AI will leave all human jobless at one point in future: Elon Musk

Muhammad Ebad

12 November 2023

AI will leave all human jobless at one point in future: Elon Musk — "AI is like a magic genie that gives you any wishes you want. However, fairy tales rarely end well. One of the future challenges is how do you find meaning in life?" - Elon Musk

Table of Contents

Optimistic Projections: An Age of Abundance and Universal High Income

Elon Musk, founder of X, shares an optimistic vision for AI future during a conversation with UK Prime Minister Rishi Sunak. Musk envisions an “age of abundance,” where AI contributes to a “universal high income,” shifting away from universal basic income. This suggests transformative changes in how society perceives work and income.

A Paradigm Shift: Jobs for Personal Satisfaction

Elon Musk predicts a future where traditional jobs become optional, and individuals pursue employment primarily for personal satisfaction. AI, a “magic genie,” is seen as capable of fulfilling diverse human wishes. However, Musk injects caution, noting unforeseen consequences often associated with fantastical scenarios.

Challenges on the Horizon: Humanoid Robots and Safety Concerns

While Musk expresses optimism about AI, he highlights concerns regarding humanoid robots. He warns about their potential to follow individuals anywhere, raising questions about safety and ethical considerations. Musk emphasizes the critical need for a physical off switch, contemplating risks associated with unforeseen software updates altering their behavior.

Sunak’s Reflections: Parallels with Movies and Safety Measures

In response to Musk’s concerns, Sunak draws parallels with movies where robots are switched off for safety. This acknowledgment underscores the need for careful consideration of the ethical implications of advancing AI technology.

Collective Commitment: New Safety Testing Regime

The two-day AI summit at Bletchley concluded with a significant development – Western governments and companies in cutting-edge “frontier” AI agreed to implement a new safety testing regime. This collective commitment demonstrates a proactive approach to addressing challenges and ensuring ethical, responsible development and deployment of AI technologies.

Balancing Act: Striking Harmony Between Innovation and Oversight

While Musk’s vision paints an optimistic future, his caution on humanoid robots highlights the delicate balance required in AI’s integration into society. As the world embraces AI’s transformative power, ongoing dialogue, regulation, and ethical considerations will be crucial in navigating the evolving landscape. The collective commitment to a new safety testing regime reflects a shared responsibility to harness AI’s potential while safeguarding against potential risks.