Lifeboat Foundation

Research has found, while AI could lead to the creation of 69 million new jobs worldwide, it could also result in the loss of 83 million existing jobs.
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Alex Jenkin from the WA Data Science Innovation Hub says it’s more likely people will be replaced by someone who can use AI tools like ChatGPT, rather than artificial intelligence itself.

Continue reading “What industries will feel the most impact from artificial intelligence? | ABC News” »

AI is everywhere. Its use is being debated in headlines, on social media and around dinner tables. To some, the rate of AI acceleration is concerning, with many technology leaders calling for a six-month pause in the training of new systems to better understand the impact such tools are having. To others, AI is seen as the cornerstone of the fourth industrial revolution, the latest disruptive technology opening up possibilities for new ways of learning, working and living that we have never experienced before.

Yet, disruptive technologies are nothing new. They have been changing the way we live and work for decades. And these changes have not been without consequences, particularly in the form of economic dislocation and social upheaval. Automation in manufacturing has streamlined mass production and driven down costs; Ecommerce platforms have reshaped the way we shop and do business; even online education has found new ways to provide flexible and affordable ways of learning, delivering opportunities to millions across the globe that simply were not available before.

Presently, much of the discussion around the impact of AI is based on conjecture. However, it is widely agreed that it will have a major impact on jobs and even has the potential to call into question the very fundamentals of what work is. What is not understood is how AI will play out across society in the longer term. Will it, like previous technological revolutions, deliver short-term disruptions followed by long-term benefits, or will it be the catalyst for new ways of learning and upskilling and help reduce the widening digital divide?

Dumme, a startup putting AI to practical use in video editing, is already generating demand before opening up to the public. The Y Combinator-backed company has hundreds of video creators testing its product, which leverages AI to create short-form videos from YouTube content, and a waitlist of over 20,000 pre-launch, it says. Using a combination of both proprietary and existing AI models, Dumme’s promise is that it can not only save on editing time but also — and here’s its big claim — do a better job than the contracted (human) workforce who is often tasked with more menial video editing jobs, like cutting down long-form content for publication on short-form platforms like YouTube Shorts, TikTok or Instagram Reels.

Founded in January 2022 and a participant in startup accelerator Y Combinator’s Winter 2022 program, Dumme co-founder and CEO Merwane Drai said he was originally focused on building a search engine for video. But around six months ago, the team realized that a better product might be to repurpose the same AI models they were developing to edit video clips instead.

Joined by co-founders Will Dahlstrom (CPO) and Jordan Brannan (CTO), all with AI backgrounds, Drai realized Dumme may have landed on the right product-market fit after their app went viral, crashing their servers.

AI not quite ready to automate all of these today, 2023, but will of automated most by end of 2029.

(Bloomberg) — While artificial intelligence is seeding upheaval across the workforce, from screenwriters to financial advisors, the technology will disproportionately replace jobs typically held by women, according to human resources analytics firm Revelio Labs. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the.

Billionaire Elon Musk took a dig at fellow billionaire and Microsoft co-founder Bill Gates over his knowledge of artificial intelligence (AI). He insisted that Mr. Gates has a “limited” understanding of AI.

This was in response to a tweet by Sandy Kory, who praised the leadership of Mr. Gates at Microsoft and his approach toward AI. “‘I’d been meeting with the team from OpenAI since 2016…” –from Bill Gates’ essay, The Age of AI Has Begun. It’s big when someone like Gates is so bullish on AI. Also notable that MSFT has been tracking this so closely for so long,” he said.

Mr. Kory was referring to a long, 3,639-word essay the billionaire wrote on his blog titled “The Age of A.I. Has Begun”. He wrote about how humanity was waiting for another great revolution. Mr. Gates discussed the potential impact of AI on employment, health care, and education.

These include rugged small vehicles with tracks, cameras and sensors that can search inside rubble and climb over obstacles. Teledyne FLIR, a sensing technology specialist based in Oregon in the United States, used robots like these in June 2021 when a tower block partially collapsed in the Miami suburb of Surfside in Florida.

In Japan, university teams are developing another type of search and rescue robot – a hose-like robot with a video camera called the Active Scope Camera that can search inside collapsed buildings. Drones also help search and rescue teams see disaster sites from above.

Continue reading “From robotic dogs to magnetic slime: 6 ways robots are helping humans” »

Many economists say the problem reflects a jobs mismatch that could defy government solutions for years.

face_with_colon_three This new gold rush with AI will bring new jobs for even Psychiatry and Therapists which is already leading to new bots with human like therapists in texts. This could lead to even better mental health for the global population.

“Psychotherapy is very expensive and even in places like Canada, where I’m from, and other countries, it’s super expensive, the waiting lists are really long,” Ashley Andreou, a medical student focusing on psychiatry at Georgetown University, told Al Jazeera.

“People don’t have access to something that augments medication and is evidence-based treatment for mental health issues, and so I think that we need to increase access, and I do think that generative AI with a certified health professional will increase efficiency.”

Continue reading “ChatGPT is giving therapy. A mental health revolution may be next” »

The announcement comes shortly after IBM announced it would replace 7,800 jobs with AI.

After IBM’s CEO, earlier this month, announced that the company could easily replace at least 7,800 human personnel with artificial intelligence (AI) over the next five years, another startling announcement in the ‘Will AI replace humans’ debate has come to the fore.

BT, a prominent British multinational telecommunications firm, said it will become a ‘leaner business’ as it announced its plans to shed up to 55,000 jobs by the end of the decade, mostly in the United Kingdom. The company also announced that approximately 10,000 of its workforce will be replaced by AI, said a report by The Guardian.