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Instead of killing jobs, there's a strange AI hiring boom happening, according to Marc Andreessen

Nov 14, 2024 - businessinsider.com
Venture capitalist Marc Andreessen has stated that generative AI is creating a job boom rather than eliminating jobs as previously feared. Tech companies, including OpenAI and Google, are hiring thousands of highly educated workers to help solve a major bottleneck in the development of AI models, which is the lack of new, quality human data. Andreessen suggests that the solution is to hire humans to generate new knowledge for AI model training.

Despite using all human data from the internet and building large, costly clusters of GPUs to train AI models, companies are struggling to improve their next AI models. This is due to the limitation of available human-generated training data. Andreessen and his co-founder, Ben Horowitz, find irony in the situation as the AI industry, which was feared to cause unemployment, is now experiencing a hiring boom.

Key takeaways:

  • Generative AI is creating a job boom rather than eliminating jobs, as per venture capitalist Marc Andreessen.
  • Companies like OpenAI and Google are hiring thousands of highly educated workers to help overcome a bottleneck in AI model development.
  • There's a scarcity of new, quality human data to use for training AI models, leading to a 'worrying wall' in their development.
  • One solution is to hire humans to generate new knowledge for the AI model training process, leading to an AI hiring boom, particularly in professions like programming, medicine, and law.
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