The” Godfather of AI,” Geoffrey Hinton, a pioneer in technology, has urged governments to implement a universal basic income ( UBI ) to lessen the negative effects of AI on jobs.
Geoffrey Hinton, a former Google VP and pioneer in the field of AI, expressed his concerns about the potential adverse effects of AI and robots on society in a recent discussion with the BBC’s Newsnight. He warned that the systems may cause millions of workers to lose their jobs, and that the wealth created by increased productivity would not be distributed equally among the workforce.
Geoffrey Hinton, chief scientific adviser at the Vector Institute, speaks during The International Economic Forum of the Americas ( IEFA ) Toronto Global Forum in Toronto, Ontario, Canada, on Thursday, Sept. 5, 2019. The Toronto Global Forum is a non-profit organization that brings up ministers, rulers of central banks, ministers, and senior decision-makers of the global economy to promote dialogue on national and international issues. Photographer: Cole Burston/Bloomberg
” I truly believe in a universal basic income”, Hinton stated. However, I do n’t believe that’s sufficient because many people earn their self-esteem from their jobs. In the face of common job losses, he emphasized the need for extra steps to address this problem and the importance of ensuring that individuals maintain a sense of purpose and respect.
Hinton, who just quit Google to raise awareness of AI, expressed his satisfaction that the world is now really considering both its impact on society and its “existential danger” to humanity. He said,” I’m very concerned about AI overthrowing a lot of mundane jobs.” ” That should be a good thing. It’s going to result to a large increase in output, which leads to a large increase in wealth, and if that money was evenly distributed that would be excellent, but it’s not going to be”.
Hinton’s caution comes amid growing concerns about the effects of AI on the job sector. The introduction of AI in the workplace could cause eight million jobs to be lost, according to the International Monetary Fund, which forecasts that 40 percentage of jobs abroad will be affected by AI.
Hinton noted that the recent economic systems would likely lead to the concentration of wealth among the affluent rather than to benefit those whose jobs are being lost by AI, despite the potential benefits of increased performance and wealth creation. ” In the systems we live in, that money is going to go to the wealthy and not to the people whose jobs get lost, and that’s going to be quite bad for society, I believe”, he said. ” It’s going to improve the divide between rich and poor, which increases the chances of Right- aircraft populists getting elected”, he warned.
Hinton even predicted that while many “mid-level philosophical jobs” and blue-collar jobs will vanish as a result of AI, some professions, like plumbing, might be spared by robots. ” My best bet about a job that is safe is plumbing, because these things]AI] are n’t yet very good at physical manipulation”, he said. That is likely to be their next skill set, according to the article.
Hinton’s remarks come at a time when businesses are increasingly adopting AI systems. Sainsbury’s, a UK supermarket chain, recently partnered with Microsoft to use the software bear’s AI tools to enhance the customer experience and save time on crucial things. Also, UK Prime Minister Rishi Sunak is scheduled to co-host a virtual meeting of earth leaders and software execs with Korean President Yoon Suk Yeol, where he is expected to stress the importance of working together to ensure the healthy development and implementation of AI.
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