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

Misogynist Sentences

1

Hate Speech Sentences

5


Summary


Transcript

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%.
00:01:06.320 Women, 21%, more than men.
00:01:08.700 Whites, 20%.
00:01:10.100 Blacks, only 15%.
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?
00:06:07.480 What leverage do you have in the economy for the economy to say, damn, we need this guy.
00:06:10.740 We can't lose this guy.
00:06:11.800 What leverage do you have?
00:06:12.760 What's your leverage?
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.
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?
00:08:09.020 They can watch the damn video for free.
00:08:10.760 Because we need to be around other people.
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
00:08:47.900 sit there and say, shit, you're doing this and this and this.
00:08:50.460 The other guy's done.
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.