Governments need to think now about how to support the jobs lost. Is universal basic income a solution?
The rise of artificial intelligence is a major threat to white-collar workers and will create a "serious number of losers" in the coming decade, the co-founder of DeepMind, Mustafa Suleyman, has warned. Suleyman was with DeepMind, the company that Google acquired to advance AI, until last year.
After the glorious reception to conversational chatbot ChatGPT, businesses across the board have been eager to embrace AI into their processes. With promises to increase productivity, AI could impactin the U.S. and European Union, a Goldman Sachs report said in March this year. Suleyman, however, painted a bleaker picture and said that a large number of people would be "very unhappy, very agitated" with the job losses that will come in as a result of AI deployment.The capabilities of AI, such as writing, paraphrasing, or even writing code, have far-reaching effects on jobs on offer today. In the early stages, the technology could serve as an aid to workers, but as it gets better, it will be used to replace humans.
DeepMind, the company Suleyman co-founded was acquired by Google in 2014, has been working on developing its own language models like LaMDA and PaLM. According to Suleyman, Google was way ahead of ChatGPT and will dominate the fight to develop AI tools. Suleyman, himself left DeepMind last year to start his own chatbot company, Inflection AI, which launched its chatbot Pi last week,
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