4 London Tech Week founders share how AI is used, their impact on jobs

AI For Business


As Tech's Big Guns discusses how to change the future of work, I asked four founders if AI would get a job.

On last week's tour of Europe, Nvidia CEO Jensen Huang slapped humanity CEO Dario Amodei to warn AI that AI will wipe out half of all entry-level white-collar jobs.

At the keynote address of Huang, London Tech Week, the founder showed us how to use AI on a daily basis and whether he was concerned about its impact on the job market.

They all expected some form of confusion, but some were more pessimistic than others.

Isa Mutlib, collaborative AI


Isa Mutlib, founder of Cotalent AI.

Isa Mutlib, founder of Cotalent AI.

Isa Mutlib



Cotalent AI founder Isa Mutlib said that AI will be used to access and process information quickly in everyday tasks, including coding and content generation.

He estimated that AI was saving his company. It deploys customizable AI agents for businesses between 50% and 70% of the time on tasks. He said this means that minimal viable products can be deployed to clients within days rather than months.

Mutlib has described the impact of AI on work as “long-term optimism and short-term pessimism.”

He said he expects “some serious unemployment soon,” but he thought that in the long run, AI would create new opportunities.

He said this pattern was not “unusual” during past technological revolutions.

He said there is a need to rethink how organizations approach skills and work and how to approach work, adding that skills that were considered essential ten years ago “are no longer relevant.”

“People need to understand that the future of work is changing,” he added. “We have to think about it with a really fresh new way of thinking.”

Husayn kassai, Quench ai


Hussayn Kassai, founder of Quench AI at London Tech Week.

Husayn Kassai, founder of Quench AI.

Quench AI



Husayn Kassai, founder of Quench AI, said AI is threatening entry-level jobs in programming, customer service and law.

He added that this makes progressing in the early stages more difficult and “the career ladder is being lifted.”

Cassai cited the law firm's example and said it would carry out research and administrative work like the historically increasing use of AI in paralegals.

He said generative AI has accelerated decades of “automation trends,” which has led to a global rise in “unemployment and low-wage employment.”

Workers will not compete directly with AI, but will compete with each other in the advantage of those skilled in AI.

Kassai said Quench, a platform that allows employees to use AI agents to process tasks based on company data, is using AI tools widely through operations that involve cursors between engineers. AI means 14 startups that need “35 or 40 people” can do their job 10 years ago, he said.

He said AI cannot replace humans because of “relationship-based.”

Stephen Kennington, Lumiko


Stephen Kennington, co-founder of Lumiko.

Stephen Kennington, co-founder of Lumiko.

Lumiko



Steven Kennington, co-founder of Lumico, said AI is “world-class” at solving technical and mathematical problems.

According to Kennington, Lumico engineers develop software and hardware for the enterprise and sometimes use AI tools such as Github Copilot.

He compared it to having an experienced programmer next to you. However, he also said he was worried that the user would explain what they wanted at the plain language prompt and that the AI ​​would be worried about generating code to make it happen.

Kennington said he expects a “inevitable” skill gap as more people outsource to AI instead of learning the skills, whether it's coding or students using it to do their homework.

He said he relied on AI for shortcuts and believed that people who didn't develop the right skills would be “weeded” over time.

He said that future “real engineers” “know when to use and when not to use them.”

Matthew Sale jump start


Image of a man in a yellow shirt smiling hands in front of him

Matthew Sale, co-founder of Jumpstart.

Jump start



Matthew Sarre, co-founder of startup talent platform Jumpstart, said he used ChatGpt for “almost anything” including ideas for posts on LinkedIn and advice on “how to elicit marketing or sales stunts.”

He said it would not have a direct impact on him and his company's work, but added that he thought AI would “cause short-term layoffs” for low-skilled roles.

But looking further, Sarre said, “History has shown us many times over and over that technology does not replace work in the long run, but rather complements work.”

He said that AI is a “silly muscle” that was dependent on humans, despite still creating something “great.”

But he said, “I might be trying to eat my words,” in light of the number of AI agents currently entering the market.





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