Who Will Be AI’s Winners And Losers | The Bottom Line

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CNBC

CNBC

Күн бұрын

As artificial intelligence advances and earns more investments, it poses an even bigger threat to all kinds of workers.
Former Secretary of Labor Robert Reich warns that artificial intelligence will not just displace manufacturing jobs but also workers in the knowledge economy.
Columbia University economics professor Jeffrey Sachs predicts that workers will need to adapt to new skills and roles in order to thrive in the changing economy.
Moody’s Analytics’ chief economist, Mark Zandi, cautions against overreacting to the potential job displacement caused by AI. He suggests that AI will follow a similar pattern, gradually impacting the job market over an extended period.
University College London professor Mariana Mazzucato says inclusive and sustainable growth is particularly important in the context of AI, as these technologies have the potential to exacerbate existing inequalities if not carefully harnessed.
In this episode of "The Bottom Line," watch top economists discuss the winners, and losers, of the ongoing AI revolution.
Chapters:
0:00 Introduction
0:43 Who will fall behind?
2:40 How jobs will change
7:00 Algorithmic challenges
Produced and Edited by: Mark Licea, Jack Hillyer
Supervising Producer: Lindsey Jacobson
Graphics by: Jason Reginato
Additional Footage: Getty Images
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Who Will Be AI’s Winners And Losers | The Bottom Line

Пікірлер: 257
@earlwilliams5473
@earlwilliams5473 4 ай бұрын
No employees, no customer's.
@icomefromcanadia2783
@icomefromcanadia2783 4 ай бұрын
One flaw in the logic of suggesting that automation or AI will take over and companies will be rich, while "regular" people will be poor or without jobs, is that if regular ppl don't have disposable income, they won't be buying nearly as much of the product created through automation. If ppl don't have money, they can't buy; if people can't buy, then companies lose money.
@BrightWendigo
@BrightWendigo 4 ай бұрын
Bro once they control AI GDP won’t matter, if will be corporate feudalism. People will still be desperate and they’ll work for what they’re given, and if it isn’t enough they’ll just die.
@pedromarques9267
@pedromarques9267 4 ай бұрын
I'm a Machine Learning Engineer. I would say to have faith on the government to tax this big corp. If they lose control of these massive corp, then unfortunately I believe that people will get even poorer because those large corp do not have their CEO elected by public vote but by stockholders who just want them to make me money and screw everyone else.
@devon9374
@devon9374 4 ай бұрын
Intelligence is power and power transcends money and equals wealth. Be certain that whatever happens to the economy or economics as we know it, those who control AI will control the world.
@mysbhyv1707
@mysbhyv1707 4 ай бұрын
Currently, many are already jobless all over the world and basic education is either on the decline or not congruent to the rapid technological developments happening. With robots and AI taking over manufacturing, processing and white collar jobs, and people finding their skills and services now on the brink of not being needed, and the next generation being educated more by social media, gaming and the internet of fake info . . . 🙄 one can't help but be anxious and uncertain.
@Quantum_in_Java
@Quantum_in_Java 4 ай бұрын
Perfectly said
@MuiKaHo
@MuiKaHo 4 ай бұрын
how do you get educated by gaming??? are you just pulling stuff from thin air?
@CadyCadwell
@CadyCadwell 4 ай бұрын
@@MuiKaHo your lack of imagination is daunting, education based game with VR and AI has been on the rise the last few years, how about get out of the house once in a while?
@MuiKaHo
@MuiKaHo 4 ай бұрын
@@CadyCadwell show me an example instead of just being passive aggressive.
@Rnankn
@Rnankn 4 ай бұрын
We need only decide differently, and create the world we want. Stability, material security, and integrity of nature seem most important to me. It’s not what they’re planning, though.
@timenglert8998
@timenglert8998 4 ай бұрын
The fundamental problem here is not AI but Capitalism, which tends to drive wages down and eliminate jobs while rewarding investors and top management. Without outside pressure from government, labor unions or the general public this is the case as we can see right now. Remember the first rule of business, buy low and sell high. The biggest cost in any business is labor and corporations will reduce this cost however possible which will only further job loss and income inequality. Capitalism is a fine system for those who have some.
@badpuppy3
@badpuppy3 4 ай бұрын
If AI companies don't develop and roll out AI carefully, they will encounter a public backlash, possibly even violent, that they would be wise to avoid. Disrupting people's livelihoods doesn't come without consequences.
@woodchuck003
@woodchuck003 4 ай бұрын
Today the public backlash is mostly coming from politicians and news media (like this video) that lack the proper understanding of what AI is and what a large language model is.
@h20dancing18
@h20dancing18 4 ай бұрын
ofc people hate losing their jobs. Everyone has heard the stories of luddites who smashed sowing machines, but today we still use sowing machines...
@multatuli1
@multatuli1 4 ай бұрын
They would release it silently, like you wouldn't know AI already removed customers service job years ago
@NazriB
@NazriB 4 ай бұрын
Lies again? AIA Money WBC
@hidesbehindpseudonym1920
@hidesbehindpseudonym1920 4 ай бұрын
​@@woodchuck003I think the concern is for when a i evolves beyond just consisting of large language models...
@user-xn1dh6ml4n
@user-xn1dh6ml4n 4 ай бұрын
AI was supposed to automate work so that humans could spend time in art. AI automated art so humans could work more
@pedromarques9267
@pedromarques9267 4 ай бұрын
I'm an AI Eng. You still have to have the creativity to write the prompts but I understand what you mean
@grasshopper1153
@grasshopper1153 4 ай бұрын
@@pedromarques9267 and knowing how to prompt is just a NOW problem that will probably be solved very soon. Like how long is being a good prompter going to be a relevant skill? I doubt it will matter for very long if AI is really improving at a fast rate and we are not being lied to by the big players in the tech industry. Next year will probably shake out who has legitimate innovation in the AI field and who has just been making big claims.
@pedromarques9267
@pedromarques9267 4 ай бұрын
@@grasshopper1153 Unless someone discovers telepathy prompting is here to stay
@grasshopper1153
@grasshopper1153 4 ай бұрын
@@pedromarques9267 completely missing my larger point i was making. i'm done here.
@mw66683
@mw66683 4 ай бұрын
Colleges and universities may need to rethink how they do business.
@coding7196
@coding7196 4 ай бұрын
It is frightening. Our environment (for humans) has changed.
@eryan4712
@eryan4712 4 ай бұрын
What to do with excess humans?
@larpbusters
@larpbusters 4 ай бұрын
💯
@noseboop4354
@noseboop4354 4 ай бұрын
Haven't you watched The Matrix? Batteries of course.
@vishal9676
@vishal9676 4 ай бұрын
Population control is needed
@Also_sprach_Zarathustra.
@Also_sprach_Zarathustra. 4 ай бұрын
We can recycle them, by producing green sun.
@shutinalley
@shutinalley 4 ай бұрын
Human mismanagement of resources for profit sake over the past 100 plus years is the problem as we transition into an efficient system run by Ai. The human tradition of capitalism will be our biggest problem going forward.
@mralexpub
@mralexpub 4 ай бұрын
What concerns me is the ideology people / government coding AI.
@grasshopper1153
@grasshopper1153 4 ай бұрын
Google Bard told Robby Starbuck that he should get the death penalty for saying potentially harmful things. Very scary stuff.
@southcoastinventors6583
@southcoastinventors6583 4 ай бұрын
@@grasshopper1153 Lol, bard can't even beat open source models also it Gemini now
@Andrew-pc8zn
@Andrew-pc8zn 4 ай бұрын
I see most people pivoting to manual labor jobs. The advent of AI demonstrates that it is easier to emulate our minds than our physiology (even million dollar robots cannot do some tasks we do).
@macmcleod1188
@macmcleod1188 4 ай бұрын
That ship has sailed. Many robots are about 100k or less now. Amazon is really close to having packing robots will will eliminate 10's of thousands of jobs. We've passed the inflection point. And that doesn't even require agi. Once AGI arrives, then you're talking a full replacement human. And that ignores the tremendous risk of ASI.
@KidIcarus135
@KidIcarus135 4 ай бұрын
That might be viable in the very short term, but robotics is making huge strides in both hardware and software, not to mention plummeting costs. In the long term, I think the only safe jobs will be mostly those that rely on a human connection, such as live entertainers, or bartenders and hairdressers who foster community and trust with their clients. Sure robots may eventually be capable of these jobs, but the human element makes it qualitatively different.
@nobody5372
@nobody5372 4 ай бұрын
You don’t need to be humanoid to all the jobs. There are tons of specialised robots that can do each specific jobs much better and faster than humans
@lunarlake1
@lunarlake1 4 ай бұрын
Manual labor has its fight since decades. Look at all the tools that automate daily work today. Robots are very very close to fully automate entire factories. I dont know were you get your assumption from? DId you once looked inside of a modern amazon warehouse or for example the new mercedes factory? Its nearly fully automated. I think you never visited a modern factory.
@chillfluencer
@chillfluencer 4 ай бұрын
...just like machines, automats and robots can do physical tasks that we cannot do...or do very slowly and unprecise.
@kinngrimm
@kinngrimm 4 ай бұрын
Instead of paying more taxes they may increase their private security till corporations become states. Companies are by design fascist in nature and aslong that underlaying fabric is not changed, most of us might end up worse. Aslong we are not living in an utopia, we need to be vigilant to not end up in a dystopia.
@makor9510
@makor9510 2 ай бұрын
That's why we need our representatives on this. But they are ignoring it. We need free schools to retrain the public.
@djelliott3158
@djelliott3158 4 ай бұрын
High 6 figures tech jobs are at an all time high and actually high 6 figures jobs in general are at an all time high. Those are the jobs unfortunately I think that AI will target for take over. Also every company that replace its workers with AI should lose every single tax break they have and pay 100 percent in tax revenue earnings.
@southcoastinventors6583
@southcoastinventors6583 4 ай бұрын
Trade one form of oppression for another great plan
@ragus1416
@ragus1416 4 ай бұрын
I really appreciate the comment, 'The winners will win more than the losers lose.' This is the reason why a few countries/people are very rich compared to the many poor countries/people. Countries/people that have adapted to new technologies and similar advancements will develop more than those that do not embrace changes. This is particularly applicable to AI.
@DragonKingGaav
@DragonKingGaav 4 ай бұрын
Nvidia and Nvidia stock holders will be the real winners!!!
@Xilent1
@Xilent1 4 ай бұрын
You can buy the stocks too. Especially since you think its going to win.
@Rnankn
@Rnankn 4 ай бұрын
Can’t we just politely refuse? I want to live in a world with trees, not robots. And being told profound changes are inevitable, does not feel like freedom.
@Also_sprach_Zarathustra.
@Also_sprach_Zarathustra. 4 ай бұрын
You’re a biological machine. And you haven’t truly free will, it’s just an hallucination. (Like chatGPT hallucinations). So no, you’ll not stop the course of the universe.
@rodrrico
@rodrrico 4 ай бұрын
Adapt or die. This has always been the case.
@reginaerekson9139
@reginaerekson9139 4 ай бұрын
2:57 I love Roberto - he keeps it real!
@paulh2468
@paulh2468 4 ай бұрын
Whatever is healthy won’t happen. Government needs to regulate this, and the rich hate regulation. I have no mouth and I must scream.
@psikeyhackr6914
@psikeyhackr6914 4 ай бұрын
What if AI figures out that accounting should have been mandatory in the schools since Sputnik? And economists should have been talking about planned obsolescence?
@grahamjones5400
@grahamjones5400 4 ай бұрын
I guess us humans are screwed no matter what. Oh well, life sucks anyways.
@heinousanus9352
@heinousanus9352 4 ай бұрын
4:36 yeah been there long time bud.
@lokesh303101
@lokesh303101 4 ай бұрын
The Market Sector got the Advantage!
@Bob_The_Builder190
@Bob_The_Builder190 4 ай бұрын
I am so excited🎉🎉. The new Industrial Revolution is approaching. Yay!!!
@hotshot-te9xw
@hotshot-te9xw Күн бұрын
People are gonna think of me as crazy for this take but...THIS IS AMAZING think of all the social unrest by the manager class sitting on their cushy pillow thinking they can destory everyone's livelihoods without a french resistance situation
@sluglife9785
@sluglife9785 4 ай бұрын
Among other things, one hopes that we'll be forced to expand the care economy, and that this will incentivise us to care about each other more in general.
@taijicome2013
@taijicome2013 4 ай бұрын
I think sometimes that no additional revolution of technology is needed for human beings. The technology that is supposed to be for our lives is threatening our lives... I think the level of technology in 8-90th was good for us..😢
@oheymario
@oheymario 2 ай бұрын
I believe jobs involving a high volume dynamic work environment pertinent to QC Regulatory Affairs ( Federal , State, County ) and Process Improvement mgmt overseeing all AI processes and output within their respective industries are going to be alive and well instead of learning code ,I’ve been devouring more knowledge regarding cGMPs, cGDPs, the philosophy and mathematics of Quality, code of regulations , how county state and fed laws differ in terms of legalities , with considerations to AI , health and human services , biotech and ethics.
@jerryturner7123
@jerryturner7123 4 ай бұрын
What will the leaders do with the people that is no longer needed?
@534N69
@534N69 4 ай бұрын
Humans greatest advantages over AI and robots is: depth perception, fine motor skills and (for better and for worst) emotions and adaptability
@ericrotsinger9729
@ericrotsinger9729 4 ай бұрын
I remember back in the 80s when the computer entered the factory everyone said all the office workers would loose their jobs and many floor workers would be replaced by robots. Guess what productivity and jobs went up. These talking heads are clueless and the biggest dummy is Robert Reich.
@ashdang23
@ashdang23 4 ай бұрын
computers did replace some jobs. cars replaced some jobs. Industrial Revolution replaced some jobs. AI will replace some jobs. with every single revolutionary invention jobs disappear over a period of time people are just drama queens and exaggerating so hard with AI. programmers other jobs will be replaced by AI over a period of time. it’s not gonna skyrocket like crazy just over the years we will start to see it
@amazman977
@amazman977 4 ай бұрын
Best thing to have AI is to control companies and manufacturing. Manufacturing stop when the demand meet the sales or consumption targets for the week and nothing goes to waste. Using the first in first out method to control productions. No overstock of produce and product. When human labours take 10 days to make 1000 items and AI robots take 2 days finish 1000 items, shut down the factory. Skilled labours work from home to control the factory robot automation. No need human labours in the factory except service technicians to fix robot malfunctions, services and repairs. Better still, robots can fix the malfunction problems and services and repair of the other robots. We human IQ is to build better AI robots to solve robot own malfunction problems and fix, repair services robot themselves. Human can reduce to 100 million population in each country is enough to go by.
@chillfluencer
@chillfluencer 4 ай бұрын
That's like asking: did Apple or M$ lose... while they are both up and running.
@mastershredder2002
@mastershredder2002 4 ай бұрын
Holy moly, why did you have Noriel Roubini chime in from the peanut gallery on this topic? I can't take this seriously.
@macmcleod1188
@macmcleod1188 4 ай бұрын
People don't really get it. AI is a synthetic human that costs less than a human that never gets sick because it can be replaced quickly as long as the business has a proper sla. Combine AI with any kind of robot and now you have a generic human replacement that can do just about any kind of manual labor. In that world, how do people trade their time and labor for a share of the wealth Society produces?
@macmcleod1188
@macmcleod1188 4 ай бұрын
And consider the fact that they have already laid off thousands of people in China who were making less than $2,000 a year with robotic noodle chefs. Can you live on less than $2,000 a year in the United States
@macmcleod1188
@macmcleod1188 4 ай бұрын
And as fast as new jobs can be created, they'll be able to set up Ai and Robotics to do them. In the places where AI cannot directly replace workers, it will vastly increase the productivity of workers you still have jobs. For example I can write a program and half the time with AI now and I can write a 3 act script in about a third the time.
@Also_sprach_Zarathustra.
@Also_sprach_Zarathustra. 4 ай бұрын
So maybe a true communism is the solution after all ?
@RealGrandFail
@RealGrandFail 4 ай бұрын
If you want talent distribution, pay people better.
@woodchuck003
@woodchuck003 4 ай бұрын
Fun fact: they people who know how to utilize the large language models they refer to as AI get paid quite well. If you want to be paid more maybe you should develop the skills that will allow you to demand more money.
@pedromarques9267
@pedromarques9267 4 ай бұрын
@@woodchuck003 👏
@RealGrandFail
@RealGrandFail 4 ай бұрын
@@woodchuck003 What I mean is, with these skills, one will work for whoever pays more. This happens in Big tech everytime. The best devs have the ability to join the best companies and these usually pay higher than the average. I work in Big Tech, I see this everyday. As long as only a few companies pay these high salaries, talent can't be distributed widely.
@manmeesarma2413
@manmeesarma2413 2 ай бұрын
The average salary of an ai scientist at ooenai is 900k usd 😅
@MrMehrd
@MrMehrd 4 ай бұрын
Finally someone is talking about mass unemployment byproduct of AI.
@g0d182
@g0d182 4 ай бұрын
Intriguing
@wyntoncolter1067
@wyntoncolter1067 4 ай бұрын
Main concerns are jobs,livley hood and further more possible operations to deliver more to the economy. The positive outlook to me is that i think it will possibly assist people in the fields of healthcare,education and various technological occupations. How can the scale be balanced leveraging between captial and labor. The negatives are making more things difficult for areas around the world who may not have a strong job market already yes great for the business who invest in to these future technologies with the downside being a lack or not necessarily needed people to perform these jobs especially dealing with labor.
@maxthemagition
@maxthemagition 4 ай бұрын
Seeing what has been happening over the last few decades, but especially since 2008, it is clear that the divide bewteen the haves and have nots as well as the difference between the number of those who will benefit and those who will not benefit from this revolution called AI will increase. Leaving large parts of the World especially those living in cities in deep poverty. The rise of poverty will increase whilst at the same time the number of very wealthy will decrease. The top 5% will own 95% of the wealth in the world. We will see very rich people living in a "Cloud" that cannot be entered by 95% of the people of the World, totally isolated and who own 95% of the riches of the World. It is already happening, this revolution of sorts....Just find Sothebys auctions Globally and watch in amazement. Of course this could lead to revolutions and how to prevent revolutions must be uppermost in every Government in every country. Interesting transition to watch from afar.
@Rnankn
@Rnankn 4 ай бұрын
Wealth is in cities, that’s where trade and commerce occurs. And regressive wealth concentration is a distribution problem, to which there are many solutions. we could nationalize AI as a public utility. We can restore the 90% tax rate to the wealthiest, and fund public services. We can redesign economics, to recognize value more broadly. We can enforce regulatory limits, or anti-trust rules. We can enforce different ownership and compensation regimes; AI have all been trained on public data, and users co-create value justifying profit sharing. Or we can reject technological utopianism, and return to our roots in the land and local community. Why watch from afar? Distances are never far, and watching is not active participation.
@Brian-pq2mo
@Brian-pq2mo 4 ай бұрын
Pay more for the talent then. Simple.
@milosnestorovic1594
@milosnestorovic1594 4 ай бұрын
Human resources and talent,ability are Not too important in today s world, today Absolutely general and individual conditions,as well as Opportunities for the Development of software,technology,AI companies and their Solutions, and everything is Absolutely Complicated and depends on everything....
@jarrodyuki7081
@jarrodyuki7081 4 ай бұрын
My worst fears: 1. leviathan card 2. frequent crackdowns…… and 3. failing to find at least three things i enjoy!!!!
@tarawhite4419
@tarawhite4419 4 ай бұрын
I can't wait till the power goes out and I don't have to go to therapy online anymore
@user-wd5ct5qo5t
@user-wd5ct5qo5t 4 ай бұрын
the rich vs the worker
@RealGrandFail
@RealGrandFail 4 ай бұрын
Imagine the AI decides that what you care about is not ideal and it has a better approach.
@GrumpDog
@GrumpDog 4 ай бұрын
Why would it? Anything smart enough to have such control.. Would also be aware that average people have their own interests, and it doesn't get to speak for them, or tell them otherwise. And introducing such a conflict would only be counterproductive to the AI's goals.
@akeithkira
@akeithkira 4 ай бұрын
Just be realistic, dont keep saying it will replace human or many biz are adopting ... without measuring the implementation and success rates, this will be the next WeWork or Theranos which analysts and top economists over promised.
@JMo268
@JMo268 4 ай бұрын
Maybe this was a good primer for someone who had been asleep for the last 12 months.
@jpat863
@jpat863 4 ай бұрын
Yes jobs will be loss but new jobs will be created. More engineering and analysis work for sure. People have to adapt to not get left behind. Trying to slow down tech isnt the answer. You cant just have a job for the sake of having a job. There needs to be output that can be compared to the cheaper alternative. AI will make labor cheaper and to try and limit it just so someone can have a cushy out of date job is ridiculous. There is work out there for people the problem is not everyone wants to do those jobs.
@Magdalena287
@Magdalena287 4 ай бұрын
I’ve implemented coding into our homeschool for my kids everyday because of this, i know it’s not full proof but it at least will give them a leg up when they reach adulthood
@jaelee5352
@jaelee5352 4 ай бұрын
Coding is already taken over by a.i
@jaelee5352
@jaelee5352 4 ай бұрын
I think learning how to find meaning of life in a post-scarcity is what we should learn and teach our children
@Magdalena287
@Magdalena287 4 ай бұрын
@@jaelee5352 well we’ll see how you’re doing and how my kids are doing in the future
@frostydog860
@frostydog860 4 ай бұрын
Professional coder here. I love that you’re getting your kids into coding at any early age so they’re thinking about it. The current state of AI in programming is that it can do known tasks pretty well, but it’s not very good at knowing what needs to be done at a macro level. So my workflow these days is giving it a number of tasks to complete, then reading through the code that’s produced and testing it. It’s definitely not at a point where it’s able to orchestrate an entire application on its own, despite that groups are marketing it as such. So I’ve become less of a hands-on programmer, and more of a programming manager that just makes sure that everything that goes in is good.
@envynoir
@envynoir 4 ай бұрын
@@Magdalena287your kids are going to get the tiktok brainrot
@Dsexh_dsexh
@Dsexh_dsexh 4 ай бұрын
I just don’t get why all these tech companies have all the billions and then like don’t lobby congress for a Star Trek future? Srsly like if they know the tech is going to be so disruptive and let’s be real most of them are nerds “unless the business people aren’t”…. Like people complain we don’t have an alternative to “capitalism” and like srsly? Star Trek has been a show on for decades showing what the future is like after capitalism and we could easily start moving in that direction I honestly love to work, I like the people aspect of it, and being on a team. At the same time I know I’m not paid enough and that’s just an aspect of capitalism, of tech, and it’s like I’d rather not work and still be making the penny’s if it’s enough to live in the future. Then making more if it means I’m still working and still everything costs a lot… sorry that’s sort of just how capitalism is, it’s about exploitation of the workers and the consumers by the capitalist class.. soo I can either accept that, and try to make something better in the future or just say “please exploit me, I know there’s no evidence at all where capitalist ever do what’s best for the workers… but please I’ll put my head in the sand if you exploit me”…. Like if how’s the time to start planning for a new economic system and going towards that Star Trek future then let’s start making that change
@kryptoschopper6977
@kryptoschopper6977 4 ай бұрын
ICP is a game changer all-rounder WEB3 and will make climate protection, Solana, BTC, gaming, transfers infinitely fast and scale up!
@TechSiyaad
@TechSiyaad 4 ай бұрын
Well guys you are talking about winners and losers in America but what about billions of people elsewhere like in Africa who can not afford for their children to have computers in schools to learn basic digital skills for the 21st century development job market while at the same time the youth are overwhelmed by the digital influx from tech companies of your own countries. Where is the justice and distribution of wealth or technical education to the rest of the world particularly the poorer parts of the world like those in Africa.?
@BryceLovesTech
@BryceLovesTech 4 ай бұрын
Soylent Green is the future
@nepalipharaoh330
@nepalipharaoh330 4 ай бұрын
genius AI to the moon
@mikea5745
@mikea5745 4 ай бұрын
AI will replace professionals in the same way autopilot replaced pilots
@davidcantor293
@davidcantor293 4 ай бұрын
People need to advance their skillsets.
@pedromarques9267
@pedromarques9267 4 ай бұрын
Best comment I've seen in the whole comment section. You are actually giving a meaningful solution for this probelm
@chrisaycock5965
@chrisaycock5965 4 ай бұрын
Software engineers programming their replacements..
@woodchuck003
@woodchuck003 4 ай бұрын
I have been automating my job for years with bash scripts / power shell, Those jobs aren't going anywhere soon. Especially when you consider ChatGBT is a large language model that can't even program, the code it does produce is coming from online tutorials it scrapped, it can't produce original code.
@chrisaycock5965
@chrisaycock5965 4 ай бұрын
@@woodchuck003 I mean in 5-10 years I’m sure it’ll be easier technology evolves at a rapid pace.
@woodchuck003
@woodchuck003 4 ай бұрын
@@chrisaycock5965 I think the type of AI they are fear-mongering over in the video is more like 50 years away. There is a reason artificial general intelligence was coined by researchers. The real problem in that timeframe is going to be a lack of population growth, meaning we aren't going to need to worry about the lack of jobs. Take trucking as an example, last I checked the average age is about 50, and these people are going to start retiring in 10 years; their arnt't young people choosing to replace them and the low population grown and and concentration on college has ensured this same exact problem in the trades (like plumbing). True AI may be a great solution for what's known as the skills gap.
@Nakkisampyla
@Nakkisampyla 4 ай бұрын
Professional craftmen will benefit
@mastershredder2002
@mastershredder2002 4 ай бұрын
The heads of AI are not libertarians in the sense that they are calling for regulation so they can get the regulatory capture.
@vault129
@vault129 Ай бұрын
The invention of the computer and tweening seriously ruined animators' jobs, didn't it?
@jarrodyuki7081
@jarrodyuki7081 4 ай бұрын
I’m intj os engineer!!!!!!!!!!
@jarrodyuki7081
@jarrodyuki7081 4 ай бұрын
I’m intj!!!!!!!!!
@youcantata
@youcantata 4 ай бұрын
AI will be an inevitable way of life like electricity, car, computer, internet and smart phone. Many lost their job due to these new inventions, but many got new opportunities and jobs. We human society coped with these innovations and their challenges pretty well up until now. So don't worry. AI is just another internet or another smartphone wave. People who lost jobs due to AI will adapt to new business reality, and who don't will die out eventually within the next 50 years. Next generation will take AI for granted as current generation take electricity, tab water, internet and smartphone for granted.
@longbeach225
@longbeach225 4 ай бұрын
AI is different the job loss won't be able to be replaced by new jobs. We will have higher unemployment and because of that wages will come down. More people will end up in poverty and probably trigger an uprising.
@BrightWendigo
@BrightWendigo 4 ай бұрын
Unlike any other technology before, AI replaced labor AND creative. It makes the poor obsolete.
@MuiKaHo
@MuiKaHo 4 ай бұрын
@@longbeach225 you will always be able to replace new jobs. you either adapt or die, that has been the crux of life since the beginning of time.
@longbeach225
@longbeach225 4 ай бұрын
@@MuiKaHo There will be some new jobs gain but mostly will be lost. Which new jobs will be gained? AI prompt engineering? Meanwhile AI will be able to replace programmers, artists, accountants, marketing, content creators and so on. There is no adaption but only a dead end.
@Greyalien587
@Greyalien587 4 ай бұрын
@@longbeach225these people don’t understand how powerful ai is…they think it’s just another cotton machine that replaces one sector lol
@miket.4192
@miket.4192 4 ай бұрын
all I would say is, good luck putting The Divine inside of a robot - the joke is on whoever has wrongly convinced themselves that you can recreate a human artificially. Sad really, because it comes from a place of misunderstanding and lies. Namaste.
@PremiumToyCollect
@PremiumToyCollect 4 ай бұрын
Lots eat off A.i. not just those picks of ppl yea .
@rajendraprasadkudiyal2347
@rajendraprasadkudiyal2347 3 ай бұрын
ADBHUT INCREDIBLE AI WAT ABOUT IQ NO PROBLEM DESTINATION BHARAT IE INDIA SO MANY LABOUR INTENSIVE JOB MARKET ALONG WITH HEY RAMA HARE KRISNA JOY JOY RAMA ENJOY INDIAN RELIGIOUS TOURISM NAMASTEE UNSC USA UK RAIN RADHEE RADHEE EUROPEON UNION WELCOME DESTINATION INDIA JAI HO
@zionismisterrorism8716
@zionismisterrorism8716 4 ай бұрын
BDS!
@PetrosTriantafyllidis
@PetrosTriantafyllidis 4 ай бұрын
Aip palantir
@auro1986
@auro1986 4 ай бұрын
who? those scientists and engineers who make these softwares that generate losses in the end after initially generating profits for short time
@CYBERSECURITY.101
@CYBERSECURITY.101 4 ай бұрын
Instead of focusing solely on winners and losers, let's strive for a future where AI is used for the greater good, promoting human well-being and ensuring an equitable distribution of its benefits.
@TheRidersChoice
@TheRidersChoice 4 ай бұрын
Does your job use a lot of personal judgment and cleaning up of messes? Your job is safe but it will evolve. Accounting is a cost center and a tedious job. The industry has only grown despite technology rapidly being implemented over the past decades. At the end of the day somebody needs to look at imperfect data and make decisions on how to fix it. The AI won’t be perfect either, it is just a tool. Somebody still needs to use that tool
@ndanielsporter
@ndanielsporter 4 ай бұрын
AI may not be perfect, but it currently outperforms people in many areas. Because of that, companies may replace "professionals" with AI. It's already happening in the medical field because AI gives more accurate diagnoses. Turbo Tax has an AI tax assistant that is being rated higher than the real assistants. Give it a few years.
@TheRidersChoice
@TheRidersChoice 4 ай бұрын
@@ndanielsporter crazy how opportunities in the medical field have risen also despite tons of new technology. AI won’t take away jobs in any field. But it will change them. And yea good luck having anybody sign off on treatment on any diagnosis without a doctor revising it lol. You’re just proving my point. “Well the AI says I need surgery, I guess I’ll take its word”
@ndanielsporter
@ndanielsporter 4 ай бұрын
@@TheRidersChoice since the AI has proven more accurate, I will take the AI's word. I have two relatives that died from cancer that went undiagnosed (and untreated) for years despite regular imaging and visits. You may be right that, for now, the laws would prevent having no human oversight, but that will change. In the short term, radiologists are already being replaced. In a few years, I would put money on the fact that we lose more positions. Also, once AI gets advanced enough to do anything a human can, but more efficiently (especially with the simultaneous improvement in robotics), why do you think we won't lose jobs? The conversation around UBI is happening for a reason. Even Elon Musk admitted that things will get to the point where people aren't working and proposed UBI.
@TheRidersChoice
@TheRidersChoice 4 ай бұрын
@@ndanielsporter your example is literally the case of AI just being a tool for a softie. Not replacing the doctor. You think insurance is going to ok a cancer treatment not signed off on from a doctor?
@starmacias
@starmacias 4 ай бұрын
Everybody's worried about money money money money money money money money money money money money money money money money really is that the solution no that is not the solution something else is better who has a brain to figure this one out
@danieldweebler3392
@danieldweebler3392 4 ай бұрын
Thank you CNBC for another unbiased video... NOT
@circuloviciosamente
@circuloviciosamente 4 ай бұрын
A full AI industry will sale nothing because AI not consume.
@reginaerekson9139
@reginaerekson9139 4 ай бұрын
Yeah because I’m available to help with government in Africa - but you have to feed me for salary and we’re going to get some GOOD water as my first objective! Maybe South America?
@miker9101
@miker9101 4 ай бұрын
Artificial intelligence will be defeated by artificial stupidity.
@WifeWantsAWizard
@WifeWantsAWizard 4 ай бұрын
So all of this is crap. We're establishing a brand new world where everyone will be stunningly smarter and the nexus of creativity will be democratized in a way we've never seen, but the embedded stakeholders in the current model see the monopoly they carved out for themselves crumbling and thus you have videos like this. AI does exactly two things: it reduces the time it takes to find an answer and eliminates the need for analysis and subject matter experts. That's it. This is about CNBC realizing that their claim to "superior business acumen" will be in shambles once AI can be updated daily and their opinionated floating heads realizing they could easily be replaced with objective analysis at a fraction of the cost. Oh, and... (6:57) Alllllllmost edited out that "weaker immigration..." snippet. Almost. So close.
@jasonhaven7170
@jasonhaven7170 4 ай бұрын
Why are you mad at immigration?
@robotyalcinrobot2008
@robotyalcinrobot2008 4 ай бұрын
ai❤❤
@JosephSolisAlcaydeAlberici
@JosephSolisAlcaydeAlberici 4 ай бұрын
Public education will become obsolete, because using AI would become cheaper than employing human teachers who are teacher union members.
@woodchuck003
@woodchuck003 4 ай бұрын
Public education is doomed because it's controlled unions (arguably illegal) whose is main motivation is to increase the number of due payers not to invest in eductors who tech well informed students. Public education is on the way out and it has very little AI.
@slytherben
@slytherben 4 ай бұрын
Completely backward. AI effects jobs at the top first - creatives, finance, efficiency. AI cannot currently replace labor. So it starts at the top, effecting people at the top, then over the decades, works its way down to effect people at the bottom. Currently, AI most impacts creatives, video, photo, design, film, gaming, music. Next it will dramatically change search - Google, Bing
@BrightWendigo
@BrightWendigo 4 ай бұрын
AI paired with automation absolutely can replace labor and already has. Walmart uses ai for their cameras and sensors and have replaced cashiers already. It’s over bro, poor people are obsolete
@slytherben
@slytherben 4 ай бұрын
Your point is moot because those jobs were replaced prior to AI. Re-read my comment above to understand what's happening now. Future iterations will impact jobs in the lower end of the market, but that's still several years away, if no decades. @@BrightWendigo
@3.14name
@3.14name 4 ай бұрын
Have tried using AI in a creative field. And enthusiasm aside it only generates the most basic stuff ever made. There will always be a need for a creative curator that can adapt everything for human nuances. It gives me some ideas sometimes, but what it can generate is very raw.
@slytherben
@slytherben 4 ай бұрын
A few more examples: AI will completely revolutionize medical research, software engineering, and hardware engineering in the near term. All of those jobs are at the top.
@slytherben
@slytherben 4 ай бұрын
@@3.14name I make my entire living with the Adobe Creative Suite. The AI features save me hours of work everyday. It’s astounding. It’s completely changed my life. Currently, in the creative field, you need a human to supervise the AI, and put the final touches. But AI is 1 year old. What will that process look like in 5 years?
@paulsaragosa371
@paulsaragosa371 4 ай бұрын
Jah 99 luft balloon s by Nina
@Bright123-fp3jl
@Bright123-fp3jl 4 ай бұрын
>>> I believe we are meant to be like Jesus in our hearts and not in our flesh. But be careful of AI, for it knows only things of the flesh which are our fleshly desires and cannot comprehend things of the spirit such as true love and eternal joy that comes from obeying God's Word. Man is a spirit and has a soul but lives in a body which is flesh. When you go to bed it is the flesh that sleeps, but your spirit never sleeps and that is why you have dreams, unless you have died in peace physically. More so, true love that endures and last is a thing of the heart. When I say 'heart', I mean 'spirit'. But fake love, pretentious love, love with expectations, love for classic reasons, love for material reasons and love for selfish reasons those are things of the flesh. In the beginning God said let us make man in our own image, according to our likeness. Take note, God is Spirit and God is Love. As Love He is the source of it. We also know that God is Omnipotent, for He creates out of nothing and He has no beginning and has no end. That means, our love is but a shadow of God's Love. True love looks around to see who is in need of your help, your smile, your possessions, your money, your strength, your quality time. Love forgives and forgets. Love wants for others what it wants for itself. However, true love works in conjunction with other spiritual forces such as patience and faith - in the finished work of our Lord and Savior, Jesus Christ, rather than in what man has done such as science, technology and organizations which won't last forever. To avoid sin and error which leads to the death of your body and your spirit-soul in hell fire (second death), you must make God's Word the standard for your life, not AI. If not, God will let you face AI on your own (with your own strength) and it will cast the truth down to the ground, it will be the cause of so much destruction like never seen before, it will deceive many and take many captive in order to enslave them into worshipping it and abiding in lawlessness. We can only destroy ourselves but with God all things are possible. God knows us better because He is our Creater and He knows our beginning and our end. The prove text can be found in the book of John 5:31-44, 2 Thessalonians 2:1-12, Daniel 2, Daniel 7-9, Revelation 13-15, Matthew 24-25 and Luke 21. *HOW TO MAKE GOD'S WORD THE STANDARD FOR YOUR LIFE?* You must read your Bible slowly, attentively and repeatedly, having this in mind that Christianity is not a religion but a Love relationship. It is measured by the love you have for God and the love you have for your neighbor. Matthew 5:13 says, "You are the salt of the earth; but if the salt loses its flavor, how shall it be seasoned? It is then good for nothing but to be thrown out and trampled underfoot by men." Our spirits can only be purified while in the body (while on earth) but after death anything unpurified (unclean) cannot enter Heaven Gates. Blessed are the pure in heart, for they shall see God (Matthew 5:8). No one in his right mind can risk or even bare to put anything rotten into his body nor put the rotten thing closer to the those which are not rotten. Sin makes the heart unclean but you can ask God to forgive you, to save your soul, to cleanse you of your sin, to purify your heart by the blood of His Son, our Lord and Savior, Jesus Christ which He shed here on earth - "But He was wounded for our transgressions, He was bruised for our iniquities; the chastisement for our peace was upon Him, and by His stripes we are healed", Isaiah 53:5. Meditation in the Word of God is a visit to God because God is in His Word. We know God through His Word because the Word He speaks represent His heart's desires. Meditation is a thing of the heart, not a thing of the mind. Thinking is lower level while meditation is upper level. You think of your problems, your troubles but inorder to meditate, you must let go of your own will, your own desires, your own ways and let the Word you read prevail over thinking process by thinking of it more and more, until the Word gets into your blood and gains supremacy over you. That is when meditation comes - naturally without forcing yourself, turning the Word over and over in your heart. You can be having a conversation with someone while meditating in your heart - saying 'Thank you, Jesus...' over and over in your heart. But it is hard to meditate when you haven't let go of offence and past hurts. Your pain of the past, leave it for God, don't worry yourself, Jesus is alive, you can face tomorrow, He understands what you are passing through today. Begin to meditate on this prayer day and night (in all that you do), "Lord take more of me and give me more of you. Give me more of your holiness, faithfulness, obedience, self-control, purity, humility, love, goodness, kindness, joy, patience, forgiveness, wisdom, understanding, calmness, perseverance... Make me a channel of shinning light where there is darkness, a channel of pardon where there is injury, a channel of love where there is hatred, a channel of humility where there is pride..." The Word of God becomes a part of us by meditation, not by saying words but spirit prayer (prayer from the heart). When the Word becomes a part of you, it will by its very nature influence your conduct and behavior. Your bad habits, you will no longer have the urge to do them. You will think differently, dream differently, act differently and talk differently - if something does not qualify for meditation, it does not qualify for conversation. *THE BATTLE BETWEEN LIGHT AND DARKNESS (GOOD AND EVIL)* Heaven is God's throne and the dwelling place for God's angels and the saints. Hell was meant for the devil (satan) and the fallen angels. Those who torture the souls in hell are demons (unclean spirits). Man's spirit is a free moral agent. You can either yield yourself to God or to the devil because God has given us discretion. If one thinks he possesses only his own spirit, he is lying to himself and he is already in the dark. God is light while the devil is darkness. Light (Holy Spirit) and darkness (evil spirit) cannot stay together in a man's body. God is Love (Love is light) and where there is no love is hell, just as where there is no light is darkness. The one you yield yourself to, you will get his reward. The reward of righteousness to man's spirit is life (abundant life) and the reward of sin to man's spirit is death. Sin and satan are one and the same. Whatever sin can cause, satan also can cause. Sin is what gives the devil dominion or power over man's spirit. When God's Word becomes a part of you, sin power over you is broken, you become the righteousness of God through Christ Jesus. Where Jesus is, you are and when He went (to the Father), you went. In the book of John 8:42-47, Jesus said to them, “If God were your Father, you would love Me, for I proceeded forth and came from God; nor have I come of Myself, but He sent Me. Why do you not understand My speech? Because you are not able to listen to My word. You are of your father the devil, and the desires of your father you want to do. He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he speaks a lie, he speaks from his own resources, for he is a liar and the father of it. Which of you convicts Me of sin? And if I tell the truth, why do you not believe Me? He who is of God hears God’s words; therefore you do not hear, because you are not of God.” May God bless His Word in the midst of our hearts. Glory and honour be to God our Father, our Lord and Savior Jesus Christ and our Helper the Holy Spirit. Watch and pray!... Thank you for your time and may God bless you as you share this message with others.
@freddyfriend5462
@freddyfriend5462 4 ай бұрын
I can't see any progress in AI. All it can do for today is to give wrong answers and compose simple imitative texts.
@CyclonixStudios
@CyclonixStudios 4 ай бұрын
How about predicting protein folding, identifying cancer or helping to synthesize new materials... Just 3 examples where it is superior.
@CadyCadwell
@CadyCadwell 4 ай бұрын
because you're not smart enough to get involve in the development or having hard time findding current AI news?
@Telencephelon
@Telencephelon 4 ай бұрын
Why is there always a black woman on CNBC telling us something about "better outcome for society". What science is this based on?
@jarrodyuki7081
@jarrodyuki7081 4 ай бұрын
what??????????????????
@Riisboll1
@Riisboll1 4 ай бұрын
Wtf you doing bringing Russia lovning Jeff Sachs on the show???🤯🤯 Thats a permanent unfollow!
@user-ou8ef2gs7e
@user-ou8ef2gs7e 4 ай бұрын
You can change AI for electricity or internet and pretty much the same remains true
@iandaniel1748
@iandaniel1748 4 ай бұрын
I don't pay company don't use woker that pay tax use build society
@zachw1770
@zachw1770 2 ай бұрын
This isn’t even about ai it’s more about income redistribution. What an unfortunate miss by whoever made this video. Great potential but big miss
@luisgrod0
@luisgrod0 4 ай бұрын
A.I. is a tool for all humans to be more productive, generative, influential.
@ramanne5962
@ramanne5962 4 ай бұрын
this will be taken care by declining population in developed countries.
@pauldannelachica2388
@pauldannelachica2388 4 ай бұрын
❤❤❤❤❤❤
@michaziobro5301
@michaziobro5301 4 ай бұрын
Tax AI 😀 each request schould be taxed
@Also_sprach_Zarathustra.
@Also_sprach_Zarathustra. 4 ай бұрын
You can only tax what’s on your territory. So all doomers countries will have nothing to tax, and no job nor money ever.
@normlor
@normlor 4 ай бұрын
OBVIOUSLY, ALL WORKERS WHO LOSE THEIR JOBS TO THESE GREEDY, VILE OWNERS WHO WANT THAT BOTTOM LINE TO BE 10 FEET THICK!!
@brytonkalyi277
@brytonkalyi277 4 ай бұрын
\∆/ I believe we are meant to be like Jesus in our hearts and not in our flesh. But be careful of AI, for it knows only things of the flesh which are our fleshly desires and cannot comprehend things of the spirit such as true love and eternal joy that comes from obeying God's Word. Man is a spirit and has a soul but lives in a body which is flesh. When you go to bed it is the flesh that sleeps, but your spirit never sleeps and that is why you have dreams, unless you have died in peace physically. More so, true love that endures and last is a thing of the heart. When I say 'heart', I mean 'spirit'. But fake love, pretentious love, love with expectations, love for classic reasons, love for material reasons and love for selfish reasons those are things of the flesh. In the beginning God said let us make man in our own image, according to our likeness. Take note, God is Spirit and God is Love. As Love He is the source of it. We also know that God is Omnipotent, for He creates out of nothing and He has no beginning and has no end. That means, our love is but a shadow of God's Love. True love looks around to see who is in need of your help, your smile, your possessions, your money, your strength, your quality time. Love forgives and forgets. Love wants for others what it wants for itself. However, true love works in conjunction with other spiritual forces such as patience and faith - in the finished work of our Lord and Savior, Jesus Christ, rather than in what man has done such as science, technology and organizations which won't last forever. To avoid sin and error which leads to the death of your body and your spirit-soul in hell fire (second death), you must make God's Word the standard for your life, not AI. If not, God will let you face AI on your own (with your own strength) and it will cast the truth down to the ground, it will be the cause of so much destruction like never seen before, it will deceive many and take many captive in order to enslave them into worshipping it and abiding in lawlessness. We can only destroy ourselves but with God all things are possible. God knows us better because He is our Creater and He knows our beginning and our end. The prove text can be found in the book of John 5:31-44, 2 Thessalonians 2:1-12, Daniel 2, Daniel 7-9, Revelation 13-15, Matthew 24-25 and Luke 21. *HOW TO MAKE GOD'S WORD THE STANDARD FOR YOUR LIFE?* You must read your Bible slowly, attentively and repeatedly, having this in mind that Christianity is not a religion but a Love relationship. It is measured by the love you have for God and the love for your neighbor. Matthew 5:13 says, "You are the salt of the earth; but if the salt loses its flavor, how shall it be seasoned? It is then good for nothing but to be thrown out and trampled underfoot by men." Our spirits can only be purified while in the body (while on earth) but after death anything unpurified (unclean) cannot enter Heaven Gates. No one in his right mind can risk or even bare to put anything rotten into his body nor put the rotten thing closer to the those which are not rotten. Sin makes the heart unclean but you can ask God to forgive you, to save your soul, to cleanse you of your sin, to purify your heart by the blood of His Son, our Lord and Savior, Jesus Christ which He shed here on earth - "But He was wounded for our transgressions, He was bruised for our iniquities; the chastisement for our peace was upon Him, and by His stripes we are healed", Isaiah 53:5. Meditation in the Word of God is a visit to God because God is in His Word. We know God through His Word because the Word He speaks represent His heart's desires. Meditation is a thing of the heart, not a thing of the mind. Thinking is lower level while meditation is upper level. You think of your problems, your troubles but inorder to meditate, you must let go of your own will, your own desires, your own ways and let the Word you read prevail over thinking process by thinking of it more and more, until the Word gets into your blood and gains supremacy over you. That is when meditation comes - naturally without forcing yourself, turning the Word over and over in your heart. You can be having a conversation with someone while meditating in your heart - saying 'Thank you, Jesus...' over and over in your heart. But it is hard to meditate when you haven't let go of offence and past hurts. Your pain of the past, leave it for God, don't worry yourself, Jesus is alive, you can face tomorrow, He understands what you are passing through today. Begin to meditate on this prayer day and night (in all that you do), "Lord take more of me and give me more of you. Give me more of your holiness, faithfulness, obedience, self-control, purity, humility, love, goodness, kindness, joy, patience, forgiveness, wisdom, understanding, calmness, perseverance... Make me a channel of shinning light where there is darkness, a channel of pardon where there is injury, a channel of love where there is hatred, a channel of humility where there is pride..." The Word of God becomes a part of us by meditation, not by saying words but spirit prayer (prayer from the heart). When the Word becomes a part of you, it will by its very nature influence your conduct and behavior. Your bad habits, you will no longer have the urge to do them. You will think differently, dream differently, act differently and talk differently - if something does not qualify for meditation, it does not qualify for conversation. Glory and honour be to God our Father, our Lord and Savior Jesus Christ and our Helper the Holy Spirit. Let us watch and pray... Thank you for your time.
@far1762
@far1762 4 ай бұрын
Da multe se skymba rapid acum sory uni nuvad alty vor ramyne în urma va fi liberi pt aljtealalteservycy sau or cădea ynyyncryza x1, aljty se or muta e real yok gluma
@khankrum1
@khankrum1 4 ай бұрын
One of the things that is becoming evident is the more people that are displaced from productive labour then there would have to be some form of redistribution to replace it. Socialism perhaps? Or even full comminism. But that would not eleviate the inevitable decline of humanity ! Perhaps even extinction
@Also_sprach_Zarathustra.
@Also_sprach_Zarathustra. 4 ай бұрын
This century will see the end of capitalism. What’s next ? Probably a new scientific harmonic society governed by AI. Who knows. Or a dystopian corporates dictatorship governed by money-men. (Cleptocratism) But we need to do the choice now.
@ARandomName9
@ARandomName9 4 ай бұрын
What the hell are all the the quill and ink sales man gonna do now that this gosh darn printing press is taking over?!? Absolutely sickening, what’s next? My buggy won’t need its horse?!? Gimme a break.
@archinomics
@archinomics 4 ай бұрын
The general concern isn’t job loss, it’s the vast scale and speed of the loss. It’s not a niche issue for a particular sub-sector of businesses (e.g., like horse and buggy), but an economy-wide impact where jobs added to the economy is always outpaced by jobs lossed.
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