Philanthropist. Founder and former CEO of Microsoft.
You cross the threshold of job-replacement of certain activities all sort of at once. So, you know, warehouse work, driving, room cleanup, there’s quite a few things that are meaningful job categories that, certainly in the next 20 years [will go away].
AI and Automation Expert With 30 Yrs Experience
We are approaching the time when machines will be able to outperform humans at almost any task. Society needs to confront this question before it is upon us: if machines are capable of doing almost any work humans can do, what will humans do? A typical answer is that we will be free to pursue leisure activities. [But] I do not find the prospect of leisure-only life appealing. I believe that work i...See More
We have to make them [workers] more productive through automation, through tools. So I'm convinced that there is in fact going to be a jobs shortage. There is going to be jobs that are unfulfilled, and that the way we'll fill them is to take people plus computers, and the computers will make people smarter. If you make the people smarter, their wages go up. They don't go down, and the number of jo...See More
And then the jobless.... Is AI going to put everybody out of work? I am not worried about this. I find that people, all of us, I include myself, we are so unimaginative about what future jobs are going to look like and what they are going to be. Humans like to do things and we like to be productive and we will figure out things to do and we will use these tools to make ourselves more powerful. Wha...See More
Technology will continue to disrupt jobs, but more jobs seem likely to be created. When the world population was a few hundred million people there were hundreds of millions of jobs. Although there have always been unemployed people, when we reached a few billion people there were billions of jobs. There is no shortage of things that need to be done and that will not change.
Even if we have as many as 47% of jobs automated, this won’t translate into 47% unemployment. One reason is that we might just work a shorter week. That was the case in the Industrial Revolution. Before the Industrial Revolution, many worked 60 hours per week. After the Industrial Revolution, work reduced to around 40 hours per week. The same could happen with the unfolding AI Revolution.