As many experts worry that the development of AI could lead to more layoffs, questions and concerns have been raised about what could happen next for the U.S. workforce.
FOX Business’s “How America Works” host Mike Lowe issued a warning on Thursday about the development of AI and what it means for white-collar workers.
“You can’t stick your head in the sand, but you can’t panic either.
“People used to say that robots would destroy skilled workers. I don’t think robots will show up.”
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With the rapid growth of AI, many industry experts are trying to predict which jobs will be most affected and how many will likely be replaced.
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One AI expert, Ben Goertzel, predicted that the technology could replace 80% of jobs “within the next few years.”
SingularityNET founder and CEO Goertzel told France’s AFP at a summit in Brazil last week that such a future could be realized with the introduction of systems like OpenAI’s ChatGPT. I said yes.
Other studies analyze in more detail which occupations are most at risk of an AI takeover.
a goldman sachs survey We found that several industries have relatively little exposure to AI technology automation, such as cleaning. Installation, maintenance and repair. construction and extraction. manufacturing; and transportation transfers. More than half of each task is considered unautomatable, and AI primarily serves as a complementary tool for the remaining tasks.
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In general, areas where AI-powered automation is less prevalent tend to require manual work, outdoor work, or expertise.
A Goldman Sachs report identified medical workers and support staff. Fisheries, agriculture, forestry. personal care; and protection services, where he had less than a quarter of tasks not exposed to automation by AI. Although each had at least some of the tasks that could be complemented by AI.
“We’ve been hearing for years about robots destroying blue-collar jobs. Now we know AI is coming to white-collar jobs,” Lowe previously told America’s Newsroom.
IBM CEO Arvind Krishna, for example, announced a temporary suspension of hiring for certain jobs that could be replaced by AI.
“I believe that AI will replace many white-collar clerical jobs, and as I have said before, it will replace AI in the next five years. It’s the kind of thing I anticipate,” CEO Arvind Krishna told Fox Business. Liz Klaman appeared on “The Klaman Countdown” earlier this month.
But he added that it “wouldn’t be as simple as having no jobs.”
“But perhaps the number of jobs in customer care, coding, business processes, artificial intelligence development, etc. will increase so much that the net increase will be positive while there is movement from one area to another. ”
Krishna told Bloomberg he expects about 30% of non-customer-facing jobs to be replaced by AI within the next five years.
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Lowe encouraged these white-collar workers not to panic and see this as an opportunity to launch a career in a burgeoning industry.
“We can’t control the behavior of the AI, we can’t control the huge list. Why should you panic about losing your job unless you start to understand why you should use AI when you can retrain in six months in an exploding career? ?” He said.
Lowe also added that moves like IBM’s to suspend hiring in certain areas could push people into skilled jobs. Lowe acknowledged that there are prejudices surrounding skilled traders, but he said they are often the more challenging roles.
“My foundation has trained about 1,700 people in skilled trades. Many of them are welders, many of whom have achieved six figures or higher. No one believes it. The stigma It’s so obvious that no one talks about it.”Kids end up being welders because they couldn’t weld here. That’s nonsense,” he said.
“Those who acquire a skill in demand and observe its trajectory will find themselves reaching something very similar to prosperity.”
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Lowe also noted that AI-driven changes are giving workers “an opportunity to remind themselves that they are not the product of their work.”
“Job satisfaction is not the product of your job. It is a product of yourself.”
Julia Musto, Eric Revell and Daniella Genovese of FOX Business contributed to this report.
