Will artificial intelligence take our jobs? Why some experts say not to panic
Aug 3, 2023, 7:00 PM
Elon Musk has an idea for his $6 billion AI company. His database where all the answers are gonna come from is Twitter -- well X now -- which he calls the biggest human conversation ever.(Getty Images)
(Getty Images)
SALT LAKE CITY — A new study found one in five U.S. workers perform tasks that have high exposure to artificial intelligence (AI) replacement. However, according to experts, this may not be a cause for alarm.
The study from Pew Research suggests if generative AI delivers on its promised capabilities, the labor market could face significant disruption.
Professor and Chair of Economics at The University of Utah Tom Maloney, argues a similar fear was present when ATMs were first introduced to banks.
“So, I don’t think that the job losses that were predicted there occurred,” Maloney said. “What happened, I think, instead was the nature of the job changed. In ways that maybe … used the talents of those workers better. ”
Maloney said a similar change in the automotive industry occurred in automating manufacturing. These outcomes have always been difficult to predict, according to Maloney.
Devin Oldroyd contributed to this story.
