Advances in AI will threaten white-collar workers and create “a serious number of losers” over the next decade, according to one of the co-founders of the DeepMind AI lab that pioneered the technology.
“Unquestionably, many of the white-collar jobs will look very different over the next 5-10 years. . . there will be a serious number of losers [and they] he’s going to be very unhappy, very agitated,” said Mustafa Suleyman, who spoke Tuesday at the GIC’s Bridge Forum in San Francisco. Suleyman left DeepMind last year and started his own chatbot business, Inflection AI.
Enthusiasm for advances in technology has been tempered by fears that how TO THE tools shake everything from medical diagnostics to teaching and copywriting, a variety of jobs will be uprooted.
Recent research of Goldman Sachs predicted that advances in generative AI could increase annual global gross domestic product by 7% over a 10-year period thanks to higher productivity. This could, however, cause “significant disruption” to the workforce, with as many as 300 million jobs potentially exposed to automation.
Suleyman said governments should think about how to support those whose jobs would be destroyed, with a universal basic income a potential solution: “This requires material reparations. . . This is a political and economic measure that we need to start talking about seriously ”.
TO THE startups they’ve made major technological advances in the past six months, and companies have invested billions of dollars in industry startups. Microsoft invested heavily in ChatGPT maker OpenAI earlier this year, valuing the company at around $30 billion.
The launch of a series of tools such as ChatGPT, which allows users to generate a series of text, image or video outputs from natural language inputs, has put the spotlight on “generative AI” and sparked a wave of clamor in the tech investing community.
Google, which acquired DeepMind in 2014, has developed its own language models such as LaMDA and PaLM. But the company was taken by surprise by the launch of ChatGPT in November last year.
With LaMDA, “we had ChatGPT a year and a half before ChatGPT. It’s been frustrating, beyond frustrating to see ChatGPT explode,” Suleyman said.
Google, he added, was firmly in the fight to dominate the new wave of AI tools, but ChatGPT had them “dance a little.”
The arms race between Microsoft, Google and a number of other chatbot creators including Inflection and Cohere, which raised $250 million with a valuation of $2 billion last week, it’s pushing the frontiers of AI.
“The last decade has been defined by classification and definition, now we are looking at interaction. . . the rigidity of the format will be released and everything will feel more dynamic and personalized,” said Suleyman, whose company launched its Pi chatbotsshort for personalized intelligence, last week.
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