'This is crazy. This is insane': Bill Gates has changed his mind about AI, jobs
semafor.com
semafor.com
And yet by every economic metric, the awaited or inevitable "AI job crisis" has not happened, or even any sign of it. Also, large swath of jobs, like service sector, blue collar, etc.--cannot be automated by just computers. I have no idea why people keep taking these overrated experts seriously. Even his Pandemic warning was vague. yes, pandemics will happen; this is a historical statistical fact 0ing back since the dawn of humans. Him warning it in a book is not new unless he could pinpoint where and when, which he didn't.
From the underlying Stanford study: https://digitaleconomy.stanford.edu/publication/canaries-in-...
> However, employment of young workers (ages 22–25) in AI-exposed occupations now stands 19% below where it would be had it kept pace with that of their less-exposed peers; experienced workers show no comparable gap.
It has also not even been 2 years since "vibe coding" was coined and software engineering began to be transformed. We are still in early days of diffusion, and large-scale economic surveys have a significant lag time compared to AI capabilities.