Goldman Sachs estimates that about 300 million full-time jobs could be lost worldwide as AI technology booms.
Shares of U.S. chipmaker Nvidia (NVDA) are up a staggering 234 percent this year, with shares of Google's parent company Alphabet (GOOGL) up 53 percent and Microsoft (MSFT) up about 37 percent. This is no coincidence. AI stocks are soaring — tech stocks are up about 33 percent this year.
But what does it really mean to invest in an AI company? Some would say it's an investment in innovation and productivity. Others might argue that these are code names for replacing jobs with advanced technology.
According to recent polls, about two-thirds of Americans fear AI will take their jobs. There are radical claims that about one in five American workers are employed, and that the most important activity could be replaced or assisted by artificial intelligence.
On the other hand, the situation is that labor in the United States is expensive, and it is getting more expensive. Although inflation in the United States has fallen and economic growth has cooled, the labor market remains low. That's a big deal for Fed officials, who have spoken openly about their concerns about the wage price spiral — a feedback loop that drives inflation as people make more money and go out to spend. This has further prompted companies to adopt artificial intelligence tools to reduce labor costs.
Recently, OpenAI launched an enterprise version of an artificial intelligence tool called "ChatGPT Enterprise", and it is expected that many well-known enterprises will adopt such tools for business activities. In pursuit of higher profit margins, the replacement of people's jobs by artificial intelligence is inevitable.
#Artificial Intelligence ##人工智能的利与弊#
