#AI #GenerativeAI #Automation #Productivity #Inequality #Unemployment: "I don’t think AI is at the point where it can be trusted on its own, but I think it’s a very powerful tool for doing a wide class of work that involves a lot of routine. Somebody trained ChatGPT on my data, and [I tested it] to see how well it did in answering journalist questions. I made up the questions, and I reviewed the answers. And I thought on half the questions, it did perfectly reasonably. And on three, it was totally wrong. So I think my view is: it’s not going to be unleashed without a lot of human interaction. You’re going to have to check it—not only the quality of the answer [but also] the bias and whether it’s gone down a rabbit hole and produced made-up references.
What about the possibility of AI creating jobs? Would that be enough to make up for some of the jobs that will disappear in the new AI era?
No, I don’t think so. I think it’s going to create a demand for different skills. So, for instance, AI is very much like a black box. And by that I mean even the people who create it don’t understand exactly how it’s functioning. So at least some people have speculated that managing an AI may require more linguistic humanities skills than mathematical skills. And it may create a change in the kinds of skills that are valuable in the labor market. I see it as, at least in many areas, increasing productivity enough that the demand for labor in those areas will go down. There will be jobs created, but my judgment is that there will be more jobs lost."