CEO warns AI could wipe out 1 in 2 white collar jobs in next five years
Share this @internewscast.com

The leader of a major artificial intelligence lab has cautioned that AI might cause the disappearance of 50% of entry-level office jobs within the next five years.

Following a presentation of his company’s technology at a developer event, Dario Amodei, CEO of Anthropic, mentioned to CNN’s Anderson Cooper that both politicians and businesses are unprepared for the potential increase in unemployment rates that AI might lead to.

“AI is beginning to outperform humans in nearly all cognitive tasks, and we, as a society, will collectively face this challenge,” remarked the 42-year-old during an interview with Cooper.

“AI is going to get better at what everyone does, including what I do, including what other CEOs do.” 

The technology that companies like his are building, Amodei said, could boost unemployment in America as high as 20 per cent by 2030. 

Anthropic’s AI can work nearly seven hours a day, he said, and has the skills typically required of entry-level corporate workers – “the ability to summarise a document, analyse a bunch of sources and put it into a report, write computer code” – at the same standard “as a smart college student”. 

“We can see where the trend is going, and that’s what’s driving some of the concern [about AI in the workforce],” Amodei said. 

Though Amodei acknowledged it would “definitely not [be] in my economic interest” to do so, he urged US politicians to consider implementing a tax on AI labs. 

He said he was “raising the alarm” because his counterparts at other companies “haven’t as much and I think someone needs to say it and to be clear”. 

“It’s eerie the extent to which the broader public and politicians, legislators, I don’t think, are fully aware of what’s going on,” he said. 

In a separate interview with US publication Axios, Amodei said such workforce changes are “going to happen in a small amount of time – as little as a couple of years or less”. 

“Cancer is cured, the economy grows at 10 percent a year, the budget is balanced – and 20 percent of people don’t have jobs,” he said. 

“Most of them are unaware that this is about to happen. It sounds crazy, and people just don’t believe it.” 

In January, a World Economic Forum (WEF) survey found that 41 percent of employers intend to reduce their workforce because of AI automation by 2030. 

“Advances in AI and renewable energy are reshaping the (labor) market – driving an increase in demand for many technology or specialist roles while driving a decline for others, such as graphic designers,” the WEI said in a statement at the time. 

“The presence of both graphic designers and legal secretaries just outside the top 10 fastest-declining job roles, a first-time prediction not seen in previous editions of the Future of Jobs Report, may illustrate GenAI’s increasing capacity to perform knowledge work.” 

Closer to home, in December the Social Policy Group reported that without immediate intervention, one in three Australians in knowledge-based or manual roles were at risk of job loss by 2030. 

Conversely, the WEF found that close to 70 percent of companies plan to hire new workers with skills to design AI tools and enhancements, and 62 percent plan to hire more employees with skills to work alongside the technology. 

“Now, you can hire one experienced worker, equip them with AI tooling, and they can produce the output of the junior worker on top of their own – without the overhead,” recruiter at US venture capital firm SignalFire, Heather Doshay, told Business Insider. 

Doshay stressed that AI “isn’t stealing job categories outright – it’s absorbing the lowest-skill tasks”.

“That shifts the burden to universities, boot camps, and candidates to level up faster,” she added.

‘We can’t just sleepwalk into it’

Amodei insisted AI can – and will – be used for good, noting he “wouldn’t be building this technology if I didn’t think that it could make the world better”. 

“We have to make sure that people have the ability to adapt, and that we adopt the right policies,” Amodei told CNN. 

“We have to act now. We can’t just sleepwalk into it … I don’t think we can stop this bus.

“From the position that I’m in, I can maybe hope to do a little to steer the technology in a direction where we become aware of the harms, we address the harms, and we’re still able to achieve the benefits.”

Share this @internewscast.com
You May Also Like
Emergency responders at the scene of a bar explosion in San Pedro del Pinatar, Murcia, Spain.

British Woman Among Two Victims in Tragic Gas Explosion at Spanish Holiday Hotspot Bar

A BRITISH woman has died in a suspected sabotage gas explosion at…
ABC7 Chicago Chief Legal Analyst Gil Soffer describes harrowing journey home from Israel after being stranded during Iran strikes

ABC7 Chicago’s Legal Analyst Gil Soffer Recounts Challenging Return from Israel Amidst Iran Strikes

CHICAGO (WLS) — ABC7 audiences are familiar with former federal prosecutor Gil…
Trump accuses Democrats of leaking intel assessment of Iran strikes

Trump Claims Democrats Disclosed Intel on Iran Attacks

WASHINGTON — On Thursday, President Trump accused congressional Democrats of leaking a…
English soccer player throws chair at woman on vacation in stunning incident

English Footballer Allegedly Hurls Chair at Woman During Vacation Shocker

Third division soccer player Kian Harratt attempted to shift the blame to…
Road crews working on traffic signals at an intersection.

Terrifying Incident: Worker Struck by 18-Wheeler, Left Hanging Upside Down Above Busy Road

This is the shocking moment an 18-wheeler collides with a utility worker…
Photo of Travis Decker.

Neighbor of Travis Decker reveals last encounter with him before he took his three daughters

EERIE details have been revealed about the last time a dad accused…
Philadelphia's schools accused of failing to properly inspect asbestos in buildings

Philadelphia Schools Allegedly Negligent in Asbestos Inspections

PHILADELPHIA (AP) — On Thursday, federal prosecutors accused Philadelphia’s public school system…
Ariana Grande, Sebastian Stan, Kieran Culkin and Monica Barbaro are among the actors invited to join the Film Academy.

Film Academy Invites Ariana Grande, Sebastian Stan, Kieran Culkin, and Monica Barbaro to Join

LOS ANGELES — The Academy of Motion Picture Arts and Sciences has…
Immigration officer charged with taking bribes to help immigrants obtain legal status

Immigration Officer Accused of Accepting Bribes to Aid Immigrants in Getting Legal Status

A federal immigration officer was recently detained after allegations emerged of offering…
Rep. Jasmine Crockett on The Late Show with Stephen Colbert.

Fiery Democrat Jasmine Crockett Criticized as ‘Evil’ for Comments on Melania Trump’s Citizenship and ‘Einstein Visa’

REPRESENTATIVE Jasmine Crockett faced backlash, labeled as “evil” and a “disgrace,” after…
Bryan Kohberger could escape death penalty because of leaked evidence aired during TV episode: fmr prosecutor

Bryan Kohberger’s Death Penalty Chances May Be Affected by TV Episode’s Evidence Leak, Says Former Prosecutor

Idaho quadruple murder suspect Bryan Kohberger might avoid the death penalty if…
Police investigate break-in at Brad Pitt’s Los Feliz home

Authorities Look into Burglary Incident at Brad Pitt’s Los Feliz Residence

Pitt has been out of the country on a promotional tour for…