales helper, and OpenAI could charge a fee to any company that want their stuff to be sellable through chatgpt
100% correct about the "aggressive" sales-people and not buying because of it. :) We have an audio/video store at the local mall and i will never enter that store again. Went in to look at my future phone (already ordered) and check out some TVs and that guy just would not leave me alone and when i was firm in not wanting the attention he just kept hovering. Drives me mad. They will never EVER sell me a piece of hardware. That guy even "prowls" around outside their entrance trying to "welcome" (drive customers into the store) Because of this i avoid them like the plague. Linus is not an "introvert", no one likes these kind of sales people. They drive away business. People like to "window shop" and to take their time. What is important however, is to be available when customers decide that they want help and then offer the help that they are asking for, and nothing else.
I think they will sell ChatGPT to businesses along with Teams and other tools. They will make it so you can train it on corporate data sets to simplify finding internal information. They will also use it to assist developers and improve github copilot for enterprise customers. It will help write unit tests, documentation, suggest code improvements etc.
7:57 The "confidently wrong" part is the problem. The model isn't optimized for accuracy, it is optimized for convincing me it is accurate. There is a big difference. Spotting a mistake from a human is... doable. Spotting a mistake from a machine trained to convince me there is no mistake? Don't like my odds
I don’t know enough to have an opinion, but I have seen the idea floated that these firings aren’t a management miscalculation, but instead an intentional buffer for poor economic conditions. Their stock did go up, as you mentioned. But at the same time that seems far-fetched.
Well it did, but CEO of Microsoft (and most likely the other chief executives if I put a small amount of effort into it) received a 10% raise to $55 million in 2022, which carries over as "expected payment" for 2023....so the company has to earn that much more money for her (and the other executives) to receive that money, and 10,000 jobs not being paid is a pretty easy way to get that lol. Who would have guessed that when prices go up while more people keep getting laid off (while others are making the same amount they probably made 10 years ago when prices were nearly 20% lower) in an economy where the people are supposed to spend money to circle it back in would start failing? We should have asked a fortune cookie!
Over-hiring in boom times and trimming down in lean times is fairly common for large companies. In particular, at the volumes they have to hire, it's more effective than trying to hire exactly what they need, since inevitably some of those employees won't work out.
All tech companies laid people off. Most tech companies fired about 5-7% across the board. Meta, Google, Microsoft, and even the company I work at laid off a ton of staff. It wasn't based off of growth, it was based off of everyone else is doing it too.
@PostageDew Not necesserily they themselves doing it, but economy is always on a downward slope and things become more expensive. We've reached the point where there's no more spare cash to suck out of the consumer. Just wait until 2030 kicks in, and they ban new gasoline car sales. Sinec electric cars are out of the price range for most people, there will be a massive rush to get whatever gas junker there is and the prices on even used gas cars will go through the roof.
I think chat GPT is gonna sit on this testing phase for a while, let everyone integrate it into their lives, then pull the tug out from under them and start charging, all these companies who will be heavily reliant on it by that point will have to pay and it will quickly be thr industry standard thing so everyone not using it will cough up the money to do so
Talked to a Google employee who was fired after 19 years and 6 months working with the company. Absolutely insane how little these giant corporations care about employees even if they have good reputations in tech/developer circles.
@@louisp8561 yuppp, no matter how bad the economy gets, people will always have health needs, especially hospitals. However, I would love nothing more than to loose my job because everyone is in perfect health, but that's a fantasy.
reason i stop watching tv and have 3 add blockers are constant barrage of ads everywhere and i use google most of the time as a dictionary since i am not native english speaker, not only for spell check but often search meaning of the word if i remember it correctly. I get so used to not seeing them that when i use other PC i get frustrated in 2-5 seconds.
As someone who's been hiring some coders in the last 6 months, I can say those people's skills will be welcome in lots of places. There's a shortage of that sort of talent - plenty, but the cost is driven up due to more demand.
I mean I always hated the voice assistants because they were just so bad. Cortana didn't know anything about anything. Early Alexa would tell me i should install some special app if I want that functionality, later Alexa was basically just reading off the top Google result for the question.
The issue with voice assistants selling you things is that it takes up the entire content flow. You can either talk about what was requested OR you can talk about buying something, but you can't do both at the same time which is where the issue lies. If you search something on google it is presented in a text format and generally you can intake a lot more information (be it advertisements or your results) at the same time. Voice assistants should be the product, and that's hard for these companies to wrap their heads around. Alternatively, what is heard by the microphones could be tailored to your advertising ID and be used to present ads in text-based platforms.
It's important to remember that there's a distinction between GPT3 and ChatGPT. ChatGPT is simply using the APIs provided by OpenAI to access GPT3. You've been able to ask for access to these APIs and there is a pay model already in place. You could have built a ChatGPT prior to ChatGPT being released using these GPT3 APIs.
@@OscarThornSwe Fair. My point was more that it's not true to say developers are building stuff on top of ChatGPT and don't know what the future looks like with it. It entirely depends on what they're actually doing, which it's likely they're using GPT3, not ChatGPT.
Guys, most of those laid off workers will be just fine. Yeah it sucks, but we’re talking about some of the most talented, lucratively paid software devs in the industry. Companies wait for an economic downturn to do their layoffs, but only for plausible deniability. The reality is that there will always be bad fits and underperformers, and it’s better for everyone in the long run if they are let go. Again, it sucks, but that’s life. Businesses aren’t charities. The fact they make profits doesn’t entitle you to a job. That doesn’t mean every layoff is justified, but it _does_ mean you shouldn’t hop on the hate bandwagon literally every time a company lays someone off.
@Corvus stop thinking corporations exist for the public good or employees. They exist for shareholders. Never become attached to the people who pay you.
the real challenge is the way info is transported. if you have a textchat, use screenspace to add ads in parallel. but audio only takes time away exclusively while blocking you from getting the actual info. the latter is quasi tv ads, dead in the water.
MS model is professional users. For example, since they started adding free intine with office365 subscription, they took over the market. Their strategy is to hook people into their products for private use to make then buy office365 subscriptions... Some say that their investments into gaming space is similar move as Meta is making into metaverse, except they started from games, and want to move it towards business. They know money is in corporate accounts, not private consumers.
My kids, 6, 8 and 10 yo, all have microsoft accounts, because as all kids their age, they love minecraft and roblox. By the time my kids start working, they will not remember the time before they had microsoft accounts.
i know this is old by now and no ones gonna read this but when i worked at CERN for the LHCb Collaboration, we used Mattermost, which I believe is open source and self hostable.
I just completed a machine learning project for my masters class and chatgpt was a lifesaver. It didn’t do everything for me automatically but it was so so so helpful and I wouldn’t have finished on time without it. It probably would have taken twice the time without.
I'd have loved to have ChatGPT during my time at university, it would have likely been better at explaining things than my professors. I still don't know how to do subnets ffs. 😂
Just tried checking for a homework I finished a month ago with ChatGPT, it got the answer wrong initially because it missed a key element in the question (might be a mistake on my wording) but after I pointed out the mistake it made it quickly fixed it and gave the correct answer. It is absolutely a viable support tool that is better than regular search engines, as long as you don't copy and paste, it is too obvious and will definitely get detected as plagiarism.
I have not looked so others may have said. The models people are building are based off of gpt-3 that does have an api and is not in testing and is not going away. You could build that wan show responder right now with their gpt-3 api (it supports the retraining use case you wanted)
Let me teach you how modern business majors make decisions on labor: 1. Make Interns Compete for Positions 2. Trim the herd of non-efficient or less productive workers 3. Minimize Labor Costs even further by auditing and reviewing all departments, creating openings and shortages 4. Repeat this process In the last 70 years worker productivity has skyrocketed while pay stagnated.
I was going to go for tech, dropped out and djd engineering instead. Cant be replaced by robots due to safety laws, always in demand, and family doesnt ask me to fix their computer. Win on all fronts
@@christophernoneya4635 i did mechanical engineering but I shifted to tech (software testing engineer) in India . The pay for fresh graduates was absolute shit if you're not from a top school for mechanical engineering
@@johnsamuel1999 this is also an entirely different field of engineering, although i am sorry to hear. When it comes to mechanical i often hear that you need to specialize, things like industrual or aerial applications. Do you reckon its mostly an issue for india as a country, or the field in general?
@@christophernoneya4635 in india its quite bad . Too much competition and employers want engineers with at least 3 years of experience. I specialized in CAD design with GD&T.
Ads being integrated into a search result page and into a conversation are very different things. Speech is Integral into human society, most humans inherently reject it when it is being repurposed to something else, when We don't want it. We can ignore Ads in pages, but not in voice.
The reason why they do it this way is because certain opportunities arise, like the demand for online services and food delivery during the hight of the pandemic. They need a lot of workers to take advantage of the whole situation, so they hire a lot. Then, once the whole thing is over, they just fire everybody that they don't need. I am pretty sure they were aware this was highly likely to happen, but it's a gamble in which they have more to win than lose.
1000% on the company applications for ChatGPT. If you could feed it your whole internal knowledge-base, and employees could literally just shoot a Slack message off "Hey, how do I set up this new VPN client?" or "What was Q3 revenue for product X?", that's INSANELY time-saving and productivity-boosting, IMO.
Perhaps a usage-based pricing model with limits like OpenAI does with DALL-E can work. There might be times when I use it a lot and times when I don't use it at all so a flat monthly fee has got to be pretty low for me to consider it.
The problem with voice assistants is trust. Voice interaction is a much stronger sensory intrusion than reading. A voice assistant trying to sell you something activates that uncanny valley feeling of being threatened and induces a loss of trust. The only way this will work is if personal AI assistants are on a one-off perpetual license model without any further monetization other than software and learning model upgrades
I’d pay $20 a month for it, but they ask for $42, for the Limited version (you can’t even rap or make fanfic with emotions like crying without getting blocked by the harmful filter) Why would I pay $42 for a chat that’s only good at giving me recipes but stops me when I ask for an action movie because it somehow detected harmful content when talking about a shooter
I work in institutional investment. The bulk of employees at the bottom are analysts, responsible for putting together corporate templated versions of word docs, spreadsheets and PowerPoints for the folks above them. GPT 4, if businesses could pay $150 a month per account, would make the majority of the analysts obsolete over night and save companies in excess of $10k a month per firing, at which point the GPT user cost becomes a rounding error. If I were to start a business I’d pay that much over hiring an actual human to do that work, and pay more for humans who can add human value.
Regarding jewelry shopping: there are some sites/e-shops with good selection, I was pointed at regalrose at some point, but pretty sure that it's not the only one.
Layoffs are a lot more common in "big" tech, I wouldn't say that it's happening across tech in general, considering the number of open roles, at least in software engineering. It's also Q1, which is layoff season for everyone.
Pay sounds like normal pay and normal tax... Maybe your not yet laid off, technically... Because you can say your technically an employee maybe it helps in negotiations. Might help negotiations at a prospective job. Maybe you have free time to vacation or internal transfer or whatever.... Ultimately, 6months is the right thing to do. All the others should follow Google
9:39 in the video. I agree completely. Ads are a large reason why individuals do not enjoy interacting with "free" services. As soon as Chat GPT and its clones incorporate ads (or even personalized ads and user data sales), the user base will drop through the floor. Because for how much better the model has gotten at being helpful, it has also gotten that much better at exploiting users for ad revenue.
Yeah this is why I stayed where I was instead of accepting a larger offer from Viacom. Technically not big tech but the same concept applies. The stream-pocolypse is coming.
You are giving google too much credit with regards to the severance package. They are referring to FTE’s who I put money on it only make up like 50% of those being fired, the other 50% being “contractors” who get zip and told to beat it.
I think Linus stumbled into something extremely insightful regarding learning or exploring experiences becoming social ones. Some would like feeling like they're not alone, but imagine learning: If there's even a hint of judgement from the ai that's stressful. What about searching for things u wouldn't search for in front of your family? Do u have to tell the ai to keep the gifts youre considering for family members secret? Does the ai on my laptop learn how I like to be communicated to, and essentially become a friend I trust, but feel jarringly different the second I log onto the Microsoft computer at the public library? The ads feel threatening because we feeling like resources are being taken from us, by people or entities who don't truly care ab our well being, merely taking something from us. The more cunning or 'smart' the ad, the more on alert we have to be, or otherwise the more taken advantage of we are. Personally, I love disabling cookies specifically so that I see less applicable ads. It makes them easier to ignore, and helps me be intentional about what I want. The idea of an AI mimicking a human interaction will lead to increased anxiety. And curiously, if it leads to ppl learning to be rude (by human standards) to the machine (because it's just a machine), I wonder if it will lead to ppl being rude to ppl in real life, or whether we'll be able to keep those etiquettes distinct, even as machine conversations better mimic human ones.
Mass layoffs aren't just in the tech space. I work for one of the largest logistics companies in the world and we are going through a massive round of layoffs right now as well. I've been with this company 14 years and I've never seen anything like this. In the course of two weeks I'm almost at the bottom of the seniority list again even with all my time on. I go in every day now not knowing if I will have a job. And this isn't just the seasonal holiday employees being layed off. It's people I've worked with for years suddenly losing their jobs because of.... reasons, I guess.
When I use chat gpt I sometimes get the message to many requests and then I can't use it for a hour. Also they said that it will cost 45 bucks a moth witch is way to expensive. I would pay like 3
For personal use it may be to expensive but for work it would be cheap. I use it right now sometimes at work to help me do some tasks that contain no confidential information, like writing or enhancing text / emails creating powershell scripts to automate some tasks. With a enhanced version it would save me so much time to do other things so I would happily pay 50€ a month.
I have no problem with retail people asking if I need help…once. It’s good customer service as well as good loss prevention. But repeatedly asking, usually because its a commission position, is annoying. I’d rather they ask once rather than searching the sales floor looking for an associate to help me find a particular item.
I just always remember when after the failure of the WiiU Nintendo CEO and execs took mostly voluntary 20-50% pay cuts to keep staff as any short term financial improvements would’ve stunted their ability to come back losing all the trained and talented staff
The Japanese are an honor bound society so firing employees based on decisions made by Executives is seen as dishonorable. Over there is really hard to get fired. You gotta be a big prick to get fired over there. It's hard to get hired but if you do and are competent at your job you can have a job for life if you want it.
i dont use siri or alexa or bixby (well i guess no one uses that) simply because i have to speak to it. Ive never really thought too much about it, but the whole speaking out loud thing puts me off, i like typing, it might just be the introvert in me but speaking aloud to no one makes my uncomfortable. And like i guess you can speak faster than you can type, but in a shopping or even searching scenario, its not always the case, like you can type out something long ish and then edit it really fast, or you could speak it really fast but then edit it really slow.
One thing I've learned about the "tech' industry especially American" tech" industry is that they only need you when business is good. When business is bad, they don't want you. You don't see this in other companies in Asia.
Yeah the way American companies treat their employees is astonishing to me. Most European countries have strict laws around this, you couldn't post record profits, give your CEOs massive bonuses and then fire 5% of your employees because "bad market". Amazes me how easy it is to treat people as disposables in the US.
@@Nemcoification treating employees as disposable is the name of the game here in the good ol' US of A, unfortunately. Watching this made me think about how just a few years ago it seemed like studying for and working in the tech industry was near universally pushed onto teens and young adults leaving school and finding a career. Anyone who seemed remotely good at/interested in it? Teachers, parents, etc made it seem like a really good prospect since obviously all these new companies and tech goods and services are growing like crazy, they're gonna need a lot of employees and it'll pay well, right? Well... fast forward to these layoffs and its treated like: "they aren't needed anymore, and thats just the way things work! Unfortunate, but oh well." It really, really sucks.
A note on the hiring practises. While it certainly sucks for companies to over-hire and then fire people it does mean that overall employment is higher. Of course it isn't as good as hiring and not firing people but even in that scenario it would likely have involved stagnant hiring for an extended period of time. Assuming the people fired from google (who I've read are getting really good severance packages,) can't get new jobs they did have jobs for longer than they would of if they could never get a job at all. The increase of jobs also likely worked to increase rates of pay in those sectors. The issue I think is still the unreasonable claims of tech worker shortages to increase supply when there are job openings and distort the economics of the tech labour market. What will really rock the tech sector is if the venture capital funding some of the giant companies who don't really make money decides to invest in something that does make money. Imagine if Uber who as far as I can tell still have strong growth and high revenue but no profit, just closed up shop entirely.
This is a massive downside of capitalism, the workers pay a heavy price loosing pay during cycles of recessions and random corporate decisions they have no say in or are not responsible for. Then they get demonized for not having a job.
To Linus's one comment about stock price...I cant speak for Canadian markets but in the US the main reason for the up I think is mainly panic over our recent out of control inflation rates. When they see labor markets dip and businesses shed workforce they are rallying as they see it as a sign of cooling inflation. Unfortunately in the US and Canada I believe, both countries decided to hand out helicopter money at the height of the pandemic. This created an out of control problem we're now kind of paying for. No money is free.
One of the massive niches for professional Chatgpt usage is tech support, At least at for the lower level it would be massive to have an unfeeling machine which has a massive database to solve problems and which can look it up almost instantly would be an insane improvement over rows of paid random people often uneducated on the subject and bored out of their mind.
Investors have been frustrated with Google's extreme spending & hiring over the prior many years. Google was spending heavily on 'Other Bets,' where it has incurred huge losses due to overspending on projects like Calico, Google X, Google Fibre / Access...by laying off these employees, Google (Alphabet) will stem these losses and the company will become more profitable, and the stock goes up. It's just math. Investors are not stupid and they have been particularly critical of the tech industry's crazy hiring practices. Agree ChatGPT is amazing. Love your content!
It’s a language model it sucks at math but for scripting , coding or writing text it’s amazing I use it to save time at work sometimes by enhancing a text / email or enhancing / finishing powershell scripts I use to automate some tasks.
A ChatGPT subscription doesn't guarantee good results. You might not get ads, sponsored links and SEO-optimized search results, but companies will figure out how to game the system to get their promotional articles into the top results. That's what's happening with Google now; I can block ads and skip past the sponsored links, but I can't avoid the hundreds of BS pages that start explaining how to use some technology then branches off into a promo for their commercial product.
As someone who's interested in ML as a hobby / in their free time, it's funny to see how the whole industry seems to be scrambling for this, while meanwhile I'm stuck here doing one web dev project after another. Not really unhappy, though, AI may or may not experience another winter soon, while our society will sooner collapse before we stop needing smart people to build systems that automate transactions between humans.
Can't say I care, most of those people are for cancelling and censorship. Its fine when it happens to others but not them, hope it hurts. *the 1% of them that are against censorship/cancelling I do feel bad for.
The question isn't why are they always firin', its why they always hirin'? Tech companies are full of bloat and positions that should never have been filled in the first place.
It's interesting how Linus sees agresive advertising done by others while constantly trying to push his own unnecessary products several times in each video.
The 60 days pay thing is a legal matter. Essentially, when companies of a certain size in the US lay off large numbers of workers, they must provide 60 days notice, so they remain employees on the payroll for those 60 days, and then the next 16 weeks they are ex-employees receiving severance pay.
Yeah, if they could not do it they wouldn't
@@SunbleachedAngel Louder for the people in the back
@@SunbleachedAngel they shouldnt have too honestly, why the fuck do yall believe your entitled to months of free pay.....
@@tilled6695 oh fuck off, it's their fault they're fired now?
@srijita_6_9 Ur mom does work though. She just worked 1hr for 3 bucks.
She was bad, i want my 3 bucks back.
Microsoft: "I'll fire 10k people."
Google: "Yeah, I'll fire 12k people."
"Fire 1 Million ..."
ua-cam.com/video/r0mO6UY6uTg/v-deo.html
and then they just switch
Last year they hired on tens of thousands. Just downturn things.
Amazon: Hold my 18,000 beers
And this is most likely just the first round. More will probably be laid off in a few months.
One thing I find annoying about furniture stores like Leon's is salespeople who come up to you, walk around, check in asking if you need help, etc, when I'm just trying to look at coffee tables. It makes me want to just go to Ikea where I just get ignored until I ask.
Its funny cause some people are the complete opposite and consider it bad service if they have to ask for help
well, you should pray me if you need help with that.
@@dw2843 those people are idiots.
When the customer service weirds you out, either the company is terrible at business, or you aren't the customer they want to see. Leon's wants customers who crave being catered to. Ikea wants customers who crave getting lost in a maze and eating a cheap hotdog when they finally find their way out 😅
Why would you go to a store if you didn't want to talk to a store employee. It sounds like you may have wrong social expectations or you have social issues. Lol
I am in the tech industry and missed this round of layoffs but man it’s stressful.
tech jobs produce lefty morons!
I bet, it's horrible to fear for your financial security and doubly so when there's nothing you can do to affect the outcome.
They blame it on the "economic downturn", while making record profits. So yea its a scary thought indeed since job stability is a joke these days.
@AgatoNtB LITERALLY!! Stock is up 5%, executives recieving a 500 million dollar bonus, and they announce a 15 billion dollar purchase of some other company. At the same time they fire 10% of their workers
@@Voltaic_Fire it is for sure hard to look long term as you are worrying about another round.
If these executives want to know why having advertisements with a voice assistant is annoying, just imagine that every time you talk to an employee they tried to sell you something. It would suck, right?
Your secretary keeps telling you about stuff you don't want to buy and wastes your time, actively annoying you and keeping you from getting utility out of them.
It makes sense if they do it right. Like for example you ask about product and it gives you recommendations etc. We have to understand that these things are extremely expensive to make and money needs to be made off it somehow or it will get scrapped
@@dbagdi1998 in the correct context maybe, but you can't expect a voice assistant to be a major stream to serve advertisements. If I ask my assistant to set a timer for 30 minutes I don't need an advertisement I need a timer set for 30 minutes.
The problem with services like Alexa are how they try to advertise. They started adding 'Sponsored Content' to the homepage when it looped through weather etc, and stayed for around 5-10 seconds. People hated that. They started advertising groceries at the top of the grocery list for the Alexa app's list/to-do section. People hated that. What Alexa management doesn't understand is users like me who love the alerts/features like package arrival, weather alerting, etc which drives traffic. Just it telling me what I WANT to hear gives me a positive outlook on Amazon as a whole, and every time I hear Alexa's voice, my brain thinks "Amazon," a few times reminding me to purchase something. However, Amazon has seen Alexa as a loss not for its hidden value, but it's upfront value. It's a real shame how disconnected these execs are. They don't realize just how much background recognition/traffic the products bring in. It's like how every company I've worked for, the IT department was seen as a loss rather than a profit. The reality is... it's neither. You need things to keep running to profit. IT is an expense, but it's not a loss. If anything it's a beneficial expense, but management only sees what it costs them and it feels like it's hard to find a company that truly understands the value some expenses can have.
I always spec a tool department when designing factories
Out of the 27 factories built by my plans, all who hired and set up a tool department with toolmakers are currently running. One of the others still is. (17/10 split for reference)
While I find the sponsored content on the home pages annoying, I don't mind them on the idle screens. I kinda wish they'd lean into that more so as to not have to shove ads into other parts.
This comment is dangerous because you're pitching a business model that's potentially worth billions of dollars through a random comment in a relatively obscure video. And while it sounds consumer friendly on the surface, it comes with some very dark Orwellian implications.
@@as7river What dark implications do you mean?
It’s the same deal with governments and building infrastructure
I am in the IT business for over 25 years now. I worked many years for tech giants like IBM and AT&T.
It is the same story everywhere. Management wants to get big bonus and present good numbers to get them. Laying off people is a method to save money on the short term. Usually when a company announces to lay off many people the stock prices go up. Management gets a bonus.
But if this long term hurts the company there will be no consequences for the management. As with those mass layoffs you don´t just lose workforce, you also lose knowledge.
IBM had once layed of most of their mainframe experts as everybody believed that mainframe is dead.
Then they had to hire them back from retirement for 2-3 times the salary from before.
There are of course other factors. With acquisitions you usually get new people in the company, but not all of them might be top performers. So laying off people is a easy way to purge the company of those.
The last and worst reason is that most companies still believe that all work can be transferred to low cost countries. India and even China is still popular for IT companies.
I have experienced this a lot and my experience was never good. Take India as an example. I had only bad experience with it. It is not that there are no good and skilled people in India, but the tech giants tent to hire only the cheapest. Then you get staff that might have passed certifications, but only with the help of testking and other methods to memorize answers on test questions, but have no grasp of the thing itself. I had >30 "programmers" in India working for me and most of them did not even know how to use GIT. The code was of poor quality and not reusable, long term not maintainable.
We have switched to resources in Costa Rica then and started to hire more expensive, but skilled people.
"Things Microsoft care about, Cortana, Bing..."
Two things I always disable/remove *immediately* after an install.
Good work MS. Reading the room. Good work.
@DukeNukem421 They're gonna make Halo 5 Rampant Cortana while trying to make the real Cortana. Fuck
Don't forget Edge!
One difference between getting confidently wrong responses from something like ChatGPT vs search results that are confidently wrong from something like Google is that there are so many other cues to go by in terms of judging the reliability of the source when it comes to those search results.
My own impression is that we already have a big problem with how uncritically people tend to react to ChatGPT responses compared to other options, and even if we get past that... how to even judge the reliability or even what the source is of anything spat out from something like ChatGPT properly.
(That is not to say it isn't amazing in many ways... just, some aspects seem quite problematic at this point.)
to illustrate your point: if I search for medical information I know to trust the nhs uk website, and not trust some holistic blog website. The TLD provides a lot of trust. when ChatGPT puts all of that in a blender and spits it out, how am I supposed to know which pieces come from soccermommyblog and which pieces come from NIH?
I think Bing's variant has the right approach of having the AI cite its work, so you at least get an idea of what sources it's pulling its information from. From there you can make your judgement on whether or not it's accurate.
For me and my family, voice assistants are just a way to funnel users to search page where they can see ads
From what I read a ChGTP query is 100x more expensive than a Google search. As soon as they slap a price tag to the basic functionality - a huge % of people will stop using it.
@@RainPotion It costs money to use. You know that right? I made an OpenAI API account and 10 Queries to ChatGPT3 costs about 1¢
@@revelmonger That's API access. The most hype I've seen is around the free test model, that requites only a free account. A paywall is a paywall. UA-cam for years tired to force people to buy the premium sub. When there's free alternative - people will choose it, even if it's a worse experience.
@@RainPotion there is no free account. All openai accounts are given a "grant" as they call it.
@@revelmonger I did not had to input any credit card info or payment for chatGTP (?).
My dad's team went from 8 employees to just 3. Microsoft got rid of their VR/Mixed Reality/Hololens teams as a whole.
it's the "dad works at Microsoft" kid
the king of xbox live
@@valerabaglej7437 Microsoft is a big company, doesn’t seem that unlikely.
What about Microsoft's defense contracts?
@Pyrus US Military canceled them due to controversy created by Amazon and Google, the same way a lot of Xbox deals get ruined by Sony. It seems that the OG Microsoft competitor is the only one that doesn't try to ruin them, this competitor being Apple.
"This is not deja vu, you are not watching an old WAN show from a couple weeks ago"
Me, watching an old WAN show from a month ago:
I feel like saying "I need a pencil" and someone gives you a pencil is a super natural interaction, but trying to convince someone they need a pencil is always an unnatural interaction. I think the biggest fallacy in marketing is that if they just get more creative they can get around it. Yesterday is was subliminal billboards and tomorrow it's AI with bias twords sales 😂
Eh, I don't think convincing people of a need is unnatural at all. People inform each other of sales all the time, and I've personally tried to convince people they need something after using them before; list includes specific badminton rackets, computer mice, earbuds etc. It's ofc happened the other way too. It's more the way it's currently commercially done is just missing something.
That something can't just be the commercial nature; I have bought e.g. rackets from places that gave a friend commission (and me a discount).
It also can't just be frequency; I've had friends who shows off something new every few days and is convinced we are missing out on life without it.
I think the secret sauce that is missing is some level of trust that the recommendation has the purchaser's best interest in mind (even if ultimately mistaken). This hasn't really been remotely possible in the past, but with current AI tech is probably closer to "next to impossible" now. Once that needle moves a bit more, maybe once people have alignment somewhat figured out, maybe it's possible have genuinely good ad pitches.
"I need you to understand that people don't go around recommending each other operating systems"
@@randomnobody660 Problem is deeper than implementation.
Free Market Economy optimizes for satisfaction of human desires, not human needs.
Even though there is a large overlap between the two, there is also an important distinction since not all things that we want are actually good for us and likewise, we maybe aren't aware of certain things which might be good for us but aren't so easily desirable in the short term.
That said, I firmly believe in free markets and personal responsibility that people can take for their actions.
@Isaac Dennis
You start a business if you can find value in places where others couldn't.
That value is real, not just for direct customers/clients but also for the whole economy and everyone's living standards.
Surely, such new valuable product or service needs to be advertised.
If you were writing with a feather and ink and didn't know about existence of pencils, you could definitely benefit if someone told you about them.
It's not a fallacy at all, there's plenty of instances where marketing successfully tricks people into buying shit they don't need. Be it social pressure (like the example of the jewelery store sales person looming over your shoulder) or little psycological tricks like buy 2 get one for free, there's always a certain percentage of people it works on, else it wouldn't exist.
I can think of plenty of examples where a chatbot could trick you into buying something you don't need, just like human salespeople.
In the future when amswering a question, chatgpt will have a decision to make, either provide the answers that are most helpful or those that have the highest chance of making you buy something.
Regarding what Luke says about paying for Teams: It's not just chatting, it's a mix of several features, like accessing via single sign on, the feature of external users being able to chat and their access to different channels, files and statuses can be granularly configured, automation for creation of accounts or for allowing/blocking messages from selected domains, integration with SharePoint, wiki section for channels, ease of use when creating meetings, etc.
Unfortunately, Slack and Discord don't have the features Team does. And I hate that because their UI is a thousand times better than Teams'.
If anyone at Microsoft reads this: Instead of firing so many people, relocate them to help with testing and development of effing easy to use user interfaces. Half of MS products have such a hard to use not intuitive user interface that it makes the product half as good as it is behind all of that.
So then it's not the exact product they were using 20 years ago, I don't get why Luke is complaining.
The wiki tab is being deprecated and they are moving everything over to OneNote tab.
A thing to be careful about with hiring too conservatively, is that it can also mean that your employees are always underwater/overloaded.
While it can work well for many types of companies, if my tech company hired using the ‘look back a year and assume no growth’ model, everybody else would just quite, because they would be way overloaded with client work. We have to try and forecast out how much revenue we expect in the next year to project hiring.
It's the AR and virtual reality teams that are getting laid off. Nobody wants those anymore.
It is not bad to grow your company, but some companies saw their revenue skyrocket during the pandemic due to various reasons and started overhiring, falsely assuming the money coming in will never end. Training employees takes time and effort as you are just wasting time and resources. So clearly more work needs to be put in to make educated choices when hiring.
@lovegaming4114 Ur mom does work though. She just worked 1hr for 3 bucks.
She was bad, i want my 3 bucks back.
In the US, we have something called the WARN Act, which says you have to give employees 60 days notice if a large number of employees in the same location are laid off. So that’s why they are giving them 60 days notice, and then after that severance. I’m a tech worker, and the max severance where I work is 6 months, and for that you have to have been with the company 12+ years (they divide your years of service by 2 determine the number of months of severance).
My first few jobs from leaving school was in retails stores. One place literally drilled it into us to ask every person whether they would like to have a store card. Personally I found it really annoying and didn't bother asking half the time.
The thing with a lot of businesses, even places like Tesco's (sorry, I live in the UK) have this way of thinking that everyone should have a store card or loan or whatever a very small percentage of people will actually ask for. They make alot of money this way IF they can force people into buying or applying for that service. It's like if you tell someone not to think about elephants. If you tell people, oh well we have this offer on that allows you to spread the cost of something, some people WILL like that and go for it. I have always been 'Will, if they would like that option, they will ask about it'.
In my area i have tesco, kaufland, coop and lidl. I have card to none of them and never will, i value my privacy more. Also dont use credit card and pay in cash or gastro card (witch i hate/like, but at least it track were, when and the amount, not what i buy). My behavior is so out of the norm i was followed by police 2 times, probably on a watch list for some time, ask really weird questions and questioned about information available only on special request. I think they have the impression i was into drug dealing or something since there was almost no financial records, appear in weird places at weird times and rarely use phone or GPS.
Just going to say... if you are using teams slack gsuite, you probably need to look at your stack... teams is really great when you are using 0365 and sharepoint as your back end. It's value rapidly decreases the second it's not being fed from sharepoint.
L
These hire/fire cycles happen at every company over 1000 employees.
The reality is this: When companies are doing well, management optimism permeates the entire organisation. Each manager builds this into their hiring practices partially because hiring vecomes based on expected future performance and not historical or current performance. This accumulates into massive overhiring.
Secondly, because turnover increases (due to a hot job market) the lag/lead time between people going out and people coming in results in it being unclear how many people are actually needed. Again… in optimistic times the result is managers across the board leaning towards overhiring.
Then, when the CFO sees the numbers are slowing, they’re already too late. By then you’ve probably got x% too many in the system.
It’s bad controlling. Bad forecasting.
Workforce planning (forecasting) is tough, especially when it involves attempting to include economic drivers. A standard method is having a baseline of employees and using contractors to fill in the extra demand that can follow turnover cycles: but this doesn't completely avoid the initial problem.
10:10 I am exactly the same way. Years ago I had a sales position in a retail store and I could not understand the things I was expected to do because they were all things that make me leave a store when someone does them to me. Only job I was ever fired from.
A guy I worked with at Google in 2015 got laid off via email this fortnight. He's been there 13+ years....
Got to get the moto 'dotn be evel' out of the company somehow. It is not going to be enough just pretending people forget or do not question the actions of ABCDE....
lol
it's to prevent salaries from becoming too high on the IT sector. This is a known strategy on more... physical-related industries, like chem and manufacturing sector. You fire the higher salaries in the production floor, hire new people with lower costs (and salaries) and keep the cost down.
On critical positions you try to prevent salary rises by offering benefits and other services that cannot be included in hourly pay and will cost you only when used, which also prevents it from becoming a monthly expense (how often have you seen people using the chill out room with free vidyagames?).
It's an insidious strategy and pretty much every big company, from pepsico to GE use it to prevent cost-hike over time.
In my job as a web developer, an awesome application for chatGPT would be to replace the need to document code. If you're hunting down an issue in an old app that nobody really knows anymore, instead of trying to find someone on slack that might know how it works, you could just ask the ai and have it tell you how it works, and even direct you to specific code files and repos where you can find what you're looking for.
Nice
Considering how frequently I've seen chatgpt literally making up references for citations I don't know if I could trust it over even negligible amounts of documentation.
That's not what ChatGPT is designed for though. It is designed to *make up* syntactically correct sentences based on a writing prompt. In other words it is designed to emulate 9th graders in a Language Arts class doing a creative writing assignment.
Why is job security seemingly so scant these days? People that have families need that job security and people just starting out want to save up for putting down a deposit for a house, getting a car, and starting a family. People aren't really going to feel as though they can do that if they don't know if they will be able to pay their mortgage in a few years because they've been fired through no fault of their own, and people that already have families see these mass lay offs and start to feel incredibly stressed out because they're worried they might end up being culled in the next round of lay offs despite being a good worker, then how will they be able to keep paying the mortgage to keep the roof over their kids' heads?
Someone pointed out that all these layoffs scale pretty much exactly to about 5% of the company size (except for twitter)
Maybe they can integrate a selling portal into gpt3, where you could essentially buy straight from them. The AI would be your personal sales helper, and OpenAI could charge a fee to any company that want their stuff to be sellable through chatgpt
100% correct about the "aggressive" sales-people and not buying because of it. :)
We have an audio/video store at the local mall and i will never enter that store again.
Went in to look at my future phone (already ordered) and check out some TVs and that
guy just would not leave me alone and when i was firm in not wanting the attention he
just kept hovering. Drives me mad. They will never EVER sell me a piece of hardware.
That guy even "prowls" around outside their entrance trying to "welcome" (drive customers into the store)
Because of this i avoid them like the plague. Linus is not an "introvert", no one likes these kind of sales people.
They drive away business. People like to "window shop" and to take their time. What is important however, is to be available when customers decide that they want help and then offer the help that they are asking for, and nothing else.
I think they will sell ChatGPT to businesses along with Teams and other tools. They will make it so you can train it on corporate data sets to simplify finding internal information. They will also use it to assist developers and improve github copilot for enterprise customers. It will help write unit tests, documentation, suggest code improvements etc.
7:57 The "confidently wrong" part is the problem. The model isn't optimized for accuracy, it is optimized for convincing me it is accurate. There is a big difference. Spotting a mistake from a human is... doable. Spotting a mistake from a machine trained to convince me there is no mistake? Don't like my odds
I don’t know enough to have an opinion, but I have seen the idea floated that these firings aren’t a management miscalculation, but instead an intentional buffer for poor economic conditions. Their stock did go up, as you mentioned. But at the same time that seems far-fetched.
Well it did, but CEO of Microsoft (and most likely the other chief executives if I put a small amount of effort into it) received a 10% raise to $55 million in 2022, which carries over as "expected payment" for 2023....so the company has to earn that much more money for her (and the other executives) to receive that money, and 10,000 jobs not being paid is a pretty easy way to get that lol.
Who would have guessed that when prices go up while more people keep getting laid off (while others are making the same amount they probably made 10 years ago when prices were nearly 20% lower) in an economy where the people are supposed to spend money to circle it back in would start failing? We should have asked a fortune cookie!
Over-hiring in boom times and trimming down in lean times is fairly common for large companies. In particular, at the volumes they have to hire, it's more effective than trying to hire exactly what they need, since inevitably some of those employees won't work out.
All tech companies laid people off. Most tech companies fired about 5-7% across the board. Meta, Google, Microsoft, and even the company I work at laid off a ton of staff. It wasn't based off of growth, it was based off of everyone else is doing it too.
More like 50% to 70% fired
@@everythingpony I think you got confused about what the percentage is. It's not % of tech companies that fired, it's % of workforce.
Him getting interrupted mid ad rant by a UA-cam ad was just too perfect.
👌timing
You don't need ChatGPT to try out your semi automated reply thing.
GPT-3 gives great results and OpeanAI expose a ""production ready"" API.
Great perspective 👌
"Changes in consumer preferences"
That's business speak for consumer can't afford what we offer.
@PostageDew Not necesserily they themselves doing it, but economy is always on a downward slope and things become more expensive. We've reached the point where there's no more spare cash to suck out of the consumer.
Just wait until 2030 kicks in, and they ban new gasoline car sales. Sinec electric cars are out of the price range for most people, there will be a massive rush to get whatever gas junker there is and the prices on even used gas cars will go through the roof.
18:00 actually the new edge with bing AI will be able to check any document or website and do that. You could pdf the transcript and ask bing in edge
I think chat GPT is gonna sit on this testing phase for a while, let everyone integrate it into their lives, then pull the tug out from under them and start charging, all these companies who will be heavily reliant on it by that point will have to pay and it will quickly be thr industry standard thing so everyone not using it will cough up the money to do so
Then it becomes a privilege that only the rich get to use?
Fuck that- that's no game changer. That's just another scam
People will just pirate open AI or another software similar
Talked to a Google employee who was fired after 19 years and 6 months working with the company. Absolutely insane how little these giant corporations care about employees even if they have good reputations in tech/developer circles.
I'm glad I don't work for big tech. I'll stick to finance and Medical software
Buddy I wish you the best of luck, but I'll let you know that I lost a lot of good friends when my employer cut ties with SAS and Teradata.
Medical is where it's at for Job Security
@@zqzj ikr, don’t work in tech but nurses are always in demand
@@louisp8561 yuppp, no matter how bad the economy gets, people will always have health needs, especially hospitals. However, I would love nothing more than to loose my job because everyone is in perfect health, but that's a fantasy.
@@cat-le1hf have you seen the job market? Macro economics are tanking unfortunately
reason i stop watching tv and have 3 add blockers are constant barrage of ads everywhere and i use google most of the time as a dictionary since i am not native english speaker, not only for spell check but often search meaning of the word if i remember it correctly. I get so used to not seeing them that when i use other PC i get frustrated in 2-5 seconds.
"They can learn to mine coal". A variation on Hillary's statement on coal miners.
Learn to weld! would be more apt with america's infrastructure needs.
All those software developers could write a Coal Miner Simulator.
Lol I agree.
As someone who's been hiring some coders in the last 6 months, I can say those people's skills will be welcome in lots of places. There's a shortage of that sort of talent - plenty, but the cost is driven up due to more demand.
I mean I always hated the voice assistants because they were just so bad. Cortana didn't know anything about anything. Early Alexa would tell me i should install some special app if I want that functionality, later Alexa was basically just reading off the top Google result for the question.
The issue with voice assistants selling you things is that it takes up the entire content flow. You can either talk about what was requested OR you can talk about buying something, but you can't do both at the same time which is where the issue lies. If you search something on google it is presented in a text format and generally you can intake a lot more information (be it advertisements or your results) at the same time.
Voice assistants should be the product, and that's hard for these companies to wrap their heads around. Alternatively, what is heard by the microphones could be tailored to your advertising ID and be used to present ads in text-based platforms.
Wait you mean to say Alexa is not already listening to me and feeding information directly to amazon to show ads/push products to me ?
@@thunderb00m legally they shouldn't be, but realistically they probably are
It's important to remember that there's a distinction between GPT3 and ChatGPT. ChatGPT is simply using the APIs provided by OpenAI to access GPT3. You've been able to ask for access to these APIs and there is a pay model already in place. You could have built a ChatGPT prior to ChatGPT being released using these GPT3 APIs.
That’s not entirely true. ChatGPT is a fine-tunned version of GPT3, so it’s not simply using the GPT3 api.
@@OscarThornSwe Fair. My point was more that it's not true to say developers are building stuff on top of ChatGPT and don't know what the future looks like with it. It entirely depends on what they're actually doing, which it's likely they're using GPT3, not ChatGPT.
Guys, most of those laid off workers will be just fine. Yeah it sucks, but we’re talking about some of the most talented, lucratively paid software devs in the industry.
Companies wait for an economic downturn to do their layoffs, but only for plausible deniability. The reality is that there will always be bad fits and underperformers, and it’s better for everyone in the long run if they are let go. Again, it sucks, but that’s life.
Businesses aren’t charities. The fact they make profits doesn’t entitle you to a job. That doesn’t mean every layoff is justified, but it _does_ mean you shouldn’t hop on the hate bandwagon literally every time a company lays someone off.
Employees: What did I do wrong, can't we work this out? 💔😢
Google: It's not you, it's me.💰🤑
Its a business, is ALWAYS about money learn that.
@Corvus stop thinking corporations exist for the public good or employees. They exist for shareholders. Never become attached to the people who pay you.
the real challenge is the way info is transported. if you have a textchat, use screenspace to add ads in parallel. but audio only takes time away exclusively while blocking you from getting the actual info. the latter is quasi tv ads, dead in the water.
MS model is professional users. For example, since they started adding free intine with office365 subscription, they took over the market. Their strategy is to hook people into their products for private use to make then buy office365 subscriptions... Some say that their investments into gaming space is similar move as Meta is making into metaverse, except they started from games, and want to move it towards business. They know money is in corporate accounts, not private consumers.
My kids, 6, 8 and 10 yo, all have microsoft accounts, because as all kids their age, they love minecraft and roblox. By the time my kids start working, they will not remember the time before they had microsoft accounts.
i know this is old by now and no ones gonna read this but when i worked at CERN for the LHCb Collaboration, we used Mattermost, which I believe is open source and self hostable.
I just completed a machine learning project for my masters class and chatgpt was a lifesaver. It didn’t do everything for me automatically but it was so so so helpful and I wouldn’t have finished on time without it. It probably would have taken twice the time without.
I'd have loved to have ChatGPT during my time at university, it would have likely been better at explaining things than my professors. I still don't know how to do subnets ffs. 😂
Just tried checking for a homework I finished a month ago with ChatGPT, it got the answer wrong initially because it missed a key element in the question (might be a mistake on my wording) but after I pointed out the mistake it made it quickly fixed it and gave the correct answer. It is absolutely a viable support tool that is better than regular search engines, as long as you don't copy and paste, it is too obvious and will definitely get detected as plagiarism.
I have not looked so others may have said. The models people are building are based off of gpt-3 that does have an api and is not in testing and is not going away.
You could build that wan show responder right now with their gpt-3 api (it supports the retraining use case you wanted)
Shedding workers like a tree sheds its leaves during Autumn 😂😂😂
Let me teach you how modern business majors make decisions on labor:
1. Make Interns Compete for Positions
2. Trim the herd of non-efficient or less productive workers
3. Minimize Labor Costs even further by auditing and reviewing all departments, creating openings and shortages
4. Repeat this process
In the last 70 years worker productivity has skyrocketed while pay stagnated.
I was going to go for tech, dropped out and djd engineering instead. Cant be replaced by robots due to safety laws, always in demand, and family doesnt ask me to fix their computer. Win on all fronts
@@cat-le1hf i mean like construction engineer. Software engineer is nothing like traditional engineering
@@christophernoneya4635 i did mechanical engineering but I shifted to tech (software testing engineer) in India . The pay for fresh graduates was absolute shit if you're not from a top school for mechanical engineering
@@johnsamuel1999 this is also an entirely different field of engineering, although i am sorry to hear. When it comes to mechanical i often hear that you need to specialize, things like industrual or aerial applications. Do you reckon its mostly an issue for india as a country, or the field in general?
@@christophernoneya4635 in india its quite bad . Too much competition and employers want engineers with at least 3 years of experience.
I specialized in CAD design with GD&T.
Ads being integrated into a search result page and into a conversation are very different things.
Speech is Integral into human society, most humans inherently reject it when it is being repurposed to something else, when We don't want it. We can ignore Ads in pages, but not in voice.
The reason why they do it this way is because certain opportunities arise, like the demand for online services and food delivery during the hight of the pandemic.
They need a lot of workers to take advantage of the whole situation, so they hire a lot. Then, once the whole thing is over, they just fire everybody that they don't need.
I am pretty sure they were aware this was highly likely to happen, but it's a gamble in which they have more to win than lose.
1000% on the company applications for ChatGPT. If you could feed it your whole internal knowledge-base, and employees could literally just shoot a Slack message off "Hey, how do I set up this new VPN client?" or "What was Q3 revenue for product X?", that's INSANELY time-saving and productivity-boosting, IMO.
oh my god yes
where is this documentation?
or when your planning you can ask it who is on leave during the next sprint
Perhaps a usage-based pricing model with limits like OpenAI does with DALL-E can work. There might be times when I use it a lot and times when I don't use it at all so a flat monthly fee has got to be pretty low for me to consider it.
Yeah, if we pay for it, it could still be a profitable way to integrate it.
Or what about ads that are simply besides the conversion? Would that work?
The problem with voice assistants is trust.
Voice interaction is a much stronger sensory intrusion than reading.
A voice assistant trying to sell you something activates that uncanny valley feeling of being threatened and induces a loss of trust.
The only way this will work is if personal AI assistants are on a one-off perpetual license model without any further monetization other than software and learning model upgrades
I’d pay $20 a month for it, but they ask for $42, for the Limited version (you can’t even rap or make fanfic with emotions like crying without getting blocked by the harmful filter)
Why would I pay $42 for a chat that’s only good at giving me recipes but stops me when I ask for an action movie because it somehow detected harmful content when talking about a shooter
I work in institutional investment. The bulk of employees at the bottom are analysts, responsible for putting together corporate templated versions of word docs, spreadsheets and PowerPoints for the folks above them. GPT 4, if businesses could pay $150 a month per account, would make the majority of the analysts obsolete over night and save companies in excess of $10k a month per firing, at which point the GPT user cost becomes a rounding error. If I were to start a business I’d pay that much over hiring an actual human to do that work, and pay more for humans who can add human value.
If Cortana is gone, why the hell is she still in Windows 11 programs and registry? Get her out of there!
Regarding jewelry shopping: there are some sites/e-shops with good selection, I was pointed at regalrose at some point, but pretty sure that it's not the only one.
Layoffs are a lot more common in "big" tech, I wouldn't say that it's happening across tech in general, considering the number of open roles, at least in software engineering. It's also Q1, which is layoff season for everyone.
It's almost like all the people saying there is no recession are in fact obfuscating the fact that we are in a recession
Pay sounds like normal pay and normal tax...
Maybe your not yet laid off, technically... Because you can say your technically an employee maybe it helps in negotiations. Might help negotiations at a prospective job.
Maybe you have free time to vacation or internal transfer or whatever....
Ultimately, 6months is the right thing to do. All the others should follow Google
Big tech "every day I'm firing"
*mad dubstep beat drops*
Is this like a wake up call of the long anticipated AI uprising?
9:39 in the video. I agree completely. Ads are a large reason why individuals do not enjoy interacting with "free" services. As soon as Chat GPT and its clones incorporate ads (or even personalized ads and user data sales), the user base will drop through the floor. Because for how much better the model has gotten at being helpful, it has also gotten that much better at exploiting users for ad revenue.
Yeah this is why I stayed where I was instead of accepting a larger offer from Viacom. Technically not big tech but the same concept applies. The stream-pocolypse is coming.
You are giving google too much credit with regards to the severance package. They are referring to FTE’s who I put money on it only make up like 50% of those being fired, the other 50% being “contractors” who get zip and told to beat it.
I think Linus stumbled into something extremely insightful regarding learning or exploring experiences becoming social ones. Some would like feeling like they're not alone, but imagine learning: If there's even a hint of judgement from the ai that's stressful. What about searching for things u wouldn't search for in front of your family? Do u have to tell the ai to keep the gifts youre considering for family members secret? Does the ai on my laptop learn how I like to be communicated to, and essentially become a friend I trust, but feel jarringly different the second I log onto the Microsoft computer at the public library?
The ads feel threatening because we feeling like resources are being taken from us, by people or entities who don't truly care ab our well being, merely taking something from us. The more cunning or 'smart' the ad, the more on alert we have to be, or otherwise the more taken advantage of we are.
Personally, I love disabling cookies specifically so that I see less applicable ads. It makes them easier to ignore, and helps me be intentional about what I want.
The idea of an AI mimicking a human interaction will lead to increased anxiety. And curiously, if it leads to ppl learning to be rude (by human standards) to the machine (because it's just a machine), I wonder if it will lead to ppl being rude to ppl in real life, or whether we'll be able to keep those etiquettes distinct, even as machine conversations better mimic human ones.
Mass layoffs aren't just in the tech space. I work for one of the largest logistics companies in the world and we are going through a massive round of layoffs right now as well. I've been with this company 14 years and I've never seen anything like this. In the course of two weeks I'm almost at the bottom of the seniority list again even with all my time on. I go in every day now not knowing if I will have a job. And this isn't just the seasonal holiday employees being layed off. It's people I've worked with for years suddenly losing their jobs because of.... reasons, I guess.
The difference in shareholder reaction to something like this, vs Tim Cook saving the exact same amount of money but cutting his salary… 😢
His salary cut was less than 50 mil . Layoff 12000 high paid engineers is atleast 1 billion
Guys, it’s okay to say “I don’t know”. When touching on subjects you’ve got little to no real experience in. Might do you good
When I use chat gpt I sometimes get the message to many requests and then I can't use it for a hour. Also they said that it will cost 45 bucks a moth witch is way to expensive. I would pay like 3
For personal use it may be to expensive but for work it would be cheap. I use it right now sometimes at work to help me do some tasks that contain no confidential information, like writing or enhancing text / emails creating powershell scripts to automate some tasks. With a enhanced version it would save me so much time to do other things so I would happily pay 50€ a month.
@@SuperWotman dont let them scam you.
I have no problem with retail people asking if I need help…once. It’s good customer service as well as good loss prevention.
But repeatedly asking, usually because its a commission position, is annoying.
I’d rather they ask once rather than searching the sales floor looking for an associate to help me find a particular item.
Activision is making way more sense then openai
At least they already have products selling billions of dollars each year
I just always remember when after the failure of the WiiU Nintendo CEO and execs took mostly voluntary 20-50% pay cuts to keep staff as any short term financial improvements would’ve stunted their ability to come back losing all the trained and talented staff
The Japanese do everything right, including car manufacturing. The only exception being the work-to-death culture
The Japanese are an honor bound society so firing employees based on decisions made by Executives is seen as dishonorable. Over there is really hard to get fired. You gotta be a big prick to get fired over there. It's hard to get hired but if you do and are competent at your job you can have a job for life if you want it.
The thing is, just having on your resume that you worked for big tech adds a massive rep. Plus they don’t pay bad. It’s a gamble tbh.
A tale as old as time. From the perspective of leadership, leaders don't make mistakes. Everyone below you is a tool, to be disposed of when used.
i dont use siri or alexa or bixby (well i guess no one uses that) simply because i have to speak to it. Ive never really thought too much about it, but the whole speaking out loud thing puts me off, i like typing, it might just be the introvert in me but speaking aloud to no one makes my uncomfortable. And like i guess you can speak faster than you can type, but in a shopping or even searching scenario, its not always the case, like you can type out something long ish and then edit it really fast, or you could speak it really fast but then edit it really slow.
only time i would speak is if i cant do anything else
like if im driving or carrykng something heavy
One thing I've learned about the "tech' industry especially American" tech" industry is that they only need you when business is good. When business is bad, they don't want you. You don't see this in other companies in Asia.
Yeah the way American companies treat their employees is astonishing to me. Most European countries have strict laws around this, you couldn't post record profits, give your CEOs massive bonuses and then fire 5% of your employees because "bad market". Amazes me how easy it is to treat people as disposables in the US.
@@Nemcoification treating employees as disposable is the name of the game here in the good ol' US of A, unfortunately. Watching this made me think about how just a few years ago it seemed like studying for and working in the tech industry was near universally pushed onto teens and young adults leaving school and finding a career. Anyone who seemed remotely good at/interested in it? Teachers, parents, etc made it seem like a really good prospect since obviously all these new companies and tech goods and services are growing like crazy, they're gonna need a lot of employees and it'll pay well, right? Well... fast forward to these layoffs and its treated like: "they aren't needed anymore, and thats just the way things work! Unfortunate, but oh well." It really, really sucks.
A note on the hiring practises. While it certainly sucks for companies to over-hire and then fire people it does mean that overall employment is higher. Of course it isn't as good as hiring and not firing people but even in that scenario it would likely have involved stagnant hiring for an extended period of time. Assuming the people fired from google (who I've read are getting really good severance packages,) can't get new jobs they did have jobs for longer than they would of if they could never get a job at all. The increase of jobs also likely worked to increase rates of pay in those sectors. The issue I think is still the unreasonable claims of tech worker shortages to increase supply when there are job openings and distort the economics of the tech labour market. What will really rock the tech sector is if the venture capital funding some of the giant companies who don't really make money decides to invest in something that does make money. Imagine if Uber who as far as I can tell still have strong growth and high revenue but no profit, just closed up shop entirely.
This is a massive downside of capitalism, the workers pay a heavy price loosing pay during cycles of recessions and random corporate decisions they have no say in or are not responsible for. Then they get demonized for not having a job.
That's one hell of a mic. You can hear the water moving around inside the bottle at 1:17
Imagine having a mortgage and your life goes into ruin after 60 days
To Linus's one comment about stock price...I cant speak for Canadian markets but in the US the main reason for the up I think is mainly panic over our recent out of control inflation rates. When they see labor markets dip and businesses shed workforce they are rallying as they see it as a sign of cooling inflation.
Unfortunately in the US and Canada I believe, both countries decided to hand out helicopter money at the height of the pandemic. This created an out of control problem we're now kind of paying for. No money is free.
One of the massive niches for professional Chatgpt usage is tech support, At least at for the lower level it would be massive to have an unfeeling machine which has a massive database to solve problems and which can look it up almost instantly would be an insane improvement over rows of paid random people often uneducated on the subject and bored out of their mind.
They have a ton of employees who don't do shit. At least according to those 'day in the life' videos people post.
Investors have been frustrated with Google's extreme spending & hiring over the prior many years. Google was spending heavily on 'Other Bets,' where it has incurred huge losses due to overspending on projects like Calico, Google X, Google Fibre / Access...by laying off these employees, Google (Alphabet) will stem these losses and the company will become more profitable, and the stock goes up. It's just math. Investors are not stupid and they have been particularly critical of the tech industry's crazy hiring practices. Agree ChatGPT is amazing. Love your content!
I was using chatgpt yesterday, and it was literally doing basic math wrong (adding fractions)
It’s a language model it sucks at math but for scripting , coding or writing text it’s amazing I use it to save time at work sometimes by enhancing a text / email or enhancing / finishing powershell scripts I use to automate some tasks.
A ChatGPT subscription doesn't guarantee good results. You might not get ads, sponsored links and SEO-optimized search results, but companies will figure out how to game the system to get their promotional articles into the top results. That's what's happening with Google now; I can block ads and skip past the sponsored links, but I can't avoid the hundreds of BS pages that start explaining how to use some technology then branches off into a promo for their commercial product.
As someone who's interested in ML as a hobby / in their free time, it's funny to see how the whole industry seems to be scrambling for this, while meanwhile I'm stuck here doing one web dev project after another. Not really unhappy, though, AI may or may not experience another winter soon, while our society will sooner collapse before we stop needing smart people to build systems that automate transactions between humans.
Can't say I care, most of those people are for cancelling and censorship. Its fine when it happens to others but not them, hope it hurts. *the 1% of them that are against censorship/cancelling I do feel bad for.
The question isn't why are they always firin', its why they always hirin'? Tech companies are full of bloat and positions that should never have been filled in the first place.
Boy am I going to be confused when I rewatch this is two weeks time
Just caught this - a jewelery store lost a sizeable sale when they kept badgering me.
It's interesting how Linus sees agresive advertising done by others while constantly trying to push his own unnecessary products several times in each video.
Because he is good ole linus small millionaire while they are the big bad companies 😂