I think we're at an inflection point where AI will be doing a lot of the work, and the jobs of the future will be to figure out what we should build, what direction to point the AI, and how to verify that the AI has done the right thing. The people who do that best will capture an enormous amount of value.
The robots are going to do the things that we need to survive. And then humans get to do the things that we want to do. I don't know what that world looks like exactly, but it seems like a much better world than the current one where many people can't get great medical care, can't get great education, can't afford the things they need.
I think we may be approaching a moment where most physical goods become quite cheap. The reason for that is if you have abundant clean energy and you have robots that can do most of the tasks, then physical goods get very cheap. And then the question is what do you do with your time, and do you have good social systems in place?
Acharya argues that artificial intelligence is not simply another productivity tool, but a fundamentally new technology capable of performing work on behalf of people and organizations.
One of these days we think that we might reach what's called the chat GPT moment for humanoid robots. That's when you can give a humanoid robot pretty much any command under the sun. They will think how to fulfill the command and then they'll do it for you. And if we do ever get to that stage, um then we are in a very very different world.
The real worry I have is that AI is going to accelerate the rate of change in terms of the skills needed and the jobs that will be replaced faster than the social fabric can absorb. It's not that jobs won't be created. I actually think more jobs will be created. But the question is, will the pace of job creation keep up with the pace of job destruction?
This generation, especially, you really have to think about what you're going to do. Because if your plan is not future-proof, the world is going to eat you.
2mo ago
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