The AI Hunger Games… Coming Soon to a Workplace Near You!

AIhungergames wTitleEvery CEO out there knows it’s coming. They took notice of research by ResumeBuilder, that surveyed 750 business leaders to find that 44% forecasted AI layoffs in 2024. The new research from the University of Pennsylvania that warned that nearly 300 million jobs in the U.S. and Europe face exposure to AI automation, with about a quarter of these jobs likely eliminated entirely by AI. And Google has already leaked that they’re planning to lay off 30,000 employees, taking advantage of AI leverage.

In a recent interview between Bill Gates and Sam Altman, the Microsoft cofounder expressed his concern that AI will “force us to adapt faster than we’ve had to ever before.” Altman responded, “Each technological revolution has gotten faster, and this will be the fastest by far, and that’s the part that I find potentially a little scary is just the speed with which society is going to have to adapt and that the labor market will change.”

Frankly put, this is going to be unlike anything that CEOs have ever seen; it’s going to be a bloodbath. Jeff Maggioncalda, CEO of Coursera, says, “What is happening, and what is going to be happening in the next 12 to 18 to 24 months is going to be unlike anything that CEOs have ever seen. I think Generative AI will be more disruptive than COVID.”

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Download: Human-Centric AI Deployment

A recent report conducted by ResumeBuilder surveyed 750 business leaders and found that 44% forecasted layoffs this year due to AI efficiencies. New research from the University of Pennsylvania warns that nearly 300 million jobs in the U.S. and Europe face exposure to AI automation... and about a quarter of these jobs could be eliminated entirely by AI. Google has already leaked that they're planning to lay off 30,000 employees. 2024 will be remembered as the year when the global AI layoff bloodbath began.

Jeff Maggioncalda, CEO of Coursera, says, “What is happening, and what is going to be happening in the next 12 to 18 to 24 months is going to be unlike anything that CEOs have ever seen. I think Generative AI will be more disruptive than COVID.” And this is a dangerous in a politically charged environment.

Larger enterprises need to consider the risk of grass roots social media campaigns that might emerge to punish any large company move first into AI layoffs. In highly polarized times like these, it only takes one demagogue to get people protesting and boycotting, and next thing you know, they're chanting “robots will not replace us” in front of your building. 

So how could an enterprise minimize these risk? How can companies optimally deploy generative AI, that will minimize the human pain of the coming transition? We explored this issue and have written a white paper, titled "Human Centric AI Deployment" – which offers strategic imperatives for organizations seeking to optimally deploy AI in 2024.

This white paper the HUMAN model that advocates ethical AI deployment to mitigate against such risks, minimize human pain, and keep an eye on the ROI.

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2024 is the Year that AI Begins Eating Jobs

RobotDevoursA recent report conducted by ResumeBuilder surveyed 750 business leaders that have adopted in AI technology. Alarmingly, 44% forecasted layoffs in 2024 due to AI efficiencies. But this is just the beginning. The reality is that businesses have been slow to adopt AI, partially due to a concern about unintended consequences.

For example, when Suumit Shah, the CEO of India-based eCommerce startup Duukan, gleefully bragged on Twitter about laying off 90% of his support staff by replacing them with ChatGPT, there was instant backlash on social media. Actually, he should count himself lucky that the response was so limited… it is likely that a massive global grass roots boycott campaign will emerge to punish any large company who is a first mover into AI layoffs. Like they say, “You can always tell who the pioneers were, from the arrows in their back.”

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Learning AI is like Learning a New Language

AILearningCutting-edge research from the University of Pennsylvania warns that nearly two-thirds of jobs in the U.S. and Europe face exposure to AI automation. What's more, about a quarter of these jobs could simply be eliminated entirely by AI. Since white collar work is most at risk, if you're reading this on a computer, chances are high that your livelihood could be impacted.

The best thing you can do to survive the coming upheaval is to master some AI skills. But brace yourself – acquiring AI skills isn't easy. It's  a cognitive challenge of significant magnitude, equivalent to mastering a new language. It is simply not possible to gain AI literacy overnight, or by taking a "seven day intensive," or watching a lot of YouTube videos. It's going to require a few months of serious effort, and the truth is that nobody can do your mental pushups for you. Especially not an AI.

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Next Generation Governance Models for OpenAI

OpenAI’s recent drama is now over, and the upshot is that the board was supposed to save us from an A.I. apocalypse… essentially failed. The company charter charged its board with creating AI that "benefits all of humanity," and because the board really can do one thing – fire the CEO – it did just that. But when the employees effectively unionized and threatened to join the CEO at Microsoft, the board realized that it had a no win situation.

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