Artificial Intelligence Impact on Employment: OpenAI CEO Sam Altman claims that current generation is struggling due to AI, implies a negative effect.
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In a recent interview on the YouTube show "Huge Conversations" with Cleo Abram, Sam Altman, CEO of OpenAI, shared his views on the impact of Artificial Intelligence (AI) on the workforce. While his optimism about the AI era contrasts with the concerns expressed by some other tech CEOs, such as Dario Amodei, Altman's comments have sparked a debate about the future of work and its implications for different age groups.
Altman believes that young people are better equipped to handle the changes brought about by AI. He expects the AI era to offer opportunities for young people to create new, exciting, well-paid, and interesting jobs. By 2035, he predicts that a student graduating might be working on a mission to explore the solar system in a spaceship, due to the rapid changes brought by AI.
However, Altman's concerns about AI focus on the adaptation of older workers in the workforce. He expressed that he's not overly concerned about entry-level jobs being automated, but he's more concerned about how established professionals will adapt to AI. He stated that he's less worried about the impact of AI on 22-year-olds than on 62-year-olds who may not want to retrain or reskill.
In contrast, Dario Amodei, CEO of Anthropic, views the potential job loss due to AI as a potential catastrophe that the tech industry and politics aren't adequately preparing society for. Amodei predicts that AI could eliminate up to half of entry-level jobs within the next five years.
Industry leaders are concerned not only about the immediate displacement of young workers from entry-level jobs but also about broader workforce restructuring that affects older workers through labor force exits and the need for skill adaptation. The overall impact reflects a complex shift rather than uniform job losses across age groups.
The rapid changes brought by AI make it increasingly difficult to predict how the world will look in five years. As AI continues to evolve and transform various industries, it is essential to address the challenges and opportunities it presents for workers of all ages.
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What might be the impact of technology on education-and-self-development and career-development for older workers, given Sam Altman's concerns about their adaptation to AI?
Sam Altman, on the other hand, seems more optimistic about the prospects of young people, suggesting they could potentially benefit from well-paid and interesting jobs in the AI era by 2035. However, Dario Amodei fears that AI could eliminate up to half of entry-level jobs in the next five years.
