Your Five-Year-Old Child Won't Need to Seek Employment in the Future, Says Vinod Khosla
Billionaire and early investor in OpenAI, Vinod Khosla, has made an extreme prediction regarding the future of work globally.
He believes that children currently aged five years old will never need to worry about finding employment when they reach adulthood.
A revolution in artificial intelligence (AI) technology is predicted to take over 80 per cent of all current human jobs. This includes positions ranging from doctors and radiologists to accountants and sales employees.
According to reporting from Fortune, Khosla made this bold prediction during a podcast titled “Titans and Disruptors of Industry”.
Of course, this future without human workers will not happen overnight.
Khosla forecasts a transitional phase in which professional workers have an “AI intern” counterpart. These systems will be continuously trained to inherit the specialist expertise of their human colleagues until eventually they are capable of completing the work autonomously.
When that era arrives, educational institutions and university degrees such as engineering degrees will no longer be mandatory requirements for earning a livelihood.
Education will be provided free of charge, particularly for ultra-specialised fields such as cardiac surgery.
“People will only learn if their passion is genuinely for learning,” Khosla states.
Outdated advice such as “follow your passion”, which has long been sacrificed for mere survival, will become the new norm.
Without the pressure to earn money, humanity is promised unlimited freedom to spend time on family and creative pursuits. According to Khosla, AI will actually liberate humanity to become “more human”.
This mass automation will create severe deflation. Khosla predicts that approximately 15 trillion US dollars (roughly 255 quadrillion rupiah) from the United States’ Gross Domestic Product (GDP) will disappear.
As a result, GDP metrics will no longer be relevant for measuring the economic success of a nation.