Mo Gavadat, a former Chief Business Officer of Google X, has issued a clear warning about the future of Artificial Intelligence (AI), which has been predicted that the rapid development of AI can eliminate most of the human jobs within the next 15 years, with the brunt of middle class collapse.
Speaking on the diary of a CEO podcast, Gavadat warned that the future version of AI, which is a future version of AI with the ability to do any intellectual work, which will beat humans in almost every job, with already considered safe as programmers, officials, and material creators.
“As long as you are not in the top 0.1%, you are a farmer,” said Gavadat. “AGI will be better in everything than humans, even a CEO.”
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Describing the coming decade as a difficult transition period, he said, “The next 15 years will be hell before going to heaven.” According to Gavadat, economic and social structures supporting the middle class may fall if broad steps are not widely done to manage the impact of job automation.
Gavadat cited his own experience with a startup focused on emotionally intelligent AI. Business, which aims to build AI that can follow human relations, works with only three people, a task that will require more than 300 employees a few years ago.
Increasing concern among AI leaders
Gavadat’s comments add to the increasing list of warnings by AI leaders. Recently, Jeffrey Hinton, known as the “Godfather of AI”, said that the future AI models can develop their internal language, possibly making them difficult for humans to control or understand.
“If they start thinking in their language, we do not even know what they are thinking,” Hinton said in a separate interview.
Increasing risk of social disturbance
Apart from the displacement of the job, Gavadat also warned of a major social crisis. As people lose traditional forms of employment, issues such as loss of identity, loneliness and mental health decline can be more prominent. He predicts that this can lead to “a lot of social disturbance”.
Despite the potential benefits of AI-powered productivity, Gavatat stressed that without intervention, such as regulation, social security trap, or new economic models, technology can destabilize societies and widen income inequality.
