For the tech CEOs leading the AI race and enriching themselves as they jostle for dominance, AI isn't a phantasm at all, but a glimmering unicorn. When they predict AI is just months away from being able to do everything a software engineer does, or that it will one day take over CEOs' jobs, their excitement for the future is palpable.
As artificial intelligence becomes more mainstream, many people are using it to do things that they would normally hire someone else to do. AI is helping people conduct research, analyze options, and even create artistic works. While this makes certain things easier and more efficient, it means that some people will get reduced work or lose their livelihoods. For governments that have to look at the big picture, this means more unemployment which translates to less tax revenue, with an emphasis on social security funding.
The speed of that displacement could require government intervention to help support the workforce, executives said. What they're saying: "As with most things, when an exponential is moving very quickly, you can't be sure," Amodei said. "I think it is likely enough to happen that we felt there was a need to warn the world about it and to speak honestly." Amodei said the government may need to step in and support people as AI quickly displaces human work.