Will AI Take Over Our Jobs? Bill Gates Asks If AI Can Support Blue Collar Jobs As It Is Already Doing For White Collar Jobs

In a recent episode of his podcast, Unconfuse Me, Bill Gates hosts Sam Altman, CEO of OpenAI, to discuss the implications of artificial intelligence (AI) on technological advancement, particularly regarding the workforce. 

While Altman states that AI is intended to assist employees and streamline tasks, the current impact of AI on white-collar jobs is already evident. 

Recent studies show that 37% of companies have replaced staff with AI technology, and 44% predict AI will lead to layoffs in 2024. 

Don't Miss:

But it's not just about job elimination — the focus is on transforming the workforce. An overwhelming 96% of companies hiring say that candidates will benefit from having skills in AI, and 83% say that current employees must embrace AI if they want to retain their jobs. 

With AI and ChatGPT replacing white-collar jobs, Bill Gates asks: Will AI and robotics do the same to blue-collar jobs? 

Altman explains that robotics were ahead of their time and needed other technologies to catch up before they could be successful. 

Historically, robotics — referring to physical hardware like robotic arms and legs — did not achieve its full potential due to the lack of advanced cognitive capabilities. However, this cognitive gap is closing with rapid advancements in machine learning (ML) and AI.

If robots come into play, will they start replacing blue-collar jobs? 

Trending: Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. Investing in its booming real estate market has never been more accessible.

Altman doesn't directly answer this question. Instead, he explains the exciting the possibilities of robotics. 

"We've started investing a little bit in robotics companies," Altman says. "On the physical hardware side, there's finally, for the first time that I've ever seen, really exciting new platforms being built there. At some point, we will be able to use our models with their language understanding and future video understanding, to say, "All right, let's do amazing things with a robot."

However, he does indicate that robotics and AI could "change the job market for a lot of blue-collar type work, pretty rapidly."

There's no question that AI, robotics, and machine learning (ML) will continue to impact the job market. As robotics become more sophisticated and cost-effective, industries that rely heavily on blue-collar workers could see significant changes. 

AI-powered robots could soon perform tasks requiring strength, endurance, and precision, leading to even further job displacement similar to what is happening in white-collar sectors. 

However, this evolving technology also presents new opportunities for different types of employment, particularly in roles that involve maintaining, programming, and overseeing these robotic systems. 

While the future of job displacement is real and sometimes feels like impending doom, integrating AI and robotics into the workforce doesn't necessarily spell the end for blue-collar workers. 

Just as white-collar workers must adapt and acquire new skills, blue-collar workers may find new opportunities in an automated world. 

The conversation between Gates and Altman highlights a critical issue: the future of work in an AI-driven world. It's difficult to gauge the total impact of robotics on blue-collar jobs, but technology is clearly moving in that direction. 

Blue-collar and white-collar workers must adapt to the ever-evolving technologies in their fields to ensure job security and a stable financial future

As we move forward, the question isn't whether AI will take over our jobs, but how we can harness it to create a future where technology and human labor coexist and thrive. 

Keep Reading:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!