Valuetainment - February 28, 2024


The AI Revolution: Will Robots Take Your Job?


Episode Stats


Length

9 minutes

Words per minute

226.0954

Word count

2,095

Sentence count

189

Harmful content

Misogyny

1

sentences flagged

Toxicity

11

sentences flagged

Hate speech

5

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode, we discuss the impact of advanced artificial intelligence (AI) on our jobs and how it will impact us in the future. According to McKinsey, by 2030, at least 14% of employees globally might need to change their careers due to digitization, robotics, and AI advancements.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.080 According to World Economic Forum, 85 million jobs will be replaced by AI by 2025.
00:00:05.680 And on top of that, PwC, Pricewater Cooper, said an estimated 30% of all jobs will be
00:00:10.960 replaced by AI in mid-30s.
00:00:12.600 Goldman Sachs said 300 million jobs are going to be replaced.
00:00:15.180 But a data came out, which is very crazy, breaking down who does AI hurt the most, men
00:00:20.000 or women, whites, blacks, Hispanics, Asians, those with a high school diploma, those with
00:00:24.880 bachelors, those with masters.
00:00:26.280 And then what jobs are going to be replaced?
00:00:27.840 What jobs are going to be protected?
00:00:29.760 And then what new skill sets are on the rise?
00:00:31.760 We're going to talk about all of that today.
00:00:42.420 Give Ali out of this video, give it a thumbs up, subscribe to the channel.
00:00:45.020 So check this out.
00:00:45.780 According to McKinsey, by 2030, at least 14% of employees globally might need to change their
00:00:51.480 careers due to digitization, robotics, and AI advancements.
00:00:55.560 So what is Pew Research saying on who's going to be affected by AI?
00:00:58.640 If you look at this chart here, look what it says.
00:01:01.700 What shares of workers are the most exposed to AI in their jobs?
00:01:04.580 So men, 17%. 0.74
00:01:06.320 Women, 21%, more than men. 0.97
00:01:08.700 Whites, 20%. 0.76
00:01:10.100 Blacks, only 15%. 0.97
00:01:11.580 Hispanics, only 13%.
00:01:13.160 Asians, highest, 24%.
00:01:14.960 AI is going to impact Asians the most, according to this.
00:01:19.480 Then it goes to education.
00:01:21.360 Less than a high school diploma?
00:01:22.660 It's not going to affect you.
00:01:23.700 Why, though, somebody may ask.
00:01:25.120 High school diploma, 12%.
00:01:26.760 Some college, 19%.
00:01:28.340 Lucky bachelors.
00:01:29.320 The most educated people who have gone to this school and educational system that we
00:01:34.200 have, that we're going to be all free if we get this degree.
00:01:36.420 They are the ones, 27%, most likely to be impacted by AI.
00:01:41.420 But I'm following what you're telling me to do.
00:01:43.420 I went to school.
00:01:44.420 I got this degree.
00:01:45.500 How can this impact me?
00:01:46.700 There's a reason for it.
00:01:47.780 Let's break it down.
00:01:48.780 Because on this next page, it talks about what jobs are going to be automated.
00:01:51.980 Number one, customer service representative, automated.
00:01:55.320 Receptionists, automated.
00:01:56.740 Accountants and bookkeepers, automated.
00:01:58.840 Salespeople, automated.
00:02:00.120 Research and analysis, automated.
00:02:01.820 Warehouse work, automated.
00:02:03.440 Insurance underwriting, automated.
00:02:05.320 Retail, automated.
00:02:06.540 Now, here's something that says which jobs will not be replaced at all.
00:02:09.200 Number one is teachers, which I don't know about that, because I think a lot of teachers,
00:02:12.000 how many people are taking Udemy classes, and there's going to be these videos that are
00:02:15.080 being made that are faceless videos.
00:02:16.860 It's just audio, put the content, go.
00:02:18.820 You know how many YouTubers right now have millions of subscribers you don't ever see
00:02:21.980 a face?
00:02:22.460 It's just automated.
00:02:23.500 You can create content.
00:02:24.680 Now, did you watch the video of Sam Altman talking about the new advanced AI, what it's
00:02:29.520 doing?
00:02:29.920 A guy says, here, let me show you guys what this got.
00:02:32.100 Hundreds of millions of views on social.
00:02:34.000 We'll give you an example of it.
00:02:35.060 One guy says, how about a person walking in the streets of Japan while it's snowing?
00:02:39.260 Advanced AI just made that video, and it looks 100% real.
00:02:42.260 What if somebody is stuck in, you know, space, and he's wearing a red something hat or whatever
00:02:46.940 it was, that person is created walking on space, going to a spaceship.
00:02:51.440 All of these people are putting this stuff.
00:02:53.440 Within seconds, that video pops up.
00:02:55.440 Do you know what happens to the film industry?
00:02:57.260 I need a scene with somebody going through this.
00:02:59.320 Boom, within seconds.
00:03:00.300 You know what's going to happen with editors?
00:03:01.760 I mean, obviously, no one's listening.
00:03:02.980 You are editors.
00:03:03.780 Do you know what's going to happen to these editors?
00:03:05.480 I have two editors here right now asking me to be a construction worker at the end of
00:03:08.280 this video.
00:03:08.780 I told them, no, Sam and Mike.
00:03:10.100 We're not doing it.
00:03:11.060 You're going to be editing for us.
00:03:12.280 Teachers, in my opinion, will be affected by this.
00:03:14.320 But in this opinion, according to Pew, they're not going to be.
00:03:16.940 We'll see who's right.
00:03:17.700 Lawyers and judges will not be affected by it.
00:03:19.880 A bunch of judgmental people.
00:03:21.340 Directors, managers, and CEOs won't be affected by it.
00:03:24.000 HR managers won't be affected by it.
00:03:26.620 Psychologists and psychiatrists, you're safe.
00:03:28.860 Surgeons, you're safe for the time being.
00:03:30.840 Computer system analysts, you're safe.
00:03:32.900 Artists and writers, although some people may say, Chad GBT's starting to write a script.
00:03:37.400 You know, if you want to go on Chad GBT and say, write me a hip-hop song in the words
00:03:41.340 of the way Tupac would speak, but the way that Trump speaks.
00:03:44.640 And then, boom, you put it together.
00:03:45.860 You can write music nowadays.
00:03:47.420 How many people that are writing lyrics are using Chad GBT today that maybe didn't have
00:03:51.180 that 20 years ago?
00:03:52.120 Maybe some of that is also being automated.
00:03:53.820 Now, top 10 skills on the rise according to World Economic Forum.
00:03:58.060 Number one, creative thinking.
00:03:59.560 I don't know if Klaus Schwab knows.
00:04:00.940 That's been on the rise for a long time.
00:04:02.500 But these guys just figured it out.
00:04:03.900 So they put it on the list.
00:04:05.040 Creative thinking, folks, is on the rise.
00:04:07.360 For the first time in the history of mankind, we like creative thinking.
00:04:11.540 Number two, analytical thinking.
00:04:12.820 This is the first time we've ever valued analytical thinking, folks.
00:04:15.300 It's never happened before, but today we value it.
00:04:17.120 Number three, technological literacy.
00:04:19.060 Okay, maybe that's a new one right there.
00:04:20.800 Four, curiosity and lifelong learning.
00:04:23.820 I value that.
00:04:24.500 Number five, resilience, flexibility, and agility.
00:04:28.300 Six, system thinking.
00:04:29.920 Seven, AI and big data.
00:04:31.740 Eight, motivation and self-awareness.
00:04:33.820 Nine, talent management.
00:04:35.100 And ten, service, orientation, and customer service.
00:04:38.060 By the way, I fully agree with all these ten.
00:04:39.720 I don't know if it's on the rise.
00:04:40.980 It's always been valuable.
00:04:42.360 But it's probably more valuable today than ever before.
00:04:45.160 Because most people who know how to do this, you're going to be able to see certain things
00:04:48.720 that a machine may not be able to see.
00:04:50.180 Which, by the way, I agree with this list.
00:04:51.600 I think this is an evergreen list that's going to help you out.
00:04:53.820 Especially today with all the stuff that's going on with AI.
00:04:56.260 But if you notice one thing on the list that's not on there, you notice.
00:04:59.100 It's not saying problem solving.
00:05:00.500 It's not saying dealing with other people.
00:05:02.860 Teamwork.
00:05:03.180 Maybe because they don't believe we're going to be working together.
00:05:06.000 That's what World Economic Forum thinks.
00:05:07.640 They're thinking everyone's going to be working from their home or a little cubicle in their
00:05:10.960 house.
00:05:11.280 So you don't have to learn how to interact with other people.
00:05:13.340 Although number ten is customer service.
00:05:14.960 But you notice that's not on the list.
00:05:16.700 Although I would put that on the list for conflict resolution.
00:05:19.500 You're always going to need that.
00:05:20.560 All right.
00:05:20.820 So for some of you that want some high-paying jobs according to what the current market
00:05:23.940 is looking at.
00:05:24.540 Here's the ten highest-paying AI jobs and best salaries of 2024.
00:05:28.200 Number one, machine learning engineer.
00:05:30.220 $109,000 average salary.
00:05:32.340 AI engineer, 160.
00:05:34.420 Data scientist, 65.
00:05:36.160 Computer vision engineer, 168.
00:05:38.240 Natural language processing engineer, 86.
00:05:40.980 Deep learning engineer, 141.
00:05:42.920 AI research scientist, 115.
00:05:44.900 Business development manager, 196.
00:05:47.180 AI product manager, 128.
00:05:49.520 And AI consultant, 125.
00:05:51.920 So if you're watching this, you're sitting there saying, Pat, I'm a little worried.
00:05:54.160 Are you telling me my job's going to be replaced?
00:05:55.800 It depends.
00:05:56.300 If you sit there and do nothing about it, yeah, probably it is.
00:05:58.840 By the way, everything in life, whether it's your career, business, marriage, kids, politics,
00:06:05.000 everything's about leverage.
00:06:06.180 So what does it mean about leverage? 0.98
00:06:07.480 What leverage do you have in the economy for the economy to say, damn, we need this guy. 0.95
00:06:10.740 We can't lose this guy. 0.95
00:06:11.800 What leverage do you have?
00:06:12.760 What's your leverage? 0.83
00:06:13.460 What's the leverage for your husband to say, man, freaking this wife of my, you know,
00:06:17.680 a wife of mine is amazing.
00:06:19.200 She's such a great mother.
00:06:20.200 She does this.
00:06:20.700 She does that. 0.99
00:06:21.020 What's the leverage for a husband and your wife to say, man, my husband is a freaking
00:06:24.340 amazing.
00:06:24.940 What leverage do you have for your kids when they get married and have their own kids and
00:06:29.120 have a choice between going to different in-laws to choosing you over the other in-law?
00:06:32.260 What leverage do you have?
00:06:33.140 What leverage do you have for people to want?
00:06:35.040 Everything is about leverage and what you bring to the marketplace.
00:06:37.600 So for those, a guy calls me the other day saying, hey, Pat, are you noticing your YouTube
00:06:41.460 views dropping?
00:06:42.540 So not right now.
00:06:43.340 He says, because a lot of us who are talking to each other, we're feeling it, you know, and
00:06:47.060 we're noticing that this is what's going on with this.
00:06:48.940 And I said, listen, it's because you're doing the same content.
00:06:50.880 You did four years ago.
00:06:51.960 What's changed about your content?
00:06:53.900 Algorithms get bored.
00:06:54.980 Audience gets bored.
00:06:56.060 There's a lot of YouTubers that have three, four, five, 10 million subscribers that there
00:07:00.440 is no new audience that's interested in their content today because they already know what
00:07:04.320 they stand for.
00:07:05.220 So no matter what it is, don't let this be a fear of AI.
00:07:07.860 This is everything in life.
00:07:09.320 If your business doesn't improve, clients are going to go elsewhere.
00:07:11.800 If your vision is not real and the people working for your company don't see you driving
00:07:15.480 towards the vision, they're going to go find somebody that's got a real vision instead
00:07:18.600 of just talking about they got a vision.
00:07:19.880 So let's talk about it.
00:07:21.420 Number one, constant learning and improving.
00:07:24.300 As long as you're ahead of the game, you don't have to worry about being replaced because
00:07:27.660 you're constantly improving yourself.
00:07:28.760 Number two, soft skills.
00:07:30.200 Yes, we're probably going in an era where we're going to be working with a lot of computers,
00:07:34.780 machines, and maybe some people are going to be working from home.
00:07:37.300 But I'm here to tell you, people are going to want to go to a market to be around other
00:07:40.780 people.
00:07:41.200 No matter how much they try to do the e-books, no matter how much they do e-books.
00:07:44.660 Okay, I'm going to go read e-books.
00:07:45.980 That's what I'm going to do.
00:07:46.720 And bookstores are going to go away.
00:07:48.060 We still want to go to Barnes & Noble.
00:07:49.880 There's a market to want to go to Barnes & Noble.
00:07:52.480 No matter how much they do.
00:07:53.720 Hey, I want food to be delivered to my house.
00:07:55.800 People want to go to a place where there's people.
00:07:57.700 They don't want to.
00:07:58.280 No matter how much you get to watch every big concert in the world, you can watch it here.
00:08:03.760 Why did Taylor Swift break the record for concerts?
00:08:07.000 Why would people want to go see her physically? 0.99
00:08:09.020 They can watch the damn video for free. 0.99
00:08:10.760 Because we need to be around other people. 1.00
00:08:14.400 That's how God created us.
00:08:16.020 So don't fall for this foolish trap of we don't need to learn how to get along with other people
00:08:19.960 and develop soft skills.
00:08:21.420 Number three, be agile, be nimble, and be ready to adapt.
00:08:24.560 Because at any point, things can move very quickly.
00:08:26.820 Right?
00:08:27.080 And last but not least, anticipate.
00:08:28.940 Think like a general.
00:08:30.560 What could potentially happen the next 3, 5, 10, 15, 20 years within my industry?
00:08:34.540 And how can I have an advantage?
00:08:35.680 How can I position myself in a way to win?
00:08:37.420 If you're just sitting there still using the same software, you're like, oh my God, look
00:08:41.120 what they're doing to editing with AI.
00:08:42.960 This is so deeply concerning.
00:08:44.300 No, how can I use this to provide a better product for my clients that they're going to 0.99
00:08:47.900 sit there and say, shit, you're doing this and this and this. 0.99
00:08:50.460 The other guy's done. 1.00
00:08:51.260 Good for you.
00:08:51.800 You're not a lazy guy.
00:08:52.840 In every possible way, if you find a way to have leverage by differentiating yourself
00:08:58.900 against your competitors, you don't have a lot to worry about in the market of capitalism.
00:09:02.920 Because the market's always going to want people that innovate, improve, and anticipate
00:09:06.340 what's to come next.
00:09:07.200 Having said that, if you enjoyed this video, there's another video I want you to watch.
00:09:10.000 We did a video on deep fakes and AI, how it's shocking the economy.
00:09:13.380 If you've never seen it, click here to watch it.
00:09:14.880 Take care, everybody.
00:09:15.520 Bye-bye, bye-bye.