{"id":230803,"date":"2017-07-27T17:32:55","date_gmt":"2017-07-27T21:32:55","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/why-elon-musk-is-wrong-about-ai-fortune.php"},"modified":"2022-04-26T00:57:04","modified_gmt":"2022-04-26T04:57:04","slug":"why-elon-musk-is-wrong-about-ai-fortune","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/why-elon-musk-is-wrong-about-ai-fortune.php","title":{"rendered":"Why Elon Musk Is Wrong About AI &#8211; Fortune"},"content":{"rendered":"<p><p>    Theres a growing         debate      about the impact that artificial    intelligence will have on the future, with two tech luminaries    themselvesTesla (    tsla    )      CEO Elon Musk and         Facebook      (     fb    )      CEO Mark Zuckerbergas figureheads    representing glass-half-empty vs. half-full perspectives,    respectively. Last week, Musk commented that AI is an          existential risk for human civilization    . Zuckerberg    retorted that comments like this are pretty irresponsible, to    which Musk     tweeted      a retort that Zuckerbergs    understanding of the subject is limited. While these comments    refer to sweeping impacts, many are debating one specific area    where we are already seeing the effects of AI: jobs.       <\/p>\n<p>    As humans, were trained to watch for    threats to our survival and predict tragedies. Jobs are    intrinsically linked to our survival, as theyre the way most    of us earn income and are therefore able to provide for our    basic needs. However, many are    predicting that    with the advent of AI, we will see the rise of a useless    classpeople who are not just unemployed, but are    unemployable.   <\/p>\n<p>    This is a chilling and pessimistic view    of the future. If the last century of incredible advances in    digital technologies leads to the creation of a useless class    of people who have nothing better to do than play    virtual-reality video games all day, thats a tragedy for    civilization. If thats what happens, we will look back at    Musks remarks and say they were accurate. But AI itself is not    a thing; it is a series of combined technologies that humans    are creating and guiding the impacts of, including impacts on    work.   <\/p>\n<p>    In particular, those of us in the    technology industry have an obligation to shape the future of    AI and robotics to help create better and more productive jobs.    We can leverage AI to ensure that opportunity is more equally    distributed around the country and around the world, rather    than concentrated in small pockets of urban wealth and    opportunity.   <\/p>\n<p>    Investing energy in the vigilant watch    over the future of work is wise because only one thing is sure:    Jobs will change. However, buying into doom and gloom is not    wise, in my opinion. There is time to shape our future and make    it a positive one. Everyone in society has an obligation to    ensure that people are educated for a future in which AI    touches every aspect of work. But its up to those of us who    build technology to ensure that it augments human workers, not    replaces them.  <\/p>\n<p>    This is an area where Silicon Valley    culture has fallen short, with its obsessive focus on    eliminating labor costs. However, there are indications that    people in technology are starting to         think differently about their    obligations toward humanity     , and to design their products    accordingly.  <\/p>\n<p>    When it comes to         dirty, dangerous, and demeaning work     , automation    can save lives and increase human dignity. There are already    signs that this      fourth industrial revolution      will    increase gross domestic product and overall productivity, just    as the previous three have done, and it could also increase the    flexibility and     geographic diversity      of work. If    this is what we can expect from robots and automation,         bring it on    .   <\/p>\n<p>    Its true that technology has enormous    power to eliminate jobs. In 1900, more than 40% of the    population worked in agriculture, but by 2000,     that was down to 2%     , thanks to the    efficiencies introduced by farming machines, as economist         David Autor points out    . Similarly,    self-driving vehicle technologies may eventually make millions    of truck drivers, taxi drivers, and other driving occupations    obsolete. People who do those jobs now will need to find new    work.  <\/p>\n<p>    On the other hand, automation can    result in a net increase of jobs. The         number of bank tellers in the U.S. has    doubled since the introduction of the ATM    . And while    farm machinery decimated the market for agricultural jobs,    overall participation in the U.S. workforce grew     steadily    throughout the 20th century    . In every major transition to date,    weve wound up with more jobs, not fewer.  <\/p>\n<p>    There is evidence that this is    happening now. Indeed, nonfarm    private employment     has risen for 87 months in a row and    unemployment levels are at record lows, in a sign that Internet    technologies have not in fact destroyed jobs. Meanwhile, in the    past year, about one-third of U.S. companies have         started deploying artificial    intelligence .    This enormous transition is already beginning.      <\/p>\n<p>    In the future, AI can help augment    peoples work regardless of where they live. For instance,    AI-enhanced medical diagnoses may bring the power of    supercomputers and the worlds best medical centers into the    hands of local family doctors. AI-powered news algorithms can    improve our knowledge of world events and help fight fake news.    AI can increase the productivity of computer programmers    wherever they live, not just in Silicon Valley.      <\/p>\n<p>    One reason the last century resulted in    so many new jobs is because of the early 20th-century movement    to extend mandatory schooling through high school, providing    education for people who no longer had farm jobs to look    forward to. That decision ensured that we had millions of    literate, well-educated people ready to take on the jobs that    the second half of the 20th century needed.  <\/p>\n<p>    We    need to do the same now.        Only this time, we need to jettison our outdated, 19th-century    model of classroom education, and embrace new approaches more    suited to our rapidly changing times. Individuals should    position themselves for a lifetime of learning since the skills    demanded by the workplace are changing more rapidly than ever.    Traditional college degrees no longer lead to stable long-term    employment opportunitiesfresh training on new skills is much    more impactful. Companies should also be prepared to retrain    people when they replace them with machines. And we need more    public-private education partnerships that combine    contributions from both business and government.      <\/p>\n<p>    Yes, we need safety nets to help people    through these massive transitions, but instead of merely    investing in social safety nets, we need to address the root    causes.  <\/p>\n<p>    Those of us in technology need to guide    it to augment humans, not replace them. And companies and    society as a whole need to invest in education to ensure we and    our children are ready for jobs we cant even imagine yet.      <\/p>\n<p>    If we do that, as our ancestors did at    the beginning of the 20th century, we can help ensure that AI    will usher in an era of opportunity and wealth for all.      <\/p>\n<p>    Stephane Kasriel is CEO of Upwork.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>More: <\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"http:\/\/fortune.com\/2017\/07\/27\/elon-musk-mark-zuckerberg-ai-debate-work\/\" title=\"Why Elon Musk Is Wrong About AI - Fortune\">Why Elon Musk Is Wrong About AI - Fortune<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Theres a growing debate about the impact that artificial intelligence will have on the future, with two tech luminaries themselvesTesla ( tsla ) CEO Elon Musk and Facebook ( fb ) CEO Mark Zuckerbergas figureheads representing glass-half-empty vs.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/why-elon-musk-is-wrong-about-ai-fortune.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-230803","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"modified_by":"Danzig","_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/230803"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=230803"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/230803\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=230803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=230803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=230803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}