The truth is that no new technology is all good or all bad. The narrative around AI has been pessimistic, but despite the prognostications of doom, I see more reasons for optimism. The positive outcomes of the broad adoption of AI can far outweigh the negatives. If leaders mitigate the challenges and amplify the opportunities, we can leverage AI to create new value for humanity.
Each wave of new technology follows a three-phased ARC: Augmentation, where it enhances existing jobs; Replacement, where it substitutes existing jobs; and Creation, where it paves the way for jobs that never existed before.
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