What is the news?
The use of Artificial Intelligence (AI) is increasing rapidly in all sectors around the world. People consider this technology very useful, but many experts are also giving serious warnings about it. Meanwhile, a new statement by Matt Shamar, Chief Executive Officer (CEO) of New York-based AI startup Hyperright is in the news. He has said that in the coming time, the impact of AI may be bigger than the Covid epidemic.
What did Matt Schumer say?
Shummer said in his article that AI could eliminate a large portion of entry-level white collar jobs in the next few years. He claimed that about 50 percent of early office jobs could be affected. He says that new AI models are developing so fast that major changes will start appearing by the end of this year. This can also have a deep impact on the economy.
AI is improving itself
Shamar also said that AI is no longer just a tool to do work, but is also becoming capable of improving itself. Referring to a recently introduced advanced AI model, he said that it not only follows instructions but can also take intelligent decisions. According to him, AI is now also helping in creating other AI systems, due to which its capability is increasing rapidly.
Emphasis on the need for preparation
The CEO warned that common people are not yet able to fully understand the true power of AI. He says that those who are using advanced and paid AI tools on a daily basis are watching the pace of change more closely. He told the people that it is important to prepare well in time, because in the coming years we may see major changes in the job market and working methods.
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