Elon Musk joins call for pause in AI. Goldman Sachs predicts the loss of 300 million jobs

Elon Musk joins call for pause in creation of giant AI ‘digital minds’

By Alex Hern
Mar. 29, 2023

More than 1,000 artificial intelligence experts, researchers and backers have joined a call for an immediate pause on the creation of “giant” AIs for at least six months, so the capabilities and dangers of systems such as GPT-4 can be properly studied and mitigated.

The demand is made in an open letter signed by major AI players including: Elon Musk, who co-founded OpenAI, the research lab responsible for ChatGPT and GPT-4; Emad Mostaque, who founded London-based Stability AI; and Steve Wozniak, the co-founder of Apple.

Its signatories also include engineers from Amazon, DeepMind, Google, Meta and Microsoft, as well as academics including the cognitive scientist Gary Marcus.

“Recent months have seen AI labs locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one – not even their creators – can understand, predict, or reliably control,” the letter says.

“Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable.”

Continue reading at www.theguardian.com

300 million jobs can be replaced by Artificial Intelligence, says Goldman Sachs

Goldman Sachs says up to 300 million full-time jobs around the world could be affected by artificial intelligence.

CNN— Goldman Sachs says up to 300 million full-time jobs around the world could be affected by artificial intelligence.

The new wave of AI spawning platforms like ChatGPT could lead to jobs being automated in some way.

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In a report Sunday, economists predicted 18% of work globally could be computerized.

Economists at the investment bank believe the effects would be felt more deeply in advanced economies than emerging markets, with white-collar workers more at risk than manual laborers.

Also according to the report, the most affected jobs would be administrative workers and lawyers.

Published at www.abccolumbia.com

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