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Computer scientist and Nobel Prize winner Geoffrey Hinton Predicted artificial intelligence will cause an increase in unemployment and profit while companies replace employees with AI. But it is not the fault of the technology, he told the Financial timesWriting to capitalism instead. Although dismissals are not enriched, the proof is that AI is shrinking at the entry level.
Pioneering computer scientist Geoffrey Hinton, whose work has given him a Nobel Prize and the name 'Godfather of AI', said artificial intelligence will cause an increase in unemployment and profit.
In a broad interview with the Financial timesThe former Google Scientist knew the air about why he left the technology giant, eliminated alarms about potential threats from AI and revealed how he used the technology. But he also predicted who the winners and losers will be.
“What is actually going to happen, are rich people use AI to replace employees,” said Hinton. “It is going to create enormous unemployment and an enormous increase in profit. It will make a few people much richer and most people poorer. That is not the fault of AI, that is the capitalist system.”
Those Echos remarks he gave Fortune Last month, when he said that AI companies are more concerned about the short-term profit than the long-term consequences of technology.
For now, dismissals have not been enriched, but evidence is imposed that AI opportunities are shrinking, especially at the entry level where recent graduates start their career.
A survey by the New York Fed showed that companies that AI use their employees much more often than they fire, although the dismissals are expected to increase in the coming months.
Hinton said earlier that health care is the only industry that will be safe for the potential jobs Armageddon.
“If you could make doctors five times as efficient, we could all have five times as much health care for the same price,” he explained to the Diary of a CEO Youtube series in June. “There is almost no limit to how many people in health care can absorb -[patients] Always want more healthcare if there are no costs for it. “
Yet Hinton believes that jobs that perform everyday tasks are taken over by AI, while some jobs are saved that require a high level of skills.
In his interview with the FtHe also rejected OpenAi CEO Sam Altman's idea to pay a universal basic income, because AI disrupts the economy and reduces the demand for employees, saying that “will not be dealing with human dignity” and the value that people arise from jobs.
Hinton has long been warned about the dangers of AI without crashrails, with a chance of 10% to 20% that the technology wasted people after the development of super intelligence.
According to him, the dangers of AI fall into two categories: the risk that the technology itself is for the future of humanity and the consequences of AI that are manipulated by people with a bad intention.
In Ft Interview, he warned that AI could help someone build a Bioweapon and complained the unwillingness of the Trump government to better regulate AI, while China takes the threat more seriously. But he also acknowledged potential benefits from AI in the midst of his enormous possibilities and uncertainties.
“We don't know what's going to happen, we have no idea and people who tell you what is going to happen are just stupid,” Hinton said. “We are at a point in history where something great is happening, and it can be incredibly good, and it can be incredibly bad. We can do guesses, but things will not stay as they are.”
In the meantime he told the Ft How he uses AI in his own life and says that OpenAi's Chatgpt is his favorite product. Although he mainly uses the chatbot for research, Hinton revealed that a former girlfriend used chatgpt “to tell me what a rat I was” during their break.
“She got the chatbot to explain how terrible my behavior was and gave it to me. I didn't think I had been a rat, so it didn't make me too bad. I met someone I liked more, you know how it goes,” he joked.
Hinton also explained why he left Google in 2023. Although media reports said he was stopping so that he could speak more freely about the dangers of AI, the 77-year-old Nobel Prize winner denied that that was the reason.
“I left because I was 75, I could no longer program as before, and there are many things on Netflix that I didn't have the chance to look at,” he said. “I had worked very hard for 55 years and I felt that it was time to retire … And I thought, because I left, I could talk about the risks.”
This story was originally visible on Fortune.com
