How to reshape the economy with the rise of AI?

[Obulis]

There is and will always be place for humans in the economy even with the existence of AI.

Truthfully there will always be a space for humans in the existence of technology; the concern, however, for most persons is that the space for humans will be greatly reduced. And if the space for humans is reduced, we will have more of those persons involved in other activities to still find a way to survive. So the fear is that they do not turn to crime. On the good side of things, AI (artificial intelligence) will only take out those individuals who've refused to embrace this new change and adapt to it. Currently they're service providers and freelancers who leverage the technology behind artificial intelligence to make their research work more efficient. They've not allowed artificial intelligence to do all the jobs, but rather, they have artificial intelligence now as personal assistants to make some tasks easier to achieve. That is good use of technology, and such persons will remain indispensable in their fields.

   The development of AI is already looking unstoppable, and instead of attempting to stop it, the emphasis should be on adapting it alongside. Already some jobs are fully automatic and many might also become automated in the nearest future, but there will always be human beings..
 The arts, healthcare, and social work are few areas that still needs US ALL!!!.
   For real, AI has created opportunities and will create new opportunities, like in software engineering, where human oversight and development are crucial.
  The input factors is to stay adaptable, continuously learning to find ways to contribute in a world where humans and AI coexist.

Not to forget!! Every advent of new technology has always carried pressure and tension yet humanity remains, AI advent cannot be different from other technologies....
 

[talksocially]

AI will not only be taking away jobs, it will also generate new ones. AI does not function on its own. It is made by humans also to replicate what other humans has already done to create something a human has asked of it. Software engineers are going to be needed if more companies are wishing to put out AI. So, even though the rate of

AI are already replacing junior developers position, only AI researcher are getting all the jobs, see how meta are paying high amount for those AI researcher while companies are laying off junior engineers.
Even if AI can create new job opportunity, it will be significantly less than the job it replaced. I'm not a luddite and I embrace AI but acknowledging the fact that AI does indeed taking a lot of people's job can go a long way.

As for the capability of AI, we're still on early phase. Just wait for AGI and you will see it can replace much more job than you can imagine. World will be changed significantly by then.

You're absolutely right—AI is reshaping the workforce in real time. While it creates new roles, especially in research and advanced development, the number of jobs replaced (especially entry-level ones) may far outweigh those created. The shift isn't just about job loss, but about job transformation—and not everyone will transition smoothly.

We recently discussed this evolving landscape on TalkSocially, especially how workers and businesses can adapt to stay relevant in the AI-driven economy.

[WillyAp]

For lawyers, language models can reduce their workload a lot, they can spit out a summary of all laws affected by a certain legal dispute, and thus they would have a similar effect than on other office workers.

Some might remember:

Humiliated lawyers fined $5,000 for submitting ChatGPT hallucinations in court: ‘I heard about this new site, which I falsely assumed was, like, a super search engine’

https://fortune.com/2023/06/23/lawyers-fined-filing-chatgpt-hallucinations-in-court/

Similar to medicine who know what those LLM invent and what is correct. Checking will be challenging.
New professions, Fact checker, people just laid off at meta.  

[uneng]

Actually, be thankful if AI replaces humans at jobs, because only a minority wants to work these days. It's quite stressful and annoying to hire a service or to go out to a restaurant or fast food to receive a nasty and rude treatment by the attendant, due to them not being satisfied with their job. It's not the customer's fault, but it's the customer who receives their rage. So it's already time for AI to take place.

Services like cleaning can be already executed by AIs, automatons. It's a win-win situation: people who don't want to work won't have to work anymore, and people who hire services can have a pleasant and satisfied employee working for them.

[jackpotmaster]

Let's face it. AI is not going anywhere.

Let's face it, what you call an AI is just an advanced algorithm. It is a big hype with a new marketing term. Whether we will have real artificial intelligence or not, nobody knows. It could be 5 years away but also 500.

First of all, not all jobs can and will be taken by AI. There would still be jobs that would require actual human labor. Social workers or those who have to interact and communicate with people would not be replaced by AI. Do not think that you would be talking to your therapist and it is AI. AI may be something you can "talk" to but it does not have the emotional depth a person has. You may want to consider this field.

Advanced robotics + advanced algorithm does not equal AI. There is massive change through automation, but stop talking about this nonsense AI. We do not have AI. We are not even close to AI.

Actually, be thankful if AI replaces humans at jobs, because only a minority wants to work these days. It's quite stressful and annoying to hire a service or to go out to a restaurant or fast food to receive a nasty and rude treatment by the attendant, due to them not being satisfied with their job. It's not the customer's fault, but it's the customer who receives their rage. So it's already time for AI to take place.

Services like cleaning can be already executed by AIs, automatons. It's a win-win situation: people who don't want to work won't have to work anymore, and people who hire services can have a pleasant and satisfied employee working for them.

And the people who don't work should be rewarded for being lazy? Genius idea, it totally will work out fine. Have you never seen an experiment what happens to monkeys when you give them access to massive amount of food without any effort?

[Moreno233]

The title of the thread is "How to reshape the economy with the rise of AI" and the body of the work is discussing how AI cannot replace humans in the workplace.

I think the OP have diverted the post a little by subtly introducing some contradictions between the title and the body of the post. From the title, the post is supposed to be how to integrate AI into businesses for better productivity but the body of the post is another argument of AI taking away the jobs. AI will not take away the jobs, it will just be one fine addition for greater efficiency in the entire deliverables.

[uneng]

And the people who don't work should be rewarded for being lazy? Genius idea, it totally will work out fine. Have you never seen an experiment what happens to monkeys when you give them access to massive amount of food without any effort?

Well, as far as I know people who don't work are already rewarded somehow these days. They make a small income from government's welfare programs, so it's likely it will remain like this in a future where AIs/robots will do most of the work and effort for society.

I don't know what it's going to happen with those people, because it really depends on their free will. It's up to them to decide what to do with their spare time. Some end falling for addictions, noxious behavioral patterns, while others may use it for enlightening purposes, like spending quality time with each other and nature, studying, developing themselves and pushing society to the next level.

[jackpotmaster]

And the people who don't work should be rewarded for being lazy? Genius idea, it totally will work out fine. Have you never seen an experiment what happens to monkeys when you give them access to massive amount of food without any effort?

Well, as far as I know people who don't work are already rewarded somehow these days. They make a small income from government's welfare programs, so it's likely it will remain like this in a future where AIs/robots will do most of the work and effort for society.

Most of those people are fat, sick or both. They don't engage in any healthy behaviors, and it is not because of a lack of access to doctors or information. Therefore, giving them more money would only create a bigger problem.

I don't know what it's going to happen with those people, because it really depends on their free will. It's up to them to decide what to do with their spare time. Some end falling for addictions, noxious behavioral patterns, while others may use it for enlightening purposes, like spending quality time with each other and nature, studying, developing themselves and pushing society to the next level.

Most people can't live in a healthy way without work given to them, that's exactly what I am telling you. Doing something like this that will knowingly make the population sicker both physically and mentally is a mistake.

[rachael9385]

Let's face it. AI is not going anywhere. We keep saying that it will develop soon enough to become dangerous to the people but there is no way of stopping it. Trying to stop innovation would be counterproductive. Instead, why don't we think about how to work our way around AI instead? How can we still contribute to the economy even with the existence of AI?

First of all, not all jobs can and will be taken by AI. There would still be jobs that would require actual human labor. Social workers or those who have to interact and communicate with people would not be replaced by AI. Do not think that you would be talking to your therapist and it is AI. AI may be something you can "talk" to but it does not have the emotional depth a person has. You may want to consider this field.

Even though it has been made easy trying to make a piece of art, nothing still beats the way a human can express their creativity through different forms of art. AI art right now still looks too much like AI. Robot generated with no actual story and meaning unlike art made by human. Health workers and lawyers are less likely to be replaced by AI. Carpenters, technicians and etc are also jobs AI can't replace just yet. Even if we are old, it will not hurt to learn new things in new industries.


AI will not only be taking away jobs, it will also generate new ones. AI does not function on its own. It is made by humans also to replicate what other humans has already done to create something a human has asked of it. Software engineers are going to be needed if more companies are wishing to put out AI. So, even though the rate of which AI is booming may be concerning.... not all hope is lost.

There is and will always be place for humans in the economy even with the existence of AI.

People talk about how Ai can turn against humanity but I think that it's just a conspiracy theory, the creators are humans so that isn't really an accurate thing to predict. Ai is now making life easier and it's fetching people a lot of money on the internet. People make video clips with ai and do a lot of lucrative things with it. It can be used to your advantage only if you are smart enough to make proper use of it

[r_victory]

One of the best ways to contribute to the economy in the AI era is to learn to collaborate with it. With the new technology, a demand for professionals skilled in its roles has been generated. Professions like Prompt Engineering and AI Automation Consultants have emerged in this new wave. Just learn and ride it…

[el kaka22]

Instead of being the person whose job is taken by the AI, become the person who uses AI to make it work. That would allow you to be a lot more income oriented and you can do a better job. I have already seen some people started using AI heavily to create social media accounts, they do videos, and what not, using AI, and they do captions, and basically all around use AI to make it work.

So do not be afraid to give it a try, I am sure that you are going to end up with a lot better result, it should not be that complicated, because AI is used by so many people now, and it's a very good thing to make money from. If you can be careful, then I am sure that you are going to be able to use it as well, shouldn't be a problem.

[abhiseshakana]

One of the best ways to contribute to the economy in the AI era is to learn to collaborate with it. With the new technology, a demand for professionals skilled in its roles has been generated. Professions like Prompt Engineering and AI Automation Consultants have emerged in this new wave. Just learn and ride it…

The explosion of interest in and access to information technology and AI, the current trend, will inevitably lead to a surplus of technology workers. Many people are learning coding and AI because access is increasingly easy; many countries are even encouraging coding curriculums starting at elementary school. Many are only learning superficially or "following the trend," not all of them reaching an advanced or industry-ready level.

In the future, there could be a surplus (low-skilled or entry-level) due to the oversupply of graduates with similar skills. Mid- to high-skilled skills, such as AI ethics, cloud engineering, machine learning ops, and cybersecurity, are still in dire need. So, there will be a large number of people who can code, but the market only needs those who are truly skilled, adaptable, and specialized.

Job demand will remain high, but there will be a shift. AI itself will automate many jobs, including those in the technology sector, and new roles will emerge. Ultimately, those who survive will be those who are adaptive, continuously learning, and possess combined advantages, for example, understanding AI and agriculture, becoming an AI agri-expert. So, a quantity surplus is certain, but not a quality surplus.

[shield132]

Let's face it. AI is not going anywhere. We keep saying that it will develop soon enough to become dangerous to the people but there is no way of stopping it. Trying to stop innovation would be counterproductive. Instead, why don't we think about how to work our way around AI instead? How can we still contribute to the economy even with the existence of AI?

First of all, not all jobs can and will be taken by AI. There would still be jobs that would require actual human labor. Social workers or those who have to interact and communicate with people would not be replaced by AI. Do not think that you would be talking to your therapist and it is AI. AI may be something you can "talk" to but it does not have the emotional depth a person has. You may want to consider this field.

Even though it has been made easy trying to make a piece of art, nothing still beats the way a human can express their creativity through different forms of art. AI art right now still looks too much like AI. Robot generated with no actual story and meaning unlike art made by human. Health workers and lawyers are less likely to be replaced by AI. Carpenters, technicians and etc are also jobs AI can't replace just yet. Even if we are old, it will not hurt to learn new things in new industries.


AI will not only be taking away jobs, it will also generate new ones. AI does not function on its own. It is made by humans also to replicate what other humans has already done to create something a human has asked of it. Software engineers are going to be needed if more companies are wishing to put out AI. So, even though the rate of which AI is booming may be concerning.... not all hope is lost.

There is and will always be place for humans in the economy even with the existence of AI.

Many jobs that you describe will soon be replaced by AI. AI can easily replace customer support, therapists also in the future, when its emotional understanding will improve because its advanced reasoning is very good. Google Veo is very good at generating realistic videos and in a few years, I believe that it will replace photography and filmography. It will also soon replace UI/UX designers, front-end and back-end developers. It doesn't mean that everyone in this profession will be jobless but there will be only a few humans instead of 100 or 1000 developers and with the help of AI, they'll maintain the software.
The only niche where I believe that AI will not replace humans anytime soon is trades. I can't imagine a plumber AI robot. I believe that trades will become the highest-paid professions.

[retreat]

-snip-

AI will not only be taking away jobs, it will also generate new ones. AI does not function on its own. It is made by humans also to replicate what other humans has already done to create something a human has asked of it. Software engineers are going to be needed if more companies are wishing to put out AI. So, even though the rate of which AI is booming may be concerning.... not all hope is lost.

There is and will always be place for humans in the economy even with the existence of AI.

It's important to emphasize that while AI will replace many jobs, especially repetitive ones, opportunities will always exist for those willing to put in the effort. The key lies in a person’s willingness to adapt and continuously learn, rather than clinging to outdated methods. In today's rapidly changing world, the ability to think critically, innovate, and develop new skills is a valuable asset.. especially for those looking to enter emerging fields such as blockchain, AI, and others, these opportunities will be even greater for them as these technologies continue to evolve and the demand for skilled personnel in these areas continues to grow. Therefore, pessimistic people will be left behind if they continue to see change as a threat rather than an opportunity, while for those who are optimistic, opportunities will always be within reach.

[Zigabel]

Everything OP has said is very much on point, many persons have been instilled with the fear of AI taking over every of the sectors where human work and bringing threats to many human jobs but these people fail to understand that AI is and was programmed by humans, AI will always be subjected to human control because it depends mostly on the information humans have made available over the years so there's no information AI actually generates on its own except that which humans has supplied it


With technical jobs thet requires manual labour, AI cannot be a better substitute and even for soft skills where it seem like AI can take over, in the actual sense, AI does makes the work easier and reduces the number of persons needed to carry out the task but not that it completely takes out the human presence from the whole scene because humans as actually the master planners AI cannot do without.

[Pablo-wood]

Actually, be thankful if AI replaces humans at jobs, because only a minority wants to work these days. It's quite stressful and annoying to hire a service or to go out to a restaurant or fast food to receive a nasty and rude treatment by the attendant, due to them not being satisfied with their job. It's not the customer's fault, but it's the customer who receives their rage. So it's already time for AI to take place.

Al might handle the kitchen duties and serving but humans will still be needed for hospitality, emotional intelligence, and adaptability. I feel AI  will modify job description other than replace them. No matter how advanced AI becomes, that human interaction shared at various sectors of the economy will always be needed. So instead of total replacement, we’ll see role transformation  where workers become more like AI supervisors or prompt engineers guiding intelligent systems


AI still needs human input. Without clear, relevant, and ethical prompts or configurations, AI could misfire or deliver poor results. Meaning people who understand how to interact with AI systems will become increasingly valuable.

[d5000]

https://fortune.com/2023/06/23/lawyers-fined-filing-chatgpt-hallucinations-in-court/

Of course lawyers should not use ChatGPT

There are several firms instead developing specialized models for the legal services industry. And I think such a tool, if it can reference the sources, is not that difficult to implement in a way no hallucinations are possible.

Similar to medicine who know what those LLM invent and what is correct. Checking will be challenging.

There is progress with this too, as the hallucination problem is known for several years. I think the way sources are linked in current LLMs even for "mainstream" chatbots like Gemini is already a significant progress from the 2022/23 era chatbots.

[DaNNy001]

Ai is here to stay and the use of it is becoming a norm, guess what's going to happen in 20 years time if people are already ai to do a lot now....I think that they are also consequences and disadvantages of it...due to how responsive ai is a lot of people have become too comfortable with it and they rely on it to do everything...some people can't do little things themselves if they don't use ai

[ShowOff]

Everything OP has said is very much on point, many persons have been instilled with the fear of AI taking over every of the sectors where human work and bringing threats to many human jobs but these people fail to understand that AI is and was programmed by humans, AI will always be subjected to human control because it depends mostly on the information humans have made available over the years so there's no information AI actually generates on its own except that which humans has supplied it


With technical jobs thet requires manual labour, AI cannot be a better substitute and even for soft skills where it seem like AI can take over, in the actual sense, AI does makes the work easier and reduces the number of persons needed to carry out the task but not that it completely takes out the human presence from the whole scene because humans as actually the master planners AI cannot do without.

People should be grateful rather than worried about the current developments in AI, I think everyone should learn how to adapt to these developments. In my opinion, in the future, AI will become a necessity in almost every field, both education and employment. AI will be the most effective tool to assist, and anyone who cannot adapt will be left behind.

I share this understanding, AI will not replace humans, it is simply a tool created to assist humans. However, the gap in education and employment may widen, and those living in poor countries with limited internet access will feel the impact. I think this is the real concern that governments in poor countries should be addressing.

[Darker45]

AI won't replace humans; it rather boosts and improve human productivity, creativity, and otherwise. It widens humans' perspective. It makes things easy for them. It makes knowledge much more accessible. So, rather than painting AI as a threat, an evil innovation, humans should fully embrace it and exploit it. AI isn't an enemy.

That's precisely how the economy benefits from it. For example, you can't underestimate AI's potential contribution to research. A country that's determined to achieve its full potential, or even a private company that wants to improve its production, goes deep into and spends big in research. That's true whether the focus is on agriculture, health, various infrastructure, defense, manufacturing, engineering, or others. AI makes it a lot easier for them.