AI is About to Unleash Massive Unemployment

 It’s going to happen.  Maybe 5 years, 10 yrs?  But it’s going to happen.  Super intelligence created by AI will begin replacing lots of workers and create massive unemployment.  So what do we do?  How will we “fix” this?  People without jobs are not good for society.  He says we need to start figuring out HOW we are going to deal with this because it’s coming.

To me it sounds like one more sign pointing to the final 7 years of life under the Antichrist system.  The Bible tells us that men will be working all day just to make enough money to buy food for one more day.  If AI takes the good paying jobs of millions, this could lead the world to this doorstep.

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One of the most prominent pioneers of artificial intelligence has some grim predictions about what the technology he created is soon going to unleash onto humankind.

Geoffrey Hinton, the Nobel Prize-winning scientist whose work on neural networks earned him the title of "Godfather of AI," suggested in an interview with the Financial Times that tech CEOs who preach positive outcomes for the future of AI are deluding themselves and others.

"What’s actually going to happen is rich people are going to use AI to replace workers," Hinton told the FT. "It’s going to create massive unemployment and a huge rise in profits. It will make a few people much richer and most people poorer."

"That’s not AI’s fault," he continued. "That is the capitalist system."

The former Google Brain team leader — who left the company in 2023 and began making chilling premonitions about the future of AI — didn't provide any estimates about when this shift might happen. It's stark to imagine a world where more people are being replaced with AI, because that very much is already happening, though those layoffs haven't yet resulted in the profit boon that companies desire.

Although OpenAI CEO Sam Altman and his ilk have, as the FT notes, suggested introducing a universal basic income (UBI) to counteract AI-induced unemployment, Hinton claimed that such a stopgap "won’t deal with human dignity" and the loss of purpose people may experience without work.

Though timelines for this jobs armageddon weren't provided, Hinton did put dates to another forthcoming AI revolution: when the technology could become superintelligent, able to out-think even the cleverest humans.

"A lot of scientists agree between five and 20 years," he said. "That’s the best bet."

Like most of his peers in the AI world, Hinton considers superintelligence an inevitability. When asked how younger generations can stay positive in the face of such a swiftly-approaching paradigm shift, he rejected calls for calm.

"I’m tempted to say, 'Why should [younger people] stay positive?'" he mused. "Maybe they would do more if they weren’t so positive."

"Suppose there was an alien invasion you could see with a telescope that would arrive in 10 years, would you be saying 'How do we stay positive?' No, you’d be saying, 'How on earth are we going to deal with this?'" Hinton continued. "If staying positive means pretending it's not going to happen, then people shouldn't stay positive."

https://futurism.com/godfather-of-ai-unemployment