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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 10:42 am to Scruffy
Posted on 1/30/26 at 10:42 am to Scruffy
quote:
This isn’t Star Trek and financially it will never make sense.
We already have a large base of people who are on welfare. On top of that, we are introducing people to the Overton Window for UBI. It's definitely possible, and I think you overestimate the population right now. Yes we have a lot of people willing to protest, but we have far, far more willing to placate themselves with media and not really care about bigger pictures.
1
Posted on 1/30/26 at 10:55 am to GhostofJackson
quote:Which is already a financial anchor around our necks.
We already have a large base of people who are on welfare.
quote:I am not saying that retards wouldn’t try to implement it.
On top of that, we are introducing people to the Overton Window for UBI.
I am saying that it would absolutely break the system and it would collapse.
Posted on 1/30/26 at 10:56 am to ragincajun03
I abhor AI. Potentially extremely promising for scientific and technological applications, otherwise just a mechanism for eroding independent human rationality and eradicating the jobs that hardworking families depend on.
Posted on 1/30/26 at 10:56 am to Dog Tree
quote:
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
This is part of the problem.
Posted on 1/30/26 at 10:57 am to DmitriKaramazov
quote:
I abhor AI.
I can no longer say this. I don't waste a single minute of my day configuring / fricking with spreadsheets anymore. Copilot makes that shite for me while I work on important shite.
Posted on 1/30/26 at 10:58 am to PhilipJFry
quote:
So calm ya tits and sell before the bubble bursts.
Yes there was a dot com bust but the Internet didn't go away. Quite the opposite.
AI companies will go through something similar but like the Internet, AI isn't going away. Also quite the opposite.
AI change is going to make the Internet and smart phone changes seem almost insignificant.
People can argue about the timeline, that's fair. But nothing can stop what's coming, it's already too late for that.
We will have massive civil disruption and then civil unrest.
Posted on 1/30/26 at 10:59 am to Unobtanium
quote:
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 have a bunch of friends and relatives that worked and retired from Dow. They also said the same thing over the years!
Posted on 1/30/26 at 11:05 am to Scruffy
quote:
I am not saying that retards wouldn’t try to implement it.
I am saying that it would absolutely break the system and it would collapse.
Maybe that's where my perspective lies. That many in power know things can and may break, so their little solution is to create a " new and improved " republic nervous and circulatory system still based on the good ol' Constitution
Posted on 1/30/26 at 11:12 am to Tiger985
quote:
Yes there was a dot com bust but the Internet didn't go away. Quite the opposite.
The dot com bubble was never about the "internet". It was about 50k websites built for one single use task that investors hyperinflated, just like AI, until everything crashed down when ROI was abhorrent.
What happened shortly after was centralization and one or two major websites becoming supreme (amazon and google, with ebay lagging third).
The central issue with AI is that the ROI is horrifically bad and every tech company is shoehorning it in with investors panicking that they're losing massive amounts of money on it. The end result is going to be one or two major ai companies still sticking around and AI becoming more of a use case tool instead of a wonder to the layman.
Posted on 1/30/26 at 11:13 am to DownshiftAndFloorIt
quote:
I can no longer say this. I don't waste a single minute of my day configuring / fricking with spreadsheets anymore. Copilot makes that shite for me while I work on important shite.
AI is the worst thing to come to the tech sector in years for me in IT and every software suite we use on a technical level is enshitified. From servers, to cyber security, to networking, to basic OS level GUI management.
So yeah, it's horrible.
Posted on 1/30/26 at 11:41 am to PhilipJFry
Yikes…what’s this mean for the Louisiana sites in Taft and Plaquemine?
Posted on 1/30/26 at 11:50 am to PhilipJFry
quote:
Accountants are fine
Posted on 1/30/26 at 11:54 am to Dog Tree
quote:
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.
This! The company has been shutting the bed.
Posted on 1/30/26 at 12:01 pm to StringedInstruments
quote:
We’re going to automate ourselves into a social crisis of highly qualified, intelligent people having nothing to do or any way to feed themselves. I’m sure they will just peacefully protest and not use their intellect and creativity to cause any disruption to society.
Trump is already building concentration camps in Florida for those who don’t think like him. AI casualties will prob end up there as well.
Posted on 1/30/26 at 12:10 pm to ragincajun03
AI sounds like a convenient way to explain away bad company decisions. What AI is going to replace these workers? These releases are always very vague.
Posted on 1/30/26 at 12:11 pm to ragincajun03
AI is fantastic for Chemistry, there are a number of advances specifically targeted towards identifying likely dangerous compounds vs ones more likely to be beneficial/safe.
Before, it took teams of pharma/chem people a long time to assess new chemicals. Now an AI can quickly go through the backlog and identify the best ones for humans to start looking at.
Or in plain words, it used to be 500 people sorting 1000 chemicals to find 10 good ones.
Now it can be 50 people sorting 100 chemicals to fund 10 good ones.
Before, it took teams of pharma/chem people a long time to assess new chemicals. Now an AI can quickly go through the backlog and identify the best ones for humans to start looking at.
Or in plain words, it used to be 500 people sorting 1000 chemicals to find 10 good ones.
Now it can be 50 people sorting 100 chemicals to fund 10 good ones.
Posted on 1/30/26 at 12:11 pm to Unobtanium
quote:
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.
This. Every bit of this.
Posted on 1/30/26 at 12:14 pm to Horsemeat
quote:
AI was going after the blue collar jobs
Said no one ever.
Posted on 1/30/26 at 12:17 pm to nerd guy
White collar jobs pay for blue collar services. The baws who think they’ll be riding high with no market have zero common sense.
Posted on 1/30/26 at 12:17 pm to ragincajun03
quote:
The company said Thursday that it anticipates about $600 million to $800 million in severance costs related to the cuts. Those costs are part of a broader plan aimed at simplifying operations and streamlining.
What’s not included is the $50 million that McKinsey charged Dow to say “lay off a bunch of people and move towards AI”
This post was edited on 1/30/26 at 12:19 pm
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