It appears to be working, to execs and CEOs. But this will eventually be a problem when you are missing skilled workers who can handle things AI cannot.
It’s basically overprized placebo, but the placebo effect is real. Honestly not sure how well this translates to company profits; shareholder value can definitely work like that, though - it increases because people think that whatever the company is doing will increase profits, not because it actually does.
If it’s stealing real jobs, perhaps it is time you should reconsider the ‘doesn’t work’ perspective.
It seems to work just fine my dude.
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It appears to be working, to execs and CEOs. But this will eventually be a problem when you are missing skilled workers who can handle things AI cannot.
thats why they are trying to get india to build the datacenters for them right now, and outsourcing some of the workers there.
Millions of people use homoeopathic medicine instead of visiting doctors. That doesnt mean homoeopathy works.
It’s basically overprized placebo, but the placebo effect is real. Honestly not sure how well this translates to company profits; shareholder value can definitely work like that, though - it increases because people think that whatever the company is doing will increase profits, not because it actually does.