BuzzFeed shares shoot up 146% as it announces that it will cut 12% of its workforce replacing it with ChatGPT generated content.
This is the reality of automation under capitalism. Instead of automation being used to reduce labour and create more free time it's used to create unemployment.
Meanwhile, the contradiction of this approach is that businesses need people with disposable income to sell things too.
Capitalism is a self destructive system.
https://www.forbes.com/sites/dereksaul/2023/01/26/buzzfeed-shares-shoot-up-nearly-200-as-company-goes-all-in-on-chatgpt-craze/?sh=23bb244471e6
@yogthos and every AI salesman and researcher I have heard say that AI is meant to augment the human, not replace them. It really is just lip service.