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How busy is your business
https://mail.chicagofanatics.com/viewtopic.php?f=47&t=130388
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Author:  IkeSouth [ Wed Aug 16, 2023 11:52 am ]
Post subject:  How busy is your business

Last 5 years+ , insanely busy

Last 3 months, insanely slow.

Author:  Juice's Lecture Notes [ Wed Aug 16, 2023 2:01 pm ]
Post subject:  Re: How busy is your business

2018-2022 with a brief pitstop in 2020 was gangbusters. Business slowed to a crawl as Spring turned to Summer this year, as I think a lot of budgets for new work are getting slashed or put on hold as everyone has been waiting for the next shoe to drop. New work requests have slowed to a trickle, and those that do pop are sometimes MANY weeks or even months after proposal.

Author:  Crystal Lake Hoffy [ Wed Aug 16, 2023 2:02 pm ]
Post subject:  Re: How busy is your business

The company I work for is smart and didn't over-hire the past few years. Things slowed a bit early this year, but I'm able to put OT in consistently if I want to. Still good times!

Author:  Caller Bob [ Wed Aug 16, 2023 2:09 pm ]
Post subject:  Re: How busy is your business

Things will pick up as soon as Corporate America is assured Biden will be gone in 2024.

Author:  Crystal Lake Hoffy [ Wed Aug 16, 2023 2:56 pm ]
Post subject:  Re: How busy is your business

Caller Bob wrote:
Things will pick up as soon as Corporate America is assured Biden will be gone in 2024.


It certainly feels like he's been gone for a while.

Author:  Darkside [ Wed Aug 16, 2023 6:03 pm ]
Post subject:  Re: How busy is your business

It's never been busier. Can't find guys who wanna work.

Author:  Nas [ Wed Aug 16, 2023 6:12 pm ]
Post subject:  Re: How busy is your business

Darkside wrote:
It's never been busier. Can't find guys who wanna work.


They're coding

Author:  Darkside [ Wed Aug 16, 2023 6:33 pm ]
Post subject:  Re: How busy is your business

Nas wrote:
Darkside wrote:
It's never been busier. Can't find guys who wanna work.


They're coding

They're living at their parents' houses past age 29.

Author:  Nas [ Wed Aug 16, 2023 6:46 pm ]
Post subject:  Re: How busy is your business

Darkside wrote:
Nas wrote:
Darkside wrote:
It's never been busier. Can't find guys who wanna work.


They're coding

They're living at their parents' houses past age 29.


Just waiting for their parents to graduate so they can takeover.

Author:  KDdidit [ Wed Aug 16, 2023 7:55 pm ]
Post subject:  Re: How busy is your business

Nun yo

Author:  Crystal Lake Hoffy [ Wed Aug 16, 2023 8:20 pm ]
Post subject:  Re: How busy is your business

Nas wrote:
Darkside wrote:
It's never been busier. Can't find guys who wanna work.


They're coding


At least until they get replaced by Generative AI.

Author:  IkeSouth [ Wed Aug 16, 2023 10:10 pm ]
Post subject:  Re: How busy is your business

its a weird time. its clear that ai is a generational changing technology, but it's going to be another decade before we see mass layoffs because of it. right now were just seeing the effects of jacking interest rates too fast. i dont think we will have much problem come christmas. probably another record spending year.

Author:  Crystal Lake Hoffy [ Thu Aug 17, 2023 8:52 am ]
Post subject:  Re: How busy is your business

IkeSouth wrote:
its a weird time. its clear that ai is a generational changing technology, but it's going to be another decade before we see mass layoffs because of it. right now were just seeing the effects of jacking interest rates too fast. i dont think we will have much problem come christmas. probably another record spending year.


Just my opinion, but its coming sooner than a decade. Right now, anything that is creative is at a high risk. Need to build a marketing deck for a new client? ChatGPT will build you the entire deck of content with just a few questions. Normally you pay thousands of dollars for that, instead you are just paying $20 for a ChatGPT subscription. Image generation will continue to evolve and allow non-creative people to create images and content that looks as good as the stuff they were paying an advertisement or website firm. Almost every client I'm working with is looking to completely replace customer service with chatbots. Is the content perfect? No. But outside of some review for accuracy, its good enough.

That said, I think an AI backlash is coming. I heard an interesting story from this guy in insurance. Basically, nurses and other care providers in some hospitals are being asked to rely completely on the results from their AI engine. A patient was lying on a bed in excruciating pain, but the nurse couldn't give him medication because their system said no more than one pill every five hours. Normally a doctor would be called to escalate to, but the hospital apparently reprimands the nurses for doing it too often due to cost, so the nurses stopped. Imagine a nurse saying, "yeah, I know this is horrible, but the computer told me 3 more hours. Hang in there!" The social engineering aspect is equally frightening.

Author:  Nardi [ Thu Aug 17, 2023 12:03 pm ]
Post subject:  Re: How busy is your business

IkeSouth wrote:
its a weird time. its clear that ai is a generational changing technology, but it's going to be another decade before we see mass layoffs because of it. right now were just seeing the effects of jacking interest rates too fast. i dont think we will have much problem come christmas. probably another record spending year.

It's cuz of you. You're the lifeblood and everybody knows it.

Author:  IkeSouth [ Thu Aug 17, 2023 12:11 pm ]
Post subject:  Re: How busy is your business

Crystal Lake Hoffy wrote:
IkeSouth wrote:
its a weird time. its clear that ai is a generational changing technology, but it's going to be another decade before we see mass layoffs because of it. right now were just seeing the effects of jacking interest rates too fast. i dont think we will have much problem come christmas. probably another record spending year.


Just my opinion, but its coming sooner than a decade. Right now, anything that is creative is at a high risk. Need to build a marketing deck for a new client? ChatGPT will build you the entire deck of content with just a few questions. Normally you pay thousands of dollars for that, instead you are just paying $20 for a ChatGPT subscription. Image generation will continue to evolve and allow non-creative people to create images and content that looks as good as the stuff they were paying an advertisement or website firm. Almost every client I'm working with is looking to completely replace customer service with chatbots. Is the content perfect? No. But outside of some review for accuracy, its good enough.

That said, I think an AI backlash is coming. I heard an interesting story from this guy in insurance. Basically, nurses and other care providers in some hospitals are being asked to rely completely on the results from their AI engine. A patient was lying on a bed in excruciating pain, but the nurse couldn't give him medication because their system said no more than one pill every five hours. Normally a doctor would be called to escalate to, but the hospital apparently reprimands the nurses for doing it too often due to cost, so the nurses stopped. Imagine a nurse saying, "yeah, I know this is horrible, but the computer told me 3 more hours. Hang in there!" The social engineering aspect is equally frightening.


That's the cool part though. It's going to replace most doctors, but it will be decades before machines can replace the nurses. The whole blue collar industry is going to be a lot more valuable soon, because it will be an industry that requires a human to do the job.

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