Connect with us

Bloomberg Technology

AI Will Automate Many White-Collar Jobs: Amplo’s Ross

Alec Ross is a tech policy analyst and board member of VC firm Amplo and was a former senior advisor for Innovation to the Secretary of State under the Obama Administration. He joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology” to discuss the impact of AI on the economy and the startup ecosystem. ——–…

Published

on

Alec Ross is a tech policy analyst and board member of VC firm Amplo and was a former senior advisor for Innovation to the Secretary of State under the Obama Administration. He joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology” to discuss the impact of AI on the economy and the startup ecosystem.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading
Advertisement
3 Comments

3 Comments

  1. @kurdi98k

    February 13, 2024 at 6:20 pm

    Probably not because automating white-collar jobs (to a significant extent) means a much lower tax revenue for the U.S. , lower consumer spending power, and in turn lower corporate revenue in aggregate.

  2. @normanoro206

    February 13, 2024 at 7:04 pm

    Alec Ross’s comments are intriguing. I’m not a legal expert and he may have some proprietary knowledge of generative AI in the legal field; however, generative AI offerings currently available to the public aren’t yet able to do everything that a lawyer does. In fact, although the technology continues to advance at a breathtaking pace, there are stories of lawyers who tried to use the technology only to get burned when the AI “hallucinated” and cited cases that don’t exist. Nevertheless, AI currently is good at many things. This includes summarizing documents, which probably consumes a lot of time in law firms and within legal teams. Even this, however, probably warrants at least some caution and review of the resulting summaries just in case. I’m an AI optimist and I believe this role for AI is probably the one preferred by most currently: An aid to human capabilities rather than a replacement. Eventually, however, the point that Alec Ross made will be realized. AI will one day enable the automation of white-collar jobs. Hopefully, this is the result of a gradual evolution of the relationship between people and AI so that the labor mix within society and the skills sets people have can adjust gradually without sudden large-scale displacements within the workforce. However, I think we as a society have to be open to the other possibility: That the change will happen very rapidly, which would open the door to significant disruptions in the labor force and potentially even social unrest. Fortunately, there’s time (for now). And the companies leading the charge in developing AI have voiced a commitment to doing so responsibly. This is notable considering the powerful financial incentives to develop better and more powerful offerings, as well as the unyielding pressure placed on these companies to monetize the resulting technology. Of course, even now, many criticize instances where companies seem to fall short of the beliefs they espouse with respect to AI. However, whether it’s warranted or not, this is necessary. It’s yet another force to hold companies to their commitments while bringing other voices and stakeholders into the conversation who should be heard.

  3. @nextcurve

    February 13, 2024 at 7:25 pm

    There is proof that AI can’t replace lawyers. In fact using generative AI and trusting the outputs can be very risky to a lawyer and their clients. This applies to other white collar jobs as well. They will be difficult to displace with AI of any sort. Person in the loop is important in any AI-assisted “solution” or operation.

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

Published

on

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Bloomberg Technology

Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

Published

on

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

Published

on

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending