At a recent dinner in San Francisco hosted by a venture capital firm, a tech veteran discussed the potential of AI, stating that it can replace all human labor. This ambitious goal, though controversial, suggests vast economic opportunities. A company named Mechanize openly supports this vision of total economic automation, attracting backing from notable figures in Silicon Valley. Despite concerns about job losses, influential thinkers like Elon Musk and Bill Gates foresee a future where most human jobs may be obsolete due to advancements in AI and robotics.
The money you can make in AI isn't limited to the paltry market sizes of previous technology waves. You can replace the world's workers which means you can capture their salaries.
A company called Mechanize said the quiet part out loud. Their vision is the full automation of the economy, a vision they've convinced some of the biggest names in Silicon Valley to fund.
Elon Musk certainly thinks the rise of AI and robotics will mean probably none of us will have a job. Bill Gates thinks humans soon won't be needed for most things.
Massive labour replacement has also been predicted by Geoffrey Hinton and billionaire investor Vinod Khosla. These are hardly fringe voices that have no idea what they're talking about.
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