All The Jobs AI Will Replace In 5 Years (And Jobs That It Won’t)

Summary

This video script delves into the rapid advancements of AI and its profound impact on the workforce, with an estimated 85 million jobs at risk of being affected in the next five years. It explores AI's ability to create content, from art to essays, and its integration into various industries like marketing, banking, and advertising. The script also addresses concerns about job displacement and the ethical challenges of AI-generated misinformation, while highlighting AI's potential for societal good, such as mapping proteins for medical breakthroughs.

Takeaways

• 🧠 Rapidly advancing software, not hardware, is the main concern for white-collar workers due to AI's increasing capabilities.
• 📉 AI's impact is significant, with studies showing it could affect over 80% of the US workforce and replace 25% of jobs within the next five years.
• 🎨 AI tools like Chat GPT and mid-journey are democratizing creative tasks, allowing anyone to generate content without traditional skills.
• 👥 The potential for AI to replace jobs is a double-edged sword, with concerns about job displacement and the erosion of the middle class.
• 🔮 AI's generative capabilities are vast, likened to reshuffling the internet's content into new, never-before-seen orders.
• 📈 AI is already disrupting industries by automating tasks, with marketing and advertising being early adopters of AI-generated content.
• 💼 Jobs involving repetitive and administrative tasks are most at risk of being automated by AI, according to Goldman Sachs.
• 🤖 The rise of AI in industries like banking and surveillance is reducing human error and increasing efficiency.
• 📝 The Writers Guild of America is grappling with AI's role in content creation, as it could potentially replace human writers.
• 🚫 Despite AI's potential, it's not without flaws, as it can sometimes generate derivative or inaccurate content, leading to legal and ethical concerns.
• 🛑 There's a call for an 'AI pause' from tech leaders to consider the implications of rapid technological advancement on jobs and society.

Q & A

What is the primary concern regarding the impact of AI on the workforce?

The primary concern is that rapidly advancing software and AI could displace a significant number of jobs, particularly white-collar jobs, as AI is becoming capable of performing tasks traditionally done by humans, such as creating content, analyzing data, and even generating advertising materials.

What was the verbal IQ test score of the AI mentioned in the script?

The AI, referred to as 'Chat CPT' in the script, scored 155 on the verbal IQ test, which is higher than 99.9% of people who took the same part of the test.

How does the World Economic Forum estimate AI's impact on jobs in the next five years?

The World Economic Forum estimates that AI will affect over 80% of the US workforce and that 85 million jobs worldwide will be impacted, with approximately 25% of all jobs being replaced by AI in the next five years.

What is the term used to describe AI's creation of content based on existing data?

The term used is 'generative AI', which refers to AI's ability to create new content, such as essays, art, and other types of content, by reshuffling existing data in novel ways.

What is the potential consequence of AI replacing jobs in the creative industry?

The potential consequence is the loss of jobs that were previously thought to require individual skill and training, as AI tools like 'mid-journey' for art and 'chat GPT' for writing can now generate creative content with less human input.

What is the '52 factorial' concept mentioned in the script, and how does it relate to AI?

The '52 factorial' concept illustrates the vast number of possible combinations when shuffling a deck of cards, which is more than the number of individual atoms in the universe. It relates to AI by emphasizing the immense potential for AI to generate unique content from the vast amount of data available on the internet.

How can AI be used in the advertising industry according to the script?

AI can be used to create advertising content, such as images and videos, at a lower cost than traditional methods. It can also generate advertising campaigns and is expected to play a significant role in digital advertising, which is a large and growing sector.

What is the current role of AI in the banking industry as per the script?

AI is being used by banks, such as HSBC, to run anti-money laundering surveillance programs, which are claimed to reduce human error and improve efficiency.

What is the Writers Guild of America's concern regarding AI in the context of the script?

The Writers Guild of America is concerned about AI's role in television and film production, as it could potentially replace human writers. This is a key point of negotiations between the guild and the studios.

What are some of the jobs and industries most at risk of being replaced by AI according to the script?

Jobs in office administration, legal, business, and financial operations are most at risk, as they often involve repetitive tasks that can be automated. The script also mentions that any job involving data collection could be at risk due to AI's ability to generate information.

What is the potential issue with AI 'hallucinations' as mentioned in the script?

AI 'hallucinations' refer to the phenomenon where AI tools start making up information when they lack real data to base their responses on. This can lead to incorrect or entirely fabricated information, which can cause problems for businesses that deploy AI technology.

How does the script suggest we should approach the use of AI in society?

The script suggests that we should be diligent in teaching AI tools ethics and the difference between good and evil. It also emphasizes the importance of being aware of the potential for misinformation and manipulation due to the widespread availability and use of AI tools.