alt Hacker NewsThat aside.
Lets look at the facts.
Are LLMs displacing labour? In the aggregate - not from what one can see. The aggregate statistics tell a different story e.g. the hiring of software engineers is still growing Y-o-Y.
The limits of LLMs will be put in place through financial constraints. People like you seem to think there's an infinite stream of money to fund this stuff. Not really. Its the same reason why Anthropic and OAI are now shifting focus to generate revenues and cash flows because they will not receive external funding forever.
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I can’t speak for the states, but in AU I clearly see a massive displacement of undergrad and junior roles (only in AI exposed domains).
I say this as both someone who works with many execs, hearing their musings, and someone who no longer can justify hiring junior roles themselves.
Irrespective of that; if we take this strategy of only taking action once it is visible to the layman - our scope of actions available will be invariably and significantly diminished.
Even if you are not convinced it is guaranteed and do not believe what myself and others see. I would ask you is your probability of it happening now really that close to 0? If not then would it not be prudent to take the risk seriously?
LLMs are indeed displacing labour. Junior IT roles are drying up in places. Translation and art are also becoming harder to earn from.