The Anthropic AI CEO/co-founder predicts AI may "spike unemployment to 20% in the next 1 to 5 years."
It prompted me to re-read my chapter about our economic future in my 2020 book Evil Geniuses. It's aged okay –– consensus then was AI eliminates 15% to 30% U.S. jobs "in the next 10 to 20 years."
It prompted me to re-read my chapter about our economic future in my 2020 book Evil Geniuses. It's aged okay –– consensus then was AI eliminates 15% to 30% U.S. jobs "in the next 10 to 20 years."
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I think Americans need to reckon that jobs aren't a product of capitalism, they're a side effect. A CEO's job isn't to create employment but to minimize it so shareholders earn higher returns.
That's it, that's the whole deal.
As for bosses, basically true of public companies, not necessarily of others.