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re: Dow to cut about 4,500 jobs as emphasis shifts to AI and automation
Posted on 1/30/26 at 9:56 am to GhostofJackson
Posted on 1/30/26 at 9:56 am to GhostofJackson
Not sure if you saw where I said my kid's kids. My kid doesn't have a kid yet. So in 20 years, what their career decision making process will look like seems very depressing. Today? Now? Yes. We're short on tradesmen.
1
Posted on 1/30/26 at 10:05 am to Shreve Perry
Tradesmen will still be the second to last to be replaced. The last will be lawyers because they'll make sure the laws are on the books requiring physical lawyers to be present, even though robo lawyers may be just as good for many different types of law.
Posted on 1/30/26 at 10:05 am to Shreve Perry
quote:UBI has to have a source.
I'm going to watch it again today as I don't quite recall what their discussion on Universal Basic Income was, but what made me shiver was when he said "this will give people time to finally enjoy new hobbies. Become more creative". Just flippant about it.
If no one is working, where the frick will it come from?
Posted on 1/30/26 at 10:07 am to ragincajun03
CEO Jim Fitterling has been running Dow into the ground since he took over in 2017. DEI is a large part of Dow’s problem. He is using AI as an excuse to cut employees in an effort to help the tanking stock.
Posted on 1/30/26 at 10:07 am to Horsemeat
quote:
People thought AI was going after the blue collar jobs but in reality it's the pencil pushers being shown the door first.
Of course. AI can do anything that requires a computer
AI cannot turn a wrench. At least not yet until they create AI humanoid robots but I think we are a long way off from that being cost effective
Posted on 1/30/26 at 10:09 am to TigerHornII
quote:
This is why we have to reshore the supply chain and move jobs back here as fast as we can. The announcements by GM and the aluminum smelting plant just announced are two examples. AI will kill jobs, tariffs will bring more to replace them.
Also why we need to deport all illegals and strictly limit legal immigration
There are about to be plenty of Americans that will do those jobs
Posted on 1/30/26 at 10:12 am to Scruffy
quote:
UBI has to have a source.
It doesn't. We're going to cross the financial rubicon eventually. Money is already created from thin air as it is. We will just have much tigther controls. You'll get food and housing vouchers. Maybe travel vouchers too.
Posted on 1/30/26 at 10:14 am to fallguy_1978
Alarmism.
As someone in the tech sector, most of my collogues and I agree: the bubble is about the burst and it's going to make the dot com bubble look like childsplay.
Every major industry is hemorrhaging money hand over fist due to AI implementation and overhyped/speculative use case. Most industries in my sector utilized AI to circumvent actual people and aren't saving money in the slightest.
All generative AI is is an aggregate, a supped up search engine. If you structurally understand how it works (data in, data out per request and query), you understand that it lacks and will always lack the capacity of full automation at its fundamental level. The reason tech companies are starting to lose money on it is because ROI is horrible in investors eyes and investors are finally understanding that it's basically google on steroids and only really perfected for simple query's.
So calm ya tits and sell before the bubble bursts. And enjoy normalcy coming back to electronics prices and data centers not raising utility costs in your area.
As someone in the tech sector, most of my collogues and I agree: the bubble is about the burst and it's going to make the dot com bubble look like childsplay.
Every major industry is hemorrhaging money hand over fist due to AI implementation and overhyped/speculative use case. Most industries in my sector utilized AI to circumvent actual people and aren't saving money in the slightest.
All generative AI is is an aggregate, a supped up search engine. If you structurally understand how it works (data in, data out per request and query), you understand that it lacks and will always lack the capacity of full automation at its fundamental level. The reason tech companies are starting to lose money on it is because ROI is horrible in investors eyes and investors are finally understanding that it's basically google on steroids and only really perfected for simple query's.
So calm ya tits and sell before the bubble bursts. And enjoy normalcy coming back to electronics prices and data centers not raising utility costs in your area.
This post was edited on 1/30/26 at 10:15 am
Posted on 1/30/26 at 10:21 am to Scruffy
quote:
UBI has to have a source.
If no one is working, where the frick will it come from?
Well, yeah
Which I've tinkered in my brain could equate to not a currency, but a credit. Yeah, like in so many movies we've seen. Almost as if the Dollar isn't going to be a dollar one day, and even to a point where the trillions we are in debt now will just be deleted. That the populace won't contribute to "the UBI bucket", but instead, production of goods a services have all merged into one of several organization charts, each relying on the other for their collective bartered and sharing ability for material and expertise. The Elite own/run the organization chart.
Posted on 1/30/26 at 10:22 am to PhilipJFry
quote:
Alarmism.
As someone in the tech sector, most of my collogues and I agree: the bubble is about the burst and it's going to make the dot com bubble look like childsplay.
Every major industry is hemorrhaging money hand over fist due to AI implementation and overhyped/speculative use case. Most industries in my sector utilized AI to circumvent actual people and aren't saving money in the slightest.
All generative AI is is an aggregate, a supped up search engine. If you structurally understand how it works (data in, data out per request and query), you understand that it lacks and will always lack the capacity of full automation at its fundamental level. The reason tech companies are starting to lose money on it is because ROI is horrible in investors eyes and investors are finally understanding that it's basically google on steroids and only really perfected for simple query's.
So calm ya tits and sell before the bubble bursts. And enjoy normalcy coming back to electronics prices and data centers not raising utility costs in your area.
Disagree on points. I think you are correct that people are expecting AI to catch on and be profitable quicker than it will. On the other hand, realistically, these jobs that are being lost are ALREADY replaceable. They wouldn't be firing people with immediate affect if they thought they would have AI ready to do the job in 24 months.
Posted on 1/30/26 at 10:24 am to Shreve Perry
quote:
Well, yeah Which I've tinkered in my brain could equate to not a currency, but a credit. Yeah, like in so many movies we've seen. Almost as if the Dollar isn't going to be a dollar one day, and even to a point where the trillions we are in debt now will just be deleted. That the populace won't contribute to "the UBI bucket", but instead, production of goods a services have all merged into one of several organization charts, each relying on the other for their collective bartered and sharing ability for material and expertise.
The Elite own/run the organization chart.
It will probably be the USDC and will eventually be a complete readjustment. It's no secret that the physical USD has been getting smaller and smaller each year compared to virtual dollars.
Posted on 1/30/26 at 10:27 am to GhostofJackson
Point I'm making is "fools gold automation" isn't taking jobs away.
And I agree with you that most jobs that won't return will be due to redundancy. But to blame AI for that is bonkers.
The central issue is that the big 4 in the tech sector are catering their entire OS environments, hardware, and software suites to AI and it's a COLLOSSAL failure. And every subsequent tech company is a trickle from AMD, Intel, Meta, Microsoft, Google, Adobe, and Apple. The same situation is going to happen like in 99, you'll have one or two AI companies that survive and the tech is going to evolve into an actual, metered use case: supped up search engines to assist with simplified tasks.
Coders are fine. Accountants are fine. Mid level management is fine. It's been proven in every model (Claude, GPT5, grok, Gemini) that any task, regardless of knowledge data base, given to it that is more difficult for a 10 year old to complete, it hallucinates like crazy and shits itself. And it's just going to get worse.
And I agree with you that most jobs that won't return will be due to redundancy. But to blame AI for that is bonkers.
The central issue is that the big 4 in the tech sector are catering their entire OS environments, hardware, and software suites to AI and it's a COLLOSSAL failure. And every subsequent tech company is a trickle from AMD, Intel, Meta, Microsoft, Google, Adobe, and Apple. The same situation is going to happen like in 99, you'll have one or two AI companies that survive and the tech is going to evolve into an actual, metered use case: supped up search engines to assist with simplified tasks.
Coders are fine. Accountants are fine. Mid level management is fine. It's been proven in every model (Claude, GPT5, grok, Gemini) that any task, regardless of knowledge data base, given to it that is more difficult for a 10 year old to complete, it hallucinates like crazy and shits itself. And it's just going to get worse.
Posted on 1/30/26 at 10:28 am to GhostofJackson
Feels like AI implementation is just a nice PR/Investor excuse for what is typical restructuring here.
If AI has replaced 4500 jobs this quickly I have to hope senior management is being replaced for being so out of touch.
If AI has replaced 4500 jobs this quickly I have to hope senior management is being replaced for being so out of touch.
Posted on 1/30/26 at 10:29 am to Horsemeat
quote:
People thought AI was going after the blue collar jobs but in reality it's the pencil pushers being shown the door first.
Its the blue collar jobs that are safe. AI isnt going to dig your ditch, fix your toilet, or repair your transmission.
Posted on 1/30/26 at 10:29 am to GhostofJackson
quote:Yes it does.
It doesn't.
This isn’t Star Trek and financially it will never make sense.
Posted on 1/30/26 at 10:29 am to Dog Tree
quote:
Jim Fitterling has been running Dow into the ground since he took over in 2017
No argument on this, but Dow's troubles go back further than Fitterling. I worked for Dow for four decades, and on the one hand we made billions of dollars, while on the other hand the corporate brain trust was pissing most of that profit away on ill-advised mergers, product boondoggles and the like (Marion Merril, Texize, Union Carbide to name a few).
I also know from personal experience that Dow's leadership will always blame external "head winds" for the company's woes before ever looking inward.
Posted on 1/30/26 at 10:31 am to fightin tigers
quote:
Feels like AI implementation is just a nice PR/Investor excuse for what is typical restructuring here.
It goes even further than that. AI is so unfathomably stupid that companies are having to hire contractors to fix the issues that wouldn't have been there in the first place if they didn't implement the damn software to begin with. It's so half baked that companies are losing money after implementation just to fix the bullshite that generative AI causes.
Posted on 1/30/26 at 10:32 am to JohnnyKilroy
quote:
People thought AI was going after the blue collar jobs
Who tf thought that?
Exactly what I was coming here to post. Were people really expecting AI to take jobs from plumbers, electricians and welders?
Posted on 1/30/26 at 10:35 am to Scruffy
quote:
This isn’t Star Trek and financially it will never make sense.
No, it's not. Which is why the elite have to somehow socialize the impending displacement.
One thing they know is they're outnumbered millions to one. Nowhere to hide from that if/when people grab their guns, knives and 2 irons.
Posted on 1/30/26 at 10:39 am to PhilipJFry
quote:
Point I'm making is "fools gold automation" isn't taking jobs away.
And I agree with you that most jobs that won't return will be due to redundancy. But to blame AI for that is bonkers.
The central issue is that the big 4 in the tech sector are catering their entire OS environments, hardware, and software suites to AI and it's a COLLOSSAL failure. And every subsequent tech company is a trickle from AMD, Intel, Meta, Microsoft, Google, Adobe, and Apple. The same situation is going to happen like in 99, you'll have one or two AI companies that survive and the tech is going to evolve into an actual, metered use case: supped up search engines to assist with simplified tasks.
Coders are fine. Accountants are fine. Mid level management is fine. It's been proven in every model (Claude, GPT5, grok, Gemini) that any task, regardless of knowledge data base, given to it that is more difficult for a 10 year old to complete, it hallucinates like crazy and shits itself. And it's just going to get worse.
I also can't speak for every job field ever, but I can see little pockets here and there who are definitely screwed, even short term. AI can create content like art, and even complete, functioning scenes that can pass as real can be created. The entertainment industry, and industries that rely on speakers, visuals, and art are definitely in trouble. Virtual service jobs like phone customer service jobs are already about to be shredded, which is going rock India. Self-driving vehicles will become stanadard in the next 5 years which is going to affect shipping, and I imagine that this will somehow translate to shipping and flying in at least minor ways. Menial tasks that can be redistributed can and will continue to do so. Heck, look how well people trained themselves to give their own food orders at fast food restaurants and check themselves out at the store. These types of things will continue to spiral. Yes, maybe huge companies that have the largest infrastructures in the world will take longer time to change, but smaller companies won't as long as they have the ability.
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