Artificial Intelligence (AI) Use Cases and Applications – Intel
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NFR AI - How It Will Affect Jobs In The Next 5 years
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Elon Musk did not become the worlds richest man by accident, and his words carry weight:
"Elon Musk believes a universal living fund, which he often refers to as "universal high income" (UHI), will become an inevitable necessity due to the rise of artificial intelligence (AI) and automation. He argues that as machines replace human labor in nearly all jobs, a new system for wealth distribution will be required to prevent mass unemployment and societal upheaval."
The counter argument is that a largely subsidized population = very little consumer disposable income = loss of income to the profitable companies who rely on consumer spending.
And considering high job loss = politicians booted out of office by a pissed off electorate, the future promises to be one hell of a street fight.
"Elon Musk believes a universal living fund, which he often refers to as "universal high income" (UHI), will become an inevitable necessity due to the rise of artificial intelligence (AI) and automation. He argues that as machines replace human labor in nearly all jobs, a new system for wealth distribution will be required to prevent mass unemployment and societal upheaval."
The counter argument is that a largely subsidized population = very little consumer disposable income = loss of income to the profitable companies who rely on consumer spending.
And considering high job loss = politicians booted out of office by a pissed off electorate, the future promises to be one hell of a street fight.
Completely Agree!
The problem i see is what jobs will there be in 5 years when no one, or very few, understand the capabilities of AI?
There is some discussion on Gen2 of AI will be totally different in a couple of years.
Things are moving so fast right now.
Interesting quote - truly. For example, with the cutbacks in medical research and advanced nursing degrees no longer considered a professional degree , a lot of gray areas. Not sure where they fall within that. Strange times.
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Not wanting to be political, but that last part re. nursing is an absolute outrage, hopefully it will not stand long.
Rob Allen
Life of the Party
I think the real danger of Ai is not to the job market at least in the long run short term job losses seem likely.
A much greater threat of Ai is going to come on the moral/ societal front. Especially when Ai models and realistic human robotics merge. People will flee traditional relationships for their perfect Ai partner.
However there may be a bright side to this too. Maybe when people start "killing" their perfect AI partners people will come to see that the biggest cause of their problems in their lives are themselves. I'll be towards the end of my life when that begins to occur. It's my understanding that AI and robotics both have a ways to go and that there are some big hurdles in the combining of the two technologies. But I fully believe there will be a huge demand for it when it arrives.
Sorry for the rant.
A much greater threat of Ai is going to come on the moral/ societal front. Especially when Ai models and realistic human robotics merge. People will flee traditional relationships for their perfect Ai partner.
However there may be a bright side to this too. Maybe when people start "killing" their perfect AI partners people will come to see that the biggest cause of their problems in their lives are themselves. I'll be towards the end of my life when that begins to occur. It's my understanding that AI and robotics both have a ways to go and that there are some big hurdles in the combining of the two technologies. But I fully believe there will be a huge demand for it when it arrives.
Sorry for the rant.
College grads face one of the toughest job markets in a decade — ‘Right now is a really difficult time to find a job,’ expert says:
College grads face one of the toughest job markets in a decade — 'Right now is a really difficult time to find a job,' expert says
This year, those armed with a newly minted diploma face one of the toughest job markets in a decade.
www.cnbc.com
goes hand in hand with the age of the average first time home buyer in the US now an astonishing 40 years old.College grads face one of the toughest job markets in a decade — ‘Right now is a really difficult time to find a job,’ expert says:
College grads face one of the toughest job markets in a decade — 'Right now is a really difficult time to find a job,' expert says
This year, those armed with a newly minted diploma face one of the toughest job markets in a decade.
Part this from mega rich investment companies buying up new home developments in hot housing markets, turning them into rentals which drives up average home prices due to inventory scarcity, and then once those houses have been fully tax advantage depreciated, selling them for a large profit in the inflated housing market they helped to create.
Everything is linked...those young adults having a hard time finding jobs means they will not be contributing to the national Social Security and Medicare funds, which will accelerate those funds inability to payout per schedules.
Which causes the next wave of retirees to have their retirement age pushed out for payouts that will be reduced from what it would have been in previous decades.
And reduced Medicare funds means higher annual charges to be in the pool as well as higher deductibles.
And of course instead of creating solutions, the blame game will just become higher pitched.
@SurfnFish Let's not forget Medicare Part B premiums just went up 10% for 2026
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Fourbtgait
Life of the Party
My wife enjoys AI such as Chatgpt.
Today she took screenshots of 4 different desert recipes to make. Gave Chatgpt the photos, asked for a grocery list. Said list was very specific, like total 4 eggs, etc. So then told it to round up to quantities sold in stores.
Then told it to price it out for our location. $90-$100.
Hmmmm
Today she took screenshots of 4 different desert recipes to make. Gave Chatgpt the photos, asked for a grocery list. Said list was very specific, like total 4 eggs, etc. So then told it to round up to quantities sold in stores.
Then told it to price it out for our location. $90-$100.
Hmmmm
x2....as have Medigap policies. We have a premium Medigap policy (United Healthcare through AARP), and have watched our premiums rise in the past decade from $250 apiece per month to the new rate of $400 per, and will continue to go up as we age due to expected utilization. So our health insurance costs for just coverage will be $1200 a month starting 1/26.
Each year we send billions in our tax dollars to other countries, while affordable healthcare in our own country remains viewed as an unfair burden instead of a right.
Rob Allen
Life of the Party
Funny how the deeper the pockets that are paying for something the more expensive it gets.
I think an even bigger threat of AI is manipulating our thoughts. AI is already very good at interpreting brain waves to detect what someone is about to say or do, before that impulse reaches the conscious level. Couple that with being able to read brain waves from a distance, and an AI would know what we are thinking before we do and could craft perfectly persuasive individualized ads or propaganda.
fatbillybob
Steelhead
We are already seeing the devaluation of the college degree. Many kids come out of school without jobs. There was a time the simple BS degree opened doors and got you jobs. A decade back or so there was an article that compared the elevator repair man to the college degree guy. It took 10 years post grad for the college degree man to catch up and out earn the elevator repair man. Arguably if my option was to send my kid to private college and maybe a master's degree at perhaps $1/2 million over 4-6years vs. setting him up in a plumbing or electrical contracting business with the same dollar investment there is no question owning the business will win. With AI those trades will be still be viable and probably assist the tradesmen rather than replace him because at the end of the day AI isn't going to wire nut those wires or snake that toilet. The key to living with AI is to have your head out of your phone planning your next move instead of waiting to make a move. Each generation of old people have no clue how young people are going to thrive but they do. Old people have this thing about work place age discrimination but it is really about old people are just out of touch with how business is being done now.
I'm reminded of Charlie Bucket's dad in Willy Wonka... He was fired from a menial job in a factory and replaced with a robot, only to be hired back (at a much higher wage) to repair the same robot.
This is only partially meant in jest. I believe there will always be a need for skilled humans to do non-repetitive tasks, like fixing things that break or break down.
Irrespective of the precision and intelligence of machines that design and build any type of widget, humans with profit motives are going to make decisions that will impact longevity and reliability of those widgets.
This is only partially meant in jest. I believe there will always be a need for skilled humans to do non-repetitive tasks, like fixing things that break or break down.
Irrespective of the precision and intelligence of machines that design and build any type of widget, humans with profit motives are going to make decisions that will impact longevity and reliability of those widgets.
AI will replace many repetitive, menial, entry-level jobs. It already is... Entry-level jobs also provide that base to launch from. That is very important IMHO. Those are also being impacted by AI.
AI is fast becoming our research tool of choice.
One of my concerns it will affect our younger generations critical thinking skills. Take the easy way out using AI or develop problem solving methodologies and question the 'status quo' to come up with new and better products and solutions. Colleges and entry-level jobs help hone them, hopefully.
Innovation is key to making our world a better place.
AI is fast becoming our research tool of choice.
One of my concerns it will affect our younger generations critical thinking skills. Take the easy way out using AI or develop problem solving methodologies and question the 'status quo' to come up with new and better products and solutions. Colleges and entry-level jobs help hone them, hopefully.
Innovation is key to making our world a better place.
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