DeepMind co-founder Mustafa Suleyman warns AI is ‘fundamentally labor replacing’

From Fortune:

Mustafa Suleyman co-founded DeepMind, and later sold the lab to Google parent company Alphabet for £400 million. Although a supporter of AI, Suleyman expressed worries at the World Economic Forum Annual Davos, Switzerland gathering, by saying “In the long term, we have to think very hard about how we integrate these tools” because they are “fundamentally labor replacing tools”.

According to DeepMind co-founder Mustafa Suleyman, AI tools do two main things fundamentally differently. First, they make existing operations more efficient, potentially replacing human jobs. Second, they allow for entirely new operations and processes to be created– a process that can lead to job creation.

A study by Carl Benedikt Frey and Michael Osborne in 2013 estimated that 47% of US jobs are at risk of being automated amid the AI boom by the mid-2030s. On the other hand, a 2022 United Nations’ International Labor Organization (ILO) study found that most AI systems will complement workers, rather than replacing them.

Experts have been debating whether AI will replace human workers for over a decade. A 2013 study estimated that 47% of US jobs are at risk of being automated amid the AI boom by the mid-2030s. Nonetheless, DeepMind co-founder Mustafa Suleyman remains an AI supporter, expecting the technology to impact labor markets in unpredictable ways.



Read more: DeepMind co-founder Mustafa Suleyman warns AI is ‘fundamentally labor replacing’