So I’ve been talking to different professors about the AI transformation and they’ve all been very clear that there will be an upcoming crisis my question is when do you think that crisis is going to hit the labor market?

So Peter zehan seems to think that the robotic labor crisis will happen around 20 40 but it seems like there will still be a prior crisis with AI and the labor market that’s likely to hit within the next 5 years.

Some people are claiming this crisis will hit within a year others are claiming it will hit within 5 years some are saying within 10 but almost everybody universally agrees it will happen.

My question is when do you think it will happen?

One of the things that has really surprised me about generative AI is it’s ability to allow one worker to do the job of 10, I spent 6 years of my life learning data analytics and learning how to program, I can now use chat gpt’s analysis feature to do that work in probably 30 minutes what could have taken me a week.

What that means is that you need less people to do more and this is the problem here it’s not that the jobs will disappear entirely it’s just that only the best or the most connected will have jobs and that’s not a good future.

So what’s your take?