The CEO of Anthropic just said something about AI and jobs that's slightly terrifying:
"I don't know exactly, but I'm still pretty concerned. I'm still the same order of concerned."
"I think we could have this very unusual combination of very fast GDP growth and high unemployment, or at least underemployment, or a lot of low wage jobs. High inequality."
Then he broke down the mechanics of how it happens:
"We are seeing right now that AI is making people more productive. But that's the usual hump. You automate 90 percent of the job. Great. People are ten times more productive in the other ten percent because they're ten times more leveraged."
"Now the sequel to that is, well, then you have to find something else for them to do."
"Right now AI makes the software engineers more productive even though AI writes all the code or almost all the code. But we're already starting to see the beginning of, you know, there may be some people that it's not..."
He trailed off. The CEO of the company that builds Claude, one of the most advanced AI systems on the planet, couldn't finish the sentence.
70 percent of Americans already think AI will kill jobs. Nearly a third worry theirs will be one of them. The man building the technology just confirmed their fear is the right order of magnitude.
GDP will soar. Unemployment will rise. Both at the same time. That combination hasn't existed in modern history, and the person closest to the technology says it's coming.
— Dario Amodei
@DarioAmodei, CEO of Anthropic