Demis Hassabis, CEO of Google DeepMind, voiced concerns about AI being exploited by criminals and the lack of regulations to manage its misuse. While he believes AI will create better jobs, other executives warn that it could lead to significant job losses, particularly in entry-level positions across various industries. The tension between AI’s transformative potential and the need for ethical governance is at the forefront of this discussion.
Google DeepMind CEO Demis Hassabis, who recently earned a Nobel Prize for his groundbreaking work in AI, finds himself deep in thought about artificial intelligence — but his worries don’t revolve around job losses. Instead, he’s concerned about potential criminal misuse of AI technologies and the absence of safeguards to prevent such behavior. “Both of those risks are important, challenging ones,” he remarked in an interview with CNN.
Hassabis raised alarms about how bad actors are already deploying AI to commit crimes, citing incidents of voice cloning scams and deepfake technology used for impersonations. He emphasized the need for international cooperation to make sure AI is harnessed for beneficial purposes. “How do we restrict access to these powerful systems for bad actors… yet still enable good actors to accomplish many astounding things?” he pondered, highlighting the delicate balance between innovation and moral responsibility.
The 48-year-old AI pioneer firmly believes that as AI evolves, it will bring about significant changes to the job market, but he’s not expecting a crisis of mass unemployment. Instead, Hassabis anticipates that AI will create “new, even better jobs.” He remains optimistic that advancements will yield opportunities rather than lead to widespread layoffs, as some others in the field contend.
In stark contrast, Dario Amodei, CEO of Anthropic, expressed his fears about AI’s looming impact on the workforce. He was quoted as saying AI could potentially eliminate half of all entry-level white-collar jobs in the next few years and drive unemployment rates up to 20%. Amodei believes many workers in sectors like finance, technology, and law won’t grasp the looming dangers until it’s too late.
According to a recent report from Bloomberg Intelligence, finance-related jobs are particularly vulnerable, predicting that as many as 200,000 positions on Wall Street might be at risk due to AI-driven cuts. Tech giants like Meta and Microsoft are also leveraging AI, with executives like Mark Zuckerberg boasting that AI could generate half of the code for Meta by next year.
In the legal field, investor Victor Lazarte voiced concerns over AI’s encroachment, suggesting it will soon be capable of handling tasks usually left to entry-level associates. During an episode of “The Twenty Minute VC,” Lazarte asserted that AI could manage the routine responsibilities currently performed by recent law graduates within just three years.
As predictions swirl about AI and its potential to alter industries, Hassabis continues to champion the responsible development of AI to safeguard society from nefarious uses. In his view, there’s a pressing need for dialogue and action regarding the ethical implications of this revolutionary technology.
Demis Hassabis of Google DeepMind has expressed major concerns regarding the likely misuse of AI technologies by criminals, calling for stricter international regulations to prevent such abuses. While many fear job losses due to AI advancements, Hassabis argues this tech will actually create better job opportunities. In contrast, other industry leaders paint a bleaker picture, predicting significant job cuts across sectors, raising questions about the future role of humans in the workforce as AI continues to evolve.
Original Source: www.entrepreneur.com
