> If AI actually starts replacing jobs, society is going to collapse/restructure to the point that risk management no longer applies.
Once more, with feeling: automation has continued to replace jobs. That's why you aren't currently toiling in a field to eke out a meagre subsistence living. If AI starts to replace jobs (a statement made true if a single job is replaced by AI) then likely the good or service that fronts that job will become slightly cheaper, or the same.
I spend 90 minutes in a meeting with our CEO and two board members and the one guy went on almost the entire time about how amazing OpenAI Operators was and how we should find a way to replace most of our people with it. All because it was able to buy a plane ticket after he give it his login credentials.
The parent comment asked (very specifically!) for real examples, not C-suite fantasies. They received a reply literally describing the fantasy of a c-suite individual. I thought that was funny.
How my one sentence reply pointing out the irony of the reply led you to believe that I (we? lots of HNers?) lack creativity is beyond me.
If management knows that underperformers are underperformers in order to fire them in favor of LLMs then management could do it already in favor of better workers.
You can basically string replace "replace underperforming humans" with "replace humans". That is their dream
I'm dealing with this as well. CEO basically soiled himself with excitement in a group chat, some toadies joined in, most were silent. Because how else can you receive that other than "think of all the money we'd have if we could get rid of those needy workers"
Even if the technology of AI ends up driving a huge economic value there is no guarantee that will translate into NVIDIA stock performance. The expectation that NVIDIA will capture a lot of this value is already priced in to the stock, which is a major reason why the current price is so high.
What I can't wrap my head around is the fact NVDA almost is a representation of "AI infrastructure" in the narrative. It is weird now that everyone is saying the focus is be in inference / test time scaling compute: inference should be easier to offload to chips from other manufacturers.
Maybe I'm too dense to get it, but that doesn't make sense to me.
Me too. Just as most problems won't need "phd-level intelligence" (whatever they might want you to think, 10x devs don't require phd skills nor research abilities / test time compute for being good at their job), most problems won't need subsecond latency or response time.
I'm fine waiting, not sure if others really need the best now or ever.
For prisons see GEO (up 100% since the election [0]) and CXW (Up 50% [1])
gov't contractors are in a bit of a bind given the treasury chaos (consider the current agenda to cut waste and inefficiencies)
Looking around for private security I don't see anything publicly traded but I did learn there is an ETF named GUNZ [2] and one might check out the companies they invest in.
