AI can help with aging problems: Eric Schmidt

Supporters of strong regulation of artificial intelligence have a long list of problems and risks that can support their argument, from short-term threats such as. spreading fake news to the remote threats of superintelligent AI taking on a personality (or “go Terminator,” in The words of Elon Musk). The central fear is that AI will be one of the most disruptive in recent history, and Goldman Sachs counting in March the technology will soon be replaced equivalent to 300 million jobs in the US and Europe. But the problem of losing jobs to AI can be confused with other people who are at risk, says the veteran. Google CEO and chairman Eric Schmidt: the developed world is rapidly declining birth rate.

“The truth is this. We don’t have enough children, and we haven’t had enough children for so long that there is a demographic crisis where people my age will be taken care of by younger generations,” Schmidt. he said to Wall Street JournalCEO Council meeting in London on Wednesday.

Schmidt refuted the “narrative” that new technologies will create chaos and lead to loss of life, saying that when it comes to AI, the biggest benefits would be good for efficiency and the technology’s ability to change jobs. which is already struggling to fill the shrinking labor market.

In the US, a historical labor market it may become even stronger in the coming decades due to the declining number of children. Except for the plague that caused the plague”baby donkey” in 2021, US fertility rates—the number of children a woman can expect to have in her lifetime—has been declining since the mid-2000s, including a decrease of 4%. in 2020.

Couples’ their financial concernsStudent loan and credit card violations debtand a focus on work are some of the reasons why America is having fewer children (another is that in the most developed countries, the birth rate seems to be low due to selection alone). Similar changes are taking place in developed countries Europe and East Asia, but this practice may have serious financial consequences in the years to come. They are breeding children resignation in increasing numbers every year, the shortage of young people to replace the elderly will cause a population and employment crisis in the coming decades.

“When it comes together, all the people will say that there will be a lack of people at work. Too many jobs and not enough people for the next 30 years,” Schmidt said.

Countries have come up with a number of strategies to deal with the problems caused by population growth. China announced recently motivational and motivational to address population decline, including improving women’s health care, providing 30 days of paid maternity leave in some areas, even reduce pregnancy loss. Many countries are also looking overseas to find workers, such as Japan – which previously opposed mixing its workers with many foreign workers – which has been happening in recent years. release its entry requirements.

In the US, people it grew last year after almost being crushed in 2021, mainly because of the influx of people. Several business leaders, including the CEO of Google and Alphabet, were born in India Sundar Photos-have long argued that the US should welcome more immigrants to fill their jobs.

AI could also play an important role in the country’s workforce crisis, especially in jobs where workers had already left during the first Great Resignation epidemic due to burnout and job insecurity. History shows that technology tends to fill gaps created by labor shortages. 2021 MIT learning found that aging accounted for 35% of the adoption of robotics and automation in various countries. The authors also noted that older countries that have also invested heavily in their robotics industries such as Germany, South Korea, and Japan are seeing better results in the labor market than the US.

Companies started using AI and electronic technology years ago in jobs like driving a car and bartendingjobs that many workers willingly he left during the plague. However, the recent growth of AI threatens to be short-lived and widespread, as of March learning Author ChatGPT OpenAI found that 80% of US workers could have 10% of their jobs affected by AI The threat AI brings to jobs is one of the reasons why OpenAI CEO Sam Altman urged Congress to regulate AI during his testimony earlier this month.

Schmidt said that AI will be a tool to help workers, but while it may be good for workers, the loss of jobs in the near future may be inevitable.

“What happens is that people like you, in business and so on, you do well. Eventually there will be a lot of job chaos, right? Some jobs get done, some jobs don’t.”

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