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David McWilliams

๐Ÿ‘ค Speaker
3964 total appearances

Appearances Over Time

Podcast Appearances

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

So what do these people do, right?

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

They're involved in what we call the attention economy.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

They grab our attention from Instagram or Meta.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

And then once they've grabbed our attention, they sell us stuff.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

So basically, you have a dual company.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

One is an attention company, let's say Instagram.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

Once your attention is grabbed, it becomes an advertising company.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

That's what these guys do, right?

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

Now, the way they refine the advertising is to get an algorithm that says, David McCullough, we know exactly who he is.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

We can follow him.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

We have his data.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

We will refine an algorithm.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

And what we will do is we will target him.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

Now, what AI is doing is

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

It's actually taking out the software engineers that program the algorithm at the first instance.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

So what you can see is very, very clear to me is that the first line of impact is going to be the very software engineers that came up with the AI in the first place.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

And this is exactly what's going to happen all across the economy.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

Well, yeah, I mean, Ireland has doubled down on its bet on technology, which was a better bet than most countries took in the last 10 years in terms of the amount of tax revenue, the amount of jobs, etc.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

But I do want listeners to understand what we're talking about is a massive, massive technological shift.

Today with David McCullagh
Meta layoffs: what does it say about our competitiveness

And for the first time, David, it's a technological shift that will affect the overall demand.