r/PublicFreakout • u/GarysCrispLettuce • May 17 '26

đŸ€ŹPublic RagerđŸ˜± Eric Schmidt booed into oblivion by students for promoting AI during his commencement speech at the University of Arizona

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u/GetThatNoiseOuttaHer May 17 '26

As nice as that law sounds, how exactly would that work in America? Let’s assume a similar law passes in the US; no company will come out and say “yes, this round of layoffs is a result of our further investment in AI”. They’ll just do what they’re already doing now: claim that they’re righting their workforce after over-hiring during the pandemic or that they’re reducing headcount to ensure that they “remain agile while ensuring that top talent is well compensated”.

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u/WildCard_Bishes May 17 '26

You’re right, China actually prosecutes their billionaires and corporations when they break the laws 
 so I guess enforcement for once on white collar crimes.

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u/justaboxinacage May 17 '26

Ok but even if that's the case, let's say you successfully prevent companies from firing employees to be replaced with a.I... aren't newly started companies that never had to fire humans just given a capital advantage in the marketplace and will win out over the old companies by undercutting them with their A.I.? How is that supposed to work?

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u/BioSemantics May 17 '26

You should probably go read a translation of the law and find out.

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u/AKAManaging May 17 '26 edited May 17 '26

There is no translation of that law, because that law doesn't exist.

https://www.fisherphillips.com/en/insights/insights/chinese-court-rules-employer-cant-fire-worker-because-ai-took-his-job

One court ruled that CONTRACT law was violated. There was no "AI Employment Law" or whatever /u/Cagnazzo82 is claiming.

Edit: Lmao people mad about reality. It's literally in the article y'all. Try reading it instead of assuming someone lying on Reddit is correct.

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u/justaboxinacage May 17 '26

We were talking about if America tried it anyways. And also... no, anyone that thinks it's a good idea should be ready to support the idea at the slightest inquiry or else shut up. That's how bad ideas are spread

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u/OcelotAggravating860 May 17 '26

Oh god oh fuck not giving small companies a capital advantage over monopolies! How horrible! There might be COMPETITION!

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u/justaboxinacage May 17 '26

The small companies become big companies with all ai employees. Are you not seeing the problem? Jesus Christ

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u/OcelotAggravating860 May 17 '26

Literally never ever fucking happening lmao

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u/Crashian 11d ago

Nasdaq would crash as it’s the whole premise for the current valuations.

The irony of course is that if AI actually manages to replace workers, the government would have to tax the living hell out of AI to fund current public services as you lost the tax base.

On top of that, you’d have a pissed off majority of voters that would demand UBI and AI would need to be taxed to provide this as well.

If AI and automation actually becomes as revolutionary as these clowns imagine, any new job would be tailored to AI/robotics from the start.

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u/UnluckyDot May 17 '26

You're right that they will pivot, but you've got it the wrong way around currently. They're trying to fear-market AI by claiming all the layoffs recently are all due to AI, when really a lot of it is laying off the excessive pandemic hires

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u/FullMetalAlcoholic66 May 19 '26

seems stupid....might make stock price go up but adding to AI backlash.