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Will AI take our jobs? That's what everyone is talking about at Davos right now

Jan 18, 2024 - theregister.com
The future of generative AI and its potential impact on employment was a key topic at this year's World Economic Forum in Davos. While OpenAI's CEO Sam Altman believes AI is currently a tool for productivity and not a threat to jobs, a PwC survey found 45% of CEOs believe their business models might not survive the rise of AI in the next decade. The International Monetary Fund predicted that up to 60% of jobs in developed countries could be impacted by AI, with half of these potentially benefiting from AI integration, while the other half could see reduced labor demand.

However, the accuracy of generative AI tools was also discussed, with Intel's CEO Pat Gelsinger stating that the technology needs to become more accurate to be useful. The speed of AI's progress and its potential disruption to people's livelihoods has led to divided opinions, with some warning of the disregard for human rights and social impact, while others, like Microsoft founder Bill Gates, believe AI will make workers more efficient and productive, allowing them to work less.

Key takeaways:

  • Generative AI is a major topic of discussion at this year's World Economic Forum, with leaders debating its potential impact on the future of employment.
  • OpenAI's CEO Sam Altman believes that AI is currently not a threat to jobs, but rather a tool that enhances productivity and allows humans to perform their tasks better.
  • A survey by PwC found that 45% of CEOs believe their business models might not survive in over ten years due to the rise of AI, while 60% expect it to make their companies more efficient.
  • While some believe AI will make workers more efficient and productive, others warn of its potential to disrupt livelihoods and its current lack of accuracy and reliability.
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