The founder of ChatGPT, Sam Altman, discussed the impact of artificial intelligence (AI) on the job market in an ET Conversations interview. Altman and OpenAI CEO mentioned how AI has recently taken the center stage with society discussing its effect on humanity.
There are fears regarding job loss due to the rise of AI-based work, but Altman believes that a new generation of better jobs can emerge. In two generations, we can adapt to any amount of labour market change and there are new jobs and they are usually better, Altman stated. That is going to happen here, too. Some jobs are going to go away. There will be new better jobs that are difficult to imagine today.
Many people fear that automation will lead to significant job losses in the future, especially with AI’s rapid developments. However, Altman believes that with new technologies comes new job opportunities. He explains that humanity has adapted to changes in the labor market before, and we will do so again in the future.
Altman’s discussion also sheds light on how AI can help create jobs in new and innovative sectors. AI can assist in various fields such as healthcare, transportation, and education. As AI evolves, so will the job market. It is necessary to note that although older industries could experience job loss, they can still contribute to new industries and reform.
In conclusion, Altman’s discussion highlights that AI’s impact on the job market is not a straightforward issue. While some traditional jobs may face a decline, new opportunities in innovative fields can emerge. The transition may take time, but by adapting to change, people can work towards creating a better future.
