This X Note By Matt Shumer Hit 66 M Views - And It’s Probably A Must Read For Us All
An article published on social media platform X has gone viral, igniting hot debate about the topic. There are two articles – first about the rapid advancements in artificial intelligence (AI) and its potential impact on various industries and society, especially creating fears about the AI takeover, while the second is the agreement that misplaced and that AI will ultimately lead to more opportunities and prosperity.
In the first article, the author highlights the rapid progress of AI in recent years, with new models and techniques. The author mentions that the current pace of improvement is unprecedented and is expected to continue. It predicts that the AI will likely eliminate many jobs, especially those that involve cognitive work, such as law, finance, medicine, and software engineering.
Read Also: “No Spin-Doctoring Can Change The Fact That 2014-24 Saw ‘Jobloss’ Growth”: Congress On Govt’s Claims
The author cites examples of AI’s capabilities in these fields and predict significant disruption in the job market, while underscoring the need for individuals to adapt to this new reality by learning to work with AI and developing skills that complement its capabilities.
The writer also suggests experimenting with AI tools, building a habit of adapting, and focusing on creative and high-value tasks, while highlighting the risks such as the potential for AI to be used for malicious purposes or to exacerbate existing social issues. The author instill fears stating that the AI future is uncertain, asserting that it is that it will bring significant changes.
Read Also: IIT Bombay Researchers Develop Bacterial Cocktail For Farm Soil To Remove Pollutants And Pesticide
However, the counter article tries to mitigate the concerns. The author cites French economist Frédéric Bastiat’s concept of “the seen and the unseen,” which refers to the visible effects of a technological advancement (e.g., job losses) versus the unseen effects (e.g., new industries and opportunities). The article gives examples of technological advancements in the history that were initially feared to lead to job losses, but ultimately created new opportunities and industries.
The examples include the knitting machine, the power loom, and the computer among others. The author also recalled the Luddites, a group of textile workers who protested against the introduction of new machinery during the Industrial Revolution. Notably, the fear of job loss was misplaced and that the machinery ultimately led to more employment and prosperity.
The author, however, emphasised the importance of adapting to technological advancements and using AI as a tool to create new opportunities, adding that those who are able to adapt and use AI effectively will thrive in the future.
The article concluded that the real risk is not AI itself, but rather the mindset of fear and resistance to change, while calling for a positive and adaptable mindset for a bright future.
