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The co-founder of AI company DeepMind, which was acquired by Google in 2014, has warned of AI-related job losses.
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Mustafa Suleiman said at a conference in San Francisco that there will be “a serious number of losers.”
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He said a universal basic income could be the answer.
The co-founder of AI firm DeepMind has warned the government needs to come up with a plan to compensate people who lose their jobs because of new technology, The Financial Times reported.
According to the FT, Mustafa Suleiman said at the GIC’s Bridge Forum in San Francisco on Tuesday, “There is no doubt that many white-collar jobs will change significantly in the next five to 10 years. ‘ said. “There will be a huge number of losers [and they] You will be very unhappy and very upset. ”
DeepMind was acquired by Google in 2014 and has helped develop large-scale language models similar to ChatGPT called LaMDA and PaLM. Suleiman left DeepMind last January and has since founded his own chatbot business called Inflection AI.
According to the FT, Suleiman said the government should provide “material compensation” to those who lose their jobs because of AI. “This is a political and economic move and we have to start talking seriously,” he said.
A recent study by Goldman Sachs suggested that 300 million full-time jobs could be impacted by AI, with legal and government workers most at risk.
Suleiman said on Tuesday that a universal basic income could be a potential solution to this. UBI will provide an unconditional income guarantee to all citizens.
OpenAI CEO Sam Altman told The Wall Street Journal in March that he believed AI could free people up for more creative work by helping UBI replace lost jobs. said there is.
And in 2019, Elon Musk also said he supported Andrew Yang’s signature $1,000 a month UBI policy, which the politician called a “freedom dividend.”
Read the original article on Business Insider