Jobs and AI | 5th | week 3 |.
Please talk to us about some of the concerns and issues surrounding AI. Yeah, absolutely. There's a lot of growing concern around AI replacing jobs, and taking over some of the more automatable tasks or manual tasks. Now if you think about the economics of things, it's very clear. We wouldn't think twice about regretting that the refrigerator was invented, or that the bicycle was invented, or that the car was invented. You nor I would probably think of creating a time machine to go back to prevent the invention of the car from being ever invented in the first place. Just because it has transformed our lives in ways that we could never have imagined, in the same sense had potentially AI could potentially transform, and has already begun to transform our lives in very meaningful ways. Through the process, there are going to be inevitably some jobs that are going to be automated, or replace like ice pickers who were trying to acquire a large blocks of ice cubes to bring it to towns, in homes so they can refrigerate the food, those jobs are replaced by the refrigerator, and also horse-drawn carriages, they were replaced by bicycles and cars as well. So technology is always going to transform society. My views is that we've been through many revolutions where technology has had a profound impact on the type of jobs that humans need to perform. We no longer have horse and buggy drivers.