In a recent discussion with British Prime Minister Rishi Sunak, tech billionaire Elon Musk prophesied that there “will come a point where no job is needed,” owing to advances in artificial intelligence. “You can have a job if you want a job,” continued the CEO of Tesla TSLA and SpaceX, “but AI will be able to do everything.”
The future is long, and Musk did not specify when exactly this point will come. But, at least for the next several decades, the odds of AI causing a jobs apocalypse are vanishingly small.
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