NFR AI - How It Will Affect Jobs In The Next 5 years

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AI will have a huge impact on productivity in many parts of our society. A number of areas/cases have been addressed above. In many cases a very good thing. It will also change the dynamics of what is required for employment. Society has been through these changes before, and what has evolved is better for society.

My concern is that AI is based on LLM - stuff already known. How will AI support the creativity and help solve the unknowing since it does not exist? Entrepreneurs and small businesses are those who identify opportunities, take initiative, and assume the risks of launching, organizing, and managing innovations. They drive economic growth, create jobs, and often introduce new products or services to the market. Key skills include risk-taking, vision, resilience, leadership, and financial management.

How will the 'small guy' be able to exist in this revolution currently underway? Middle class is on the way out. Are small businesses next?
 
Whereas in the past every breakthrough in technology up to now has become a job creator, AI and robotics will permanently remove jobs from the work place, exemplified by the 40% drop in entry level white collar job openings during the past year and a half, jobs typically targeted by college graduates.
The mantra of recent decades that a college education = gainful employment is being disrupted, which is why the primary concern among college students today is will their field of study present them with employment opportunities after graduation.
 
Dare I mention the use of AI and the increase in jobs using it, for nefarious purposes? Most posts have been about job loss. I think AI is more worrisome in regards to the way certain agencies are using it, all the while restricting states from making laws to control it.
 
RCF said:
Interesting:

www.cnbc.com

BlackRock CEO says AI could increase wealth inequality—an economist explains how to make the tech 'a powerful ally'

AI is disrupting labor markets, but it can also be "a rising tide that lifts all boats" if workers embrace it with support from employers, says MIT economist.
www.cnbc.com www.cnbc.com
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The statement "could increase wealth inequality" is pretty funny. It will.

The transition will be difficult, particularly if it is not perceived to be fair.

It could come that lots of people will have a "base income" and that alone. There will be people "still working" and being human they are not going to be happy about having the same "base income" as those "not working".

I haven't found much thought or discussion on that subject.

I traveled in the Soviet Union in the 1970's. Most people had a "base income". That is everybody was dirt poor, except for the elites ruling the country. It was incredible with stores ONLY open to certain party members, other stores with special shopping hours for party members, and on it went.

The wealth inequality was much, much larger than in the US at the time. In my view, it is the primary reason the Soviet Union collapsed.

The Saudi's and some other oil rich Arab governments have come close to where their citizens do not have to work. All the awful work is done by guest workers, which I guess under AI would be robots and AI.

Anybody know of any books or articles on how the Saudi's deal with the "excess" wealth???
 
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Fourbtgait said:
Dare I mention the use of AI and the increase in jobs using it, for nefarious purposes? Most posts have been about job loss. I think AI is more worrisome in regards to the way certain agencies are using it, all the while restricting states from making laws to control it.
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That is why I referred to guard rails above.

Having worked in the Defense industry for most of my career, I have come to the conclusion that if you think it could be used,, I bet it has been in use by them for at least the last 10 years.

The government paid for it and only recently transferred the technology to the public arena.
 
RCF said:
That is why I referred to guard rails above.

Having worked in the Defense industry for most of my career, I have come to the conclusion that if you think it could be used,, I bet it has been in use by them for at least the last 10 years.

The government paid for it and only recently transferred the technology to the public arena.
Click to expand...
But people either don’t understand the breadth or depth, or choose to ignore it.
 
Also you're seeing guys committing hard into the restraunt provider scene. Becoming RESTRAUNT PROVIDERS in the middle texas restraunt industry. Word got out mid 90s!!!!!

Suddenly you got guys going haywire financially. Guys start blasting out of the training programs making several HUNDRED GRAND!!!!! If you weren't in the Restraunt Provider Pipeline by 2008 it was too late!! Nothin you can do about it now!!!!
 
Fourbtgait said:
But people either don’t understand the breadth or depth, or choose to ignore it.
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The people that understand it can not talk about it. The companies involved in it can not disclose what they know.

The consultants hired by Congress to write the laws are the same people/companies discussed above.
 
RCF said:
The people that understand it can not talk about it. The companies involved in it can not disclose what they know.

The consultants hired by Congress to write the laws are the same people/companies discussed above.
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True, but certain budget documents offer insight to an extent. But that’s the same with military programs, only the black budgets are not open to review
 
From a News article:
Several companies have already announced impending layoffs for early 2026, and workers from the tech to retail sectors are set to be impacted.

According to the most recent WARNTracker information, Nordstrom Card Services is set to let go of between 11 and 15 employees in late February. But other companies are trimming their headcounts as well as artificial intelligence and market changes impact operations.
 
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