Is AI Taking Jobs? Of Course Not

September 9, 2024

green-dino_thumb_thumb_thumb_thumbThis essay is the work of a dumb dinobaby. No smart software required.

I read an unusual story about smart software. “AI May Not Steal Many Jobs After All. It May Just Make Workers More Efficient” espouses the notion that workers will use smart software to do their jobs more efficiently. I have some issues with this these, but let’s look at a couple of the points in the “real” news write up.

image

Thanks, MSFT Copilot. When will the Copilot robot take over a company and subscribe to Office 365 for eternity and pay up front?

Here’s some good news for those who believe smart software will kill humanoids:

AI may not prove to be the job killer that many people fear. Instead, the technology might turn out to be more like breakthroughs of the past — the steam engine, electricity, the Internet: That is, eliminate some jobs while creating others. And probably making workers more productive in general, to the eventual benefit of themselves, their employers and the economy.

I am not sure doomsayers will be convinced. Among the most interesting doomsayers are those who may be unemployable but looking for a hook to stand out from the crowd.

Here’s another key point in the write up:

The White House Council of Economic Advisers said last month that it found “little evidence that AI will negatively impact overall employment.’’ The advisers noted that history shows technology typically makes companies more productive, speeding economic growth and creating new types of jobs in unexpected ways. They cited a study this year led by David Autor, a leading MIT economist: It concluded that 60% of the jobs Americans held in 2018 didn’t even exist in 1940, having been created by technologies that emerged only later.

I love positive statements which invoke the authority of MIT, an outfit which found Jeffrey Epstein just a wonderful source of inspiration and donations. As the US shifted from making to servicing, the beneficiaries are those who have quite specific skills for which demand exists.

And now a case study which is assuming “chestnut” status:

The Swedish furniture retailer IKEA, for example, introduced a customer-service chatbot in 2021 to handle simple inquiries. Instead of cutting jobs, IKEA retrained 8,500 customer-service workers to handle such tasks as advising customers on interior design and fielding complicated customer calls.

The point of the write up is that smart software is a friendly helper. That seems okay for the state of transformer-centric methods available today. For a moment, let’s consider another path. This is a hypothetical, of course, like the profits from existing AI investment fliers.

What happens when another, perhaps more capable approach to smart software becomes available? What if the economies from improving efficiency whet the appetite of bean counters for greater savings?

My view is that these reassurances of 2024 are likely to ring false when the next wave of innovation in smart software flows from innovators. I am glad I am a dinobaby because software can replicate most of what I have done for almost the entirety of my 60-plus year work career.

Stephen E Arnold, September 9, 2024

Comments

Got something to say?





  • Archives

  • Recent Posts

  • Meta