Ex-Google executive Mo Gawdat told the “Silicon Valley Girl” podcast how AI programs are now building AI programs, which will ultimately result in massive job losses:
We are already building AIs that are building AIs. We are building AIs that are discovering scientific discoveries that will blow you away. They are reinventing mass.
They are understanding biology in ways that we have never seen before, understanding material science in ways that are just mind-blowing. Most innovation, tech innovation will be done at the hands of AI…
Most tasks requiring intelligence will be handed over to the machines… eventually every job that AI does better than humans will be handed over to AI… Innovation is going to take away all jobs. Of course the capitalists of Silicon Valley will tell you, “This is great!”
… The truth is people will be out of jobs, 20, 30 percent of certain sectors will see unemployment of that rate in the next few years. When that happens economics at large will change massively.
(Source: Silicon Valley Girl)