Not to agree with him but… They already are and have been for a while?
He is desperately rhetorically flailing, trying to pitch the idea that temporary demand in construction of data centers = job creation.
Despite that the entire point of an AI data center is to automate away 100x to 100,000x as many jobs, permanently, as will actually exist for maybe 18 months, to build the thing.
Its a nakedly bad faith line of bullshit, literally insultingly stupid to anyone that’s taken a year of macro econ.
Even if you build the datacenters, … the amount of power needed for them would be roughly equivalent to building the entire electrical power infrastructure of Germany, and that would need to be done in 18 months.
Conpletely impossible, that’s like 10 years of the world’s current production rate of power transformers, in 18 months.
These guys would need a top down command economy and 5 year plans to do this, and they do not have that, so they’re basically just pretending they do. When it becomes evident that they were bullshitting, they’ll try to say ‘well thats how things should have been the whole time, with me in charge of everything!’
Delusional.
plus the trades will be saturated in the schools if they tried this and would depress wages.
I mean yeah, it would/could just be the inverse of what millenials/zoomers grew up with: ‘you have to
go to collegelearn a skilled trade if you want to have a decent living!’Hard to forecast precisely how strong the effect would be, but absolutely yeah, if a bunch of people flood into a specific category of labor… they will on aggregate depress their own wages.
… This is why the luddites smashed things.
Partially because the machines actually produced inferior output products, mostly because their proliferation caused mass unemployment/immiseration.
A society that wants to technologically progress must also socially progress, otherwise, you’re just building a tinder box.
While I sort of agree with you that that is his angle, service jobs that aren’t easily automatable will continue to climb in the “job stability and pay rate” category until the world figures out how to deal with Baumol’s Cost Disease:
What do you mean ‘deal with Baulmol’s cost disease’?
You mean general, broad inflation, right?
You’re worried that non-automatable low wages jobs will continue to be non-automatable low wage jobs, but slightly less low wage?
You’re worried that jobs tend to need to be done by people who can afford to be alive?
By his logic we wouldn’t need CEOs either, so silver lining?
Yeah but they make the rules
It annoys me to no end every single dumbass statement these idiot CEOs make is treated like news
Oh my god, Jensen Huang is losing it completely now, the billions have gone to his head, so he thinks he’s an oracle.
He might as well say we all need to become janitors, that follow each robot around to wipe it’s ass clean of oil.And, why is it always folk like him telling everyone else what they should be doing? They act like they’re the ones running the show and we all need to do what we’re told. If AI takes his job, will he be retraining as a plumber?
CEO says a thing journalism!
Next up: pop artists opinion on climate issues and global politics
Jensen can go fuck himself. Gamers built nvidia and he fucks them over at the first opportunity.
Can’t wait for the “pivot” back to gaming when AI crashes
As a gamer they already lost me years ago but I urge everyone else to let them fail as a general business memorial
China is filling that gap, fast.
i doubt it will, since he already bought years worth of AI chips, it would take him an extremely long time to pivot back, by then he would probably lose alot of value to nvidia,
He handed China one of the largest industries born from the US. When AI pops, there will be nothing for Nvidia to go back to.
Let me guess: the milllions of electricians are tasked with building the AI data centres, while the plumbers build the plumbing needed to flush all those tons of generated slop down the drain?
No, plumbers needed to help divert the worlds drinking water to cool servers.
Yep. And then everyone dies from the water shortages and the world population consists of a handful of billionaires surrounded by a vast dystopian landscape of data centres running AI for them… to do what, exactly? No one knows. But they want it!
Weird, because you could convert the cooling to distillation and make drinking water. But, as is tradition, suffering is the point.
Of they’re willing to pay for radiators for cooling with datacenters in space, they can just as well pay for radiators on Earth. They work better with air and not water needed al all.
CEOs quoted: 3
Labor leaders quoted: 0
When I was 16-22ish, I knew everything. I was sure of it. I had it all figured out. Everyone was an idiot except me. I tried giving everyone advice because I had the best advice.
Then reality kicked me in the ass and brought me down a couple pegs and I realized that I was so incredibly wrong. I’m just a guy with limited knowledge and the world and universe is so vast and different that no one can “know it all” or even come remotely close.
I’m so thankful for that. Otherwise I’d be a fucking moron with a dumb leather jacket waxing poetic about skilled trades as I pretend that next word guessing chatbots are the pinnacle of humanity’s creation.
I have a relative that’s an electrician working on a DC. He’s been one it for a year and has about two years left to completion. All of the electricians that are willing and able are working weekends on overtime pay to get this done, it’s all voluntary shifts.
He was talking numbers the other day, and their company gets to keep the difference is cost on the project if they come in under budget, and they’re on track to make over 1 million on top of what they quoted. None of that is being dispersed amongst the workers, at least for now. He said they recently did their weekly dialogue where everyone gets together in a room to talk about the project, and said it was abnormally quiet. People are upset and burning out. He said they could pay everyone an extra $20k a year out of that excess, and that may turn the motivation around, but so far nothing.
My point on that is, yea, they do need as many electricians as they can get, but thanks to capitalism, it ain’t going to happen and they’re going to start losing workers. That aligns with Jensen here, because like everyone other douchebag with power, he wouldn’t be saying this if the futures didn’t looked bleak on the work force. I also don’t know if $20k a year extra will be enough to offset 60 hour weeks specifically working on DCs.
That situation sounds an awful lot like when Uber and Lyft first started enshittifying during COVID.
We can take that further. It’s the core tenant of capitalism, so definitely ride share, but also most other companies. Most other companies aren’t as popular as Uber and Lyft though.
they enshitified long before covid.
white collar CEO attempts to sway public opinion by appealing to blue collar workers sensibilities
If anyone supports billionaires after this … fuck you.
He said wayyyy more stupid things, why is this the straw that broke the camel’s back?
It’s not for me. Why do so many of you misunderstand a simple sentence?
PREDICTION: : There is going to be a harder push for the public to buy smart/AI glasses. Companies will train robots to do trade jobs by using data from smart glasses.
No vacation/sick time to pay for. No benefits to pay for. Less work for HR. No unions. No liability. Lots of dreams to sell the public that never live up to the promises. <-- this is why people hate AI, along with the data centers.
We always needed to charge for automation. McDonalds kiosks should have to pay the tax as if they were hourly workers. They would still save on the remaining wages, the sick days and leave.
I didn’t even think about taxes. Good point. I bet companies would probably also get some sort of substantial tax write off. I don’t understand the end goal of AI and robots do everything.
Ideally automation makes it so we as a people need to work less, a universal basic income is generated through the taxation of automation.
Realistically the powers that be, facists and pedos, will emable their peers to pay less for more until we battle for who gets employment.
UBI likely wont happen anytime soon, since poor people make better Conservative voters, and thats what american regime wants, easy to manipulate into low-wage only jobs, added bonus of being fodder for the armed forces and LEO.
America is a force for evil, I dont expect anything decent, groundbreaking, progressive or intelligent to come out of there.
I am hopeful for countries that havemt been playing life on easy and still throwing their toys out of the pram
Before that prisoners will be operating machinery remotely from their cells. Then they will reintroduce debtors prison.
they will be forced to be on those electric generating bikes 24/7 eventually, chained to the bikes 24/7.
Part of the problem for them is that most of that work involves input that they don’t have a means to capture.
Think of manual work that becomes too difficult or impossible just by wearing gloves and dulling the touch sensation, and even then you still using how it feels as a significant input. Also output is far more complex and not instrumented, and camera footage doesn’t cut it.
This is why driving is, comparatively, easier for the machine learning approach. The vast majority of input is visual, some audio. The only outputs that matter are the turn of a wheel and actuating a couple of pedals.
They’ve been trying with remote operation (the glasses don’t do it, but remote operation ensures all input and output can be captured), but it’s just really hard to remotely do a lot of this stuff without just being able to touch and feel things through.
Open ended manual work is going to be actually trickier than “knowledge work”, and knowledge work isn’t exactly fantastic as it stands yet either.
Interesting. Thanks
That’s what they said about software developers and coders.
“The skilled craft segment of every economy is going to see a boom. You’ve going to have to be doubling and doubling and doubling every single year.”
Doubling every year? For how many years, Jensen? Enough for all these people to finish trade school and make a decades-long career? And how are the AI companies who already can’t see any way to make a profit going to fund this exponential growth in their costs?
64 years. 64 bit computing and all that
