No. of Recommendations: 2
They can keep their jobs, if they work cheap enough.
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
“For my team, the cost of compute is far beyond the costs of the employees,” Bryan Catanzaro, vice president of applied deep learning at Nvidia, recently told Axios.
An MIT study from 2024 backs up Catanzaro’s experience. Analyzing the technical requirements of AI models needed to perform jobs at a human level, researchers found that AI automation would be economically viable in only 23% of roles where vision is a primary part of the work. In the remaining 77% of the time, it was cheaper for humans to continue their work.fortune.com - Nvidia executive cost of AI is greater than cost of employeesHow many of the fibre network operators went BK, 20-odd years ago? Qwest was kept afloat because of their acquisition of US West, one of the RBOCs. The office furniture company I worked for had a big conference table in the warehouse, that it couldn't deliver, because the fibre operator that had ordered it, had gone toes up.
Steve
