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Billionaire tech CEO says bosses shouldn't 'BS' employees about the impact AI will have on jobs (www.cnbc.com)

submitted 1 month ago by [email protected] to c/[email protected]

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Jim Kavanaugh, CEO of World Wide Technology, told CNBC that people are “too smart” to accept artificial intelligence won’t alter their work environment.
Business leaders shouldn’t “BS” employees about the impact of AI on jobs, Kavanaugh said, adding that they should be as transparent and honest as possible.
Kavanaugh, who has a net worth of $7 billion, stressed that overall he’s an optimist when it comes to AI and its ability to improve productivity.

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[–] [email protected] 1 points 1 month ago (1 children)

Less people will be starving in 2-3 years with every meaningful advance in tech. Progress makes the world a better place at every level of the ladder.

It’s easy to hide behind simple statistics and I’m with you in the beginningAI can help increase efficiency to bring overall more people out of survival poverty. That’s excellent.

However, we’ve seen in the US at least, that the last decade or two of economic progress has been marked by an increase in service level jobs. Looking just slightly deeper shows us a decrease in solid middle class jobs, a decrease in typical income, a huge portion of people are worse off even if some overall stats are better. Then what happens if ai replaces driving and warehouse people and fast food? What’s left?

[–] [email protected] 0 points 1 month ago

The last decade has been those "middle class" jobs moving to China/India and providing way more of them with jobs that pull them from starving to not starving.

You can debate policy stuff of offshoring and whatever, but globalization isn't removing jobs. It's moving them. It's completely separate from technology making labor more efficient.