The Secret List of (soon to be) Extinct Jobs ———sincerely, AI

Tina Huang
4 Nov 202310:35

Summary

TLDRThe video script discusses the significant impact of AI on the job market, referencing a study on AI automation's effects on various jobs. It highlights that while AI could replace millions of jobs, particularly in higher-wage sectors, it also brings opportunities for new roles and industries. Historical examples of general purpose technologies like the printing press, steam engine, and internet illustrate how disruptive innovations have historically led to societal and labor force advancements. The script emphasizes the importance of embracing change, learning, and adapting to harness AI's power for positive outcomes, suggesting that technology itself is neutral and its use depends on human choices.

Takeaways

  • 🧠 The biggest risk of AI is the disruption to jobs, with AI potentially replacing millions of jobs.
  • 📚 A paper from the University of Pennsylvania and OpenAI analyzes the impact of AI automation on different jobs, focusing on large language models' effect on the US Labor Force.
  • 📉 Higher-wage jobs are more exposed to AI automation in the current wave compared to previous automation waves that impacted lower-wage jobs more.
  • 👥 Jobs and tasks are assessed by human raters and AI like GPT-4 to determine the level of AI impact.
  • 👨‍🏫 Historically, general purpose technologies (GPTs) have caused widespread usage, continuous improvement, complimentary innovations, and massive labor force disruption.
  • 🚂 Examples of past GPTs include the printing press, steam engine, electricity, and the internet, each causing significant changes and job displacements.
  • 📈 Despite job losses, GPTs have improved the quality of life and created new job opportunities, such as railway workers, electrical engineers, and software engineers.
  • 🔍 The research predicts that jobs like interpreters, translators, survey researchers, poets, and public relations specialists will be highly impacted by AI.
  • 💡 Jobs requiring science and critical thinking skills are less likely to be impacted by AI, while programming and writing skills show a higher susceptibility to AI impact.
  • 🚀 New opportunities in AI are emerging, such as prompt engineering and AI development, empowering individuals to innovate across various industries.
  • 🌐 Technology itself is neutral; it's up to us to decide how it's used and to create opportunities for positive impact.

Q & A

  • Who is Andrew and what is his significance in the context of AI?

    -Andrew is a globally recognized leader in AI, the founder of deeplearning.ai, CEO of Landing AI, General Partner at AI Fund, Chairman and Co-founder of Coursera, and an Adjunct Professor at Stanford University's Computer Science Department. His significance lies in his extensive knowledge and contributions to the field of AI.

  • What is the potential impact of AI on jobs according to the transcript?

    -The transcript suggests that AI could have a significant impact on jobs, with the potential to replace millions of jobs, including 4.8 million American jobs, as per a tool mentioned in the video.

  • What does the paper from the University of Pennsylvania in collaboration with Open AI aim to analyze?

    -The paper aims to analyze the impact of AI automation, specifically large language models, on the US Labor Force. It seeks to understand how different jobs are affected by AI and the level of exposure to automation.

  • How does the current wave of AI automation differ from previous automation in terms of job exposure?

    -Unlike the previous wave of automation that mostly affected lower-wage jobs, the current wave of AI automation seems to impact higher-wage jobs more, as these jobs have tasks that are more exposed to AI automation.

  • What is the role of human raters and GPT-4 in assessing the level of AI impact on jobs?

    -Human raters and GPT-4 are used to assess the level of automation impact on jobs by evaluating the tasks associated with each job and determining how much AI can influence or replace those tasks.

  • Can you provide an example of how the paper analyzes the impact of AI on a specific job?

    -The paper takes the example of acute care nurses, whose work activities include operating medical instruments and preparing medical supplies. These tasks are then evaluated by human raters and GPT-4 to determine the extent of AI's potential impact.

  • What are general purpose technologies (GPTs) and how do they affect society and the labor force?

    -General purpose technologies (GPTs) are groundbreaking technologies characterized by widespread usage, continuous improvement, generation of complementary innovations, and massive disruption to both the labor force and society as a whole. Examples include the printing press, steam engine, electricity, and the internet.

  • How did the invention of the printing press impact the labor force?

    -The invention of the printing press led to a significant increase in the availability of written text, which in turn led to the Renaissance, the Reformation, and numerous revolutions. However, it also caused displacement in the labor force, as there was less need for scribes, manuscript copiers, and those involved in decorating books and producing parchment and vellum.

  • What are some of the jobs that are predicted to be most highly impacted by AI according to the research?

    -The research predicts that jobs such as interpreters and translators, survey researchers, poets, lyricists, creative writers, animal scientists, and public relations specialists will be most highly impacted by AI, with exposure levels ranging from 66.7% to 76%.

  • How does the importance of science and critical thinking skills relate to the exposure to AI automation?

    -The importance of science and critical thinking skills are strongly negatively associated with exposure to AI automation, meaning that occupations requiring these skills are less likely to be impacted by current large language models.

  • What opportunities does AI present for new job creation and industry improvement?

    -AI presents opportunities for new job creation and industry improvement by enabling the development of technologies on top of AI, empowering people to innovate and improve across various industries, including small businesses like pizza shops, which can benefit from AI-powered tools to save costs and improve operations.

  • What is Andrew's advice for those who want to be part of the AI revolution?

    -Andrew advises people to embrace change, learn, adapt, and harness the power of AI technology. He encourages individuals to be proactive, learn how to use AI to improve industries, and influence policy makers on how these technologies should be used.

Outlines

00:00

🧑‍💼 Impact of AI on Jobs and Historical Technological Disruptions

The paragraph introduces the significant risk of AI as job disruption, referencing Andrew Ng, a renowned expert in the field. It discusses a study from the University of Pennsylvania and OpenAI that analyzes AI's impact on various jobs, particularly focusing on large language models' effects on the US labor force. The study uses human assessors and AI to evaluate the level of automation potential for different tasks. The paragraph also takes a historical perspective, comparing AI to past general-purpose technologies like the printing press and steam engine, which brought about significant changes and labor disruptions but also led to societal advancements and new job creation.

05:02

🔧 Disruptions Caused by General Purpose Technologies and AI's Future Impact

This paragraph delves into the historical labor market disruptions caused by inventions like the printing press, steam engine, and electricity, leading to the creation of new jobs and industries. It highlights how each technological advancement improved the quality of life but also displaced certain jobs. The discussion then shifts to AI's current impact, predicting that jobs like interpreters, translators, survey researchers, poets, and public relations specialists will be highly affected. The paragraph also notes that occupations requiring science and critical thinking skills are less likely to be impacted, while programming and writing are more susceptible. It emphasizes the potential for AI to enable new job opportunities and industries, just as past technologies have done.

10:02

🚀 Opportunities in AI and the Role of Policy and Adaptation

The final paragraph emphasizes the potential for AI to create new opportunities and industries, encouraging viewers to consider how they can provide value and be part of the conversation around AI's use. It mentions Andrew Ng's talk about opportunities in AI and the development of technologies built on top of AI, which are now accessible to a wider range of industries. The paragraph also touches on the importance of being proactive in learning and adapting to AI, as well as influencing policy to ensure responsible use of technology. The call to action is for individuals to harness AI's power and contribute positively to society.

Mindmap

Keywords

💡AI (Artificial Intelligence)

AI refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video's context, AI is a central theme as it discusses the impact of AI on jobs and the workforce. The script mentions that AI could replace millions of jobs, indicating its transformative power in various industries.

💡Disruption to Jobs

Disruption to jobs refers to the significant changes and potential loss of employment due to technological advancements. The video script highlights this concept by discussing how AI, particularly large language models, may impact different jobs in the US Labor Force, leading to job transformation or loss.

💡General Purpose Technologies (GPTs)

GPTs are technologies with widespread applications that can be used across various industries and sectors. The script uses GPTs to illustrate how groundbreaking technologies like the printing press, steam engine, and internet have historically led to improvements in quality of life but also caused significant labor force disruptions.

💡Large Language Models

Large language models are advanced AI systems that can process and generate human-like text based on the input they receive. The video script discusses a paper analyzing the impact of these models on the US Labor Force, indicating that they have the potential to automate tasks currently performed by humans.

💡Automation

Automation refers to the use of technology to perform tasks with minimal human intervention. The script discusses how AI and automation can lead to job displacement, as machines take over tasks previously done by humans, particularly in higher-wage jobs.

💡Innovation

Innovation is the process of creating new ideas, devices, or methods. The video script uses the term to describe how general purpose technologies generate complimentary innovations, leading to new industries and job opportunities, despite initial disruptions.

💡Job Exposure

Job exposure in the context of the video refers to the extent to which jobs are susceptible to being replaced or transformed by AI. The script provides percentages to illustrate the high level of exposure for certain jobs, such as interpreters and translators.

💡Critical Thinking Skills

Critical thinking skills involve the ability to analyze and evaluate information to form reasoned judgments. The video script mentions that occupations requiring these skills are less likely to be impacted by AI, suggesting that they offer some level of protection against job displacement.

💡Programming and Writing

Programming and writing are specific skills that the script identifies as having a strong positive association with job exposure to AI. This implies that jobs involving programming and writing may be more vulnerable to automation by AI technologies.

💡Opportunities in AI

Opportunities in AI refer to the potential for new job creation and industry development as a result of AI advancements. The video script suggests that despite job losses, AI also presents opportunities for innovation and the creation of new roles, such as AI developers and prompt engineers.

💡Embracing Change

Embracing change is the concept of accepting and adapting to new circumstances or technologies. The video script encourages viewers to be proactive, learn, and adapt to AI advancements, harnessing their power to improve industries and create value.

Highlights

The biggest risk of AI is the disruption to jobs, with AI predicted to replace 4.8 million American jobs.

Andrew Ng, a globally recognized leader in AI, discusses the impact of AI on the labor force.

A paper from the University of Pennsylvania in collaboration with OpenAI analyzes the impact of AI automation on different jobs.

Higher-wage jobs are more exposed to AI automation in the current wave compared to the previous wave of automation.

Jobs and tasks are assessed by human raters and AI like GPT-4 to determine the level of potential automation.

The historical context of general purpose technologies shows a pattern of widespread usage, continuous improvement, and massive disruption.

The invention of the printing press revolutionized access to written text and led to significant societal changes.

The steam engine and subsequent innovations led to the Industrial Revolution and major shifts in labor demands.

The advent of electricity and the internet has similarly transformed society and created new job categories.

AI is expected to highly impact jobs such as interpreters, translators, survey researchers, poets, and public relations specialists.

Science and critical thinking skills are negatively associated with exposure to AI, suggesting less impact on related occupations.

Programming and writing skills show a strong positive association with exposure, indicating higher susceptibility to AI impact.

AI technologies will not only impact jobs directly but also through secondary technologies built on top of AI.

Despite job losses, AI will bring improvements in quality of life and create new opportunities for employment.

Andrew Ng emphasizes the importance of embracing AI and creating opportunities in industries of all sizes.

AI technologies were historically expensive and complex, but are now accessible for development across various industries.

Andrew Ng's talk, 'Opportunities in AI,' discusses the development of technologies on top of AI and their potential.

Landing AI, co-founded by Andrew Ng, is an example of building on AI technology to improve industries.

Mitsu, a Japanese conglomerate, approached Andrew Ng to use AI for making ships more fuel-efficient, showcasing proactive use of AI.

The video concludes with a call to action for individuals to learn, adapt, and harness the power of AI for societal benefit.

Transcripts

play00:00

when I think of the biggest risk of AI I

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think that the biggest risk is the

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disruption to jobs in case you don't

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know who that is and juning is the

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globally recognized leader in AI the

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founder of deeplearning.ai founder and

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CEO of Landing AI General partner at AI

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fund chairman and co-founder of corsera

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and an adun professor at Stanford

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University's computer science department

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basically this guy knows his AI stuff

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yes there will be lots of impact on jobs

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as Andrew alluded to jobs that are

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transformed jobs that are lost

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artificial intelligence could replace

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Millions the tool says AI will replace

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4.8 million American jobs but by the end

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of this video you will feel

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inspired this is a paper from the

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University of Pennsylvania in

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collaboration with some people at open

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Ai and it analyzes the impact of AI

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automation on different jobs the

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specific goal of this paper is to look

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at the impacts of artificial

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intelligence specifically large language

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models on the US Labor Force whereas the

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previous wave of automation the most

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exposed jobs were often the lower wage

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jobs you know we put robots into

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factories with this current wave of

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automation is actually the higherway

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shops further to the right of the axis

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that seems to have more of their task

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exposed to AI ultimation let's take a

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deeper dive into the paper they

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basically take the jobs and a task

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associated with the job and then get

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both human Raiders as well as gp4 to

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assess what level of automation is

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affected so for example if you have

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acute care nurses the work activities

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they would do would include operating

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diagnostic or therapeutic medical

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instruments or equipment preparing

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medical supplies or equipment to use so

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they would give this information to

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train human Raiders as well GPT 4 and

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ask it how much will AI impact the

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things that these people do before I

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dive into these findings to really

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appreciate what it all means we first

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need to take a step back and look into

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the past where similar things have have

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occurred and what happened afterwards

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every business no matter how large and

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no matter how small will be on the

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internet in the year 2000 these

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groundbreaking Technologies they're

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called general purpose Technologies and

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they are characterized largely by four

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things widespread proliferation of usage

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continuous Improvement generation of

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complimentary Innovations where people

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take that technology and then build upon

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it and massive disruption to both the

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labor force and society as a whole let's

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look as examples the printing press

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before the printing press books articles

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things like that they were not widely

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available and they're considered very

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precious so they depended on a small

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number of people who would read and then

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tell everybody else uh what it is that

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was on the paper now with the invention

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of the printing press and specifically

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the glutenberg press in the mid-5th

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century all of this changed the way that

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it worked is that they would carve out

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individual letters and numbers and being

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able to rearrange them and dramatically

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increase the speed at which things can

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be printed this was a revolutionary

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Discovery and suddenly people had access

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to written text people started being

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able to read things to understand things

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to think things and this led to things

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like the Renaissance the reformation and

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countless revolutions so while this

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technology enabled a lot of new

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developments it also caused Great

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displacements in the labor force

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suddenly there was not really any need

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for scribes and manuscript copiers there

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wasn't any need for people who would

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decorate these books and parchment and

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vellum produc which is the skin of

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animals that people would write on

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because the printing press worked much

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better on

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paper before the steam engine was

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invented people were born they would

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Farm raise their animals get married and

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do all those things and eventually die

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all within a very small amount of space

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and if you're lucky you might have some

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hor drawn carriages or cows that were

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able to carry you to different places

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people were essentially bound to their

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location but around around the Turning

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of the century of the 18th century there

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was a guy called Nicholas Joseph cogno

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he built a steam powered contraption

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that allowed him to move at 2 mph this

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was very clunky and very

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expensive then in 1863 there was a

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Belgian inventor by the name of Ian

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lenois who made the first combustion

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engine that allowed him to travel 7 mph

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wow people tinkered around with it and

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finally it was James watt that perfected

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the steam engine and this was

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revolutionary because that was the

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foundation that was needed to start the

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Industrial Revolution and on the

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transportation side this led to the

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first gas-based engine which eventually

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evolve into the cars that you see all

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around you

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everywhere but at the same time there

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was massive disruption to the labor

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force the Advent of steam powered

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Machinery task like plowing and

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threshing became more efficient so there

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was less need for agricultureal workers

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before the railway existed goods were

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often transported via rivers and

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different canals requiring boatmen and

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watermen but now that there's a railway

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there's no need for that anymore a lot

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of Craftsmen and Artisans also lost

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their jobs with the rise of factories

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and mass production techniques so you

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probably get the point now there's

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something that's being invented that

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dramatically changes how it is that

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people live like all the things around

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them and with that there's a disruption

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to the current status quo including the

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labor market with the invention of

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electricity in the 18th and 19th century

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there is no more need for so much candl

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light people were able to stay up later

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during the night and come up with more

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things there's water and plumbing now

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and refrigerator so there's no more need

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for the Milkman or the ice cutter

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perhaps you watching this has gone

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through the time in which the internet

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didn't exist You've Got Mail finally now

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in the 21st century this new technology

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this new innovation is artificial

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intelligence and here are the jobs that

play05:58

the research believe will be the most

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highly impacted interpreters and

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translators at around 76% exposure

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survey researchers at 75% exposure poets

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lyricists and creative writers around

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68.8% animal scientists at

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66.7% and public relations specialists

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at

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66.7% though this is on the conservative

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side it looks like there's also going to

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be a decline on web and digital

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interface designers blockchain engineers

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and mathematicians so traditionally

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pretty high paying jobs they also found

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that the importance of Science and

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critical thinking skills are strongly

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negatively associated with exposure so

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basically saying that occupations

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requiring these skills are less likely

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to be impacted by current large language

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models while on the other hand skills

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like programming and writing um show a

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strong positive association with

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exposure so implying that these

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occupations that involve these skills

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are more susceptible to being impacted

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by large language models so there you go

play06:59

those are the predictions and why these

play07:01

numbers are so big in terms of exposure

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the reason is because um it's not just

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the base technology of AI that's going

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to be impacting these jobs and these

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skill sets it's the fact that there's

play07:11

going to be a lot of Technologies like

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softwares and apps and stuff that are

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built on top of these AI technologies

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that will have massive impact in

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specific domains so in the beginning of

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this video I said that you will leave

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this video feeling inspired so how can

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you feel inspired knowing that there

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will be loss of jobs

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as you notice with these innovations

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that came about there were so many

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improvements in quality of life and new

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things that were being formed from these

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based Technologies these general purpose

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Technologies overall our quality of life

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has increased with each of these new

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technologies that have come out and with

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that new jobs that are formed with steam

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engines that are invented there's now

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Railway workers Engineers steamship

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workers and transport and Logistics with

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the of electricity electrical engineers

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electricians power plant operators and

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electrical tool manufacturers with the

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computer and the internet software

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Engineers data Engineers data scientists

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data analysts Ecommerce cyber security

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and my job right now content creator

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with AI there will be and in fact there

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already is a similar Trend prompt

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engineer AI developer in fact the title

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of Andrew ning's talk is opportunities

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in AI Andrew talks about all the

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different types of technologies that are

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being developed on top of AI

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traditionally speaking these

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Technologies were so expensive and so

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complex that only the biggest companies

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were able to use them but there's a long

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tale to this there's billion dooll

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Industries but there's also like $100

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million Industries $10 million $1

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million Industries and now people are

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empowered to develop for these

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industries as well for example someone

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might be running a small mom and pop

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pizza shop they can have an AI power

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tool that can take orders for them and

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in a year they could be saving a few

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thousand that might not sound like a lot

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of money but to that store that's

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significant now extrapolating that to

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the pizza stores around the country

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around the world that might not be a$1

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billion industry but that could be a$

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1010 million industry where now people

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can improve their livelihoods I also

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want to make a note that these

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Transformations don't just happen by

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themselves and it doesn't happen

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overnight armar ra is a company that we

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built with the former CEO of Tinder and

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with my my team's expertise in Ai and

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her expertise in relationships were're

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able to build something pretty unique

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you are someone that can build something

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on top of the AI technology to improve

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one or more of these industries a large

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Japanese conglomerate called mitu they

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came to me and they said hey Andrew you

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should build the business to use AI to

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make ships more fuel efficient be

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someone that Embraces that change that

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uses that change cuz that technology

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it's not going to go away and that

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change is going to happen whether you

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like it or not so why not be proactive

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learn adapt and harness its powers for

play10:01

those interested in Humanities and maybe

play10:03

politics be that person who is going to

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be influencing policy makers on how

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these Technologies should be used in the

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end technology is just technology it is

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not good and it is not evil it is up to

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us to decide how it's going to be used

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and there is so much opportunity to be

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part of that all right I hope this video

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is helpful please leave in the comments

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what your thoughts are where you think

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you could be providing value what you

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want to learn how do you want to be part

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of this conversation and I will see you

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guys in next video or live stream

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Related Tags
Artificial IntelligenceJob DisruptionInnovationLabor ForceAI ImpactGeneral Purpose TechFuture JobsIndustry TransformationTechnological AdvancementSocietal Change