Google DeepMind co-founder Mustafa Suleyman warns AI is a ‘fundamentally labor replacing’ tool over the long term::Despite today’s AI hype, it’s still a “truly transformational” technology that will replace jobs unless policy steps in, Suleyman said.
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The Oxford dropout worked as a negotiator for the United Nations and the Dutch government early in his career, but then pivoted to AI and founded DeepMind in 2010 alongside Demis Hassabis and Shane Legg.
The machine learning lab grew like a weed under Suleyman, with the backing of Peter Thiel’s Founders’ Fund, before selling to Google parent company Alphabet for £400 million in 2014.
While Suleyman expects AI to “augment us and make us smarter and more productive for the next couple decades,” over the long term, its impact is still “an open question.”
In a Jan. 10 Wired article, MIT professor Daron Acemoglu predicted that AI would disappoint everyone in 2024, proving itself merely a form of “so-so automation” that will take jobs from workers but fail to deliver the expected monumental improvements to productivity.
The true impact of AI, from its ability to birth revolutionary technologies to its potential to stoke epic job losses, likely won’t hit for years.
“AI is truly one of the most incredible technologies of our lifetimes, but at the same time, it feels like expectations about its delivery are higher than they’ve ever been and maybe we have hit a kind of peak hype for this moment,” he explained.
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