people who still think AI is nothing burger are delusional
>The cuts have been heavily concentrated in arts, humanities, foreign languages and management – fields that are increasingly deemed outdated or oversaturated in China, where more than 16 per cent of young people are unemployed and the job market is being rapidly transformed by artificial intelligence.
AI and Industry 4.0 is a necessity at this point, the people who think AI is a bubble do not understand that both East and West are facing massive population crisis.
China is likely to loose 50% of its population by end of this century.
Even India is significantly below TFR now.
In next 20 years or so, robot workers will become common.
The massive investment in Tesla, Nvidia etc is very strategic, not just another bubble.
success of industry 4.0 will determine whether these economies survive.
And of course most college education will become obsolete, specially certain professional degrees.
coding as a skill is already obsolete in 90% of cases.
Higher Education in lundia is largely fake, it is just a degree mill.
Even at IITs, the graduates are valuable not because of their IIT Education but because of their performance in JEE.