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Chat GPT & The Economic Impact of AI #chatgpt #ai #economics



Chat GPT is a company that provides AI-driven chatbot services. In this video, we discuss the economic impact of AI for production …

36 thoughts on “Chat GPT & The Economic Impact of AI #chatgpt #ai #economics”

  1. You've only got to use chatgpt to see it's going to play a huge role in future productivity. In the right hands it could help advance our technology quicker. There is also the fact it will probably end up in the wrong hands and tbh i can't even imagine what bad stuff will come of it. But like how the internet has closed libraries, it's just a matter of time

  2. I am a Data Scienctist working with AI and Machine Learning. The same problems with statistics exist with AI. AI only knows the data we input. If a company only inputs internal data rather than scrapping the web for customer input they may never solve the problem. In other words AI needs your cookies to be enabled. Lol.

  3. They will take some jobs but new ones will form. Same happened in every industrial revolution to date.
    I like to use the example of an architect introduces his retired architect grandfather to Autocad, he is dumbfounded and explained that everything this program is doing needed a room full of people for the same thing. Jobs have been taken by software, but the number of jobs has increased. I expect the same, if for some reason new jobs aren't created, then UBI should be implemented. Since billionaires cannot stay billionaires if they have no clients lol

  4. I believe ai advance too fast for us to adopt. There still no global serious talks about ubi and subsidiesed free and good re-education for millions future jobless

  5. Loss of jobs. Because AI will take them. No jobs, no salaries. Even bigger pressure on docial care services. No salaries, no consumer's spending. No spending, means no selling. Companies cannot earn to pay the salaries, that means more firing. Companies will not be able to pay off their debts. Consumer with no salary will not get the loan, bcs bank will not approve him the loan, and he won't be able to return it. So the banks will not earn on interests, since there will be no loan giving, nor the customers (citizens and companies) will be able to pay the debt installments. No paying off the real estate loans, the real estate market will crash. The customers will soon run out of money and then the bank rush will happen, bringing the financial system to collapse.

  6. Just another way to push UBI. It'll take decades before AI can function properly as a replacement for people, and in that time people will lose faith even more than they already have. Inevitably, though, the advancements in technology will make it feasible and make UBI a necessity.

  7. And then they'll fire Asian and White men and replace them with political activists that will manipulate the AI until it produces nothing but woke garbage. Can we have one good thing that isn't immediately poisoned by Californian corporations?

  8. I am so annoyed by this early-2000s-"cYBeR-sCFi" artstyle that is used whenever people talk about AI (just like the matrix falling-letters screen everytime someone talks about computers one technichal level below Microsoft Excel)

  9. Technological singularity will lead us to such social inequality we have never experienced before. With every step in Hi-Tech progression the rich people will get more and more opportunities to become even more powerful. One day they will buy immortality. Death is a sad thing, but only death was the last obstacle for rich people to get absolute power.

  10. I think it will much more directly increase productivity, and I don't mean just quantity but also quality. I've heard a fairly large number of people with small businesses who are already using ai to come up with things better than they ever could in a reasonable amount of time, for example if they want a new slogan just get chatgpt to male a great one in a day while they would've taken a week to come up with a good one

  11. I talked to ChatGPT about the conflict between personal freedom and the laws politicians make regarding the public interests. It was like talking to to the smartest most educated adult ever, I couldn’t spot a difference two a human. I believe this will leave millions op people without jobs.

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