Altman is afraid of GPT: warning AI to the economyGoldentigercasino50freespinsThe impact is "underestimated."

What I saw on Wall Street

Sam Altman, chief executive of OpenAI, warned that it would be impossible to predict what would happen in the future without paying attention to the impact of artificial intelligence on the economy.

Rise of AIGoldentigercasino50freespins! Are you afraid that AI will take your job?

On Tuesday, May 7th, OpenAI CEO Sam Altman warned at a Brookings Institution symposium on artificial intelligence and geopolitics that the economic impact of artificial intelligence may be underestimated.

Altman points out that there has been less discussion about the impact of artificial intelligence on the economy this year than last year. He says he is worried about what will happen if people don't take these concerns seriously.

"GPT- 4 doesn't have a huge perceptible impact on the economy, so people think,'Oh, well, we're so worried about this, it's not a problem,'" Altman said. "what I'm worried about is that we don't pay enough attention to this issue in the future, and it's a huge problem."

New research reveals how artificial intelligence can disrupt the economy. According to research by the International Monetary Fund, artificial intelligence may affect about 60% of jobs in developed economies, about half of which can be automated, which could lead to reduced recruitment and wages. Another study shows that nearly 12 million American workers may need to change jobs by 2030.

Although some people believe that artificial intelligence can help employees save time, improve productivity, and even earn more money, Altman is still worried about the potential impact of artificial intelligence on the labor market. He has expressed "some fear" of ChatGPT and warned that the technology could destroy many jobs.

Goldman Sachs research also points out that generative AI may have a profound impact on global economic growth. It is estimated that 300m full-time jobs may face automation, of which 1/4 could be replaced by generative AI.

While AI may replace some jobs, Goldman Sachs also points out that the automation brought by AI is more of a substitute for jobs that can be made up for by creating new jobs, which will be the main source of long-term job growth. Therefore, while the impact of AI on the labour market may be significant, it is also possible to provide a boost to the economy.

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