Ray Kurzweil discusses the potential for Artificial Intelligence to eliminate jobs.
a prescient futurist in 1900 would say 38% of you work on farms; 25% of you work in factories. That’s two-thirds of the population. I predict that by the year 2015, that will be 2% on farms and 9% in factories. … everybody would go, “Oh, my God, we’re going to be out of work.” I would say, “Well, don’t worry, for every job we eliminate, we’re going to create more jobs at the top of the skill ladder.” And people would say, “What new jobs?” And I’d say, “Well, I don’t know. We haven’t invented them yet.”
I would argue that you should be worried about your job but not just because of AI but because mergers and other business activity could kill your job. The concern is the speed of any potential transition. But do not just worry plan and act.
If we assume that there will be vastly higher risks of job loss, then individuals should not assume that policies will not be created in time to properly buffer people from the job loss.
Faster retraining would help but if we cannot identify the new work there would be a large lag for the right training to be created.
– reduce personal debt as fast as possible
– have more than one income stream or job
– have a backup career
– work in a career that is less prone to automation
– have personal awareness of developments that are threats to your job or career
There has been growth in the gig-economy. Getting contracts or non-permanent employment.
Longer term people might be in a more resilient situation if they had their own business or had more stock ownership.
The rate of new entrepreneurs in the United States has been steadily growing in 2014-2016. In the USA there are around 550,000 new entrepreneurs across the national, state and metro level every month.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.