{"id":1946255,"date":"2023-06-14T03:01:01","date_gmt":"2023-06-14T07:01:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/300-million-jobs-will-be-lost-degraded-by-artificial-intelligence-report-says\/"},"modified":"2023-06-14T03:03:45","modified_gmt":"2023-06-14T07:03:45","slug":"300-million-jobs-will-be-lost-degraded-by-artificial-intelligence-report-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/300-million-jobs-will-be-lost-degraded-by-artificial-intelligence-report-says\/","title":{"rendered":"AI to Cause Loss and Degradation of 300 Million Jobs, Report Warns."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2F300-million-jobs-will-be-lost-degraded-by-artificial-intelligence-report-says%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1946255&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The Devastating Effects of Artificial Intelligence: 300 Million Jobs at Risk<\/h2>\n<blockquote>\n<p><a href=\"https:\/\/www.dailywire.com\/topic\/artificial-intelligence\" target=\"_blank\" rel=\"noopener\">Artificial intelligence<\/a> (AI) might be all fun and games now, but the coming effects will be devastating, one <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/morgan-stanley-requests-employees-fulfill-diversity-quota-in-job-application-process\/\" title=\"Morgan Stanley Requests Employees Fulfill \u2018Diversity\u2019 Quota In Job Application Process\">top investment bank<\/a> says.<\/p>\n<\/blockquote>\n<p>Goldman Sachs <a href=\"https:\/\/www.key4biz.it\/wp-content\/uploads\/2023\/03\/Global-Economics-Analyst_-The-Potentially-Large-Effects-of-Artificial-Intelligence-on-Economic-Growth-Briggs_Kodnani.pdf\" target=\"_blank\" rel=\"noopener\">estimates<\/a> that 300 million jobs could be lost or diminished by the technology as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/300-million-jobs-will-be-lost-degraded-by-artificial-intelligence-report-says\/\" title=\"AI to Cause Loss and Degradation of 300 Million Jobs, Report Warns.\">automation renders human workers unnecessary<\/a>.<\/p>\n<blockquote>\n<p>\u201cIf generative AI delivers on its promised capabilities, the labor market could face significant disruption,\u201d the bank said in a recent report. \u201cUsing data on occupational tasks in both the US and Europe, we find that roughly two-thirds of current jobs are exposed to some degree of AI automation, and that generative AI could substitute up to one-fourth of current work.\u201d<\/p>\n<p>\u201cExtrapolating our estimates globally suggests that generative AI could expose the equivalent of 300mn full-time jobs to automation,\u201d the bank said.<\/p>\n<\/blockquote>\n<p>Since the report came out, others have chimed in to say <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/from-impeaching-incitement-to-canceling-conservatism\/\" title=\"From Impeaching Incitement to Canceling Conservatism\">artificial intelligence<\/a> may pose a greater threat to humanity. Last month, Google CEO Eric Schmidt warned that AI bring existential risks, adding that governments will need to step in to ensure technology is not \u201cmisused by evil people.\u201d<\/p>\n<h3>Existential Risks and the Future of AI<\/h3>\n<p>\u201cExistential risk is defined as many, many, many, many people harmed or killed,\u201d Schmidt said at The Wall Street Journal\u2019s CEO Council Summit in London, CNBC <a href=\"https:\/\/www.cnbc.com\/2023\/05\/24\/ai-poses-existential-risk-former-google-ceo-eric-schmidt-says.html\" target=\"_blank\" rel=\"noopener\">reported<\/a>.<\/p>\n<p>\u201cThere are scenarios not today, but reasonably soon, where these systems will be able to find zero-day exploits in cyber issues, or discover new kinds of biology. Now, this is fiction today, but its reasoning is likely to be true. And when that happens, we want to be ready to know how to make sure these things are not misused by evil people,\u201d he said.<\/p>\n<p>Meanwhile, Microsoft cofounder Bill Gates has warned that AI could take over search engines like Google if, as predicted, the behaviors of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/maybe-we-really-should-be-scared-to-death-of-artificial-intelligence\/\" title=\"AI: A Reason to Fear?\">users online change dramatically<\/a> with the advent of the new technology.<\/p>\n<h3>The Race for AI Dominance<\/h3>\n<p>\u201cWhoever wins the personal agent, that\u2019s the big thing, because you will never go to a search site again, you will never go to a productivity site, you\u2019ll never go to Amazon again,\u201d Gates said during a Goldman Sachs event on AI in San Francisco last month, as <a href=\"https:\/\/www.cnbc.com\/2023\/05\/22\/bill-gates-predicts-the-big-winner-in-ai-smart-assistants.html\" target=\"_blank\" rel=\"noopener\">quoted<\/a> by CNBC.<\/p>\n<p>AI assistants, for instance, could \u201cread the stuff you don\u2019t have time to read,\u201d Gates said. That <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dating-app-bumble-shares-close-63-higher-after-ipo-with-founder-becoming-youngest-female-ceo-to-take-a-large-u-s-company-public\/\" title=\"Dating App Bumble Shares Close 63% Higher After IPO, With Founder Becoming \u2018Youngest Female CEO To Take A Large U.S. Company Public\u2019\">means users<\/a> could get information without using Google search.<\/p>\n<p>Microsoft moved quickly to get on top of AI, but Gates said there is a 50-50 chance that who comes out on top will be either a startup or a tech giant.<\/p>\n<p>\u201cI\u2019d be disappointed if Microsoft didn\u2019t come in there,\u201d Gates said. \u201cBut I\u2019m impressed with a couple of startups, including Inflection,\u201d he added, referring to Inflection.AI, which was co-founded by former DeepMind executive Mustafa Suleyman.<\/p>\n<p>AI is already bringing huge changes in automation. Bill Simmons, the founder of the Spotify-owned podcast network The Ringer, said the streaming platform is currently working on AI tools that will be trained to learn hosts\u2019 voices to create targeted ads.<\/p>\n<p>\u201cI don\u2019t think Spotify is going to get mad at me for this, but we\u2019re developing that stuff,\u201d Simmons said in a conversation with Derek Thompson, an editor at The Atlantic, on an episode of \u201cThe Bill Simmons Podcast.\u201d \u201cThere is going to be a way to use my voice for the ads. You have to obviously give the approval for the voice, but it opens up, from an advertising standpoint, all these different great possibilities,\u201d he said, <a href=\"https:\/\/www.businessinsider.com\/spotify-developing-ai-bots-ads-based-on-podcast-hosts-report-2023-5\" target=\"_blank\" rel=\"noopener\">according<\/a> to Business Insider.<\/p>\n<p><b>AI is rapidly advancing and its impact on society is becoming increasingly clear. It&#8217;s up to us to ensure that we use this technology for good and not let it fall into the wrong hands.<\/b><\/p>\n<p><em>The views expressed in this piece are the author\u2019s own and do not necessarily represent those of The Daily Wire.<\/em><\/p>\n<p><em>Joseph Curl has covered politics for 35 years, including 12 years as White House correspondent for a national newspaper. He was also the a.m. editor of the Drudge Report for four years. Send tips to josephcurl@dailywire.com and follow him on Twitter @josephcurl.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>be severely impacted, with up to 300 million jobs at risk of being lost or reduced due to automation,&#8221; warns Goldman Sachs. The investment bank predicts that the effects of artificial intelligence could be devastating, despite the current fun and games associated with the technology.<\/p>\n","protected":false},"author":159,"featured_media":1946256,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[9683,28524,4330,6169,3819,3633],"class_list":["post-1946255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-9683","tag-degradation","tag-jobs","tag-loss","tag-report","tag-warns"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1946255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1946255"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1946255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1946256"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1946255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1946255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1946255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}