If anything, AI hype is actually helping keep many of us employed. And if/when it bursts, there will be more layoffs.
Interest rates have an effect, but we also couldn't have survived with NZIR and Federal money printing like during COVID.
Interest rates have an effect, but we also couldn't have survived with NZIR and Federal money printing like during COVID.
AI is also going to keep many of us unemployed. I'm running a small version of Deepseek R1 locally and it does an extremely good job of predicting of where I'm going in a number of situations. I went to pull out some code into another function. As soon as I finished typing the name of the new function, it immediately suggested the exact code I was planning to move into the new function. All I had to do was hit tab. I didn't have to do the copy and paste myself. This was thirty lines of code and it chose the correct starting line and ending line.