• Almacca@aussie.zone
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    1 month ago

    Can all you money-grubbing psychopaths just fuck off and stop ruining everything please?

  • GreenKnight23@lemmy.world
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    1 month ago

    bunch of greedy fucks.

    greed should be a registered mental illness that’s no different than OCD, schizophrenia, or PTSD.

    1000001574

    • doodledup@lemmy.world
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      1 month ago

      Everyone is greedy. It’s just rational maximization of profits. You do too. Or would you want to voluntarily waive parts of your salary?

      • pinball_wizard@lemmy.zip
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        1 month ago

        Or would you want to voluntarily waive parts of your salary?

        I already have. I could make so much more money with my skillset doing incredibly antisocial things…I choose not to.

      • taladar@sh.itjust.works
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        1 month ago

        It’s just rational maximization of profits.

        No, it really isn’t. It is rational to consider all upsides and downsides (profit just being one) of a decision and then weigh them according to your own personal priorities before trying to achieve an optimal result. This very rarely results in profits being the only priority.

      • pulsewidth@lemmy.world
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        1 month ago

        No, most people do not seek out competitor businesses (or even businesses in other sectors like in this case) so they can fire all the human workers in the hope of making more money.

        Non-tax-deductable donations are a voluntary waiver of salary. Most people have ethics and a conscience, its just the greedy minority that fuck it up for the community-minded majority.

      • interdimensionalmeme@lemmy.ml
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        1 month ago

        That profit comes from externalizing pain to others while capturing their livelihoods.

        To call not doing that “voluntary waiving parts of your salary” is incredibly manipulative.

        First these people aren’t salaried, they’re mercenaries, and of course their “compensation structure” ensures they’re largely free of the tax burden that the people they prey on have to endure.

        Second, just because you can do sonething doesn’t mean it’s the rigth thing to do. Not that these people have had a moral belief once in their lives.

        It is reallt aberrant all the evils that have been laundered in the name if money.

        I think the better question is why do we allow these sick individuals to carelessly wield chainsaws around us?

        • arun@ani.social
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          1 month ago

          Don’t forget the MBAs. The original motherfuckers who ruin everything.

      • lennivelkant@discuss.tchncs.de
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        1 month ago

        There is a difference between wanting to live comfortably, which is rational, and actively seeking ways to exploit others for your own gain beyond what you need to live. Greed isn’t “I want to have enough”, it’s “I can never have enough”.

        Society has always thrived on a measure of generosity. So many cultures have customs around giving gifts, because that’s how you build a support network of people that will help you out when you need it. Greed is shortsighted and destructive.

        Or would you want to voluntarily waive parts of your salary?

        Depends on the reason. If the waived amount goes to paying for healthcare, support someone suddenly unemployed or maintain infrastructure that I or other people need? Sure.

      • AA5B@lemmy.world
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        1 month ago

        would you want to voluntarily waive parts of your salary?

        Yes, I tend to vote for increased taxes to invest in education, environment, social welfare. And yes, that includes progressive taxes that hit me harder (as long as that also applies to the wealthy), and vice taxes that target my vices

          • AA5B@lemmy.world
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            1 month ago

            Hopefully you can see the difference between working for someone else profit, vsinvestments in all of our well being and a more fair tax structure

            • doodledup@lemmy.world
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              1 month ago

              So there is levels to greediness? You can call for higher taxes to have your conscience clear so you can be greedy elsewhere?

              Everyone is greedy. Nobody wants less income if it affects their quality of life.

              • AA5B@lemmy.world
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                1 month ago

                True, but there’s no reason that can’t coexist with a sense of fairness, and witha long term greater good

                Of course I don’t want to pay more taxes. However I realize I’ve been more successful than some, and a more progressive tax scheme is fair. I realize I have vices and don’t mind if there is a discouragement, as long as it applies to everyone fairly. I realize my success is based on a successful society and understand it is only fair to leave society in at least as good condition as I found it. Most importantly I have kids so I’m all for building a better future for them …. And understand that includes the society they will live in, the environment they will live in

            • Vinstaal0@feddit.nl
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              1 month ago

              Every country needs a more fair tax structure. Sadly a lot of people don’t seem to get that here in NL (among other countries). Even the left doesn’t really want to fix it. since increasing social security for the lower class makes it so the middle class pay a lot more taxes percentage wise.

              • AA5B@lemmy.world
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                1 month ago

                In the US we do that to some extent but not for the wealthy. Somehow we ended up with upper middle class paying the highest rate, then tax rates dropping as you get wealthy. It’s fair that I pay a higher rate than someone with less income, but very much not fair that I pay a higher tax rate than wealthy people

                • Vinstaal0@feddit.nl
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                  1 month ago

                  Is that actual rates? Or is the looking at different kind of taxes? I was talking about income tax + social security if you get it.

                  People with massive company structures can always pay less tax. Or at least less at this point in time. The only way to change rhis if every country works together to fix it

  • Melvin_Ferd@lemmy.world
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    1 month ago

    I don’t think this is as dramatic as a lot of you are saying it is. It works or it doesn’t. This is what VC should do

    • MentalEdge@sopuli.xyz
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      1 month ago

      Then you need to look into how private equity works.

      They buy mature companies, often with borrowed capital, and then place the debt on the purchased company. They essentially make companies take on a massive loan to buy themselves from themselves, except the private equity firm ends up the owner.

      The company then goes into overdrive trying to pay off the debt, while the firm makes changes intended to make the company “more efficient”. All while paying themselves “consulting fees” and “bonuses” for stepping in and “helping” the company do better.

      This usually means mass layoffs, dumping assets, paycuts, restructuring…

      Best case scenario, the company was already failing, and now it fails faster.

      Worst case… The company was doing perfectly fine, making a sustainable living for its employees. And then it gets purchased by a private equity firm.

      Suddenly everything is on fire. Not a single penny can go unpiched, workplace comfort unsacrificed, or employee unoverworked. And that that is the new norm, is the good ending.

      Private equity makes money by killing the golden goose, and then finding another. And then another. And then another.

      • Melvin_Ferd@lemmy.world
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        1 month ago

        I don’t know much about private equity. So I appreciate the explanation. But that all just sounds like modern business to me. It’s a product of who we are and what we allow.

        • MentalEdge@sopuli.xyz
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          1 month ago

          What do you mean “but”?

          This doesn’t produce anything. It removes jobs instead of creating them. And by the end there is one less company in the system.

          I wrote in response to you saying this is what they “should” be doing. That it would either work, or not.

          But this is working sustainable businesses being butchered for their value on the meat market, rather than operated long term.

          It most certainly isn’t what they “should” be doing.

          If this is the best way to make money, the rich will continue to do it instead of starting new companies. That is not going to have pleasant long-term effects on the world.

    • dantheclamman@lemmy.worldOP
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      1 month ago

      Have you ever used a chatbot for technical support? It’s infuriating. Yet the industry is barreling in that direction before the tech is ready, customers be damned. This is not what VC should do.

    • vivendi@programming.dev
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      1 month ago

      This is because auto regressive LLMs work on high level “Tokens”. There are LLM experiments which can access byte information, to correctly answer such questions.

      Also, they don’t want to support you omegalul do you really think call centers are hired to give a fuck about you? this is intentional

      • Repple (she/her)@lemmy.world
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        1 month ago

        I don’t think that’s the full explanation though, because there are examples of models that will correctly spell out the word first (ie, it knows the component letter tokens) and still miscount the letters after doing so.

        • vivendi@programming.dev
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          1 month ago

          No, this literally is the explanation. The model understands the concept of “Strawberry”, It can output from the model (and that itself is very complicated) in English as Strawberry, jn Persian as توت فرنگی and so on.

          But the model does not understand how many Rs exist in Strawberry or how many ت exist in توت فرنگی

          • Repple (she/her)@lemmy.world
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            1 month ago

            I’m talking about models printing out the component letters first not just printing out the full word. As in “S - T - R - A - W - B - E - R - R - Y” then getting the answer wrong. You’re absolutely right that it reads in words at a time encoded to vectors, but if it’s holding a relationship from that coding to the component spelling, which it seems it must be given it is outputting the letters individually, then something else is wrong. I’m not saying all models fail this way, and I’m sure many fail in exactly the way you describe, but I have seen this failure mode (which is what I was trying to describe) and in that case an alternate explanation would be necessary.

            • vivendi@programming.dev
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              1 month ago

              The model ISN’T outputing the letters individually, binary models (as I mentioned) do; not transformers.

              The model output is more like Strawberry <S-T-R><A-W-B>

              <S-T-R-A-W-B><E-R-R>

              <S-T-R-A-W-B-E-R-R-Y>

              Tokens can be a letter, part of a word, any single lexeme, any word, or even multiple words (“let be”)

              Okay I did a shit job demonstrating the time axis. The model doesn’t know the underlying letters of the previous tokens and this processes is going forward in time

    • Initiateofthevoid@lemmy.dbzer0.com
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      1 month ago

      The idea of AI accounting is so fucking funny to me. The problem is right in the name. They account for stuff. Accountants account for where stuff came from and where stuff went.

      Machine learning algorithms are black boxes that can’t show their work. They can absolutely do things like detect fraud and waste by detecting abnormalities in the data, but they absolutely can’t do things like prove an absence of fraud and waste.

      • vivendi@programming.dev
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        1 month ago

        For usage like that you’d wire an LLM into a tool use workflow with whatever accounting software you have. The LLM would make queries to the rigid, non-hallucinating accounting system.

        I still don’t think it would be anywhere close to a good idea because you’d need a lot of safeguards and also fuck your accounting and you’ll have some unpleasant meetings with the local equivalent of the IRS.

        • pinball_wizard@lemmy.zip
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          1 month ago

          The LLM would make queries to the rigid, non-hallucinating accounting system.

          And then sometimes adds a halucination before returning an answer - particularly when it encournters anything it wasn’t trained on, like important moments when business leaders should be taking a closer look.

          There’s not enough popcorn in the world for the shitshow that is coming.

          • vivendi@programming.dev
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            1 month ago

            You’re misunderstanding tool use, the LLM only queries something to be done then the actual system returns the result. You can also summarize the result or something but hallucinations in that workload are remarkably low (however without tuning they can drop important information from the response)

            The place where it can hallucinate is generating steps for your natural language query, or the entry stage. That’s why you need to safeguard like your ass depends on it. (Which it does, if your boss is stupid enough)

    • Korhaka@sopuli.xyz
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      1 month ago

      How easy will it be to fool the AI into getting the company in legal trouble? Oh well.

  • otacon239@lemmy.world
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    1 month ago

    I am so glad I got out of IT before AI hit. I don’t know how I would have handled customer calls asking why our chat is telling them their shit works when it doesn’t or to cover their computer in cooking oils or whatever.

    And only after they banged their head against the AI for two hours and are already pissed will they reach someone. No thanks.

    Thank god I can troubleshoot on my own.

    • tauisgod@lemmy.world
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      1 month ago

      When VC and PE call a company or industry “mature” it means they don’t see increasing revenue, only something to be sucked dry and sold for parts. To them, consistent revenue is worthless, it must be skyrocketing or nothing. If you want to see this in action right now, look what Broadcom is doing to VMWare. They also saw VMWare as a “mature company”.

  • Optional@lemmy.world
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    1 month ago

    “What if we threw a ton of money after the absolute shit ton of money we threw away?”

  • Vinstaal0@feddit.nl
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    1 month ago

    You can never fully replace an accountant with AI, you can replace the assistants, the bookkeepers, secretary and other support staff, but the accountants themselves are never going to be replaced. People want something that tells them everything is okey or trust on a certain quality standard. That’s why accountants where introduced in the first place.

    But man we are still manually entering data from invoices, using basic bank imports that in some countries(cough US) don’t even work properly to be trusted in the first place. Invest into AI in the right part of the accounting sector and you can make millions and I have been saying this from before the AI boom.

    Edit: nobody likes mindlessly entering transactions, that’s why bank connections are basically the standard now. Same for OCR invoice processing and asset tracking.

    • dantheclamman@lemmy.worldOP
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      1 month ago

      Automating data entry would be great. I myself would love that in my scientific job. It just seems like none of the agentic models are anywhere close to what’s needed to deliver that.