Elon Musk: ‘There Will Come a Point Where No Job Is Needed. AI Will Be Able to Do Everything, & UK Prime Minister Discuss AI’s Global Risk

Elon Musk recently discussed the future impact of AI, predicting that there will come a point where no job is needed because AI will be able to do everything. Speaking at an event in London with UK Prime Minister Rishi Sunak, Musk highlighted that AI could become smarter than the smartest human, potentially leading to a future where people work only if they want to, for personal satisfaction.

Quote of the Issue

“If the robot can recognize the clean flame of life in men who have never fallen from life then he repents, and his will breaks, and a great love of life brings him to his knees, in homage and pure passion of service. Then he receives the kiss of reconciliation and ceases to be a robot, and becomes a servant of life.”

Musk also mentioned the possibility of a “universal high income” to ensure everyone benefits from this technological advancement. While he acknowledged the potential for AI to create a utopia with no scarcity of goods or services, he also noted the significant societal changes and challenges that could arise.

Elon Musk’s robot revolution isn’t here yet, The Essay.

Elon Musk told UK state head Rishi Sunak there "will come where no occupation is required" as the extremely rich person business visionary portrayed man-made consciousness as the "most troublesome power ever" in a colossal discussion. Talking in the luxurious Lancaster House in London, the Tesla CEO and proprietor of SpaceX and X said he accepted there would come when "you can have some work on the off chance that you need a task . . . however, man-made intelligence will actually want to do everything". The conversation between the two worldwide figures comes as the UK government shut its two-day culmination in Bletchley Park intended to shape worldwide principles and analyze the outrageous dangers around the advancement of computer based intelligence, for example, its conceivable extension to help with the improvement of natural and synthetic weapons by accursed entertainers. - The Monetary Times, 11/03/2023

As any Money Road sharpie knows, on the off chance that you need to make a conjecture, utilize a number or a date — yet not both. You can say "The Dow is gone to 50,000" or "The Dow's greatest days are in front of it," yet keep away from "The Dow will hit 50,000 toward the finish of 2025" or whatever. In view of that, I'm not having a major response to Elon Musk's telling UK Top state leader Rishi Sunak at the Bletchley Park global simulated intelligence culmination that there "will come where no occupation is required. You can have some work in the event that you need a task . . . be that as it may, man-made intelligence will actually want to do everything."

Obviously, it's anything but a clueless assessment using any and all means. Musk appears to be very focused on Tesla's humanoid robot program, known as Tesla Bot or Optimus, and the work appears to taking huge steps. He likewise declared today that his xAI, his computerized reasoning organization, will deliver its most memorable item on Saturday. So Musk clearly has in excess of a passing information about the condition of the two advancements.

Robots when and where?

But notably, the entrepreneur didn’t offer a timeline indicating exactly or even approximately when no job would be needed. So what do we do with that?

I would note, though, that in a 2022 Goldman Sachs analysis on the job-market potential of humanoid robots, the bank forecasted that in the most optimistic scenario, humanoid robots could fill between 48 percent to 126 percent of the projected US manufacturing labor shortage if they were able to operate for either 8 or 20 hours a day. In the bank’s baseline prediction, robots would only make up about 4 percent to 9 percent of this gap. So even in the most bullish forecast, robots would only be erasing a labor shortage in a single sector by 2040 or so rather than being able to perform every job throughout the economy.

What are your thoughts on this vision of the future?

Until further notice, then, at that point, I will zero in additional on the thing latest things are proposing about the speed of tech progress in simulated intelligence and mechanical technology — and how that progress might be helping drive a posssibly speed increase in US efficiency development. Also, as you could have heard, there was uplifting news this week about work efficiency.

US work efficiency rose at the quickest pace in three years in the second from last quarter, up 4.7 percent in the wake of climbing 3.6 percent in the earlier period. The back to back propels recommend organizations are further developing effectiveness, assisting with counterbalancing inflationary pay development. Notwithstanding exorbitant loan fees, business speculation stays consistent, helping support the economy's drawn out monetary development.

Elon Musk & UK Prime Minister Discuss AI’s Global Risk

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