AI could erase half of entry-level white collar jobs in 5 years, CEO warns
Briefly

In a recent interview with Axios, Anthropic CEO Dario Amodei highlighted the potential risks of AI with predictions that it could lead to the loss of half of all entry-level white-collar jobs and an increase in unemployment rates to as high as 20%. Amodei emphasized the importance of awareness among workers regarding these imminent changes and the associated risks of escalating inequality. Despite the looming challenges, he expressed hope for AI's potential to bring advancements in fields such as healthcare. Amodei argues for a balance between innovation and regulation.
AI could be responsible for eliminating half of all entry-level white-collar jobs -- while spiking unemployment to 10-20% -- in the next one to five years, Amodei said in the interview.
Most of them [workers] are unaware that this is about to happen... It sounds crazy, and people just don't believe it.
The same reality in which AI would replace jobs would also exist in which AI makes several meaningful advances in other sectors, such as health care.
Cancer is cured, the economy grows at 10% a year, the budget is balanced -- and 20% of people don't have jobs.
Read at ZDNET
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