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DeepMind co-founder Mustafa Suleyman warns AI is a ‘fundamentally labor replacing’ tool over the long term

Jan 17, 2024 - fortune.com
Mustafa Suleyman, co-founder of DeepMind, has expressed concerns about the potential negative impacts of AI on the labor market. He believes that while AI can make operations more efficient and create new processes, it could also replace human workers, leading to unpredictable effects on the labor market. Despite expecting AI to augment human intelligence and productivity in the next few decades, Suleyman thinks its long-term impact is still uncertain. He also warns that without regulation, AI's ability to replicate human tasks could lead to serious economic consequences.

The article also mentions differing opinions among experts about AI's impact on jobs. Some predict a wave of unemployment and economic disruption, while others believe AI will create new job opportunities and boost economic growth. For instance, a 2022 United Nations’ International Labor Organization study found that most AI systems will complement workers rather than replace them. However, MIT professor Daron Acemoglu warns that AI could disappoint by taking jobs without delivering expected productivity improvements.

Key takeaways:

  • DeepMind co-founder Mustafa Suleyman is working on a new company called Inflection AI, which offers personalized AI assistants.
  • Suleyman has expressed concerns about the potential negative effects of AI on the labor market, describing them as 'fundamentally labor replacing tools'.
  • While some researchers argue that AI will lead to unemployment and economic disruption, others believe that the technology will create new job opportunities and boost worker productivity.
  • Suleyman fears that without regulation, AI's ability to replicate human tasks could lead to serious economic consequences.
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