Re:Goldman Sachs automated trading replaces 600 traders with...
by vacri on Tuesday February 07, 2017 @06:44PM
(#13594198)
> But of your job is to look at data and make descisions based on that data, you're gonna be the first to go
Manufacturing and agricultural jobs have already been automated away, while data analysis jobs are only just now starting to feel the pinch - and then only in companies with very deep pockets working on a niche problem. 'First to go' has missed the mark by many years.
Re:Goldman Sachs automated trading replaces 600 traders with...
by kilotaras on Wednesday February 08, 2017 @03:56AM
(#13596860)
The difference is in marginal cost. Industrialization was a relatively gradual change. AI can make whole professions almost redundant basically overnight.
Manufacturing and agricultural jobs have already been automated away, while data analysis jobs are only just now starting to feel the pinch - and then only in companies with very deep pockets working on a niche problem. 'First to go' has missed the mark by many years.