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Society/Culture AI - The SRP Artificial Intelligence Thread

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The car removed the horse. The driver of the horse still drove the car

AI is replacing the person.

That is the difference.....

This is going to one of the biggest changes in history. This is coming for everyone, in some shape or form. Some will use it. Some will be replaced by it. it sounds alarming because it is alarming.
It's advancing in tandem with robotics, which it will almost certainly have an increasing role in developing.
 
There wouldn’t be many jobs left in certain factories or distribution centres which have been automated for decades.
We don’t need to imagine what will happen just learn the lessons
 

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block just sacked almost half its workforce. 10k to 6k - SP up 30%

Anyone who thought AI isn't going to take jobs is kidding themselves. its already started and will only gain momentum.

If you are in anyway related to basic admin or software development, you need to start looking to pivot. Now.
The thing with block though

They went big into crytpo and Bitcoin tanked

If they say they're cutting 40% of their workforce because of that their shares also tank

But if they say it's because of AI success their shares go up
 
block just sacked almost half its workforce. 10k to 6k - SP up 30%

Anyone who thought AI isn't going to take jobs is kidding themselves. its already started and will only gain momentum.

If you are in anyway related to basic admin or software development, you need to start looking to pivot. Now.
a lot of jobs I went to uni for are in the firing line. Kind of glad I missed.

wont be long and you eill go to a display home site snd deal with AI.

SUpermarkets arent far away in Aus from automation.

Companies will do whatever they need to cut costs.
 
Seems like we need more "human" verification, maybe financial institutions should start employing "more" people?

The cyber security guy is talking some amount of shit in that article. Creating fake identities with data leak information and getting secured lending, yeah nah. The ID takeovers might be able to slip through for the odd credit card application they can max out and dump before anyone notices but the bank would need to be extremely negligent with sloppy processes for that to happen with a home loan, not to mention the criminals facing a nervous wait for it to go through conveyancers as well as the bank.

There is an AFR article which outlines what is actually happening with the CBA stuff which would be replicated across the entire industry. They launder money through fake self employed income. With self employed you can't just ring up the employer and check the income details like the guy in the article is saying. They just get a dodgy accountant to knock up fake company tax returns and fake company financials. The only cross check for the verification of self employed income is a notice of assessment but that only comes into play if the director is paying themselves a wage or a dividend from the company. If the income is just sitting there as undistributed profit in the fake company financials there is currently no way to verify that. You can pick it when AI or some mortgage broker who doesn't know what they are doing are creating the docs and the income and expenses are not in line with what you expect from the particular type of business but if you have a dodgy accountant that is doing them and understands what should be reflected in the financial statements, it is next to impossible to detect. The $1 billion that CBA have self reported will be the tip of the iceberg. Ultimately the wash up from all this will be that the ATO will have to provide some sort of verification system for banks to cross check the self employed income financial results provided to the bank with what the customers have actually lodged to the ATO.
 
The cyber security guy is talking some amount of shit in that article. Creating fake identities with data leak information and getting secured lending, yeah nah. The ID takeovers might be able to slip through for the odd credit card application they can max out and dump before anyone notices but the bank would need to be extremely negligent with sloppy processes for that to happen with a home loan, not to mention the criminals facing a nervous wait for it to go through conveyancers as well as the bank.

There is an AFR article which outlines what is actually happening with the CBA stuff which would be replicated across the entire industry. They launder money through fake self employed income. With self employed you can't just ring up the employer and check the income details like the guy in the article is saying. They just get a dodgy accountant to knock up fake company tax returns and fake company financials. The only cross check for the verification of self employed income is a notice of assessment but that only comes into play if the director is paying themselves a wage or a dividend from the company. If the income is just sitting there as undistributed profit in the fake company financials there is currently no way to verify that. You can pick it when AI or some mortgage broker who doesn't know what they are doing are creating the docs and the income and expenses are not in line with what you expect from the particular type of business but if you have a dodgy accountant that is doing them and understands what should be reflected in the financial statements, it is next to impossible to detect. The $1 billion that CBA have self reported will be the tip of the iceberg. Ultimately the wash up from all this will be that the ATO will have to provide some sort of verification system for banks to cross check the self employed income financial results provided to the bank with what the customers have actually lodged to the ATO.

But from my understanding the fakes are almost if not identical.

Isn't the solution phone calls, or video verification using real people? Maybe showing one document or payslip isn't enough.

I'm just trying to spitball here, if AI is going to take away some jobs in the future this could be an avenue where it could add jobs.
 
But from my understanding the fakes are almost if not identical.

Isn't the solution phone calls, or video verification using real people? Maybe showing one document or payslip isn't enough.

I'm just trying to spitball here, if AI is going to take away some jobs in the future this could be an avenue where it could add jobs.

They wouid save money in the long term by employing people
 
What do you think of AI overall? Is it going to lead to a glorious revolution where humankind achieves advances we cannot even imagine, or is it going to take our jobs before turning on us and exterminating us?

I'm of the school of thought that AI will wipe out millions of white-collar jobs within a few short years, while leaving blue-collar jobs relatively unscathed. If managed poorly, millions of people will be thrown from being relatively well-paid to being on Centrelink. I am not trying to say that AI is inherently bad or evil. Rather, I believe society is not ready for what it will do, and we need to start getting ready in a hurry.
 

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Its turning things to shit.

There's so many AI chat bots posing as famous actresses on FB as well, my dad continues chatting with them, to the point they're asking for money and other personal info.

I and just about everyone close to him has tried to warn him off them, but he keeps getting sucked in. To the point I want to take his phone off him 😭😬 as he doesn't listen to any of us.
 
What do you think of AI overall? Is it going to lead to a glorious revolution where humankind achieves advances we cannot even imagine, or is it going to take our jobs before turning on us and exterminating us?

I'm of the school of thought that AI will wipe out millions of white-collar jobs within a few short years, while leaving blue-collar jobs relatively unscathed. If managed poorly, millions of people will be thrown from being relatively well-paid to being on Centrelink. I am not trying to say that AI is inherently bad or evil. Rather, I believe society is not ready for what it will do, and we need to start getting ready in a hurry.
I largely agree with this. Policy debates that I've seen around AI haven't really factored in the ramifications you mention. UBI, that's some commie BS dystopia..... They refuse to tax the wealthy tech bro billionaires either. Or do anything about privacy concerns online and all the scam chat bots out there.
 
all the scam chat bots out there.
The funniest one I've seen was emailing us to buy advertising. I don't do that part of things so I was just convincing it in email exchanges to agree to an exorbitant rate. It kept apologising and agreeing with me. Once we got to the huge rate I didn't hear from it again. I am guessing that once it gets the "agreement" signals it passes it off to a human to do the rest. Anything too high that person just never responds.

Efficient way to gather sales leads if you ignore the data centre impact.
 

Mr Diwakar warns that a job wipe-out is on the way and Australians aren't prepared.

"I don't think we have the policy or infrastructure in place to support mass redundancies or displacement of jobs. I don't think our policy makers have really thought through it," he said.

"I fear for what happens when AI comes for our jobs."
 
Well, if AI puts about a fifth, a quarter, a third or half the Australian work force out of a job rapidly, that's one way to cool house prices ...

The human suffering would be untold. But a three-bedder might become more affordable, for those who keep their jobs.
 

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This is a cautionary tale about accepting AI data sans verification. A woman was arrested in the US for bank fraud and incarcerated for 5 months because of AI facial recognition that misidentified her. The case was a farce, no one seems to have done any checking, just arrested a woman solely on the basis of AI facial recognition.

'Police in Fargo, North Dakota, have acknowledged “a few errors” in the case and pledged changes in their operations but stopped short of issuing a direct apology.'

I hope she gets a very large settlement
.

Use of AI exposes one of the greatest traits of human race, taking the easy answer and not doing the work.
 
UBI could be a solution to such a widespread job loss from AI, but I've not seen it mentioned since Yang ran for President.

But from everything I've seen, it's seen as a commie dystopia.
 
The car removed the horse. The driver of the horse still drove the car

AI is replacing the person.

That is the difference.....

This is going to one of the biggest changes in history. This is coming for everyone, in some shape or form. Some will use it. Some will be replaced by it. it sounds alarming because it is alarming.

10 years ago coders were in massive demad...kids were doing coding after school.......imagine another 10 years where we will be with AI. its insane
This is more like the development of the tractor, plough and fertilizer. They eliminated 85 percent of the worlds jobs at the time.

Human standard of living took a great big step foward as a result. Ai will eventually deliver the same. It will probably be even bigger to be honest. Managing the transition will require competent and educated governments. I have my doubts around the last part.
 
UBI could be a solution to such a widespread job loss from AI, but I've not seen it mentioned since Yang ran for President.

But from everything I've seen, it's seen as a commie dystopia.
It hasnt been mentioned because inflation took off.

Ubi was an idea that may of worked to a very small degree in a stagnating economy where governments were underspending. That occured between 2012-20. It was a brief period that everyone now recognizes as a outlier and not the new norm (although i was telling everyone this at the time). Ofcourse a better solution to underspending was to either lower taxes or increase spending.

In saying that, ubi is also an option when ai can do the majority of jobs for a very low cost and we no longer need to incentivize people to work to produce enough resources for everyones wants to be reasonably satisdfied purely through redistributing AI revenues. We are still a long way from that. Best case scenario is at least 30 years but probably after we are all dead. Before we get to that we go down the path of increasing welfare payments to the unemployed, eliminating taxes on low income workers, increasing taxes on capital and reducing the work week.
 
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It hasnt been mentioned because inflation took off.

Ubi was an idea that may of worked to a very small degree in a stagnating economy where governments were underspending. That occured between 2012-20. It was a brief period that everyone now recognizes as a outlier and not the new norm (although i was telling everyone this at the time). Ofcourse a better solution to underspending was to either lower taxes or increase spending.

In saying that, ubi is also an option when ai can do the majority of jobs for a very low cost and we no longer need to incentivize people to work to produce enough resources for everyones wants to be reasonably satisdfied purely through redistributing AI revenues. We are still a long way from that. Best case scenario is at least 30 years but probably after we are all dead. Before we get to that we go down the path of increasing welfare payments to the unemployed, eliminating taxes on low income workers, increasing taxes on capital and reducing the work week.
I'll take your word for it. At some point there's gonna have to be a policy debate about the impact of AI and the amount of jobs it's gonna take.
 
I'll take your word for it. At some point there's gonna have to be a policy debate about the impact of AI and the amount of jobs it's gonna take.
To be honest, it's probably going to take a UBI for the AI thing to even work if they replace that many jobs.

Capitalism survives on the flow of resources into products into purchasing; businesses need cash flow to sustain themselves. AI businesses sell solutions to business issues; it requires those businesses to function. If those businesses have no customers, the AI businesses will have no customers and the whole thing collapses under its own weight.

Insert a UBI, and those customers still exist. The AI provides those selfsame solutions, the businesses that own them profit, the businesses that purchase AI services profit. Money still flows.

Make no mistake, they're going to realise it's going to be unworkable without a means of cashflow from the very people whose income they're going to replace. It's only going to be before or after those people begin to starve that a solution will be found, and that solution is going to be a market based solution, and the only way this'll work is if the government begins to give those people money.

Mass starvations are revolution fuel, and there's an awful lot of guns in America.
 

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