Is AI coming for your job? | DW Business
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- čas přidán 1. 05. 2023
- 83 million jobs are set to disappear within just 5 years, according to the World Economic Forum’s latest report on the future of work. DW speaks with its managing director, Saadia Zahidi, on how the rapid advancements in AI and the push for green solutions are continuing to disrupt the job market.
While low-skill work is most at risk from AI, the report emphasizes that it will ultimately have a 'net positive' effect, with developments set to create 69 million new jobs by 2027. However, job disruption is likely to disproportionately affect women. Meanwhile, a talent shortage is pushing firms to retrain their employees faster: we explore the growing trend of companies focusing on training and 'upskilling' workers to keep up with the ever-changing landscape.
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#AI #Jobs #WEF
I wanted to study computer science, but I think becoming a barber is safer
😂😂
Yeah, it will take some time before people trust a robot with a scissor close to ones ears and eyes?😅
Don’t go into computer science. You’re not cut out for it. I hate all these normies coming into my field because they think there is money. If you weren’t here from the start, it’s not for you.
Be farmer instead, you will use AI to help you make your food.
No, all lower intelligence jobs will be taken over by robots that work with AI. That is gardener, cooks, bricklayers, carpenters and yes, also barbers, they will work a lot faster too. Computer programmer in the field of AI will make you very rich indeed, the same way that when horses turned into cars, all horse people lost their jobs, while people building cars became very successful, and yeah: You might not know this, but there were a lot more people needed building cars than before maintaining horses. AI is not writing itself and will likely never be able to do that (if you knew anything about computers is that nothing works by itself, all automatisms have to be built with a lot of work) You might benefit from using AI yourself and seeing what it can do and very important: What it cannot and where it sucks, a lot of what the news reported is endlessly hyped and exaggerated: Try to write some python code with it and you will be amazed and then, when you run the code, disappointed that it doesn't work, I have not been able to produce errorless code so far, everything was broken and had to be fixed. This AI can't think and can't even check its own work for errors.
I borderline expected Saadia will peel off her skin at the end and proclaim "Too late, puny humans!" revealing that she's an AI and real Saadia had already been replaced.
Oh wow you caught her name ... 😅 that's interesting
That’s not far fetch, almost certain she will be replaced by AI, but it won’t say "Too late, puny humans."
Her name is Saudia not Saadia.
LOL I had that same thought!
@@lawrencekling8598Saadia Zahid, reading helps
Getting trained for newer jobs is not as good as they say. All employers ask for experience and no new jobs for fresh starters.
yep. They don't want to pay for it but then complain the jobs aren't done well.
Lmfao, try barely any jobs especially ones with a livable wage, high experience, they can choose the best credential worker (so the best schooling), all the while HUNDREDS of people are applying for a job that has ONE opening 😂 . Oh and good luck if you're a minority, sometimes an employer will see a foreign or ethnic name and you can be denied even if you are qualified. Lol good luck if you have some kind of disability that's apparent.
And when more people are competing for fewer jobs the wage you get even if you do get the job will not be sufficient
The problem is not the advance of AI but uncontrolled capitalism. If societies would not cater to multinational companies but rather they would care about their own people, then nobody had to worry about their job because they knew that they would get money for food and housing from the state.
Truth
That’s right. Nothing wrong with some capitalism. You earn what you want to invest in it. Be it time or something else. But the balance is completely gone now.
we can tolerate terrorism but we can't stand socialism
@@syproful Yes, exactly. But in uncontrolled capitalism there are multinational companies in monopol position, that is ain't no capitalism anymore.
@Pat Risberg it's destroyed itself when become oligopoly.
My career ended before it even started.
The company with which I work as a "partner" has decided to implement AI and although they say "it will be a sea of new opportunities" it is evident that all the artists of the company will be replaced, I feel sad, angry, shocked, maybe hopeful but I am afraid. I am truly afraid of the uncertainty of how I will be able to support my family
Man..I feel you :(
Do you work in a legal sector?
The company I work at uses 2 types of Ai already. One for HR & IT, one for personal development & language learning. The 2 AIs in question basically do repetitive administrative things and make the jobs of HR and IT pp easier, so we require fewer workers to do the same amount & quality work. AI can be trained to do basic repetitive administrative white collar tasks. AI does not need a salary, does not get sick, is there and works 24/7, has no rights, does not suffer from mental illness and so on. Plus its kind of gr8, if I don't know something I can just ask the AI, it knows and can explain and point me in the right direction. When dealing with a very complex system.. this can save a lot of time.
What comapny are you talking about? aritsts?
Not to worry. It'll all be worked out by the general public. We all need to do our part as society to be engaged in our progresses. AI won't pollute the air we breath or the water we drink. AI won't through their garbage on the ground after coming out of the local convenience stores and clog up the sewer pipes as the storm water rushes thru your neighborhood.
There is nothing you can do, Greed is number one reason for everything bad going in world. If a company sees opportunity to make more money by laying off 90% of employes, trust me EVERY company WILL DO IT.
If AI can do everything we can do, I think everyone should not be forced to work.
No one is forcing you to work. Go and start begging.
no ones forced to work
@@boss_nikoCaptalism forces people to work
😂
@@jr-yn4lkyeah nobody's forced to work its just that if you don't you'll starve to death and probably get a bunch of diseases on the way..
To be blunt, no body knows the human job perspective in the coming future, they paint some positive pictures to maintain the status co and remain in their position.
This report would have been much more credible if I could stop laughing after Saadia mentioned how companies are working harder to retool and retrain their workers. I’m sorry, but I have yet to see any company doing the right thing in retraining their workforce - rather than performing mass layoffs and rehiring the talent needed from the open market. Companies doing the right thing is as much a fantasy as world peace.
The government is not going to help in re-training anyone. Where I'm from, since COVID there hasn't been a single penny allocated to re-training. Over 200,000 laid off from the IT sector and not a single one has been offered any training. And going by the history of my government I will say they are more interested in coming up with a plan on how to charge AI income tax than re-training anyone. It's every man and woman for him/herself as it stands for now.
Yes and this time around no amount of re-skilling will help the masses as each sector we get re-trained is also taken over by A.I. To be sure the govt gridlock will prevent any real program(Universal Basic Income) to occur until were over 20% unemployment= riots, civil war, mass starvation).
@@jcd3869 and what's interesting is that the mainstream media does not bring anything of what you said up. It's like they have decided to completely ignore actual reality.
In some point we will need an universal basic income discussion. Some people will not adapt at all to new jobs ....
If not, there will be massive upheaval and chaos. I don't understand how some people can't see that.
Wont happen, instead the population will fall off as people starve and cant afford to survive. Then the rich will be the ones left to live in utopia. Many science fiction movies have it right IMO.
To add, a universal basic income in that case would be just enough to survive but not enough to live. I dont really see this going well in any way, at least were quite a ways out from the real issue for most of us, but a lot of bottom of the barrel jobs are going to be gone within a few years
Even if people were given enough to survive, it wouldn’t end well. Humans are not farm animals content with being doled out just enough to survive. We need purpose and to be part of something larger. It’s going to create a lot of upheaval and chaos and most people aren’t taking it seriously or just aren’t aware just how much it is going to affect thwm
@@Patrickstarrrrr69 I think people can find meaning in their lives. Having their basic needs met frees them to pursue whatever they want. Some people will just coast by on the dole of course.
I have couple of questions :
1. One of the main determinants of gaining economic prosperity of any government is achieving as much as possible higher level of employment, so is it paradox that nations heading to reducing employment level and increasing unemployment numbers ?
2. The main driver of any economy is consumer consumption, (70%), if people will stay out of jobs they lose confidence and begin spend money only for basic staff like food , apartment, clothes, so if this numbers would drop to 40 %, whom need this term “productivity “ which accelerating by technology development?
3. Tax system, AI is gonna pay taxes as human beings did ? Which is again the basis of any economy to create a budget ?
I've been saying this! AI aren't an economic force. What profits are these companies really going to make if the entire work force goes AI? If nobody is making money, then nobody can spend it? Governments need to get on regulating this now or their own revenue is going to tank...they think these big companies give enough in taxes lol going to regret letting that go unchecked for as long as they did when they are the only ones with money to give.
So far nobody answer that. Maybe AI will answer that 😅
Employers are trying to buy already developed talent. I just ditched a +1hr job exam over the weekend. They no longer want face-to-face or human-centric interviewing. The application process itself is vastly automated with generative AI, it's almost like they don't value the human connection during the job application process. Hence, the use of ChatGPT to write cover letters tailored to the job description and requirements. No need to waste more than 5 mins on one job application. It's only fair.
That's interesting food of thought
That's a good thing, not a bad thing. Think about all the people who can't get a job based on people who don't like their personality, or their race, or gender. What you just said completely removes all the bias and just sticks to skills.
@@darkorse9752 Certificates only say a limited amount about real skill... you dont dont find good workers if you only go with certificates. Certificates only tell you that a person was in a lot of courses not if it can work with others, can lead a team, fits the company and more.
@@GastO1 While I understand your concern about certificates not necessarily reflecting a person's complete skill set, let me clarify that I wasn't suggesting relying solely on certificates. Instead, I was highlighting the importance of using AI in the job application process to reduce human bias.
AI can be used as a tool to complement the traditional recruitment process, rather than replace it entirely. By using AI to screen applicants based on objective criteria such as skills and qualifications, we can ensure a more diverse and fair shortlist of candidates. This would then be followed by human-centric interviews and other assessments to gauge interpersonal skills, cultural fit, and team dynamics.
In this way, AI can help recruiters focus on the candidates' true abilities, reducing the impact of unconscious biases that can lead to discrimination. It's not about eliminating the human element from the recruitment process, but rather using AI to enhance it and create a more equitable system for all job seekers. (This message was powered by ChatGPT)
@@darkorse9752 It depends on the data used to train AI and machine learning. If recruitment tools are trained on examples of current cohorts of most successful employees, these examples may reflect current human bias on class, gender and race.
Sooner or later AI will take all the jobs, we cant compete. First will be the white collar jobs, then the blue collar and artistic jobs. There is no field we will be able to compete in indefinitely. AI will be better at data entry, manual labor, running the company, writing a better novel. No job is safe, and its a good thing. What we need to do is have an adult conversation about purpose (which we wont), and some sort of universal basic income and what a post economy economy will look like, and get ready for things to start to get real silly.
Its already taking on the blue collar and craft type jobs. It the very high skill jobs that will take a while. We will quickly have a premium niche of 'human made' products
I'd love to have an adult conversation about the value of jobs and doing stuff, and about the value that businesses owe to the communities they are in beyond finding the cheapest way to earn profits. I for one don't just want to live off universal basic income and have everything done for me. I'm sure a lot of people feel that way. I wonder if that's considered a valid viewpoint in this adult conversation, or one that's written off as childish because AI is inevitable?
UBI - how long would the masses (selfish, lazy, trouble-makers) be content with subsistence-level income? The rich elite want rid of the have-nots. The masses only exist for so long as they are useful in work.
@@jmhorange OK, so if you dont want to, dont. But why take the choice/opportunity form others?
@@mycosys Isn't that the point of a discussion, that some people stand to lose whichever way it goes so there's a discussion to reach a compromise that both sides can live with. Saying that AI people will lose choice/opportunities if AI is regulated to protect jobs is true. But it's as true as millions of people will lose choice/opportunities if AI isn't regulated. So to claim one side of the lose in order to imply you do what you want and I do what I want is disingenuous.
Having a net gain is no comfort to individuals who have been comprehensively shafted across a whole range of skills. I've been deskilled about 4 times so far (due to advancements in software) and AI has displaced me or is in the process of doing so as far as my hobbies are concerned (art / writing and rpgs). And like the software upgrades, training and upgraded tech is needed to run everything, so AI that isn't just a toy offering is going to be out of reach for me to obtain and implement. At age 55, like many others, I'm out of time and money to respond to such sharp inclines in the territory, and employers are not going to invest in someone my age anyway. I'm thinking society might want to consider the term 'dysgenic effect' for debate when implementing anything that has world shaking potential. I'm torn between being mightily impressed and feeling abandoned.
I'm a young adult who just started digital artwork like 3D modeling and texturing and the things that come along with it and I'm convinced I already am unable to keep up with software trends and it's such an uncertain feeling. The air gets thick when I think about my future or, even how I can translate any of my skills to any industry once I get good enough. I fear I'm going to have to abandon all hope as someone who's can't afford college but is trying to self teach digital skills.
@@christopherperkins8948 People might need to keep diverse skill sets to allow them to leap from one discipline to another. And keep a legacy portfolio, try to learn cross discipline skills. Alternatively, we could ask ChatGPT how to defend ourselves against ChatGPT.
no one can take your hobbies! hobbies are for personal pleasure, no one is forcing you to use AI for it, so just keep enjoying your hobbies at your level :)
Capitalism still needs you to be a consumer so big companies will try giving you helicopter money as a last resort to save capitalism before the collapse. Hope this gives you some rope.
All the more reason to save as much as you can in case you are forced into early retirement
If WEF says 83 million jobs will disappear, that's not a prediction. That's a PROMISE.
Didnt it say in the same article that AI will create 97 million new jobs?
@@JPD147 69 million.
The more it disrupt the more we need ask ourselves if we need to keep our social structures in place like working for money or having a job at all..
People will always work, but work based on their interests instead of working for money and survival.
As of now, we are way too afraid of the inevitable outcome of AI doing our work and humans being freed to pursue their own passions with some basic necessities as a human right.
Me thoughts exactly.
UBI
no, people wont always work. you fail to see the oxymoron/contradiction you just created. you first say "people will always work", then right after say "we are way too afraid of the inevitable outcome of AI". so you kinda sound mad confused here lil bro. are people gonna work or not? me personally, when tech hits peak singularity then it will, theoretically, be soo advanced that NO human will have to work ever work ever again. this is called self-sovereign freedom free from capitalistic/socialist clutches. then we can finally live as how nature intended, and just experience it whole heartily.
@@CAM-fq8lv no not just UBI/CBDCs. it's also going to be DeFi on the opposite end. wake up.
If wealth distribution is not solved, nobody is being freed from AI. It's more like losing out in our own version of natural selection
People are mostly not aware that high skilled manual workers have the most secure jobs (electricians, plumbers, dentists, medical nurses, maintenance technicias,...) and that's how will stay for a long time but all office administrative jobs will be easily replaced with AI, even the menagment and sales positions.
But just until Boston Dynamics and Co. are ready with those robots. 😅 What will happen as sudden and fast as the AI revolution in the very near future.
Pretty much every job. There are already robots doing some dentists and surgeons work.
saw artly coffee robot machine and which can also draw latte art , its not soon a person coffee barista skill will be effected
also keep in mind it takes about 6 month of training ( some take few months) to master those latte art skill and coffee knowledge
It will ruin whole government and taxes system too. It is good in films, but in real-life it will be the most horrible experience for humanity.
We are so screwed…
So basically, I'll need to know everything just to get a minimum wage job.
yep
If you are lucky
...but that won't be a minimum wage job then?
Remember when machines were going to save humanity work? Instead we just invented new busywork and aimed for pointless 'productivity'.
We work twice as much (or more) as many indigenous peoples did. It REALLY doesnt need to be this way.
We created this ridiculous system where corporations are people with no responsibilities but maximising profit, by law.
We CAN create a new system that works for humans rather than the other way round.
Inequality is higher than before the Frnch Revolution. Something HAS to change.
capitalism needs to change. it needs to go to the next. And the next level was already predicted 100 years ago by Marx, what it will be: communism.
Now you see why capitalists doing so much work to demonize communism? Because without workers rights movements they can do anything. They are the government, they are the law. They bought them, lobbied, invested in them, just to give as small as possible to workers. And that's happening all over the world. Only some Nordic countries are exception.
@@normusdoar But communism don't worked in Soviet Union.
@@alfonsasspalviskis2651 but Marx communism was really ever tried. Only bad copies of communism. even today's China isn't a complete communism as Marx's
I’m Australia we have more holidays than work days
Ironically, Jr devs, IT folks and programmer jobs will be among the first go as AI rapidly advances in a few years. Until robotics catches up, many good paying jobs will remain for a few decades like floor nurses and plumbers. This woman is in denial if she thinks it is only low skill workers that will be effected. Today we have an AI based machine that performs better than our best radiologists. Soon those "skills" will be worth no more than those of the humble burger flipper.
Hello Jeff can you tell me what she said that AI will replace only low skilled job and what type of low skilled job is she referring any example?
Presenters and writers of news Can easily be replaced
Bank financial advisors will also be gone too
😒 right, heaven forfend that we figure out a better way to use medical imaging technology, whereas clearly the point of the medical profession is to make doctors richer than they already are by creating market dynamics that allow them to charge high rents. 😒
Future jobs will require individuals to possess a wide range of IT skills and be proficient in maintenance mechanics. Doctors will be replaced by scanning boxes, wherein AI will analyze patients.
Moreover, when observing robots like Boston Dynamics' Atlas, it becomes
evident that numerous other occupations will be automated and performed
by machines.
Great point.
Agree, but you can perhaps imagine that we will not need the entire human race being a mechanical/programmer. And consider the fact that the maintenance at that level/context will probably never be done by humans, but from machines that are able to repair other machines and viceversa. If you take in consideration a full integration of this scenario, we will do almost nothing.
Good to listen to someone who actually spent some time researching the subject.
I completely agree with you.
Not only that it is clear that they did their research,
but also that their news organization allows them to present their information and interview in a long form format -- as opposed to the 2 minute bits that we are fed from most other news sources.
She is a propagandist for the 1%.
@@flickwtchr so a bunch of scientist, paid by the public conduct an extensive reserch around the world. Made it public, so every society, country and company could adjust as well as posible to expected developments around the world. And the best your empty mind could came with is "she is doing it for the 1%"
@Light-Eater - Agree 100%. I'll take my info from people that actually do the research and not "the sky is falling" folks in CZcams comments!
Im sorry to inform you, but I work in AI and I can tell you now this report does not actually know the true capabilities of current day AI and does not take its real potential into consideration. It's far bleak then what it is here.
This is exactly one of the biggest reasons I am terrified of AI in the future. My prediction are coming true. It’s going to put a lot of people out of work one day.
I always take things like this with a grain of salt. A few years ago they said it would be trucking, blue collar jobs, etc that were most at-risk, but now it’s creative jobs, accounting, HR, etc that are becoming more obsolete due to AI. No one is really safe, but this stuff needs HEAVY regulation, which I’m not seeing
The same companies that people buy from (amazon, Walmart, etc) are supporting ai, talk about irony. They’re also in the politicians pockets
bold of you to assume that politicians know anything even about their phones let alone ai
We are on your own. Learn how to grow food if you have space for it. If you don’t own anything - try to learn how to build/repair things…
World will be a really messy place in next 10 years.
I am trying to change profession right now… but it doesn’t matter because progress is too fast and the knowledge becomes quickly outdated.
Capitalism. The gift that keeps on taking.
Better than communism
@@method341 Both are dead-ends
@@method341a lesser is still evil.
It is rather bad way to judge implications of AI on job market based on what companies say, AI capabilities have grown insanely in just last few months, most companies don't even understand what AI is , let alone have figured out how it will change the way company operates.
Price to pay for not proactively managing the human population. To reach the 1st billion, it took from the beginning of humanity till 1900. So it took nearly 500,000 years or more for the human population to get the 1st billion. Since 1900, we have added another 6 billion and counting. So we added another 6 billion in just 121 years? Considering a finite amount of resources (including air and water) and land, what makes one think there will be no adverse impact of continued population growth?
@@russozelinsky Population growth is only a problem if we fail to evolve away from neoliberal economics and the current framework of resource-distribution. All the changes must happen rapidly and globally with a unified objective and a comprehensive deliberate strategy for planetary management, something that has never existed in human history and where AI will be instrumental.
@@russozelinsky The resources are infinite to those with eyes that see. Go outside at night and look up. Malthusians have never in history come even close to making a single correct prediction.
the growth has been growing way before the crypto boom came
@@Knight766 that would be really going too far because ideas programmed into machines are human, and ideas and their aplication can be flawed or partial, with tendencies, human decision can be based on AI analysis but not dependent of it.
Fossil fuel began replacing muscle power for the Industrial Revolution, which continued with automation. But it happened somewhat slowly, because it required enormous amounts of capital, which had to grow and accumulate over time. And now, AI is now beginning to replace brain power, but it requires very little capital, and will therefore happen at a very accelerated pace. And since capital will play a diminishing role in the economy, there is the question of what will happen to capitalism as an economic system.
@@AstreinW Capitalism left 50 years ago my friend. What we have now is at best a skinsuit of capitalism worn by communists. READ THE COMMUNIST MANIFESTO and then compare it to the changes in US policy that have occurred since 1900.
The game was rigged from the start.
@@AstreinWthat's how I see it happening millions of people will become homeless and be "culled" to many unemployed people hurts capitalism
Capitalism will be king dear. Slaves and masters is capitalism and AI is fantastic for that.
She talked in a lot of generalities with the details left to the audience’s imagination. I believe a lot of people will be left behind. This revolution will benefit the few. As someone who would benefit from it, I am worried about the coming social unrest.
I think some people only see with a limited set of eyes and have a short vision 😊
Imagine millions of people with nothing to do. What could possibly go wrong?
@@ronin10bt Try the possibility of increasing the crime rate dramatically. Stealing, breaking and entering and damaging the property.
A similar thing was said about the 3D printing revolution, the internet revolution, the robotics revolution, etc.
@@rumrunner8019 You don’t understand anything about AI , that’s clear. It’s so hilarious how people keep comparing AI to any invention from the past. AI can do EVERYTHING, AI is not a f&@$*% calculator, AI is not just a printing machine, AI is not just 1 thing, AI can do literally EVERYTHING. AI is not like any other invention and paradigm shift form the past, quit being a dopey mouthbreather and stop comparing AI to past invention, they are not at all the same and will not have the same results.
I old enough to remember 2010, when everyone said 3D printing was going to be the most disruptive technology ever. Even Barak Obama in his State of the Union speech said 3D printing would change everything. Everyone was expecting factory workers to be replaced by 3D printing within ten years. Thirteen years later, and we have a labor shortage in factories.
Self-driving cars that will replace taxi drivers are only ten years away. And they have been ten years away for the last fifteen years.
Back in the 80s I remember the big scare was robots replacing factory workers, and that turned out to be BS (NAFTA did that instead)
AI is the exact same. It can do repetitive tasks, and it can create very sterile, uninspired images, and it can answer questions a bit better than a chat bot. That's it. Fifteen years from now, something new will be the terrifying new technology.
Well, there it is. Some intelligent thought.
True most of these things have been mostly irrelevant so far - but each time a "terrifying new technology" came out it had more impact than what came before that, and thats what keeps people up at night
I bet Chat GPT cost a lot of writers their jobs already. Good companies that care about quality won't fire their writers and compliance people but most companies just look at short term profits
Yes 3D blockhain and others at some point were overhyped. But those are nothing compared to the recent breakthrough in AI, and what it can do already. It has blown away the expectations of the field experts. This is like the invention of print or fire kind of breakthrough. It could even wipe us out if it becomes to advanced and uncontrolled
@@gonsleiva3595 LOL! There was one major breakthrough: they got better transformers to help load the data onto an Deep Learning Machine, and Deep Learning isn't really new. It's been around since the 90s for practical purposes. The only reason Chatgpt and others look kinda sorta impressive now is because big tech had all that data they've been stealing from people and organization for years to feed it.
But guess what? They have nothing left to feed it. ChatGPT literally was fed the entire internet and now the data is essentially run out.
The only reason this is making news is because old systems have been giving a slight upgrade and because Big Tech put money into it because they've run out of ideas.
Consider this: Jeff Bezos, one of the few OG internet execs who survived the dotcom crash, and the man who built Amazon from selling books in a rented garage to one of the largest companies on Earth, is NOT in on big AI models and they instead are going for simpler household robots. If this was real, he would have jumped on it.
The simplest solution to this is the 22 hour work week . Your worth is not your work.
You deserve a life outside work and we CAN do this now!
I wonder if its a good thing. People having so much free time. We humans like to keep busy, but if you cant really afford to do much. What will a person do with so much free time?
@@IrrationalCharm learn to do something purposeful for themselves, like jogging in a park or riding a bycicle.
@@IrrationalCharm I dont even know where to start? The morality of living your life for someone else to profit? The utter lack of community in our modern society cos we dont get to relate? That pretty much every major invention has been made by people with time on their hands? The odd assumption one should be poor?
I have so many questions - do you seriously have NOTHING in your life you would prefer to do than profit someone else? No family, no hobbies, no pets, no friends, no dreams? You wouldnt do better work on something you were personally invested in? Or do you think thats just you?
You recognise we like to keep busy, with access to resources and some time to just exist (rather than spending all our time just trying to get by while a very few collect numbers on a balance sheet they will never be able to use), humans can be so much more. If we dont start talking about it again, dreaming of it, we can never reach it.
Yeah and they gonna pay you smallest amount hourly. You're welcome. In my country it's already in job market vacancies only from scammers who hunt for pray collecting data. Or 13 hours, 2/2 officially but they make you work 5/2 or worse cause no one wants to work there as slave for $300-200 a month or less. You can't love with such payment here. If you think that's price suit it - no. Or scammers who looking for other scammers to "sell" (scam) other people who also doesn't have money. Most of companies set work conditions and exist forever just taking new and new workers who doesn't have choice. Corruption is everywhere and you can't make you own business without huge money and criminals involved. The one who run business treat people as garbage because that's what they are for them. Garbage that could be thrown any time.
@@BeMyArt Almost like the system is the problem and you are too 'mentally inflexible' (to put it politely) to conceive another system is possible.
The companies you asked lied to you, lady. Corporations will always look to reduce overhead, and that means culling jobs for digital automation where possible. And imagine how it is for creative professions.
If AI make majority of people globally jobless, because companies, corporations and conglomerates will significantly reduce the amount of their worker, how will they make more profit if all of those jobless people will not be able to buy their products and services?
Basically, if teams of 10 workers get reduced to 2 workers, across all industries, globally, that means that 80% of people who used to buy companies products and services will not be able to do so anymore, because they will be jobless. So, I don't get how reducing costs by automation makes sense for companies if they lose 80% of their previous market.
excellent interview and very informative answers
Good discussion. Where is the World Economic Forum's report?
I had the privilege to up skill for about 2 years to be competent as a data analyst/ BI analyst. While my spouse was working. Most people don't have that luxury
Is your spouse another man?
@@Boobeinstein nah a super understanding woman from California. But prior to me being jobless while up skilling she was living with me for 2 years while I was working , paying bills, and buying stuff for her to go interview. So now she makes 6 figures and now I do as well. So I think me taking care of her first allowed me the grace to be a bum at home up skilling and waiting until the perfect job came along for me
@@analyticalmindset What a beautiful and supportive relationship. I wish you both all the love and success in the world. Take care ❤.
@@Boobeinstein thank you
@@analyticalmindset Man you're so lucky! 🎉
New jobs will emerge but like how many? The research method shudnt be surveying company leaders but in-depths interviewing technologist/ engineers
Why do we still have human news readers and weather presenters on TV? (at massive salary cost). AI can easily do these.
There always will be because 'human made' will sell
I've already seen computer generated news presenters. Still somewhat creepy though.
And eventually, it will.
@@mycosys True, can’t believe we are heading to this new world.
@@ronin10bt Agreed
Another argument for UBI to be implemented
kuka robotic from Jerman has succeeded in producing robots capable of making textiles.
but the price of this robot is still more expensive than the workforce in Bangladesh.
Bangladesh's textile industry employs 45% of the workforce. and generates 80% of exports for the country. when the price of robots is cheaper than these workers. we will first see a country go out of business.(bankrupt)
"It is difficult to free fools from the chains they revere." Voltaire
Welcome to feudalism. You are "tolerated". Don't drink the water.
@@aceyage Let's make it an opt-out UBI. If you prefer not to have it so that you are more driven and motivated to compete, you can donate it to charity.
So long as you don't keep multiplying so there's not more of you who then have to sponge off the state too, then that's fine.
Prepare as best you can. Governments and employers are irresponsible when it comes to citizen or employee needs. Most of us will be on our own. I lived this by experience. I had to leave my country to find gainful employment and I only will work alone. I have profound reasons for this.
We keep finding this out over and over again that we are always on our own.
👍
I hear you as I have done likewise myself. And coming from a country where these discussions are far, far outside the scope of more pressing issues. Saadia Zahidi is articulate on explaining what can be done, however most of the conversation is bird-eye high level, revolve around what governments can do/doing, but anyone with world experience knows that this applies to developed countries. It will be much less of a problem for those, but the people in the "poorer south" with much higher population will be affected.
Truth.
On point.
"re-training" is BS.
Extreme underestimation. And low-skill work is not what is being threatened by AI.
Since November of 2022 i lost income as illustrator freelancer. After the ai booming and its keep getting better. Getting another job also difficult now
Speaking from personal experience using ai tools heavily since start of 23' and seeing these things being rolled out across a company - this interviewee has no idea the velocity and breadth of the impact.
Right now, just about every single task that involves a person sitting at a computer and pushing buttons on a keyboard - can be automated in part or almost entirely.
The net effect we are seeing is 1 person can do the job of 2 to 3 AT THE LOW END, and at the high end, it's 1 to 6 or 7. There will be a small number of people who learn these tools getting paid MORE than today, while a majority of those not learning and using these tools being obsoleted.
The more scary thing actually is that even the process of using the ai can be offshored.
So a team of 15 local people can today be replaced by a team of 2-3 onshore (who develop and know the systems) and 2-3 offshore (who execute the use of the ai).
Even learning to use the ai isn't enough. You need to learn how to build and deploy the ai and be the one who knows how it works. This is actually easier than it sounds since no coding or dev experience is needed, you just need to sink your teeth into it and do it.
If your job involves sitting at a computer and pressing buttons - the ai can do it. She's right that someone still needs to USE the ai, but that person doesn't need to be onshore.
Protect yourself and your family. Spend 2-3 hours a day learning to use the ai for your job. If you sit at a computer to work and are saying "it can't do my job" - you are sleeping at the wheel.
Since your "in it" I take much stock in what you say. My daughter is graduating from college this year and every day I send her AI tools, research etc and tell her whatever you have learned in 4 years of college it is nothing if you don't embrace AI and become an expert FAST.
Were going to need an entire new economic system here in 5-10 years before jobless hits 20%. What do you think?
@@jcd3869thanks for asking
I can tell you we muse about this at the management level.
We aren't oblivious to the fact that deploying these things canibalizes the people who spend money in the economy
But we have a catch-22.
We see how easy it is to make systems using the AI, so we imagine our competitors have realized the same
If we don't do it, we'll be outclassed by our competition on cost and price.
The other really annoying thing is that thru testing, 19/20 of the "ai tools" we test are basically a user interface slapped onto the base ai everyone can access
I suggest sticking with GPT+, GPT API, and Zapier - and build your own systems into whatever other software you're using
In the short term the goal is to protect yourself - find ways to use the AI systems to make yourself hyper efficient
In the long term I think ai is going to make a lot of white collar work basically valueless, and overall bring down the costs of things due to massively reduced admin
I think far enough out some kind of basic income will be necessary, although I have serious doubts about the efficacy of these systems
Thinking very far out, as a species we're going to be able to do more with less, so it's a good thing we're seeing a trend of population decline.
This thing is going to pull the ladder up on entry level white collar work as we know it today
It's hard to predict how this pans over 10+ years since that would depend on assumptions built on top of assumptions
It's safe to say blue collar work is basically untouchable for a long time with anything involving meticulous use of hands and eyes in a dynamic space - like putting dash boards into cars or doing electrical work
But things like marketing, sales, accounting, finance, software, design, statistics, IT support, education, and the lower levels of engineering, architecture, and medicine are going to be doable in part or mostly by large language models and their next evolutions
I guess as advice, I'd say the floor is lava, just make sure you're running hard in the right direction and try to be among the last ones left if your field of work is closer to the chopping block
It's not bad for jobs to "vanish", automatisation is what we strifed for as a civilization for centuries. What has to change is the "you don't work 9-5, you don't deserve to eat" mentality the turbo-capitalists have pushed to the max. This is the time for a Universal Basic Income to rise and put the freedom back to the people. We could live in post-scarcity if greed is shackled and power untied from money.
Well it's not only 9-5 jobs we are focusing. It's the ability for people to have income for living, and primarily for paying taxes for the govies and all that will be gone when AI takes over. All people will be unemployed and people will have no buying power just even to pay AI based service and product, yet even paying for taxes for the corrupted elites aboves
Let say you are the one that have AI based business and services. What do you expect from it? Do you think you will get money from the unemployed people to buy your products and services? And do you expect AI can pay your taxes to the govies? Impossible as it is.
Well unless AI can abolish governmental systems and could feed and taking care for people without charging prices, then I will take all my words and objections. But you know that ain't gonna happen.
Do you think government will let AI abolish taxes system? LOL. The govies will control the AI fully against people is my best bet. And do you think AI will do charity, giving people free bread, fish and wine for free? I don't think so. Somebody have to or will take charges from it. Especially people like you I bet
Yes this time around there won't be a choice as civil war, mass starvation, riots will occur when jobless>20%. Depression will be worse than the 20's and I am not a doomer..very optimistic human but this trend is for real.
This is misleading and untrue. Firms are interested in increasing shareholder value. Therefore, firms are not going to invest in training; they will simply automate as much as they can. They are already doing this with RPA and soon with generative AI. This will impact all knowledge workers, not just clerical work. I have seen this firsthand at the large firm I worked at. Most companies hire skilled staff typically with 2+ years of work experience, not people who just finished their certificate. The government will do little to nothing in skilling their citizens. They will be sitting in committees mulling over what to do.
Exelent interview, great job!
This will not end well !!!
It will
@@marashdemnika5833 for you only. There will be no jobs.
This sucks especially as an older worker. All I can see is they are trying to make us poor
I don't see the openness in hiring they mentioned for the talent shortage. Companies are still looking to buy talent directly from the market. They don't want to train anyone.
12% decline
10% growth.
Somehow a net positive. No discussion on whether those roles in the 10% growth margin will be viable roles for any of the people in the 12% decline even with reskilling.
You nailed it... Same thoughts for me too
Anybody who tries to claim that the net effect of artificial intelligence will be more jobs is being patently deceptive.
The problem is A.I. alongside advanced robotics. Who needs people when a robot can work 24 hours a day, 7 days a week. No sick days, no maternity leave, no need to pay into your retirement fund. As for skill levels can an A.I. system replace H.R.? Lawyers, architects, etc etc you are looking at a catastrophic impact on the political and social structure of a nation. Education? It is set up to feed workers into the economy. No jobs then what need for an education? Given people will be sitting at home with no jobs and no chance of a job and that holds for future generations
Good point, but A.I is not exactly a golden bullet solution. Advanced A.I. models such as ChatGPT currently cost millions of dollars to train and hundreds of thousands per/day to run. The cost will come down, but only so much. For many businesses replacing their workforce with A.I. would take a deep investment that would take years at minimum to see any return on. Someone has to maintain/service that A.I. system. There will be some downtime for maintenance and upgrades (upgrades that are usually very costly I might add) and you need also redundancy. If a tornado wipes out the state-of-the-art hardware your business A.I. was running on and there's no humans employed how does the company get back to normal operations? Then there's the security aspect. Are companies going to entrust _all_ their operations to an A.I. system that could possibly be hacked/compromised/corrupted? Having that single-point-failure is a large risk businesses will face going to all-A.I. solution.
Won't AI also affect the incoms for these companies? If millions of jobs are lost and people end up on the poverty line, money from customers won't be going back into the system. Profits will be hit too won't they?
Exactly.
welcome to the demise of capitalism
You think they haven’t already thought of this??? There’s something called UBI buddy. There’s many solutions to that problem. You think they are just blindly taking jobs without thinking about people needing to survive and companies going bankrupt from no one being able to pay for things? Don’t be dopey…
That's an interesting fantasy
Correct. It's the tragedy of the commons. Each company knows that they need thriving consumers to exist, yet they will destroy each others consumers as each company thinks selfishly for itself. End of capitalism, it will be the biggest recession of our time. Brace for impact 👍
On the one hand, I can see trillionaires being minted as the cost of labour dramatically decreases and smaller groups of individuals are able to create conglomerates and multinational companies.
But on the other hand, if millions are displaced and lack employment, who will be purchasing the goods and services that these companies produce? Where will governments get the tax revenue to function? How will they prevent social strife, insurrection, and conflict?
Maybe it will be like the dystopian movies where the trillionaires and their families flee the earth and take up residence on luxury space habitats while hordes of autonomous machines police the earth, dig for resources, and enslave the rest of the population.
Immigrants took our uneducated jobs, now AI will take our educated jobs. God help us.
When this lady "touched" reality last time?
great interview, both very professional, clear and uptodate
So with automation... once api chat endpoints can simultaneously accept image and text a lot of things unlock to automate. This could be done via an app in the middle acting as a parser to execute commands.
Otherwise we will have to wait for training ai at specific tasks.
I hate to inform you but any newscasters will be replaced by AI generated ones within the next 5 years. Better start learning other skillsets NOW !!!
you don't have to wait 5 years, I watched a news channel on tv and it has 3 different AI reporters.
@@minyaksayur Yes I know. It is already here with many CZcams channels. My point is the main TV broadcasters will be replaced as well. We will move to personalized AI generated content for news and entertainment. You will be able to SELECT your own AI newscaster from a catalog of 1,000 for example. Not only that but can can interrupt them and have a live conversation with them if you want. The so-called sit and watch real humans do broadcasting will become old-school real fast.
@@senju2024 please read what I wrote. I said TV. In Indonesia where I live, we already have TV AI reporters, it's still new but they already have their own time slot.
I think what the world governments need to do is to allocate a basic salary for all the citizens or households that can be sufficient for surviving a good life , and let the AI do most ( not all ) jobs that people are doing to earn that salary. That is the most ideal way that we can solve all the productivity and surviving problems. And the people will have more room to improve their skills and abilities in areas where they really enjoy rather than have to work to survive. ( People who have those special abilities of course will earn more money accordingly) Another benefit of this for the governments is that it would prevent the anarchy and creates more cooperative citizens)
Universal Basic income is already in draft plans on how to deal with an unemployment rate above 20%. We will need much more than UBI though and as usual goverments won't be proactive and it won't "PASS" in the gridlock of our system until disaster hits(>20% jobless).
If all you do is sit in front of a computer, look at data and type, your job can be replaced with an AI ...looking at you Saadia...
Or you can go and sell shi* they doesn't need to poor people, making them spend money they doesn't have or do physical job for 13 hours 7/7 that gonna kill you much sooner then retirement come. You always have a choice 💁
You may entirely misunderstand the capabilities of machine learning. If youre controlling a machine you're largely obsolete. Most handwork will be replaced too, machines wont be limited to repetitive tasks.
Time for the 22h work week
And as businesses embrace AI, what happens to a population looking for employment when those jobs are taken by AI? Guess they'll all be working at Home Depot, Walmart, McDs, etc. But then again even those places are replacing cashiers with self check-out......
The objective of companies is to generate money, not to reward you for your effort 🤷🏻♂️
I can't imagine anyone having a job 30 years from now. If anything everyone will be self employed with Ai employees.
That depends on whether robots will be capable of performing all of the mechanical tasks that humans do, after "artificial general intelligence" is developed.
Theres still human workforce in factories so I dont see how A.I will replace us. Your boss cant just ask a.i. to make his business sucessfull
This might be the best comment on CZcams about artificial intelligence. I can imagine everyone with their own ai robot that cleans their house but can also handle investments as well or just help run their business. No one wants to live on benefits. Everyone will have to be an entrepreneur in the future. I might be wrong though but one thing is certain, things won't stay the same lol. Nothing ever does.
@@metalguy098 Yeah man, and on top of Ai we'll have quantum computing which means more computing power for people to run Super AI's locally, the level of Ai we have today was only supposed to be possible 50 years from now but here we are. So it's painfully clear that some huge changes are coming and that includes how we do work. The 9 to 5 thing is going to seem so archaic in the near future. But I might be wrong I'm just parroting what what the experts are saying kinda like an Ai.
@@jarblewarble I hear you but alot of people walk into their office and go sit behind a computer.
The closing comment "... we have to make sure (these changes) doesn't lead to bias in the workplace". In the interview youth was mentioned,minorities, women, diversity, inclusion; but no mention of those of middle age and up in the workforce. What about programs to help upskill or relearn for the people that have been working in the labor market for decades. when they used to be reasonable jobs with benefits to earn enough to live reasonably. I truly hope the government programs you are attempting tohelp enact dont exclude the aging workforce who would like the oppertunity to upskill with these forms of assistance being proposed. or is eveyone past their thirties disposable and soon to be forgotten by the new in demand job markets?
Why would we believe any such forecasts when merely a decade ago, our president assured the masses their future would be secure if they "learned to code"? It didn't take long for coders and programmers to become obsolete. Who knows what's next? Nobody. The train has left the station and the conductor is named HAL.
If most jobs will be gone then how will corporations make money💩💩💩🤷🏾♂️🤷🏾♂️ if people won't have money to buy products 🙄
Indeed. But it's not happening yet, so as of now corporations do not think about this issue. However as usual due to the law of large numbers this will be the side-effect of AI adoption on mass scale and once it happens it will be too late to reverse this side effect and this mostly like will be the end of current economic model. Probably followed by very intense social upheaval since yes, we have never seen the scale of mass lay offs that massive deployment of AI might trigger. Another thing nobody seems to be considering is slump of product and services prices due to oversupply resulting from AI-based efficiency of work. So in fact adoption of AI in a company might be a road to a bankrupcy due to AI triggered oversaturation of a market with a supply of its product or services well beyond purchasing power of all its clients.
They gonna pretend that they still need workers and turn them into slaves who work endlessly for small payment. Others gonna die because population is too big already. I think that's what Bill Gates conspiracy was about. 1% doesn't need so much people. If they can produce everything needed for live without single person. I wrote a blog post about it.
@@agatastaniak7459 they will strictly control production via policy. Forget deflation, It won’t be allowed no matter how efficient AI becomes.
Some think part of the plan includes a population reduction, so it doesn't matter there is less "stuff" to buy. When places like Skid Row and Kennsington are allowed to exist, where people basically go to die as addicts, its easy to see how this idea holds merit.
UBI
I feel like this lady’s job can be replaced by AI.
Bla bla bla.... the truth is that nobody knows the real extend of the impact. I have been in the corporate world for +25 years and "re-skilling" work force is a very rare possibility. 7:21
I think some things should have never been invented like gunpowder, nuclear weapons and AI.
Women, women, women.. why everything must revolve around women.. we are humans too !!!
Fantastic interview DW, great many diverse questions and answers.
Yeah, I liked it a lot too -- informative and balanced
Yes unfortunately my worries too
They sooner replace AI for movie, broadcasters,... AI take our jobs
I suggest, if they want to replace, I refuse to watch AI movies, AI television shows , or use their products ..
why we have to support their business if they don’t support ours
I don't understand why people see AI to be a threat. I think people should embrace AI rather than seeing it to be a threat.
cause capitalism and greed, why pay for a worker when robot can do the same job 3x faster with higher quality?
Reporters are in great danger to be obsolete
Dunno man, a good investigative reporter enabled by a good large language model will be able to do a lot more than either alone. And the machines will still need ways to gather info with social context.
Not just reporters, everybody.
Very good !
I felt this was a weak journalistic effort. Simply saying that teachers should have pay increases is easy to say. Getting Tax increases to pay for that would be difficult. Also the metal health impact of people loosing jobs... did you mention that ?
"More diversity"
"Let's hire more AI!"
Ai is going to destroy humanity
AI starts replacing peoples jobs.
The government: "This is natural progression"
AI starts replacing government jobs.
The government: "This is a problem we need to address"
We need to contact the White House for regulation on AI! AI especially combine with robots can replace so many people!
The comment section is not real.
Yes Comments sections overtaken by AI ‘positive comment bots’. I presume the content maker pays for this service.
I can all ready see a rise of people offing themselves due to having to study so hard to then say Ai took over those jobs, This will be the great lost period
I thought the point of automation was to get rid of labour so humans can pursue uniquely human creative interests? instead it's going right for art/entertainment. That seems backwards.
12:00 in my opinion using AI even automation industries like building physically things will be greatly optimized in near future.
I think she's got completely wrong AI is coming for her job and a lot more educated professional people's job's.
Thank you for the relevant info about AI Ms. Zahidi. Intelligent and beautiful at the same time.
I’m good. I have my beans, rice, potted meat and toilet paper. Get you 15 year supply before you’re forced to take that mark.
Hey corporate world, your next trick turn ai into a consumer. The corporate mentality will eventually create a world where only one person can afford to shop at Tiffany's.
Wages are going to down. More competition with the unemployed. In terms of economic pillars - physical capital (land, building etc), man power and financial capital, the last one is going to the real winner.
We need sosialisme
@@carkawalakhatulistiwa - we need more conscious mixed economy. Managed by government. Not total free market. Free market with guardrails and checks and balances. Socialism and capitalism in pure forms eventually cause problems.
THEY TOOOK OUR JOOBS!!
Thank you.
I hope so
AI cant climb roofs installing solar panels 😂
That type of job will be safe.
This girl is way too optimistic or totally disconnected from reality. We’re being disrupted and bigtechs wants to halt the state of innovation to keep the status quo
If AI make majority of people globally jobless, because companies, corporations and conglomerates will significantly reduce the amount of their worker, how will they make more profit if all of those jobless people will not be able to buy their products and services?
Basically, if teams of 10 workers get reduced to 2 workers, across all industries, globally, that means that 80% of people who used to buy companies products and services will not be able to do so anymore, because they will be jobless. So, I don't get how reducing costs by automation makes sense for companies if they lose 80% of their previous market.
Great strategy
She is wrong, education will decline, and agriculture will be automated.