AI Could Lead to Mass Joblessness Within the Next 5 Years | Entrepreneur
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AI Could Lead to Mass Joblessness Within the Next 5 Years | Entrepreneur
""You have free labor, physical and cognitive, trillions of dollars of it," Yampolskiy said. "It makes no sense to hire humans for most jobs if I can just get a $20 subscription or a free model to do what an employee does.""
""So we're looking at a world where we have levels of unemployment we've never seen before," Yampolskiy said on the podcast. "Not talking about 10% unemployment, which is scary, but 99%.""
""The only jobs left will be those that humans prefer another human to do for them, Yampolskiy said. AI will "very quickly" gain the capacity to take over other human occupations, including teachers, analysts, and accountants, he predicted.""
Artificial general intelligence systems as capable as humans could be developed by 2027, triggering widespread automation. AI could render up to 99% of workers unemployed by 2030. AI will provide trillions of dollars of free physical and cognitive labor, making paid human employees uneconomical compared with inexpensive subscriptions or free models. Computer-based jobs would be immediately automated and humanoid robots could assume physical labor within five years. Only roles that humans prefer other humans to perform would remain, with teachers, analysts, and accountants cited as occupations AI could quickly supplant.
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