JCTarheel82
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Coding, Data Science, A.I., Robots |
- Thread starter nycfan
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BillOfRights
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This brings up a point I have considered. I don't think it's revelatory but haven't seen it discussed. Assuming AI does cause some degree of large white collar layoffs, how exposed are cities? Clearly, Charlotte is much more exposed to AI job loss than, say, Yanceyville. What happens to Charlotte and other large cities, specifically, when BOA and WF start cutting jobs, Uber drivers are replaced by Waymo (this isn't white collar work, but is certainly a fall back for unemployed white collar workers)? Likewise, Yanceyville would be somewhat insulated - it doesn't really have any white collar work and its local economy doesn't depend on it. I guess eventually these things will smooth out, but it seems like large cities are highly exposed to the early impact of AI layoffs, while smaller towns will likely be insulated from rising unemployment (and therefore, rising crime, mortgage defaults, etc). Likewise, areas with a large percentage of retirees will likely fair better early on, while areas that have a high degree of educated, young white collar workers will be hit the hardest. I'd be interested in seeing a heatmap of AI exposure - my guess is Charlotte would be highly exposed due to it's concentration of entry-and-mid level finance and tech jobs that are primed for automation.
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gtyellowjacket
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I get about three calls a week from recruiters hoping to hire me at BOA. Some from Wells Fargo but much less. Been happening for about a year. So they are either investing heavily into AI or they are terrible employers that are running AI talent off. I'm guessing the former. Expect mass layoffs/attrition from their customer service areas and possibly their mortgage teams in the next few years.
tallheel95
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I get the point he is making here and agree with it, but it is slightly ironic that he is also trying to manipulate people in this very video. (Observe the lighting, the tone, the music)
BillOfRights
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Sure. Politics, policy, government have always been about persuasion, which is what Sanders is doing with the lighting, tone etc, and I understand that is what AI is doing, too. It just seems that the immense amount of personal data that AI has acquired puts humans at a huge disadvantage. Sanders also raises the privacy implications.
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Remember this nitwit? Steven Mnuchin.
"In March 2017, then-U.S. Treasury Secretary Steven Mnuchin downplayed the threat of artificial intelligence (AI) to the American workforce, stating that it was not on his radar screen and that job displacement by machines was "50 or 100 more years" away. "
www.wired.com
"In March 2017, then-U.S. Treasury Secretary Steven Mnuchin downplayed the threat of artificial intelligence (AI) to the American workforce, stating that it was not on his radar screen and that job displacement by machines was "50 or 100 more years" away. "
Hate to Break It to Steve Mnuchin, But AI's Already Taking Jobs
Today, in 2017, the treasury secretary said he had no worries about robots putting people out of work.