Top AI Researcher Reveals The Scary Future Of Employment
Summary
TLDRThe video presented by Avital Balwit focuses on the transformative impact of AI on future employment. As Chief of Staff at Anthropic, Balwit shares insights into how technological advancements, especially AI, could disrupt the traditional workforce and end many jobs we know today. The discussion suggests that while manual and highly regulated jobs may face slower automation, online and knowledge-based roles are more vulnerable. With this rapid change, thereβs a critical need for individuals to adapt by acquiring new skills and considering proactive measures like Universal Basic Income. The psychological effects of unemployment highlight the importance of finding value beyond economic contributions. Balwit underscores the urgency to prepare and adapt as AI continues to evolve, posing both challenges and opportunities for society and the future economy.
Takeaways
- π€ AI is rapidly changing the landscape of employment.
- πΌ Many traditional jobs may become obsolete due to AI.
- π Unemployment might increase leading to social and psychological impacts.
- π¨βπ« Regulated industries like medicine and law may remain secure for longer.
- π Manual and physical jobs are less susceptible to immediate automation.
- π§ Finding purpose beyond work is crucial for future happiness.
- π Universal Basic Income could become vital in securing basic needs.
- π Online jobs and remote work are first in line for AI disruption.
- π There's a need to understand AI developments to prepare effectively.
- π‘ Skills adaptation and lifelong learning are key to staying relevant.
Timeline
- 00:00:00 - 00:05:00
This video emphasizes the significance of insights from Avital Balwit, chief of staff at Anthropic, about the future of employment, particularly under the influence of AI and AGI. It underscores the potentially transformative impact of AI on employment, urging viewers to prepare for this shift by understanding and investing in AI-related fields to stay ahead in a rapidly changing economic landscape.
- 00:05:00 - 00:10:00
Avital Balwit, reflecting on her career at Anthropic, shares her perspective on technological advancements and their potential to end traditional employment. Her statement that AI developments might soon obviate her need to work provokes a deeper discussion on the implications of AI advances such as language models for the job market, highlighting growing automation and the diminishing role of human labor.
- 00:10:00 - 00:15:00
The video continues by exploring the general denial among knowledge workers about AI's ability to replace human tasks. It discusses AI's automation capabilities, emphasizing the progressive obsolescence of certain skill sets like freelance writing due to AI improvements. The narrative challenges the common underestimation of AI impact, urging a shift in perception to adapt to inevitable economic changes.
- 00:15:00 - 00:20:00
It addresses the broader societal implications of AI's ability to perform nearly all economically useful tasks, foreseeing significant automation of online and remote work industries. It lists sectors like copywriting and customer service as key areas facing automation. The importance of understanding AI's potential to replace average human performance in tasks is emphasized, projecting further shifts in labor dynamics.
- 00:20:00 - 00:25:00
The discussion moves to exploring how societies will manage employment obsolescence and individual happiness without work, given AI's growing role. It touches on universal basic income as a possible solution to meet material needs and discusses the psychological impact of unemployment, stressing the importance of finding fulfillment beyond traditional labor roles in a future dominated by AI.
- 00:25:00 - 00:32:04
Finally, the video covers the potential positive roles of AI in society and how individuals can prepare for a post-AGI world. It highlights the need for humans to find joy in activities beyond economic necessity and addresses concerns over unemployment due to AI advancements. The narrative offers strategies for economic and personal adaptation, emphasizing proactive approaches to remain valuable in the approaching AI-driven era.
Mind Map
Video Q&A
Who is Avital Balwit?
Avital Balwit is the Chief of Staff at Anthropic, a leading AI lab.
What does Avital Balwit predict about the future of work?
She predicts that AI will significantly impact employment, potentially leading to the end of traditional work as AI automates many tasks.
Why should we be concerned about AI advancements?
AI advancements might lead to a future where many jobs are automated, creating challenges in employment and the need for new skills.
Which industries might be first affected by AI automation?
Online and remote work industries, such as copywriting, tax preparation, and customer services, might be heavily automated first.
How might AI affect manual labor jobs compared to desk jobs?
Manual labor jobs might take longer to be affected by AI due to the complexity of automating physical, hands-on tasks.
What industries are considered safer from AI automation?
Regulated industries, such as medicine and law, are likely safer due to strict regulatory requirements and the human touch required.
How does unemployment affect people psychologically according to the video?
Unemployment can lead to poorer health and increased stress, but shared experiences like a mass layoff might reduce individual distress.
What does the video say about societal needs beyond employment?
Even with material abundance, people have an inherent need to contribute to society and find purpose beyond work.
What is the significance of Universal Basic Income (UBI) discussed in the video?
UBI is considered as a potential solution to meet basic financial needs in a future with fewer employment opportunities.
What is a critical takeaway about preparing for the future of work?
It's advisable to invest in skills and career paths less likely to be automated and stay informed about AI developments.
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- 00:00:00so this video is rather important
- 00:00:01because it discusses the future of
- 00:00:03employment and it's not just a random
- 00:00:05person this is from avatal balwit and
- 00:00:08this is someone who actually works at
- 00:00:09the frontier lab and thropic and her
- 00:00:12insights into how the future of work and
- 00:00:15employment is going to change are very
- 00:00:17important for individuals like yourself
- 00:00:19and of course me so I'm going to do a
- 00:00:20deep dive on this entire thing because I
- 00:00:22truly believe that this is really
- 00:00:24important that you can stay ahead of the
- 00:00:25future now if you enjoy videos that are
- 00:00:27specifically focusing on how you can use
- 00:00:29AI to better your life and of course
- 00:00:31preparing for AGI such as how to invest
- 00:00:33in Ai and benefit from the trillions of
- 00:00:35dollars that are flowing into that
- 00:00:36industry don't forget to check out my
- 00:00:38post AGI preparedness group this is
- 00:00:39where videos like this actually get
- 00:00:41uploaded a few days earlier but without
- 00:00:43wasting any more time let's get straight
- 00:00:44back to the video because it's really
- 00:00:45important so essentially this is a post
- 00:00:48about my last 5 years of work now if you
- 00:00:51aren't understanding the significance of
- 00:00:53this trust me at least watch the first
- 00:00:5510 minutes because it's truly truly
- 00:00:57incredible so essentially what we have
- 00:01:00here ladies and gentlemen is a post by
- 00:01:01Avital balwit and this is anthropics
- 00:01:04Chief of Staff okay and this is kind of
- 00:01:07like a personal reflection SL diary on
- 00:01:10how the next few years of you know the
- 00:01:12economy are going to go for the average
- 00:01:14person in regards to work and where they
- 00:01:16fit into the economy and how things are
- 00:01:19going to be working now the reason I'm
- 00:01:21covering this is because I think this is
- 00:01:24probably one of the most remarkable
- 00:01:26insights that we are lucky to have to
- 00:01:28get because a lot of these you know
- 00:01:30people at Frontier labs they truly don't
- 00:01:33talk about how the future of work is
- 00:01:34going to be so it is something that I
- 00:01:36think is very very important for us to
- 00:01:38discuss because this is something that
- 00:01:41is truly truly pivotal especially for
- 00:01:44this Monumental period of time so there
- 00:01:46are four main things I'm going to Tim
- 00:01:47stamp them in the below but just take a
- 00:01:49look at this so she says I am 25 okay
- 00:01:53and the these next three years might be
- 00:01:55the last few years that I work okay
- 00:01:57remember this is anthropics chief of
- 00:01:59staff and she says that the next 3 years
- 00:02:01might be the last few years that I
- 00:02:03actually work which is number one an
- 00:02:05incredible statement but number two it
- 00:02:08should show you the gravity of what we
- 00:02:10are truly dealing with here it says I am
- 00:02:12not ill nor am I becoming a stay-at-home
- 00:02:14mom nor have I been so financially
- 00:02:16fortunate to be on the brink of
- 00:02:17voluntary retirement I stand at the age
- 00:02:20of a technological development that
- 00:02:22seems likely should it arrive to end
- 00:02:25employment as I know it so this is not
- 00:02:28some kind of clickbait title where I'm
- 00:02:30trying to draw you in this is the exact
- 00:02:32words from this person who is working
- 00:02:35actively at anthropic now anthropic is
- 00:02:37one of the leading air Labs that made
- 00:02:40Claude 3 which is of course Claude Opus
- 00:02:42which is one of the frontier models that
- 00:02:44is performing very effectively now what
- 00:02:47we can see here is something absolutely
- 00:02:49incredible we can see them stating
- 00:02:51clearly that if it does arrive okay you
- 00:02:54know where whe we're standing at the
- 00:02:55edge of this which seems likely that
- 00:02:58it's going to end employment so so you
- 00:03:00know how a lot of the time okay
- 00:03:02individuals in certain communities they
- 00:03:04may discuss labor and work as something
- 00:03:07that of course is you know going to be
- 00:03:09there for many individuals like you and
- 00:03:11myself but the prevailing trend from
- 00:03:13many of the industry leaders that I
- 00:03:15continue to see is the fact that there
- 00:03:18won't be any true work after a certain
- 00:03:20period of time due to the fact that we
- 00:03:22have a situation on our hands where the
- 00:03:25technological developments that are
- 00:03:27coming are most likely to end this
- 00:03:29Paradigm hence the reason post AGI
- 00:03:32preparedness so that you can navigate
- 00:03:33this now basically she then States I
- 00:03:36work at a frontier AI company with every
- 00:03:38iteration of our model I am confronted
- 00:03:41with something more capable and more
- 00:03:43General than before that's just
- 00:03:45absolutely crazy with every iteration of
- 00:03:47our model I'm confronted with something
- 00:03:50more capable and more General before at
- 00:03:52this stage it can completely generate
- 00:03:54content on a wide range of topics it can
- 00:03:56summarize and analyze text possibly well
- 00:03:59and as someone who once made money at
- 00:04:02one point in time as a freelance writer
- 00:04:04and prided myself on my ability to write
- 00:04:06large amounts of content quickly a skill
- 00:04:08which like cutting blocks of ice from a
- 00:04:10frozen ponds is arguably obsolete I find
- 00:04:14it hard to not notice these advances
- 00:04:16okay remember that one I find it hard to
- 00:04:18not notice these advances freelance
- 00:04:21writing was always an oversubscribed
- 00:04:23skill set and the introduction of
- 00:04:25language models has further intensified
- 00:04:27the competition now remember the whole
- 00:04:29point of the these videos is to ensure
- 00:04:31that you are paying attention because a
- 00:04:33lot of people just say ah you know we'll
- 00:04:35find new jobs we'll be fine y y y y and
- 00:04:37I think that's very very ignorant
- 00:04:39because it's quite hard to ignore the
- 00:04:42kind of developments that are going and
- 00:04:44eventually they will be you know
- 00:04:46impacting nearly every industry on the
- 00:04:48planet so it says the general re
- 00:04:50reaction okay and this is where you know
- 00:04:52this is exactly what I say the general
- 00:04:54reaction to language models among
- 00:04:55knowledge workers is one of denial okay
- 00:04:58one of denal
- 00:05:00okay and this is why I'm making this
- 00:05:01video because I want you all to
- 00:05:03understand that whilst yes in previous
- 00:05:06technological revolutions like when we
- 00:05:08had the industrial revolution of the
- 00:05:10farming industry and many people were
- 00:05:13thinking oh no all of these computers
- 00:05:15are going to take our jobs and all of us
- 00:05:17that work in the farm industry come the
- 00:05:19problem is is that we're of course going
- 00:05:21to be having a situation where no longer
- 00:05:23are we going to be needed in the farming
- 00:05:25industry so we might lose our place in
- 00:05:28society but of course in that stage we
- 00:05:30did have a lot more things to do but the
- 00:05:32reason that this time is different okay
- 00:05:35and you shouldn't be in denial okay
- 00:05:37especially among knowledge workers is
- 00:05:39that AI is the automation of automation
- 00:05:42so it's a feedback loop because AI is
- 00:05:44something that can automate itself which
- 00:05:46is different than previous generations
- 00:05:50remember that this time is different so
- 00:05:52it says they grasp at the ever
- 00:05:53diminishing number of places where such
- 00:05:55models still struggle rather than
- 00:05:57noticing the ever growing range of tasks
- 00:06:00where they still have reached or pass
- 00:06:02human level this is something that I
- 00:06:04truly truly think people need to
- 00:06:06understand it's about how you view the
- 00:06:08AI problem okay many people literally
- 00:06:11just focus on the fact that llms you
- 00:06:13know hallucinate once or twice or in
- 00:06:15generative AI images sometimes they make
- 00:06:17mistakes but you kind of look at things
- 00:06:19and you're like wait overall okay like
- 00:06:21if we take the entire pie of AI into
- 00:06:24account overall there's like a small
- 00:06:26subsection that with every iteration is
- 00:06:28growing and growing and growing and
- 00:06:30growing whereas like most people are
- 00:06:32like oh no it can't do this small bit oh
- 00:06:33it can still not do this small bit oh it
- 00:06:35can still not do this small bit and
- 00:06:36eventually what's going to happen is
- 00:06:38that it's all going to be able to be
- 00:06:39done by AI which means that like if
- 00:06:41you're at this stage right now where you
- 00:06:43can see that okay AI is slowly starting
- 00:06:46to surpass human cognitive capabilities
- 00:06:48it's best at this point to be like okay
- 00:06:51I'm going to you know pay attention here
- 00:06:53and at least position myself rather than
- 00:06:54being as she states in a place of denial
- 00:06:58so you know she says many will point out
- 00:07:00that AI systems are not yet writing
- 00:07:02award-winning books let alone patenting
- 00:07:05inventions but and this is the most
- 00:07:07important thing most of us also don't do
- 00:07:10these things okay and this is what I'm
- 00:07:11stating that a lot of times people like
- 00:07:13oh AI can't write you know an entire
- 00:07:15novel from scratch and AI can't you know
- 00:07:17paint this and it can't make this poster
- 00:07:19you know uh coherently with the text in
- 00:07:215 seconds like I could but you couldn't
- 00:07:23do that most people couldn't do that AI
- 00:07:25is able to do a lot more than the
- 00:07:27average person which is the point okay
- 00:07:29most people don't do these things and
- 00:07:31this is something that most people are
- 00:07:33failing to acknowledge okay the
- 00:07:36economically and politically relevant
- 00:07:38comparison on most TOS is not whether
- 00:07:40the language model is better than the
- 00:07:42best human it's whether they are better
- 00:07:44than the human that would otherwise do
- 00:07:47the task and this is the most important
- 00:07:49distinction I'm going to say it again
- 00:07:51the economically and politically
- 00:07:53relevant comparison on most tasks is not
- 00:07:56whether the language model is better
- 00:07:58than the best human it's whether they
- 00:08:00are better than the human that would
- 00:08:02otherwise do the tasks basically this
- 00:08:05question is the best question okay
- 00:08:07because it shows you at what point
- 00:08:09things get automated and this is what
- 00:08:11I've spoken about before imagine this
- 00:08:13for example right you have someone who
- 00:08:15works in a store okay let's say that
- 00:08:17person previously they did you know
- 00:08:19checkout at a grocery store okay right
- 00:08:21now we have ai self checkouts or
- 00:08:23whatever we've got all these kind of
- 00:08:24crazy things going on of course the self
- 00:08:26checkout is just a piece of technology
- 00:08:28but the point is guys is that is it
- 00:08:31sufficient to have an AI system be
- 00:08:34better than the average person that
- 00:08:36would do the task in any scenario where
- 00:08:38that is true you are going to get
- 00:08:40automation of that labor it doesn't need
- 00:08:42to be better than the best person it
- 00:08:45just needs to be better than the average
- 00:08:46task that it would take and that is the
- 00:08:48important distinction because a lot of
- 00:08:50people think oh this thing can't create
- 00:08:52Hollywood blockbuster movies it's not
- 00:08:53going to you know affect the movie
- 00:08:55industry but it will affect other
- 00:08:57Industries like the film industry the
- 00:08:59photography industry all of these other
- 00:09:01ones especially when you know we look at
- 00:09:03Future models how much smarter they
- 00:09:05going to be just because they're not
- 00:09:07going to be as smart as Einstein it
- 00:09:09doesn't mean they're going to be smarter
- 00:09:10not smarter than the average researcher
- 00:09:13which is of course very fascinating and
- 00:09:15then it says this makes the objection
- 00:09:17that AI systems are not yet coding long
- 00:09:19sequences are doing more than fairly
- 00:09:21basic math on their own a more relevant
- 00:09:23one but these systems will continue to
- 00:09:26improve at all cognitive tasks okay and
- 00:09:29that's an important distinction because
- 00:09:31a lot of the cognitive labor you know
- 00:09:33it's kind of going away from the trends
- 00:09:35that we can see okay the shared goal of
- 00:09:37the field of artificial intelligence is
- 00:09:39to create a system that can do anything
- 00:09:42and she says here that I expect us to to
- 00:09:44soon reach it and if I'm right how
- 00:09:47should we think about the coming
- 00:09:48adolescence of work so now here's where
- 00:09:51we talk about the future of society so
- 00:09:52she says that it's not worth noting that
- 00:09:54upfront that even today work is far from
- 00:09:56the only way to participate in society
- 00:09:59but nevertheless it has proven to be the
- 00:10:01best way to transfer wealth and
- 00:10:02resources it provides personal Goods
- 00:10:04like social connection status and
- 00:10:06meaning and of course it offers social
- 00:10:08goods like political stability and
- 00:10:10here's where we get into the crazy
- 00:10:11things given this should we meet the
- 00:10:13possibility of its loss with sadness
- 00:10:15fear and Joy or hope the overall
- 00:10:17economic effects of AGI are difficult to
- 00:10:20forecast and here I will focus on the
- 00:10:22question of how people will feel without
- 00:10:25work whether they will or can be happy
- 00:10:27and there are obviously other vital
- 00:10:29questions like how will people be able
- 00:10:32to meet their material needs many have
- 00:10:34examined this question and this is the
- 00:10:36important part here okay and this is why
- 00:10:37I launched a community and why we're
- 00:10:39working on all these things many have
- 00:10:41examined this question okay with no
- 00:10:44final answer yet as adopted by official
- 00:10:46policy for this contingency by any
- 00:10:49government so there is not a single
- 00:10:50government that is currently looking at
- 00:10:52this problem and thinking okay this is
- 00:10:54going to be an issue in a few years how
- 00:10:55are we going to tackle this and I think
- 00:10:57that that is important because many
- 00:10:59people think that okay the government is
- 00:11:01going to be there to take care of me but
- 00:11:03I would say that the government aren't
- 00:11:05really babysitters they just kind of
- 00:11:06look over you every now and again to see
- 00:11:08if you're doing all right and if you're
- 00:11:09not about to die the government doesn't
- 00:11:11really care about you that much of
- 00:11:13course depending on where you live this
- 00:11:15is something that can be argued of
- 00:11:17course but I do think that this is for
- 00:11:19the majority of societies and the
- 00:11:21majority of things it is very very true
- 00:11:23and of course you can see I will go
- 00:11:25ahead and assume that people can meet
- 00:11:27their needs through Universal basic
- 00:11:28income or other transfers and will
- 00:11:30solely concentrate on the question of
- 00:11:32whether people can and will be happy or
- 00:11:34at least as happy as they are now
- 00:11:35without work so here's where we talk
- 00:11:37about the obsolescence of knowledge work
- 00:11:40so you can see I expect AI to get much
- 00:11:43better than it is today and research on
- 00:11:44AI systems has shown that they
- 00:11:46predictably improve given better
- 00:11:48algorithms more and better quality data
- 00:11:51and of course more computational power
- 00:11:53labs are in the process of further
- 00:11:55scaling up their clusters the groupings
- 00:11:57of computers that the algorithms run on
- 00:11:59and machine learning is a young field
- 00:12:01with an enormous amount of lwh hanging
- 00:12:03fuit in terms of discoveries I meant to
- 00:12:05say fruit there um and this means that
- 00:12:07you know researchers can continuously
- 00:12:08find improvements on the algorithms of
- 00:12:10these AI systems so the point here and I
- 00:12:12think this is one that you know it kind
- 00:12:14of goes back to what Leopold Ashen
- 00:12:15brener said is that when we take a look
- 00:12:18okay at the fact that there is a lot of
- 00:12:19lwh hanging fruit this kind of shifts
- 00:12:22our opinion it's not a field that is you
- 00:12:24know mature to the point where you know
- 00:12:26we are you know at the edge of
- 00:12:28everything that we know or at least what
- 00:12:29we think we know and it's very unlikely
- 00:12:31we're going to get a breakthrough for
- 00:12:32another 20 to 50 years like in some
- 00:12:35Fields this is a field that you know
- 00:12:37when we look at you know the fact that
- 00:12:39if we know that we scale up another 10
- 00:12:41times we're about to get a whole lot lot
- 00:12:43more we know that if we improve the data
- 00:12:46quality and the amount of data we're
- 00:12:47about to get a whole lot more
- 00:12:48improvements we also know that there's a
- 00:12:50lot of inefficient algorithms that we do
- 00:12:52use and we know that there are literally
- 00:12:55a million different ways to improve
- 00:12:57these models in terms of the algorithm
- 00:12:59efficiencies in terms of how they
- 00:13:00respond so the point here is that there
- 00:13:03is a lot of low hanging fruit in this
- 00:13:05industry and we're only at the frontier
- 00:13:08of what these models are going to be
- 00:13:09capable of since we haven't like
- 00:13:11exhausted all of those things if we had
- 00:13:13like exhausted the compute capabilities
- 00:13:16uh all the algorithmic discoveries and
- 00:13:18we were like at the wits end and these
- 00:13:19are the kind of systems that we had then
- 00:13:22maybe potentially it could be argued
- 00:13:25that we were near the end in terms of
- 00:13:26the growth especially in terms of the
- 00:13:28Curve maybe the growth would you know
- 00:13:30start to slow off like that so that is
- 00:13:32why I think this is really important
- 00:13:34because there is a lot of lwh hanging
- 00:13:36through that could truly give us a lot
- 00:13:39more exponential gains and you can see
- 00:13:41while there is an enormous amount of
- 00:13:43data that has already been fed through
- 00:13:45them there is still more to be found and
- 00:13:47it can also be generated by the systems
- 00:13:49themselves so given the scaling laws we
- 00:13:52can reasonably foresee that these
- 00:13:54systems will keep getting better at
- 00:13:56least until these inputs run out so what
- 00:13:59rate will they get better language
- 00:14:01models are not for the most part
- 00:14:02continuously improving they get better
- 00:14:05in discontinuous jumps a rough analogy
- 00:14:08to the current llm process is that
- 00:14:10making a new model is like baking a cake
- 00:14:12you figure out your data and algorithms
- 00:14:14like mixing the batter then you
- 00:14:16pre-train the model that is to run it on
- 00:14:18a large number of computers for several
- 00:14:20months like put it in the oven then you
- 00:14:22do some posttraining like frosting and
- 00:14:24decorating the cake and of course this
- 00:14:25can adjust the model in certain
- 00:14:27different ways to make it more hard less
- 00:14:29honest or to make it good at certain
- 00:14:31specific skills or use cases but what
- 00:14:34matters to most of us for the model's
- 00:14:36capabilities at least right now of
- 00:14:38course is the underlying cake and this
- 00:14:40can't be easily adjusted without
- 00:14:41starting over and baking something
- 00:14:43entirely new so when it comes to the
- 00:14:45rate of progress when these models seem
- 00:14:47to Plateau you should actually assume
- 00:14:49that that just just means that the next
- 00:14:51model is in the oven but just hasn't
- 00:14:53come out yet and basically what they're
- 00:14:55stating is that whil yes you know some
- 00:14:57people do talk about how their
- 00:14:59is this iterative deployment at open aai
- 00:15:02from what we can see growth in llms is
- 00:15:04kind of like this we hit a staircase we
- 00:15:06hit a staircase and we hit a staircase
- 00:15:08because essentially what you have is you
- 00:15:09have let's say for example you have gbt
- 00:15:115 which brings us to this level then we
- 00:15:12got gbt 4 then we get gbt 5 okay and the
- 00:15:15reason it's kind of like that is because
- 00:15:17like they said you have this middle bit
- 00:15:19here where the model is being you know
- 00:15:21trained whatever or you know mixed or
- 00:15:23whatever you call it whatever and then
- 00:15:24of course at the end you've got the
- 00:15:25posttraining and then of course here
- 00:15:27you've got the pre-training so this this
- 00:15:29is essentially where you know you're
- 00:15:30training the model for this entire
- 00:15:32period of time so what's interesting is
- 00:15:33that this period of time where you train
- 00:15:35the model this entire period of time do
- 00:15:37apologize for the colors there but
- 00:15:38training the model and then of course
- 00:15:40the model gets released after the
- 00:15:41posttraining and then that's when we get
- 00:15:43those new jumps which is why it's very
- 00:15:45hard to say that right now you know
- 00:15:47things are plateauing because these
- 00:15:48models do take several months in most
- 00:15:51cases to train especially because the
- 00:15:53Clusters can't support that much uh you
- 00:15:56know work going on at the moment so here
- 00:15:58we can see many expect AI to eventually
- 00:16:00be able to do every economically useful
- 00:16:03task which is a truly insane statement
- 00:16:05so many expect AI to do every
- 00:16:07economically useful task which is
- 00:16:09absolutely crazy and remember she agrees
- 00:16:11now this is anthropics Chief of Staff
- 00:16:13here and it says given the current
- 00:16:16trajectory of technology I expect AI to
- 00:16:18First excel at any kind of online work
- 00:16:21essentially anything that a remote
- 00:16:22worker can do AI will do better
- 00:16:25copywriting tax preparation customer
- 00:16:27services and many other tasks are or
- 00:16:31will soon be heavily automated I can see
- 00:16:33the beginnings in areas like software
- 00:16:36development and contract law generally
- 00:16:39tasks that involved reading analyzing
- 00:16:41and synthesizing information and then
- 00:16:43generating content based on it it seems
- 00:16:45ripe for replacement by language models
- 00:16:48so basically right here this gives you a
- 00:16:50first insight into some of the careers
- 00:16:52that are under not scrutiny but under
- 00:16:54the microscope in terms of where things
- 00:16:57are going to be truly automated you
- 00:16:59might want to note this down I will have
- 00:17:01of course all the notes on in my school
- 00:17:03community so that you guys can easily
- 00:17:04read this and digest the information and
- 00:17:06an easy to use mattera but guys this is
- 00:17:10some key key statements that people are
- 00:17:12not paying attention to because the main
- 00:17:14thing here is that anything on a
- 00:17:15computer anything remote anything online
- 00:17:18those things you have to think now about
- 00:17:20okay if I'm a remote worker if I'm
- 00:17:22someone that's enjoying my life
- 00:17:23traveling around the world or that's
- 00:17:24what I want to do I need to think about
- 00:17:26these industries here and how I can
- 00:17:29position myself okay to not be automated
- 00:17:31away or to not at least be less
- 00:17:34economically valuable than an AI system
- 00:17:37sure you might be 10% better than an AI
- 00:17:39system but you have to remember that
- 00:17:41it's much easier for a company to
- 00:17:43replace your high salary with an AI
- 00:17:45system that costs much less and I do
- 00:17:48think in the future what we will see is
- 00:17:51AI systems that are truly truly
- 00:17:53effective and of course that can run for
- 00:17:5524 hours remember you're just a human
- 00:17:58you can't run for 24 hours like these AI
- 00:18:00systems can and with all the AI agents
- 00:18:02being built on the back end trust me
- 00:18:04guys things are truly right for
- 00:18:06disruption so you need to think okay how
- 00:18:08can I do this okay and how can I manage
- 00:18:11myself better in order to at least not
- 00:18:13be in that place where I'm less
- 00:18:15economically valuable than this thing
- 00:18:17and here's where we have some more stuff
- 00:18:19so here's where we get to the
- 00:18:20obsolescence part and this is where we
- 00:18:22actually start to look at certain
- 00:18:23industries and how things are going to
- 00:18:26be changing so essentially what she told
- 00:18:28about here is that you know this is not
- 00:18:30going to come for every industry at the
- 00:18:32same Pace it's not like one day
- 00:18:34everyone's working and the next day
- 00:18:36everyone's not we're going to have a
- 00:18:37situation on our hands where this area
- 00:18:39is now affected this area is now
- 00:18:41affected this area is now affected and
- 00:18:43it's going to definitely be proportional
- 00:18:45to AI system releases for example when
- 00:18:47GPT 5 does release I do expect a wider
- 00:18:50range of jobs to be not completely
- 00:18:52automated but very nearly on that
- 00:18:55Chopping Block Level to where you know
- 00:18:57there's going to be another wave of
- 00:18:58potentially layoffs or potentially you
- 00:19:00know companies that used to hire people
- 00:19:02not hiring people and the problem is is
- 00:19:04that these effects are Downstream
- 00:19:06meaning that if someone was going to
- 00:19:08create a company in the future and they
- 00:19:10choose not to create a company you don't
- 00:19:13experience that level until like maybe
- 00:19:1512 to 48 months after because the
- 00:19:17companies that would have replaced the
- 00:19:19old ones that wouldn't hire you those
- 00:19:21ones no longer exist so overall that
- 00:19:23entire market share has died down so
- 00:19:25essentially um the pace of improvement
- 00:19:28in robotics lag significantly behind
- 00:19:30cognitive automation it's improving as
- 00:19:32well but more slowly so this is
- 00:19:34basically what they're saying is that if
- 00:19:35you do anything with your hands that is
- 00:19:37pretty intricate um in a guided specific
- 00:19:40situation for example you know surgeons
- 00:19:43gardeners plumbers jewelry makers hair
- 00:19:46stylists as well as those who repair
- 00:19:48iron work or who make stained glass
- 00:19:50might find their handiwork contributing
- 00:19:52to our society for many more years to
- 00:19:54come and this is of course uh you know
- 00:19:57very very true I do think that you know
- 00:19:59people in these industries they have a
- 00:20:01unique set of skills that you know for a
- 00:20:03robot to do as well as a plumber it's
- 00:20:05very very hard considering you know the
- 00:20:07fact that it needs to navigate its way
- 00:20:09into a house deal with the customer be
- 00:20:11able to identify what's going wrong stop
- 00:20:13the water flowing uh whatever issue it
- 00:20:15may be then coordinate with all of these
- 00:20:17kind of things like if you try to get a
- 00:20:20team of you know Engineers to to get a
- 00:20:22robot to do that that would cost a lot
- 00:20:24and it would be so expensive to do that
- 00:20:26but you know an AI system that's on a
- 00:20:28computer running that can take control
- 00:20:30of a computer that is something that is
- 00:20:32vastly easier which is why a lot of the
- 00:20:34people who work at desks are more at
- 00:20:36risk than someone who does a manual
- 00:20:39labor job and this is something that I
- 00:20:41think this trend is important to pay
- 00:20:43attention to so of course regulated
- 00:20:45Industries like medicine or the Civil
- 00:20:47Service will have human involvement per
- 00:20:48longer but even there I expecting
- 00:20:50increasingly number of human workers who
- 00:20:53are you know supplemented with AI
- 00:20:55systems working alongside them so
- 00:20:57basically with this one is that if you
- 00:20:58work in a regulated industry or you're
- 00:21:00thinking about getting into one I think
- 00:21:02those ones are still pretty good for the
- 00:21:03future because regulatory boards and
- 00:21:06stuff like that they do take a lot of
- 00:21:07time to allow people to get into their
- 00:21:10Industries you know for example like to
- 00:21:11become a doctor there's all these tests
- 00:21:13you have to take to become a lawyer you
- 00:21:15got to pass the bar you got to do this
- 00:21:17it's this whole kind of thing whether
- 00:21:19you want to call it status even if the
- 00:21:21even if the AI system is better there's
- 00:21:23just this human kind of aspect where
- 00:21:26even if AI systems are better because of
- 00:21:28the regulatory bodies and how AI might
- 00:21:30be viewed at that time AI is probably
- 00:21:32not going to be penetrating those
- 00:21:34Industries very very soon like it's not
- 00:21:36going to be okay AI here boom let's use
- 00:21:38it there's still regulatory bodies that
- 00:21:40people you know follow and it's going to
- 00:21:42be really hard to change those because
- 00:21:44small changes and small issues with AI
- 00:21:46systems unless they're like 100% um and
- 00:21:49unless they have no bias no this no that
- 00:21:51no that um it's going to be really hard
- 00:21:53to change those Legacy Industries
- 00:21:55because they are very very resistant to
- 00:21:58change and they were built upon those
- 00:22:00you know strict foundations so you know
- 00:22:03careers that have like you know all
- 00:22:04those regulations around them I think
- 00:22:05those are going to be secure for a very
- 00:22:07very longer time now of course we talk
- 00:22:09about industries that are going to be
- 00:22:10preferred for humans so for example you
- 00:22:13know the those jobs that you know where
- 00:22:15you want a human to do it even if an AI
- 00:22:18system might be better so for example
- 00:22:20jobs that might fall into this category
- 00:22:22include counselors duelers caretakers
- 00:22:24for the elderly babysitters Preschool
- 00:22:27teachers priests and religious leaders
- 00:22:30even sex workers much has been made of
- 00:22:32AI girlfriends but I still expect that a
- 00:22:34large percentage of buyers of impers and
- 00:22:36sexual services will have a strong
- 00:22:38preference for humans and I think this
- 00:22:40is an interesting term here nostalgic
- 00:22:42jobs and I think that term actually does
- 00:22:44make sense so you can see that these
- 00:22:46jobs right here even if you have like an
- 00:22:48AI system that is you know just amazing
- 00:22:51you know sitting a baby like let's say
- 00:22:53it's great as a babysitter I would not
- 00:22:55want an AI system babysitting my child I
- 00:22:57would want it to have the human- to
- 00:22:59human connection I would want it to
- 00:23:01understand what other humans want this
- 00:23:02is just going to be something that maybe
- 00:23:04as I grow older and as I you know get
- 00:23:06older into my older years I'm just like
- 00:23:08that old person who's who's scared of
- 00:23:10robotic technology and I'm like no I
- 00:23:12want a human looking after my kid or
- 00:23:14whatever or maybe you know even people
- 00:23:15growing up now they still find it weird
- 00:23:17but over time those values can shift as
- 00:23:21robots become more and more useful and
- 00:23:23as they become more and more humanlike
- 00:23:25so it's going to be interesting to see
- 00:23:27how things are going to be you know done
- 00:23:29in the aspect but these jobs right here
- 00:23:31they're essentially valued because there
- 00:23:33is a human right there so if I was going
- 00:23:34through a problem I wouldn't really want
- 00:23:36to talk to an AI system because the
- 00:23:38whole thing about like counseling and
- 00:23:40stuff like that and being you know
- 00:23:41talking to a therapist is that there's a
- 00:23:43human who actually empathizes with you
- 00:23:45and no matter how smart an AI system
- 00:23:47might be it hasn't had its own you know
- 00:23:50subjective or objective whatever you
- 00:23:52want to say experience of the real world
- 00:23:54so it's not going to be able to
- 00:23:55empathize with you on that way that an
- 00:23:57actual person that can be like oh you
- 00:23:58know I I understand that I went through
- 00:24:00that you know I've had this experience I
- 00:24:02had that happen to me when I was 21 um
- 00:24:03and that like things like that are just
- 00:24:05completely Priceless so those things
- 00:24:07there like those areas and categories
- 00:24:09are going to really are going to really
- 00:24:11do well which is why it's important to
- 00:24:13like kind of look at this because you
- 00:24:14know a lot of people don't understand
- 00:24:16truly the dynamic on how things are
- 00:24:18going to change given the nature of AI
- 00:24:21going now for the rest of this article
- 00:24:23there are some you know interesting
- 00:24:25things there is the psychology of
- 00:24:27employment which is you know as
- 00:24:28automation rolls out across these
- 00:24:30industries how are people going to feel
- 00:24:32and basically what they're stating here
- 00:24:34is that you know evidence shows
- 00:24:36unsurprisingly okay in fact no this is
- 00:24:38actually quite surprising is that you
- 00:24:40know basically they're trying to look at
- 00:24:41how unemployment actually affects people
- 00:24:44okay and it says that one study that
- 00:24:45tried to tackle this looked at the
- 00:24:47effects of unemployment caused by the
- 00:24:48collapse of the Spanish construction
- 00:24:50industry on mental and physical health
- 00:24:52and this particularly study was
- 00:24:54attempting to disentangle the causality
- 00:24:56because people who lose their job during
- 00:24:58a nationwide collapse of an industry
- 00:25:00will avoid this election effect these
- 00:25:02individuals are no more likely to have
- 00:25:04mental mental or physical issues than
- 00:25:06other members of the population and it
- 00:25:08says by looking at Large Scale survey
- 00:25:10responses before and after the crisis
- 00:25:12they found that unemployment did appear
- 00:25:14to increase the likelihood of reporting
- 00:25:16poorer health and it says here it does
- 00:25:18seem that overall unemployment makes
- 00:25:21people sadder sicker and more anxious
- 00:25:23but it isn't clear if this is an
- 00:25:25inherent fact of unemployment or a
- 00:25:27contingent want okay because basically
- 00:25:29the problem is this right if you right
- 00:25:31now you're unemployed okay why are you s
- 00:25:34think about that for a second okay why
- 00:25:35are you s you're s because number one
- 00:25:37you might have less status because you
- 00:25:39don't have a job and number two you know
- 00:25:40you don't have any money okay you don't
- 00:25:42have any money coming in so you might
- 00:25:43think okay I'm not bringing any value
- 00:25:44into society and I'm not making a living
- 00:25:46for myself and of course I might be
- 00:25:48homeless and yada yada yada and you can
- 00:25:50see right here you've got all these
- 00:25:52things that they talk about okay you
- 00:25:53know the financial effects are probably
- 00:25:55the main one like if I gave you right
- 00:25:57now $10 million and I said you can never
- 00:25:59work a day in your life you know you're
- 00:26:00never allowed to have a job even if you
- 00:26:02wanted one you just are not allowed to
- 00:26:03work most people would laugh run off
- 00:26:05with a 10 million and be like this guy
- 00:26:07doesn't know what he's talking about and
- 00:26:08that's the main point here is that it's
- 00:26:11hard to understand whether or not humans
- 00:26:13derive meaning from employment or it's
- 00:26:16just the contingent effects okay and you
- 00:26:18can see right here is that of course
- 00:26:20this might not occur in the context of
- 00:26:22universal basic income and of course
- 00:26:24it's compounded with the shame aspect of
- 00:26:26being fired or laid off when you know
- 00:26:28you really feel like you should be
- 00:26:29working as opposed to the context where
- 00:26:31essentially all workers have been
- 00:26:32displaced intuitively it seems that
- 00:26:35there should be more negative
- 00:26:37psychological effects from losing a job
- 00:26:39in a way that feels like a personal
- 00:26:41failing or that sets one apart from
- 00:26:43one's peers versus losing a job in a
- 00:26:45blameless way or at the same time and
- 00:26:47the same manner as one's peers basically
- 00:26:50what they're stating here is as well is
- 00:26:51that whilst you might think that a lot
- 00:26:53of people who lose their jobs during
- 00:26:54this revolution might be sad if everyone
- 00:26:57loses it at the at the same time like
- 00:26:59people did in the pandemic people
- 00:27:01actually don't increase their
- 00:27:02psychological distress because
- 00:27:03everyone's in the same boat you can see
- 00:27:05here they found that individuals who
- 00:27:07were temporary laid off in April of 2020
- 00:27:09reported lower levels of distress
- 00:27:11compared to their peers who remained
- 00:27:13employed and you can see here the
- 00:27:14widespread nature of layoff normalized
- 00:27:16The Experience reducing the personal
- 00:27:18blame and fostering a sense of shared
- 00:27:20experience and of course Financial
- 00:27:21strain was mitigated by government
- 00:27:23support personal savings and reduced
- 00:27:25spendings which buffed against potential
- 00:27:27distress so basically the stating that
- 00:27:28there might not be as much angst and
- 00:27:31anxiety in the future if everyone is in
- 00:27:33the same boat but I do think that this
- 00:27:35is going to be Nuance because there are
- 00:27:36going to be a lot of industries that are
- 00:27:38affected before other ones as we
- 00:27:40previously discussed knowledge work
- 00:27:42cognitive labor jobs jobs on on our
- 00:27:44computer those ones are going to be
- 00:27:45automated heavily away first and it's
- 00:27:47not going to be all at once some
- 00:27:49companies are going to choose to
- 00:27:50implement them some companies are going
- 00:27:51to say nope we're 100% human run we're
- 00:27:53never going to use AI that's going to be
- 00:27:55their marketing gimmick those are the
- 00:27:56companies that you kind of want to you
- 00:27:58know work for and be you know you know
- 00:27:59aligning your options with but it's
- 00:28:01going to be kind of interesting as well
- 00:28:03like you know if you're looking to work
- 00:28:04for a company you know try and see what
- 00:28:05their CEO's view are on AI of course
- 00:28:07every CEO's incentive is to make more
- 00:28:09money so they're probably going to do
- 00:28:11that but you'd be surprised at how
- 00:28:12things work in the future and this is
- 00:28:14where we get into two of the most
- 00:28:15interesting Concepts here okay um and
- 00:28:17this is where she talks about inbank the
- 00:28:19culture books and this is where you know
- 00:28:21they are completely post scarcity
- 00:28:23Society money is viewed as crude and
- 00:28:26Irrelevant for allocating resources
- 00:28:28resources living space raw materials and
- 00:28:30energy are produced in abundance for its
- 00:28:32citizens and the capacity of its means
- 00:28:34of production are ubiquitously and
- 00:28:36comprehensively exceeded every
- 00:28:38reasonable demands it's not
- 00:28:40unimaginative citizens could make yet
- 00:28:42culture at least has one need that this
- 00:28:45abundance cannot satisfy that feeling
- 00:28:47was the urge to not feel useless
- 00:28:49basically to cut the nonsense this
- 00:28:50passage highlights the fundamental and
- 00:28:52AI need to feel like they are
- 00:28:54contributing to something larger than
- 00:28:56themselves even in a paradise where all
- 00:28:59material needs are met the psychological
- 00:29:01need still persists and she states here
- 00:29:05that you know you can think about it
- 00:29:06right now do you do anything that you
- 00:29:08are notably worse at than other people
- 00:29:10just for the sheer value of doing it she
- 00:29:12talks about how you know being a
- 00:29:13ballerina even though she's in her
- 00:29:15mid-20s and you know being a ballerina
- 00:29:17is long behind her but moving her body
- 00:29:19like that still brings her joy and this
- 00:29:21is where she talks about post AGI so she
- 00:29:23says a renowned AI researcher once told
- 00:29:26me that he is practicing for post AGI by
- 00:29:28taking up activities that he's not
- 00:29:30particularly good at Jiu-Jitsu surfing
- 00:29:32and so on and savoring the doing even
- 00:29:35without Excellence this is how we can
- 00:29:37prepare for a future where we will have
- 00:29:38to do things from Joy rather than need
- 00:29:41where we will no longer be the best at
- 00:29:43them but we will still have to choose
- 00:29:44how we fill our days we will also not
- 00:29:47need to choose how to fill our time
- 00:29:48alone in the context where we are all
- 00:29:50out of work and where this is one of our
- 00:29:52main worries it means we built
- 00:29:54relatively aligned artificial general
- 00:29:57intelligence for the the same reasons I
- 00:29:59expect us to reach AGI I expect it to
- 00:30:01progress Beyond this point to where we
- 00:30:03have superhuman systems for the same
- 00:30:06reason these systems will be helpful of
- 00:30:07anything we should expect that these
- 00:30:09systems will be able to help with the
- 00:30:11problems that they create and basically
- 00:30:12what they're stating here is that if we
- 00:30:14get superhuman systems that replace us
- 00:30:16there's no reason to think that they
- 00:30:18cannot help us if we don't have meaning
- 00:30:20in this future world and I think this
- 00:30:22article is very important like I said
- 00:30:24I'm going to have like a you know a
- 00:30:25short private blog where I summarize
- 00:30:27everything into a nice on my school and
- 00:30:29this video you know is likely going to
- 00:30:30be released on the school Community
- 00:30:32going to be released on the school
- 00:30:33Community a few days earlier because
- 00:30:35this is the community where we discuss
- 00:30:37how we can actually navigate this stuff
- 00:30:39and I don't want you guys to feel like
- 00:30:40look there's nothing I can do there is
- 00:30:42so much that you can do in order to be
- 00:30:43proactive especially in the last few
- 00:30:45years of work there are investments that
- 00:30:47you can make there are ways that you can
- 00:30:49transition your career from one area to
- 00:30:51another there are mindsets that you can
- 00:30:53use there are Frameworks that you can
- 00:30:54apply to your life to ensure you're not
- 00:30:56one of the people that get first
- 00:30:58automated because whilst automation is
- 00:31:00something that is coming it might not
- 00:31:02get you first if you're able to move out
- 00:31:04of the way and you're still able to be
- 00:31:06relatively valuable in the economy
- 00:31:08that's what the entire thing is about so
- 00:31:10let me know what you think about this
- 00:31:11entire document it is definitely a long
- 00:31:13one maybe I did go over my time limit
- 00:31:15here but I think this is probably one of
- 00:31:16the most important articles because I
- 00:31:18think by at least 2027 we're truly going
- 00:31:21to see the trajectory of where things
- 00:31:22are going because at that stage we will
- 00:31:25likely have had at least four to 5 years
- 00:31:27by 2030 of AI development we will likely
- 00:31:30have the biggest clusters being built
- 00:31:32you will likely have maxed out the you
- 00:31:33know physical Hardware so we're likely
- 00:31:36going to see where those developments
- 00:31:38are going to be in the sense that any
- 00:31:40more improvements are going to be hard
- 00:31:41to come by and therefore we know that
- 00:31:43the jobs that currently exist for humans
- 00:31:45are probably going to be there for quite
- 00:31:47some time so this was something that
- 00:31:48most people just did Miss but I'm pretty
- 00:31:50sure that this article was something
- 00:31:52that I think is definitely valuable to
- 00:31:53those of you who are concerned about the
- 00:31:55future of post AI economics let me know
- 00:31:57some of your thoughts on how all of this
- 00:31:59is going to go down and what your plans
- 00:32:01are and if you enjoy this video I'll see
- 00:32:03you in the next
- AI
- Future of Work
- Employment
- Automation
- Universal Basic Income
- Psychological Impact
- Skill Adaptation
- Industry Impact