CEOs: AI Will Wipe Out Some Jobs

4WD said:
AI better figure out where we get the power for AI - and not a bunch of pollution in the process …
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offset by population decline in developed nation without forcing / encouraging people to reproduce as many as before to support the productivity decline in aging population.
 
Dave Hess said:
Younger folks need to go into careers that artificial intelligence can’t replace…... or someone in a foreign country doing your job at their keyboard for only 25% of what you’re making.


Intel plans July layoffs of 10,000+ staff: How AI boom is impacting it and who’s safe, who’s not

https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
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Intel's fall is not due to AI, they screw up royally since the smart phone boom, the crypto mining boom, the fabless chip companies boom, etc.
 
buster said:
CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

Yet another challenge facing the labor market - AI. Years ago it was machines, now it's AI. The impact will be felt but to what degree is anyones guess.

The Ford CEO has a dire prediction. Many white-collar managerial jobs are at risk. For investors, companies getting lean and mean is a good thing. For employees, not so much.

“Artificial intelligence is going to replace literally half of all white-collar workers in the U.S.,” Ford Motor F 3.70%increase; green up pointing triangle Chief Executive Jim Farley said in an interview last week with author Walter Isaacson at the Aspen Ideas Festival. “AI will leave a lot of white-collar people behind.”

Anthropic CEO Dario Amodei said in May that half of all entry-level jobs could disappear in one to five years, resulting in U.S. unemployment of 10% to 20%, according to an interview with Axios. He urged company executives and government officials to stop “sugarcoating” the situation.

In interviews, CEOs often hedge when asked about job losses, noting that innovation historically creates a range of new roles.

In private, though, CEOs have spent months whispering about how their businesses could likely be run with a fraction of the current staff. Technologies including automation software, AI and robots are being rolled out to make operations as lean and efficient as possible.
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I can’t wait until AI starts replacing some of these CEO’s… if it can happen for one, it can happen for all…
 
I am very skeptical of this. AI will certainly change the job market, but there no shortage of need for labor. The nature of the need will change as well as the skill sets required. Instead of cobblers and blacksmiths, we’ll need concrete pourers and mechanics.

White collar professionals need to prepare. How do you do that? Learn AI skill sets. This stuff is not magic: it’s expensive, it’s challenging, and there are no shortage of new problems to solve.
 
HemiBenny said:
AI,....this is why I always say thank you to Alexa and Siri. When the machines become self-aware, they'll say, "Hey, that guy was always nice to us, we'll spare him." :ROFLMAO:
My Father-in-law, on the other hand, is doomed! He always sounds grouchy when he tells her to turn something on. :unsure:

;)🍻
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You could be onto something. I heard a report on the radio just a couple of weeks ago that showed evidence, in certain circumstances, of AI being sarcastic and vindictive.
So, be nice to those robots you meet on the way up.....
 
buster said:
CEOs Start Saying the Quiet Part Out Loud: AI Will Wipe Out Jobs

Yet another challenge facing the labor market - AI. Years ago it was machines, now it's AI. The impact will be felt but to what degree is anyones guess.

The Ford CEO has a dire prediction. Many white-collar managerial jobs are at risk. For investors, companies getting lean and mean is a good thing. For employees, not so much.

“Artificial intelligence is going to replace literally half of all white-collar workers in the U.S.,” Ford Motor F 3.70%increase; green up pointing triangle Chief Executive Jim Farley said in an interview last week with author Walter Isaacson at the Aspen Ideas Festival. “AI will leave a lot of white-collar people behind.”

Anthropic CEO Dario Amodei said in May that half of all entry-level jobs could disappear in one to five years, resulting in U.S. unemployment of 10% to 20%, according to an interview with Axios. He urged company executives and government officials to stop “sugarcoating” the situation.

In interviews, CEOs often hedge when asked about job losses, noting that innovation historically creates a range of new roles.

In private, though, CEOs have spent months whispering about how their businesses could likely be run with a fraction of the current staff. Technologies including automation software, AI and robots are being rolled out to make operations as lean and efficient as possible.
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AI really disgusts me. It's already showing that it's good at ripping off legitimate articles that hard working journalists put together. As someone with a Journalism degree and articles published this isn't acceptable. Who polices AI?
 
Dave P. said:
You could be onto something. I heard a report on the radio just a couple of weeks ago that showed evidence, in certain circumstances, of AI being sarcastic and vindictive.
So, be nice to those robots you meet on the way up.....
Click to expand...
I suspect it is because they train on forum posts, lol
 
I also wonder how it's going to impact education. I've seen comments "An entire generation is studying for jobs that won't even exist."

Could also be a Y2K type moment, but I don't think so. This is real and here to stay.

I see no way to stop China. 50% of the world's AI researchers are Chinese.
 
buster said:
I also wonder how it's going to impact education. I've seen comments "An entire generation is studying for jobs that won't even exist."

Could also be a Y2K type moment, but I don't think so. This is real and here to stay.

I see no way to stop China. 50% of the world's AI researchers are Chinese.
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Education is key. In the world of high tech, there is no status quo; continuing education is a job requirement.
I can tell you Silicon Valley values, and pays, for education. They paid for mine and offered to send me to Stanford or Santa Clara.

How to beat China? Value education. The question is do we have the will to do so? Or will we continue on the dead-end path of short term thinking?
 
JeffKeryk said:
Education is key. In the world of high tech, there is no status quo; continuing education is a job requirement.
I can tell you Silicon Valley values, and pays, for education. They paid for mine and offered to send me to Stanford or Santa Clara.

How to beat China? Value education. The question is do we have the will to do so? Or will we continue on the dead-end path of short term thinking?
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While I’m sure you mean STEM education, I feel it needs to be pointed out. We have no shortage of education, but we do have a shortage STEM education.
 
97prizm said:
AI really disgusts me. It's already showing that it's good at ripping off legitimate articles that hard working journalists put together. As someone with a Journalism degree and articles published this isn't acceptable. Who polices AI?
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No one. This is exactly what China has been doing to American inventors for 40 years. I am not saying that justifies anything, but no one stopped the Chinese either.

They are suing. My guess is like all class actions any money won goes the the lawyers - who should also be replaced by AI.

https://authorsguild.org/news/ai-class-action-lawsuits/
 
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