Highlights: Michael Webb on whether AI will soon cause job loss, lower incomes, & higher inequality

This is a selection of highlights from episode #161 of The 80,000 Hours Podcast. These aren't necessarily the most important, or even most entertaining parts of the interview - so if you enjoy this, we strongly recommend checking out the full episode: • Will AI cause job loss...
In this episode, host Luisa Rodriguez speaks to economist Michael Webb of DeepMind, the UK Government, and Stanford University about how AI progress is going to affect people’s jobs and the labour market.
Highlights include:
• Luisa's intro (00:00:00)
• The jobs most exposed to robots, software, and AI (00:00:43)
• How automation can actually create jobs (00:03:42)
• How automation affects employment at the individual level (00:06:49)
• How long it took other game-changing technologies to have economy-wide effects (00:11:56)
• Ways LLMs might be similar to previous technologies (00:19:34)
• Whether AI will be rolled out faster than government can regulate it (00:24:12)
• Whether AI will cause mass unemployment in the long term (00:27:52)
Learn more and find the full transcript on the 80,000 Hours website:
80000hours.org/podcast/episod...

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In the last highlight, the important question is, will those things that humans are going to be able to do have leverage? Or will it be things like souvenirs and souvenirs from exotic places that you bring when you go on vacation?