Big Technology Podcast Will AI Really Take Our Jobs? And If So, Then What? — With Albert Wenger
Jan 10, 2024
Albert Wenger, a partner at Union Square Ventures and author of The World After Capital, dives into the tumultuous relationship between AI and employment. He argues that job loss due to automation is imminent, challenging more optimistic views. The discussion highlights the risks posed to job security, particularly in tech. Wenger also shares insights from his UBI experiment, painting a picture of how such measures could reshape our economy and support those displaced by technology. Tune in for thought-provoking insights on the future of work!
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Episode notes
Automation's Historical Benefit
- Automation has historically benefited humanity, freeing people from agricultural labor.
- The challenge lies in distributing the benefits of AI broadly to mitigate fear and foster excitement.
Freelance Copy Editing Wages
- A Financial Times study showed decreased freelance copy editing wages since ChatGPT's release.
- This suggests AI's potential impact on specific job markets, particularly in content creation.
Augmentation vs. Replacement
- The "augmentation vs. replacement" debate is misleading, as even augmentation can reduce overall job demand.
- A lawyer aided by AI might need fewer junior lawyers, impacting the job market.
