As AI continues to develop and reach new peaks in sophistication, there’s a growing possibility that jobs may be at risk, due to ongoing concerns about privacy and security. The technology is continually enhancing its skills for performing routine and repetitive tasks, which makes it increasingly attractive for businesses to use it as a tool for automating certain tasks, with the intention of boosting productivity and efficiency levels.
In the early part of this year, the co-founder of Microsoft, Bill Gates, predicted that artificial intelligence could take over a majority of jobs. Yet, he emphasized that humans will hold the power to decide which tasks should be kept solely for human endeavors. Even in jest, the philanthropic billionaire stated that nobody would want computers to play baseball.
According to Gates, he predicted that three careers will persist even amidst the advancement of artificial intelligence: energy experts, biologists, and programmers. He believes that these jobs are so intricate that they can’t be entirely automated by AI. He emphasized that human involvement is essential for detecting critical mistakes and more.
Instead of working, people might be supported financially through a universal basic income system, as suggested by Miles Brundage, a former researcher at OpenAI. This approach is proposed to ease the employment changes brought on by artificial intelligence, according to Business Insider.
A universal basic income (UBI) refers to a system where the government distributes a fixed sum of money to each individual on a regular basis, typically monthly, aimed at helping people meet their essential needs. The amount may range from $500 to $1,500. In simpler terms, it’s like everyone receiving a set financial support from the government every month to help cover their basic expenses.
According to the executive:
It’s likely that a much more substantial Universal Basic Income (UBI) trial than what has been implemented previously, such as providing $10,000 per month instead of the current $1,000, would reveal significant impacts. While $1,000 per month aligns with potential policy considerations today, $10,000 per month might be a reality in policy-making within a few years due to advancements in AI and economic growth.
Among several staff members, Brundage is one who has left OpenAI, a decision possibly triggered by the scandal resulting in Sam Altman’s removal as CEO and allegations suggesting the company may have been giving more attention to developing attractive technologies such as Artificial General Intelligence (AGI), compared to ensuring safety measures.
In a farewell blog post, the previous head of AGI (Artificial General Intelligence) Readiness at OpenAI expressed worries about how AI might affect employment.
In the short term, I have concerns about AI potentially eliminating jobs for those who need employment, but it’s also valid to believe that we should ultimately free people from the necessity of working for a living. This perspective is indeed one of the most compelling reasons for developing AI and Artificial General Intelligence (AGI) in the first place.
OpenAI AGI Readiness lead, Miles Brundage
This new development arrives at a time when job applicants and professionals are increasingly feeling anxious due to escalating tension. Recently, Jad Tarifi, a member of Google’s pioneering GenAI team, suggested that it may be more advantageous to live and engage with friends instead of pursuing a PhD. In fact, Tarifi stated that “AI will likely no longer exist by the time you complete your PhD.
In other places, Dario Amodei, CEO of Anthropic, stated that Artificial Intelligence could potentially eliminate up to half of all entry-level white collar jobs, creating a challenge for Gen Z individuals as they seek employment opportunities upon graduating from their studies.
A Universal Basic Income plan in more than welcome
It appears that every significant tech company is eagerly jumping on the AI bandwagon. Notably, the CEO of Anthropic, Dario Amodei, has acknowledged that they don’t fully comprehend the inner workings of their AI models. However, there are growing worries that this technology could potentially result in catastrophic outcomes.
In the previous year, Elon Musk foresaw that Artificial Intelligence could potentially replace many jobs, thereby transforming work into an activity people might choose to engage in rather than a necessity.
The wealthy individual proposed that the government consider implementing a universal income strategy as a solution to address some of the issues related to artificial intelligence disrupting the job market. By doing so, it would ensure that essentials and basic necessities remain accessible for everyone, whether or not they currently hold employment.
Even the CEO of Microsoft’s AI division, Mustafa Suleyman, envisions a different future with AI playing a leading role. Instead of Universal Basic Income (UBI), this executive suggests that AI may usher in Universal Basic Provisions (UBP), where intellectual abundance functions as the new currency, replacing traditional money.
As a money enthusiast, I’d say that while hard cash remains essential for everyday transactions, the immense power of intelligence could significantly boost our wealth. This shift could potentially diminish the allure of money itself, as we become richer in experiences and knowledge.
What do you think about artificial intelligence leading to job displacement, and whether universal basic income could be a practical solution?
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2025-08-26 14:40