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AI Visionary Says Artificial General Intelligence Can Take Away 80% of Human Jobs

May 9, 2023
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AI Visionary Says Artificial General Intelligence Can Take Away 80% of Human Jobs
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A top AI researcher has said artificial intelligence could replace 80 percent of human jobs in the future. According to US-Brazilian researcher Ben Goertzel, artificial general intelligence (AGI) is “just years away” from disrupting the world as we know it now.

“If we want machines to really be as smart as people and to be as agile in dealing with the unknown, then they need to be able to take big leaps beyond their training and programming. And we’re not there yet. But I think there’s reason to believe we’re years rather than decades from getting there, Goertzel said, according to Agence France-Presse.

Dr. Ben Goertzel
Wikimedia Commons / Raj Dye

Who is Goertzel?

Goertzel, a cognitive scientist and artificial intelligence researcher founded SingularityNET, which is doing research in AGI. He is a Brazilian-American with Jewish heritage. He graduated from Bard College at Simon’s Rock in Quantitative Studies. SingularityNET works in the field of combining artificial intelligence and blockchain, with an aim to ‘democratizing access to artificial intelligence’.

What is AGI?

AGI visualizes the ability of algorithms to do most of the human tasks in a better way. As per Microsoft Research, with GPT-4, AI will hit the level when it can accomplish this task. This is how Wired describes AGI. “No concrete definition of the term exists. So, how do these researchers describe it? They focus on the algorithm doing better than most humans at standardized tests, like the bar exam. They also focus on the wide variety of stuff the algorithm can do, from simplistic drawing to complex coding.”

Artificial Intelligence
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What is Goertzel Saying?

Goertzel says that ChatGPT itself may not take away a large chunk of the human jobs, but the systems that will emerge in the future will definitely do so. “You could probably obsolete maybe 80 percent of jobs that people do, without having an AGI, by my guess. Not with ChatGPT exactly as a product. But with systems of that nature, which are going to follow in the next few years,” he says.

He also believes that this will in a way help the humans. IN his view, when AGI takes over, people will be able to do better things in life than work for a living. However, in the immediate aftermath, there will be some element of social strife to account for. “The problem I see is in the interim period, when AIs are obsoleting one human job after another… I don’t know how (to) solve all the social issues,” he says.

ChatGPT
ChatGPT
IANS

What are the Limitations of AI Systems Now?

According to Goertzel, though the current AI systems are great, they have specific limitations as well. “These are very interesting AI systems, but they’re not capable of becoming like human level general intelligences, because they can’t do complex multi-stage reasoning, like you need to do science. They can’t invent wild new things outside the scope of their training data,” he says.

According to researchers, ChatGPT and similar advanced AI bots will replace humans in several jobs in the future. The following are some of them, as per a Yahoo Finance report.

1. Programming, Software Engineers : Tech jobs like web developers, computer programmers, data scientists and coders can be replaced by AI technologies. Madgavkar said ChatGPT can produce faster coding with relative accuracy than humans.

2. Media: AI tools can disrupt jobs in content creation. The expert highlighted that ChatGPT is able to read, write and understand text-based data. She explained that analyzing and interpreting vast amounts of language based data and information is a skill that one would expect AI technologies to ramp up on. As such, journalism, creative writing and technical writing jobs would be replaced. It should be noted that CNET, a tech news platform, used an AI tool like ChatGPT to write dozens of articles and BuzzFeed is set to use tech from the ChatGPT maker to generate new forms of content.

3. Legal Industry: Paralegals, legal assistants, and language-oriented roles are susceptible to automation. Madgavkar said data is quite structured, very language-oriented, and quite amendable to generative AI. But AI won’t be able to fully automate these jobs as it requires a degree of human judgment to understand what the client wants. “It’s like a bit of productivity boost that some of these occupations might get, because you can use tools that actually do it better,” Madgavkar said.

4. Market Research Analysts: A senior fellow at the Brookings Institute, Mark Muro believes market research jobs would be taken over by AI tools because artificial intelligence is good at analyzing data and predicting outcomes. Market research analysts collect data, identify trends within the data and use the results to create effective marketing campaigns. Muro said this can be handled well by AI.

5. Finance Jobs: These are mainly to do with number crunching. Jobs, such as financial analyst, and personal financial advisor that require manipulating significant amounts of numerical data can be affected by AI. Muro pointed out that AI can identify trends in the market, highlight what investments in a portfolio are doing better and worse, use various other forms of data and forecast a better investment mix.

6. Traders: Wall Street jobs can be replaced by AI as its all about data, figures and forecasts. This can be better done by AI than humans who are hired right out of college and take huge amounts of salary.

7. Teachers: After students used ChatGPT to cheat on their homework, Pengcheng Shi from Rochester Institute of Technology, believes teachers should worry about their jobs. He said ChatGPT can easily teach classes and it can be trained to do so, that is, after the tool has been improved ââ’¬” bugs and inaccuracies gotten rid off

8. Graphic Designers: AI is already being used to create and generate images. One good example is DALL-E. An article in Harvard Business Review stated that upskilling millions of people in their ability to create and manipulate images will have profound impact on the economy. “Recent advances in AI will usher in a period of hardship and economic pain for those whose jobs are directly impacted and who find it hard to adapt.”

9: Customer Service: Jobs in customer service will definitely be affected. Companies are already deployed automatic answering systems or Chatbots to direct calls and sort out matters.

10. Accountants: This profession also deals with number crunching and balance sheets which can be easily achieved by AI. Brett Caraway, associate professor with the Institute of Communication, Culture, Information and Technology at the University of Toronto, said technology hasn’t put everybody out of job yet, but it does put some people out of a job. He explained that it is something new and will be interesting to see how disruptive and painful it would be for employment and politics.

According to a survey, 51 percent of employers are considering cutting roles and looking to deploy ChatGPT in their marketing and PR departments. Furthermore, the recent layoffs in Google and Microsoft cited focus on AI and automation. There are also concerns about the loss of human touch. But then this is just the beginning, it’s yet to be seen how far robotics and AI will go.



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I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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