Geoffrey Hinton is known as the “Godfather of AI,” and he says big companies are betting on AI, causing massive job replacement because that's where the big money is going to be. According to Yahoo Finance, he states that believes these investment can only happen by destroying jobs and that the only way to make money is by replacing human labor.
Bob Maginnis, author of AI for Mankind's Future, says massive amounts of money are being invested to make AI work.
“We're talking hundreds of billions of dollars have been floating around, invested, reinvested. Governments have promised giant data centers which cost hundreds of billions of dollars, so we're talking trillions of dollars,” explains Maginnis.
He says the first jobs to be replaced will be those that require repetitive manual labor – factor workers. This is already being seen as Amazon, UPS, Meta, and Microsoft lay off employees, but professional jobs like doctors and engineers will be on the chopping block.
“If you're a lawyer, I would argue that a lot of lawyers are going to be jobless going forward because, if their job was to write legal briefs and the like, AI can do a much better job than they can,” says Maginnis.
Maginnis states that the jobs that will be the safest are ones that use skilled labor.
“The trades — you're always going to need plumbers. You're always going to need electricians. You're always going to need people that use the smarts they have and their hands,” states Maginnis.
He says that a glass half full kind of person might pay attention to the most successful entrepreneur in history.
“Elon Musk is taking a different position. He's very optimistic about being able to advance the technology in ways that's going to improve all of our lives and going to spare us a lot of heartache,” says Maginnis.
