Billionaire Mark Cuban predicts ‘just one kind of job’ will go due to AI
Boss of online prescription service Cost Plus Drugs Mark Cuban says workers could be at threat from artificial intelligence if their jobs is based around saying ‘yes or no’ all the time
A billionaire doesn’t reckon psycho scumbag robots will steal jobs that require humans to use their brains. Mark Cuban, 66, the boss of online prescription service Cost Plus Drugs, also says workers should supervise AI and ensure data networks are being trained on and the resulting output are correct.
He said: “If your job is answering the question, ‘Yes or no’ all the time – AI is going to have an impact. If your job requires you to think AI won’t have much of an impact.” Mark, who is worth £4.5billion, was addressing fears about the impact bots could have on white collar jobs.
He said it “takes intellectual capacity” to fill bots with the information they need. The tycoon added: “So somebody who understands what the goal is, somebody who’s been doing this for years, has got to be able to input feedback on everything that the models collect and are trained on.
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“You don’t just assume the model knows everything. You want somebody to check – to grade their responses – and make corrections.”
Mark also said the impact of AI on any firm’s workforce levels will be on a case-by-case basis. He said: “Every company is different. But the biggest determinant is how well the company can implement AI.”
His reassurances come despite bleak warnings about AI’s power to devastate jobs and the future of humanity. The World Economic Forum said 2023 bosses expected 44% of workers’ skills would be “disrupted” within five years.
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There are also warnings employees will need a massive amount of retraining to blend into a future dominated by AI.
But a study by management consultants McKinsey found AI won’t devastate white-collar roles such as those in legal or finance.
It added the tech has the power to enhance existing jobs in the long term by automating about 30% of the overall hours worked in the US alone.
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