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Azeem Azhar's Exponential View

Azeem on AI: Where Will the Jobs Come from After AI?

Azeem Azhar's Exponential View

EPIIPLUS 1 Ltd / Azeem Azhar

Openai, Intelligence, It, Society, Technology, Review, Ai, Investing, Science, Economy, Business, Artificial Intelligence, Automation, Robots, Exponential, Future, Tech News, Work, Government, Exponential View, Economics, News, Gpt, Azeem Azhar

51.1K Ratings

🗓️ 19 May 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

In his brief commentary, Azeem Azhar shares his outlook on how artificial intelligence will change the labor market, drawing on research published by Goldman Sachs.

Transcript

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0:00.0

Where Thoriko, more than a tropical paradise, the island is a fast growing hub for innovators

0:06.4

with tax incentives, world-class talent, and a thriving entrepreneurial ecosystem.

0:11.7

Visit investpr.org today.

0:14.9

Game changers, welcome home.

0:23.9

Hi there, I'm Azimazal.

0:25.6

For the past decade, I've studied exponential technologies, their emergence, rapid uptake,

0:30.1

and the opportunities they create.

0:32.0

I wrote a book about this in 2021, it's called The Exponential Age.

0:36.7

Even with my expertise, I sometimes find it challenging to keep up with the fast pace

0:40.1

of change in the field of artificial intelligence, and that's why I'm excited to share a series

0:44.6

of weekly insights with you, where we can delve into some of the most intriguing questions

0:48.7

about AI.

0:50.6

In today's reflection, I look at an insightful research note from Goldman Sachs, titled

0:54.8

The Potentially Large Effect of Artificial Intelligence on Economic Growth, in which the authors

0:59.3

explore the labour market's future.

1:01.5

The study posits that global productivity could see an impressive uptake, ultimately boosting

1:06.3

global GDP by 7%.

1:08.3

And I wonder, where will the jobs come from after AI?

1:12.5

Let's dig in.

1:14.1

The headline finding was that productivity globally could eventually rise, and you could see

1:21.2

a rise in global GDP by 7%, which is no slouch.

1:25.9

There were also models that showed that US economic growth could jump from that sort of

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