March 7th, during an interview with Fortune magazine, OpenAI Early institutional investor, billionaire Vinod KosraVinod Khosla) Throws amazing predictions:Today, 5-year-olds will no longer have to work for survival as adults。
Vinod Khosla, source: WikiMedia
CITING BOVEN, KOSRA STATED THAT ARTIFICIAL INTELLIGENCE WOULD IN THE FUTURE BE CAPABLE OF PERFORMING 80% JOBS, RANGING FROM PHYSICIANS, RADIOLOGISTS TO ACCOUNTANTS AND SALESMEN, AND THAT SUCH LARGE-SCALE AI REPLACEMENTS WOULD DIRECTLY REDUCE LABOUR COSTS TO ZERO. AS A RESULT, THE YOUNGER GENERATION DOES NOT HAVE TO APPLY FOR A UNIVERSITY DEGREE IN THE FUTURE IN ORDER TO FIND A JOB OR EVEN A JOB AT ALL。
The sharp fall in labour costs will completely reshape the economic landscape. Kosra predicts that over the next 10 years 1 billion double-foot robots will be in operation, and cheap, automated labour will significantly lower production costs and drive society into a deflationary economy。
HE STRESSED THAT GOODS AND SERVICES WOULD THEN BECOME EXTREMELY RICH AND CHEAP. BY 2040, THE PURCHASING POWER OF $10,000 TO $30,000 WOULD HAVE EXCEEDED THE CURRENT LEVEL OF $100,000. IN THIS CONTEXT, THE US $15 TRILLION OF GDP COULD BE "DISAPPEARED" AND GDP WOULD NO LONGER BE A CENTRAL INDICATOR OF ECONOMIC SUCCESS。
KOSRA ADDED THAT BEFORE AI TAKES OVER MOST OF THE WORK, SOCIETY WILL GO THROUGH A TRANSITION PERIOD: HUMAN PROFESSIONALS WILL LEAD “AI INTERNS” AND TRAIN THEM TO FINISH THEIR PROFESSIONAL WORK INDEPENDENTLY. IN THE FUTURE, IN ADDITION TO AREAS WHERE THERE IS A STRONG NEED FOR EXPERTISE, SUCH AS CARDIOSURGERY, GENERAL EDUCATION WILL BE COMPLETELY FREE, AND DIPLOMAS SUCH AS ENGINEERING WILL NO LONGER BE NEEDED FOR SURVIVAL, AND PEOPLE WILL STUDY SIMPLY BECAUSE OF “LOVE”。