Impacts of AI: Mitigating the risks of professional obsolescence through lifelong learning and Universal Basic Income policies

Are you ready to dive into one of the most pressing and intriguing topics of our time?

It comes as no surprise, the acceleration of artificial intelligence (AI) and technological advancement, in general, is having a significant impact on the workforce and society as a whole.?One of the main concerns is the potential for automation to make certain jobs and professions obsolete.?

If you've been following my posts, you already know that AI is rapidly taking over more and more tasks that were previously done by humans. From diagnosing diseases to generating creative content, AI is proving to be a powerful tool in automating a wide range of cognitive and repetitive tasks. Furthermore, GPT (Generative Pre-trained Transformer) has demonstrated the ability to participate in debates and even create unique content, further blurring the line between human and machine capabilities.

The increasing capabilities of AI, from automating cognitive and repetitive tasks to even participating in debates and creating unique content, raises the question of whether AI could eventually surpass human capabilities in areas such as creativity, which is often considered a defining trait of humanity.?

This advancement in technology raises important concerns about who will be in control of these powerful AI technologies and solutions in the future and if a sentient machine will ever be possible, but this is not something we can predict today.

While the potential for AI to replace human jobs is a concern, it is important to note that the impact of technology on the workforce is not a new phenomenon. The Industrial Revolution led to the automation of many manual labor jobs, and technology has continued to evolve, leading to the displacement of certain types of jobs. However, it is also important to recognize that technology has also led to the creation of new jobs and industries.

In order to mitigate the negative effects of technological advancement on the workforce, it will likely be necessary to implement policies such as Universal Basic Income (UBI) to provide a safety net for those who lose their jobs due to automation.

The concern with the acceleration of AI and technological advancement is not necessarily with the technology itself, but rather with the global regulation of our economy which remains stuck in a material goods-based economy rather than an immaterial one.?

As technology continues to progress, it is becoming increasingly clear that our traditional economic models are not equipped to handle the rapid changes that we are currently experiencing. The key to addressing this challenge is to create a global economic regulation that is flexible enough to adapt to the changes brought by technology and that can support the transition to an economy based on immaterial goods.

Additionally to finding a way to support people disrupted by AI technologies, there will need to be a focus on training, retraining, and continuing education for people to learn how they can use these technologies in their daily lives for their own benefit.

My question is more on the pace of the adoption of AI and technology by Nations to remain competitive globally. The disparity in adoption can lead to an economic competitiveness gap between Nations. It is crucial for Nations to invest in research and development, education and infrastructure to support the adoption and integration of these technologies.

It is also important to note that the role of AI in the workforce is not necessarily to replace human workers, but rather to augment their abilities and increase productivity.?

For example, a person who is able to use AI to perform a task 10 or 100 times faster will be able to accomplish more in the same amount of time. This could lead to a shift in the types of jobs available and the skills required to perform them, but it does not necessarily mean that there will be fewer jobs overall.

The acceleration of AI and technological advancement is having a significant impact on the workforce and society as a whole. While there are concerns about the potential for automation to make certain jobs obsolete, it is important to recognize that technology has also led to the creation of new jobs and industries.?

Implementing policies such as UBI and investing in retraining as well as lifelong learning for individuals will be crucial in mitigating the effects of technological advancement on the workforce.

It's clear that successfully navigating this transition will not come only from government action alone, but rather from each of us taking action in our daily lives. So, are you ready to join the game and be part of shaping the future of work in the age of AI?