The Impending Impact of AGI and Productivity on Job Market

The speed at which AGI is advancing is both awe-inspiring and terrifying. It is difficult to determine the exact timeline for AGI, but it will undoubtedly bring about a significant change within a short period of time. As of now, it is evident that companies are not hiring the same number of graduates as before due to the increase in productivity. This trend is observed across various knowledge industries, where automation and AI are replacing the need for human workers. This poses a major societal challenge, as highly educated individuals will face a decrease in job opportunities worldwide. To address this issue, open innovation and generative jobs through open source technology could be potential solutions to mitigate the impending impact of AGI and productivity on the job market.