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Airbnb co-founder and CEO Brian Chesky said AI will ultimately benefit the job market.
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He predicts that AI will drive “millions of startups,” even though existing companies may lose jobs.
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Chesky is one of many business leaders who have spoken out about AI this year.
Is AI job-destroying or job-creating?
Airbnb co-founder and CEO Brian Chesky says it will end up being the latter.
He expects the technology to drive “millions of new startups,” he told investor Jason Calacanis on a recent episode of This Week In Startups.
Thanks to AI, people in existing jobs can work more efficiently. This year alone, Chesky told Kalkanis, he estimates that the introduction of AI “will make our engineers 30% more productive next year without taxing more people.” The podcast was first reported by CNBC on Monday.
While this may mean fewer vacancies for job seekers, it’s good news for corporate bottom lines, making it easier for job seekers to start their own companies, as Chesky predicted, and ultimately It could create a more robust job market.
“I think anyone can do what five years ago only software engineers could do, and that’s going to be great for a lot of people,” Chesky said. “It would be very confusing for others.”
While many in business say AI could have a major impact on innovation and the economy, business leaders, including Warren Buffett, are skeptical. Elon Musk, for example, believes AI is controversial and needs regulation to ensure its impact is net positive, even if it means slowing development. Stated.
Last month, AI pioneers, including OpenAI and Google DeepMind, signed a letter arguing that the technology poses a danger to human survival if allowed to spread unregulated.
“Reducing the risk of AI-induced extinction should be a global priority alongside other societal-scale risks such as pandemics and nuclear war,” the AI leaders published in the AI Safety Center. In a letter, he urged policymakers to regulate the growth of AI.
Read the original article on Business Insider
