Chat GPT & The Economic Impact of AI #chatgpt #ai #economics

Chat GPT is a company that provides AI-driven chatbot services. In this video, we discuss the economic impact of AI for production and automation.

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[allanmark]

Red Pill: Retain your employees during a recession period

Blue Pill : Fire thousands of employees and use that money on AI




Microsoft: Say no more

[RichardBaran]

Yep. And Microsoft turned it from a non-profit to a for-profit

[lucios_]

I talked to ChatGPT about the conflict between personal freedom and the laws politicians make regarding the public interests. It was like talking to to the smartest most educated adult ever, I couldn’t spot a difference two a human. I believe this will leave millions op people without jobs.

[takeshikosugi]

Technological singularity will lead us to such social inequality we have never experienced before. With every step in Hi-Tech progression the rich people will get more and more opportunities to become even more powerful. One day they will buy immortality. Death is a sad thing, but only death was the last obstacle for rich people to get absolute power.

[bolt]

At this point AI seems to be similar to robotic automation or computers with Excel. They're taking away a lot of the lower skilled jobs, though in certain industries these "lower-skilled" jobs still require college degrees.

[nuthinnew]

You've only got to use chatgpt to see it's going to play a huge role in future productivity. In the right hands it could help advance our technology quicker. There is also the fact it will probably end up in the wrong hands and tbh i can't even imagine what bad stuff will come of it. But like how the internet has closed libraries, it's just a matter of time

[aichatgpt]

We needed this AI to evolve. The best thing that it was shown to the general public

[kbqvist]

Pretty much the last thing I want from Youtube is to have my subscription feed cluttered by 'short' videoes..

[calholli]

I've been using it a lot.. It's kinda trash. It always gives very bland/ milk toast/ ride the fence answers and it's constantly telling you what it "can't" do, rather than doing what you want. Most of the time, it's like you're getting only the first response of a google search, which is usually wrong half the time. It's definitely not there yet.

[kevincronk]

I think it will much more directly increase productivity, and I don't mean just quantity but also quality. I've heard a fairly large number of people with small businesses who are already using ai to come up with things better than they ever could in a reasonable amount of time, for example if they want a new slogan just get chatgpt to male a great one in a day while they would've taken a week to come up with a good one

[homewall]

AI doesn't produce new knowledge because it doesn't know if an "answer" it produces is correct or not. I is unwise for humans to switch from programming computers (computers do what we tell them to) to letting the computers program us (tell us what to do based on what it outputs).

[Wolfmanrocker]

I like to think it'll be the South Park meme"They took our jobs!!" but it's all software etc

[TheQuickSilver]

I'm sure there will be nice positives for some and for others it will be devastating

[dtikvxcdgjbv]

Loss of jobs. Because AI will take them. No jobs, no salaries. Even bigger pressure on docial care services. No salaries, no consumer's spending. No spending, means no selling. Companies cannot earn to pay the salaries, that means more firing. Companies will not be able to pay off their debts. Consumer with no salary will not get the loan, bcs bank will not approve him the loan, and he won't be able to return it. So the banks will not earn on interests, since there will be no loan giving, nor the customers (citizens and companies) will be able to pay the debt installments. No paying off the real estate loans, the real estate market will crash. The customers will soon run out of money and then the bank rush will happen, bringing the financial system to collapse.

[thereistheonlyone]

Make a full video would be great to see all details & the depth from the full horizon.

What do you say?

[cranberryeater]

Once it is available, I will tell AI to make me $1M. 💵

[johnharrison]

I am a Data Scienctist working with AI and Machine Learning. The same problems with statistics exist with AI. AI only knows the data we input. If a company only inputs internal data rather than scrapping the web for customer input they may never solve the problem. In other words AI needs your cookies to be enabled. Lol.

[williamdixon]

Could you be a little more concrete with your predictions? Tell us about the jobs ChatGPT is most likely to alter and replace, talk about the size of those industries and how a replacement and enhancement will impact economies.

[E-ei]

I have it on good authority that Microsoft has long believed AI is the future of tech.

[kimcolpo]

Part of this short was written with chatGPT