when I think of the biggest risk of AI I

think that the biggest risk is the

disruption to jobs in case you don't

know who that is and juning is the

globally recognized leader in AI the

founder of deeplearning.ai founder and

CEO of Landing AI General partner at AI

fund chairman and co-founder of corsera

and an adun professor at Stanford

University's computer science department

basically this guy knows his AI stuff

yes there will be lots of impact on jobs

as Andrew alluded to jobs that are

transformed jobs that are lost

artificial intelligence could replace

Millions the tool says AI will replace

4.8 million American jobs but by the end

of this video you will feel

inspired this is a paper from the

University of Pennsylvania in

collaboration with some people at open

Ai and it analyzes the impact of AI

automation on different jobs the

specific goal of this paper is to look

at the impacts of artificial

intelligence specifically large language

models on the US Labor Force whereas the

previous wave of automation the most

exposed jobs were often the lower wage

jobs you know we put robots into

factories with this current wave of

automation is actually the higherway

shops further to the right of the axis

that seems to have more of their task

exposed to AI ultimation let's take a

deeper dive into the paper they

basically take the jobs and a task

associated with the job and then get

both human Raiders as well as gp4 to

assess what level of automation is

affected so for example if you have

acute care nurses the work activities

they would do would include operating

diagnostic or therapeutic medical

instruments or equipment preparing

medical supplies or equipment to use so

they would give this information to

train human Raiders as well GPT 4 and

ask it how much will AI impact the

things that these people do before I

dive into these findings to really

appreciate what it all means we first

need to take a step back and look into

the past where similar things have have

occurred and what happened afterwards

every business no matter how large and

no matter how small will be on the

internet in the year 2000 these

groundbreaking Technologies they're

called general purpose Technologies and

they are characterized largely by four

things widespread proliferation of usage

continuous Improvement generation of

complimentary Innovations where people

take that technology and then build upon

it and massive disruption to both the

labor force and society as a whole let's

look as examples the printing press

before the printing press books articles

things like that they were not widely

available and they're considered very

precious so they depended on a small

number of people who would read and then

tell everybody else uh what it is that

was on the paper now with the invention

of the printing press and specifically

the glutenberg press in the mid-5th

century all of this changed the way that

it worked is that they would carve out

individual letters and numbers and being

able to rearrange them and dramatically

increase the speed at which things can

be printed this was a revolutionary

Discovery and suddenly people had access

to written text people started being

able to read things to understand things

to think things and this led to things

like the Renaissance the reformation and

countless revolutions so while this

technology enabled a lot of new

developments it also caused Great

displacements in the labor force

suddenly there was not really any need

for scribes and manuscript copiers there

wasn't any need for people who would

decorate these books and parchment and

vellum produc which is the skin of

animals that people would write on

because the printing press worked much

better on

paper before the steam engine was

invented people were born they would

Farm raise their animals get married and

do all those things and eventually die

all within a very small amount of space

and if you're lucky you might have some

hor drawn carriages or cows that were

able to carry you to different places

people were essentially bound to their

location but around around the Turning

of the century of the 18th century there

was a guy called Nicholas Joseph cogno

he built a steam powered contraption

that allowed him to move at 2 mph this

was very clunky and very

expensive then in 1863 there was a

Belgian inventor by the name of Ian

lenois who made the first combustion

engine that allowed him to travel 7 mph

wow people tinkered around with it and

finally it was James watt that perfected

the steam engine and this was

revolutionary because that was the

foundation that was needed to start the

Industrial Revolution and on the

transportation side this led to the

first gas-based engine which eventually

evolve into the cars that you see all

around you

everywhere but at the same time there

was massive disruption to the labor

force the Advent of steam powered

Machinery task like plowing and

threshing became more efficient so there

was less need for agricultureal workers

before the railway existed goods were

often transported via rivers and

different canals requiring boatmen and

watermen but now that there's a railway

there's no need for that anymore a lot

of Craftsmen and Artisans also lost

their jobs with the rise of factories

and mass production techniques so you

probably get the point now there's

something that's being invented that

dramatically changes how it is that

people live like all the things around

them and with that there's a disruption

to the current status quo including the

labor market with the invention of

electricity in the 18th and 19th century

there is no more need for so much candl

light people were able to stay up later

during the night and come up with more

things there's water and plumbing now

and refrigerator so there's no more need

for the Milkman or the ice cutter

perhaps you watching this has gone

through the time in which the internet

didn't exist You've Got Mail finally now

in the 21st century this new technology

this new innovation is artificial

intelligence and here are the jobs that

the research believe will be the most

highly impacted interpreters and

translators at around 76% exposure

survey researchers at 75% exposure poets

lyricists and creative writers around

68.8% animal scientists at

66.7% and public relations specialists

at

66.7% though this is on the conservative

side it looks like there's also going to

be a decline on web and digital

interface designers blockchain engineers

and mathematicians so traditionally

pretty high paying jobs they also found

that the importance of Science and

critical thinking skills are strongly

negatively associated with exposure so

basically saying that occupations

requiring these skills are less likely

to be impacted by current large language

models while on the other hand skills

like programming and writing um show a

strong positive association with

exposure so implying that these

occupations that involve these skills

are more susceptible to being impacted

by large language models so there you go

those are the predictions and why these

numbers are so big in terms of exposure

the reason is because um it's not just

the base technology of AI that's going

to be impacting these jobs and these

skill sets it's the fact that there's

going to be a lot of Technologies like

softwares and apps and stuff that are

built on top of these AI technologies

that will have massive impact in

specific domains so in the beginning of

this video I said that you will leave

this video feeling inspired so how can

you feel inspired knowing that there

will be loss of jobs

as you notice with these innovations

that came about there were so many

improvements in quality of life and new

things that were being formed from these

based Technologies these general purpose

Technologies overall our quality of life

has increased with each of these new

technologies that have come out and with

that new jobs that are formed with steam

engines that are invented there's now

Railway workers Engineers steamship

workers and transport and Logistics with

the of electricity electrical engineers

electricians power plant operators and

electrical tool manufacturers with the

computer and the internet software

Engineers data Engineers data scientists

data analysts Ecommerce cyber security

and my job right now content creator

with AI there will be and in fact there

already is a similar Trend prompt

engineer AI developer in fact the title

of Andrew ning's talk is opportunities

in AI Andrew talks about all the

different types of technologies that are

being developed on top of AI

traditionally speaking these

Technologies were so expensive and so

complex that only the biggest companies

were able to use them but there's a long

tale to this there's billion dooll

Industries but there's also like $100

million Industries $10 million $1

million Industries and now people are

empowered to develop for these

industries as well for example someone

might be running a small mom and pop

pizza shop they can have an AI power

tool that can take orders for them and

in a year they could be saving a few

thousand that might not sound like a lot

of money but to that store that's

significant now extrapolating that to

the pizza stores around the country

around the world that might not be a$1

billion industry but that could be a$

1010 million industry where now people

can improve their livelihoods I also

want to make a note that these

Transformations don't just happen by

themselves and it doesn't happen

overnight armar ra is a company that we

built with the former CEO of Tinder and

with my my team's expertise in Ai and

her expertise in relationships were're

able to build something pretty unique

you are someone that can build something

on top of the AI technology to improve

one or more of these industries a large

Japanese conglomerate called mitu they

came to me and they said hey Andrew you

should build the business to use AI to

make ships more fuel efficient be

someone that Embraces that change that

uses that change cuz that technology

it's not going to go away and that

change is going to happen whether you

like it or not so why not be proactive

learn adapt and harness its powers for

those interested in Humanities and maybe

politics be that person who is going to

be influencing policy makers on how

these Technologies should be used in the

end technology is just technology it is

not good and it is not evil it is up to

us to decide how it's going to be used

and there is so much opportunity to be

part of that all right I hope this video

is helpful please leave in the comments

what your thoughts are where you think

you could be providing value what you

want to learn how do you want to be part

of this conversation and I will see you

guys in next video or live stream