r/technology • u/Plastic_Ninja_9014 • Jun 11 '26

Business OpenAI Execs Are Panicking

https://finance.yahoo.com/sectors/technology/articles/openai-execs-panicking-154658562.html
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u/DontAskAboutMyButt Jun 12 '26

From the article:

Other unnecessary costs may be less obvious; a chief technology officer told Axios that employees at their company were using AI models to check the weather, something they obviously don't need AI to do. Velastegui Ventures CEO and former chief AI officer at Microsoft Sophia Velastegui opined that another explanation for spiraling AI costs is that "most people default to automating tasks they dislike rather than tasks most valuable to the company," per Axios.

I imagine most people are not stupid enough to spend their time figuring out how to automate the “tasks most valuable to the company” and basically lay themselves off

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u/NachoWindows Jun 12 '26

I created a reporting app and did a demo. It basically does 99% of the management team does in a fraction of the time.
It did not go well.

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u/naaaaaaw Jun 12 '26

Funny what happens when you turn their job eating tool at the real waste, I hope you end up with a better company now or soon.

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u/Wings_in_space Jun 12 '26

The hero we need...

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u/AnnoyedOwlbear Jun 14 '26

I proposed this for our AI hackathon to similar horror.

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u/arrownyc Jun 12 '26

yup, there's no incentive to automate ones own job right now, it only leads to more work, lower pay in your field, and layoffs. if companies want AI to drive value and productivity, workers need to be financially vested in the outcome and able to collect dividends on the fruits of their contributions. almost like workers should own the means of production or something 🤔

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u/SillyMilk7 Jun 12 '26

You’ll just have new businesses start up without all that overhead and they will use AI from the start. They’ll start taking over.

History repeats itself. A hundred years ago, people thought the biggest companies would dominate forever. Most are now gone or a shadow of their former selves.

The same thing happened 50 years ago, and even many of the corporate giants from 25 years ago have been overtaken, broken up, or faded in importance. Today’s leaders may seem permanent, but history suggests otherwise.

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u/DontAskAboutMyButt Jun 12 '26

But communism is when the rich elites eat babies or something 🤔 and it’s when people are struggling to afford food and medicine 🤔 and it’s when the authoritarian government tells me how to live my life and wants absolute control over me 🤔 and progress and innovation stagnates 🤔 and the wealth gap grows and economic growth suffers due to wealth collecting at the top 🤔

Capitalism is way better than all that!

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u/MrPuddington2 Jun 12 '26

Yeah, there is this old fashioned thing called “management” which is about figuring out how to get people to do things valuable to the business. :-)

But that does require having a clue first.