Wednesday, February 11, 2026

Pandora's Box

In the wake of last week's brutal tech-stock selloff, Don saw a news story entitled "Anthropic’s AI Tools Decimated Tech Stocks and the Carnage Is Just Beginning." The article began: "If you’re not a coder, you have nothing to fear from Anthropic’s latest releases … unless you are invested in tech stocks, in which case it may be time to panic. In a seismic shift that’s rattling Wall Street and Silicon Valley alike, the AI powerhouse unleashed a pair of revolutionary tools – Claude Code and Cowork – that promise to redefine how software is built and managed. These innovations, which allow AI to generate code on demand and function as virtual coworkers, have triggered a brutal selloff in the software sector, erasing 25% of its value in just one week and contributing to a staggering $400 billion loss in investor wealth. This isn’t just another tech hype cycle; it’s a clear signal that AI is no longer a mere assistant but a direct threat to established industries, forcing a painful reckoning on profits, jobs, and the future of human ingenuity." [Emphasis added.]

It gets worse: "Anthropic’s Claude Code stands out as a game-changer, enabling users to create custom software with minimal input, effectively automating what was once the domain of skilled programmers. Paired with Cowork, a suite of plugins that lets AI agents handle collaborative tasks like a full-time employee, these tools represent a leap toward AI autonomy."

So now AI is poised to gut the jobs of the very industry that created it.

When Don read this out loud, my comment was, "What have we unleashed?'

I come from a family of nerds. I have engineers scattered among all my relatives. We have friends deeply involved in software creation. Are their positions in jeopardy?

Pandora's Box indeed.

15 comments:

  1. They have unleashed a pandora's box for sure, I am one of those whom does NOT like AI, I know there can be a valid use for it in some manner, but in my opinion they have NOT kept a adequate leash on it and this will become a very valid threat to life as we know it. If you want to go to the conspiracy thinking this could be just one more step in the de-pop agenda? HMMM ?

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  2. Personally, it makes me think of the movie Terminator which did not end well for mankind. Also my son is/was a coder. He lost his job in Dec and hasn't been able to find a new one yet because he did not know AI. So he is training himself on AI now in hopes he can stay in his chosen field.

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    1. And what was Skynet’s first action after becoming self aware on August 29, 1997? Hint: something very bad for people.

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  3. Yes, there is going to be a tech bloodbath. I am a writer, often a tech writer, and I'm glad retirement is not far off. (I am 60 but I am so, so tired and ready to give up.) The thing is, as I always say, you can't put the genie back in the bottle, any more than weavers could sabotage the Jacquard loom 200 years ago. Buggy whip manufacturers, etc.

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    1. Typewriter manufacturing and sales. That was once an untouchable field.

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    2. TBH, I don't feel sorry for programmers (not coders) who are worried. Tech has always been "change or die" and programming is much easier now than it used to be in the 80s when I started.

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  4. glad i am retired. my kids are all in blue collar work fields, and doing very well. i would recommend any young person/laid off tecie re/train into one of the blue collar jobs. as of yet AI can't... weld a hitch on a bumper.. shingle a roof... lay bricks for a foundation...pull wires for new construction/upgrades...fill a pot hole... rebuild an engine or transmission. most are hard work, but some where it's written if you don't work, you don't eat.

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    1. No one is paying good money to fill a pothole.

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  5. ai is taking the jobs that were mostly outsourced to h1b workers, so its not much of a loss for americans and in some ways an improvement. any job that requires subject matter expertise wil be safe.

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  6. It has taken over a lot of online customer service. And it stinks. And as so many other things, it can walk a crooked path.
    I recently went to visit a relative and needed to book a room with a hotel for 1 night at the last minute and went online to their website, I thought. Price special was $103, only a couple rooms left, so I called that#. Asked if the # was for the desk at that location, and got a weird but positive answer. The "person" talked way too fast and pushy to get the deal done.
    Short story is, it cost me a lot more and I was told it was non-refundable. There were 2 charges which were only disclosed after my stay. One was a $50 service charge and $20 for refund insurance. And when checking out the desk clerk informed me that I was charged so much because it was Experian. Total scam. And I complained to the clerk that the company had set it up to look like I called their place of business. There were few vehicles in the parking lot and about a dozen other nice hotels and motels in easy walking distance.
    Next visit I will simply walk in the door. Their service and room were fine, just the ai fraudsters faking their online site was not.
    If I weren't such a backwoods person I might not have been scammed.
    And to think it's taking over.

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    1. Yes we had that exact same experience. It must be common. We won’t be fooled again. Walk in to the desk and get a quote, go elsewhere if it’s too high. The hotel can knock down the price too if you’re willing to walk away, just like a car dealer.

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    2. Not to mention senior discounts, maybe Triple A, and others to try. I had a place once give me all sorts of discounts, all I could scrounge up!

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  7. H1B visas were given American jobs after the American was forced to train them and then was laid off.
    Check out medical residency. Those are going to non-Americans too! That's why Doctors aren't American anymore. AI didn't take the jobs first. DEI and cheaper labor did. There are many articles on WND.com written by Amanda Bartolotta.

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