Photo by Peter T. Knight
““I believe that millions of white-collar workers are going to lose their jobs in the next 12 to 18 months due to AI,” Yang said in an Instagram video that’s garnered over 600,000 views.
“AI is now able to do the work of a very, very smart human in minutes or even seconds. This is going to displace marketers, coders, designers, lawyers, accountants, call center workers—you name it.”
Yang joins a chorus of business leaders—from Anthropic CEO Dario Amodei to Ford CEO Jim Farley—warning about the nightmare that could be coming for white-collar workers. However, the economic fallout in reality could reach far beyond office workers.”
To read the full article published in Fortune Magazine, click here.
Estimates of current error rates of generative AI range from 7% to 60%. I don’t think this bubble is going to pop, I think there is so much investment that everyone is going to forge ahead regardless, and systems will increasingly stop working, eventually bringing the economy to a stop.