1 00:00:01,840 --> 00:00:05,840 Speaker 1: All Zone media. Hell, and welcome to this week's Better 2 00:00:05,880 --> 00:00:08,440 Speaker 1: Offline Monologue. You best bet I'm your host ed ziit 3 00:00:08,480 --> 00:00:18,200 Speaker 1: trum what Now? This week, you've probably heard some scary 4 00:00:18,280 --> 00:00:20,920 Speaker 1: numbers that fifty percent of all white collar jobs will 5 00:00:20,960 --> 00:00:22,919 Speaker 1: be replaced in the next one to five years. And 6 00:00:22,960 --> 00:00:26,360 Speaker 1: it's come directly from despicable Carnival Barker Dario ama Day. 7 00:00:26,400 --> 00:00:28,960 Speaker 1: I like calling him Warrio. It's funny. He's the CEO 8 00:00:29,000 --> 00:00:32,000 Speaker 1: of Anthropic and he repeated this egregious lie to both 9 00:00:32,120 --> 00:00:34,880 Speaker 1: Axios and CNN, leading to the most of the rest 10 00:00:34,920 --> 00:00:38,240 Speaker 1: of the media just quoting it advobating without thinking. Now, 11 00:00:38,280 --> 00:00:41,680 Speaker 1: to be specific, he said that AI would wipe out 12 00:00:41,880 --> 00:00:44,520 Speaker 1: half of all entry level white collar jobs and spike 13 00:00:44,600 --> 00:00:46,960 Speaker 1: unemployment to ten to twenty percent in the next one 14 00:00:47,000 --> 00:00:51,159 Speaker 1: to five years. It's always this fucking he always says like, oh, 15 00:00:51,240 --> 00:00:54,320 Speaker 1: it's that one year, all that five years. I don't know, mate, 16 00:00:54,400 --> 00:00:56,400 Speaker 1: how werem I meant to know? I'm just making shit up. 17 00:00:57,040 --> 00:00:58,960 Speaker 1: And this is the entire quote, by the way, the 18 00:00:58,960 --> 00:01:02,120 Speaker 1: fundament of at least different news stories and an egregious 19 00:01:02,160 --> 00:01:05,760 Speaker 1: line of shit. Now, to quote the excellent Allison Morrow 20 00:01:05,760 --> 00:01:09,160 Speaker 1: of CNN, Amiday didn't cite any research or evidence to 21 00:01:09,240 --> 00:01:12,080 Speaker 1: that fifty percent estimate, and she added that Ammaday is 22 00:01:12,120 --> 00:01:14,640 Speaker 1: a salesman and it's in his interest to make his 23 00:01:14,720 --> 00:01:17,800 Speaker 1: product appear to be inevitable and so powerful it's scary, 24 00:01:18,040 --> 00:01:20,800 Speaker 1: and that little of what Ammaday told Axios was new, 25 00:01:21,120 --> 00:01:23,680 Speaker 1: but it was calibrated to sound just outrageous enough to 26 00:01:23,760 --> 00:01:26,720 Speaker 1: draw attention to anthropics work. I've said it once and 27 00:01:26,720 --> 00:01:29,000 Speaker 1: I'll say it again. Alison Morrow may be one of 28 00:01:29,040 --> 00:01:32,760 Speaker 1: the best living business reporters. Everyone should be taking notes 29 00:01:32,800 --> 00:01:34,640 Speaker 1: from her. She is the best. She was on the 30 00:01:34,680 --> 00:01:38,440 Speaker 1: price Gouging, she's been on AI. She's really incredible. I'm 31 00:01:38,480 --> 00:01:40,680 Speaker 1: saying this because Allison's been on the show and she rocks. 32 00:01:40,680 --> 00:01:43,200 Speaker 1: She'll be back, and also because I'm pretty critical of 33 00:01:43,200 --> 00:01:44,560 Speaker 1: the media and I need to give credit where it's 34 00:01:44,640 --> 00:01:47,600 Speaker 1: due now. In the same week, Oxford Economics put out 35 00:01:47,640 --> 00:01:49,720 Speaker 1: a report about how entry level workers were facing a 36 00:01:49,800 --> 00:01:51,960 Speaker 1: job crisis and vaguely mentioned in the preview of the 37 00:01:51,960 --> 00:01:54,600 Speaker 1: report that there are signs that entry level positions are 38 00:01:54,600 --> 00:01:58,640 Speaker 1: being displaced by artificial intelligence and higher rates, causing Axios 39 00:01:58,680 --> 00:02:00,800 Speaker 1: to run an article claiming that they're was now hard 40 00:02:00,840 --> 00:02:03,680 Speaker 1: evidence that AI was driving job loss. I should also 41 00:02:03,720 --> 00:02:06,520 Speaker 1: add Kevin Rouse, you know, the marketing intern that also 42 00:02:06,600 --> 00:02:09,079 Speaker 1: runs a New York Times column. He just quoted that 43 00:02:09,160 --> 00:02:12,040 Speaker 1: adverbatum like that. That's the exact quote he used in 44 00:02:12,080 --> 00:02:13,839 Speaker 1: a story in the New York Times. Didn't even bother 45 00:02:13,880 --> 00:02:16,480 Speaker 1: opening the fucking thing. Now. One might think, anyway that 46 00:02:16,520 --> 00:02:19,120 Speaker 1: the report would have like, I don't know hard evidence 47 00:02:19,200 --> 00:02:22,480 Speaker 1: based on what Axio said, and you'd be wrong. On 48 00:02:22,520 --> 00:02:24,600 Speaker 1: the very first page, it says that there are signs 49 00:02:24,600 --> 00:02:27,359 Speaker 1: that entry level positions are being displaced by official intelligence 50 00:02:27,360 --> 00:02:29,720 Speaker 1: at higher rates. On page three, it claims that the 51 00:02:29,800 --> 00:02:32,480 Speaker 1: higher adoption rates by information companies, along with the sheer 52 00:02:32,639 --> 00:02:36,480 Speaker 1: employment declines in some roles since twenty twenty two, suggested 53 00:02:36,560 --> 00:02:39,640 Speaker 1: some displacement effect from AI, and digging deeper, the largest 54 00:02:39,639 --> 00:02:42,520 Speaker 1: displacement seems to be entry level jobs normally filled by 55 00:02:42,560 --> 00:02:46,200 Speaker 1: recent graduates, and that is the whole argument that some 56 00:02:46,320 --> 00:02:48,720 Speaker 1: roles that could maybe be automated with generative AI have 57 00:02:48,760 --> 00:02:52,000 Speaker 1: seen declines and employment and so called information companies have 58 00:02:52,040 --> 00:02:56,200 Speaker 1: been adopting AA at supposed and undisclosed rates, meaning that 59 00:02:56,280 --> 00:02:59,880 Speaker 1: AI has taken these jobs. Did these companies actually replace 60 00:03:00,040 --> 00:03:02,440 Speaker 1: workers with AI who knows no need to bother checking 61 00:03:02,520 --> 00:03:04,480 Speaker 1: that or whether one can actually replace any of these 62 00:03:04,560 --> 00:03:07,280 Speaker 1: roles with AI. Boast the report done, sold, go home, 63 00:03:07,320 --> 00:03:10,120 Speaker 1: smoke a cigarette. You did it, Champ, You put out 64 00:03:10,120 --> 00:03:13,080 Speaker 1: your fucking report, even if the report's bullshit. Actually the 65 00:03:13,080 --> 00:03:15,760 Speaker 1: rest of the report's pretty good. It's just this weird bit. 66 00:03:16,160 --> 00:03:19,600 Speaker 1: I'm pretty sure they just did four pr They knew 67 00:03:19,639 --> 00:03:21,960 Speaker 1: that people would just go, oh my god, nurs Oh 68 00:03:22,000 --> 00:03:25,359 Speaker 1: my goodness. AI is taking the jobs. I must cover that, 69 00:03:25,639 --> 00:03:28,959 Speaker 1: except the people doing it on old people. They're people. 70 00:03:29,000 --> 00:03:31,840 Speaker 1: I'm thirty nine years old, they're my age, maybe a 71 00:03:31,880 --> 00:03:36,200 Speaker 1: little older, maybe a little younger. It's fucking terrifying. And like, 72 00:03:36,680 --> 00:03:40,000 Speaker 1: while are absolutely some jobs being taken by AI, there 73 00:03:40,080 --> 00:03:42,240 Speaker 1: is to this point little or no research that suggested 74 00:03:42,240 --> 00:03:43,960 Speaker 1: that it's happening at scale. And I must be clear 75 00:03:43,960 --> 00:03:45,760 Speaker 1: that I don't want this to happen. I'm just saying, 76 00:03:45,840 --> 00:03:49,040 Speaker 1: tell the fucking truth. The easiest way to prove me wrong, 77 00:03:49,080 --> 00:03:51,800 Speaker 1: by the way, would be to find an actual company 78 00:03:51,800 --> 00:03:54,840 Speaker 1: that's done it. Show me a company that has actually 79 00:03:54,920 --> 00:03:58,160 Speaker 1: replaced full employees with generative AI. Show me the job 80 00:03:58,200 --> 00:03:59,960 Speaker 1: that the AI is doing and how it is doing it, 81 00:04:00,160 --> 00:04:02,480 Speaker 1: and then the output that it creates do not bring 82 00:04:02,480 --> 00:04:05,400 Speaker 1: me a goddamn call center. I swear to Christ They've 83 00:04:05,400 --> 00:04:08,680 Speaker 1: been trying to automate those since they invented them. They've 84 00:04:08,720 --> 00:04:12,160 Speaker 1: already been doing automation before large language models. If anyone 85 00:04:12,200 --> 00:04:15,760 Speaker 1: actually looked into anything in technology, they would know the 86 00:04:15,800 --> 00:04:19,640 Speaker 1: companies have been doing this already. It makes me feel insane, 87 00:04:19,839 --> 00:04:23,440 Speaker 1: and you can't show me this because it isn't fucking happening, 88 00:04:23,440 --> 00:04:26,360 Speaker 1: and I'm sick of people pretending it is. These articles 89 00:04:26,400 --> 00:04:29,839 Speaker 1: do not serve the public. They do not inform the public. 90 00:04:30,000 --> 00:04:33,480 Speaker 1: They are propaganda for companies like open Ai, Anthropic, and 91 00:04:33,600 --> 00:04:36,200 Speaker 1: Microsoft to pretend that their software does more than it 92 00:04:36,279 --> 00:04:39,040 Speaker 1: can now or ever will, so that they can continue 93 00:04:39,120 --> 00:04:42,039 Speaker 1: raising billions of dollars or raising their market caps. The 94 00:04:42,120 --> 00:04:44,600 Speaker 1: media refuses to dig too deep because doing so would 95 00:04:44,600 --> 00:04:46,520 Speaker 1: move against the will of the markets and their editors, 96 00:04:46,640 --> 00:04:48,840 Speaker 1: or worse still, they just don't care enough to check 97 00:04:48,880 --> 00:04:52,080 Speaker 1: whether what they're saying is true. It's the same insincere, 98 00:04:52,160 --> 00:04:55,200 Speaker 1: craven bullshit we saw with the metaverse, with Crypto, with 99 00:04:55,279 --> 00:04:57,760 Speaker 1: the return to office Demands of twenty one and twenty 100 00:04:57,800 --> 00:05:00,960 Speaker 1: twenty two, with Quiet Quitting with companies price gouging and 101 00:05:00,960 --> 00:05:04,880 Speaker 1: blaming it on inflation. Reporters are far too willing to 102 00:05:04,920 --> 00:05:07,400 Speaker 1: follow exactly what they think the world wants to read, 103 00:05:07,680 --> 00:05:11,920 Speaker 1: rather than actually sharing the truth or learning anything themselves. 104 00:05:12,720 --> 00:05:14,520 Speaker 1: And my next episode is going to be a three 105 00:05:14,600 --> 00:05:17,880 Speaker 1: parter about why I think this keeps happening. Our economy 106 00:05:17,920 --> 00:05:20,400 Speaker 1: is dominated by people that are fully disconnected from the 107 00:05:20,440 --> 00:05:23,320 Speaker 1: world around them, that buy things and sell things for 108 00:05:23,440 --> 00:05:26,719 Speaker 1: other people that are disconnected to I call them business idiots, 109 00:05:26,720 --> 00:05:28,839 Speaker 1: and they're everywhere, and I can't wait to tell you 110 00:05:28,880 --> 00:05:31,640 Speaker 1: all about the next week. They turn my bloody stomach, 111 00:05:31,960 --> 00:05:34,360 Speaker 1: but I love you listeners, and you're gonna love this