AI will take your job | Mark Cuban

Billionaire investor Mark Cuban, owner of the Dallas Mavericks, discusses his views on the future of jobs. Showcasing the increasing importance of UBI as AI dividends.

Technology created the middle class and now is destroying it. Dividends from the proceeds of AI is how we share the fruits of technological progress with everyone, because technology is our common wealth.

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[andrew]

I keep saying this in the office. Everyone is in the “don’t look up”phase right now.

[matthewviramontes]

I'm a janitor and there's already robots that clean bathrooms and stuff. My job is just too cheap to invest in it though. Lol

[YutubeCommentor]

Im 28 and AI already took my first job. I was a bond trader for 5 years and tech eliminated like 85% of the job. A bond desk of 5 in 2018 with Chicago or NY salaries can now be operated by 1 person living in Ohio who also receives less 401k matching and equity bonuses then before. Now Im in FX and derivitives and took a paycut cause I think thatll be the one of the last portions of finance to get taken over. Just delaying the inevitable a few years lol. Its a survival game now. Marks right though get that money inside the most secure stocks possible now so the AI works partially for you.

[carloslfu]

The real answer is he doesn't know and nobody knows, just be flexible, open-minded and positive.

[genegu]

This what Andrew yang has been saying for a long time. Capitalism needs Reformation, there should be a Data VAT where companies using peoples data should be charged and that money should be used to fund a UBI.

[PhilllChabbb]

I hope it frees people to truly do what they enjoy, without worrying about working to live.

[CozyCathodes]

AI generated basketball league will have this guy sweating too

[Jeremiahking]

As someone who works in software. AI in its current state is not replacing us. Its is making us more productive by finding answering a bit faster than searching via stackoverflow threads. It only knows information thats out there. It is not generating anything new. It also cannot build an entire software application. It requires a lot of understanding across multiple systems before you can get an app to someones phone.

Edit:
LOL @ the comments about Devin and AI advancements.. Looks guys, AI will get better and better. There is no denying that but it will be a gradual change before it replaces an engineer, dev, or whatever the hell you want to be.

Just like when 3D printing was released, and Testlas self driving claims of 100% autonomous, its all over hyped. You dont see houses being built by machines in 1 week and you dont see a empty car delivering your amazon packages. There are way too many variables in software especially creating ***NEW*** products. Anyone who has ever worked in the real world will know that new problems come up every day.

[faisal-ca]

If all jobs are gone, then who will all corporations be selling their goods and services to?

[bethra.flowers]

Yep. This is the last breaths of the Capitalist economic system.

[feezee]

I like how the reporter was completely clueless to what Mark was saying. "So you are emphasising the importance of education?" He completely missed the point that AI will take away most desk jobs, that re-education is pointless cause there is no demand for anything higher education teaches now.

[alonzobishop]

What a wonderful time to be a senior in high school… Good luck young folks!

[EXEON]

telling my kid to be an essential worker like nurse, electrician, plumber

[TheDigitalGrowthHacksClub]

"the automation of automation" Yep that's going to change the labor force, unemployment, and the GDP all at the same time. I guess no one is rushing to be the first one to get to space anymore.

[PhaseSkater]

I’m a gold miner. No AI is gonna come out to the river without internet or cell service and dig in the river and pan out the gold nuggets.

[Smiley_]

I actually likes his personalities. I think he pretty laid back for a billionaire and relatable to a lot out there .

[That_Guy]

He is so giddy about this. You can hear it in his voice when he said “you’re gone”

[anuragtumane]

AI taking up jobs would be hypothetical but real too.

[matt]

I’m using Claude 3 Opus and GPT 4 and still waiting for it to not suck

[QuantPhilosopher]

I think this is kind of overblown, especially with regards to programmer jobs. Look, the reason why these models are especially good at code is that there's a gigantic volume of high quality code out in the open on which these models could have been trained. That isn't the fact for the tasks of your average office worker. If these models had nearly as much data for those tasks, then nobody would single out programmer jobs as being especially threatened by this technology. And also it's worth noting that even with this gigantic volume of high quality data no model comes even close to replacing programmers today. Given that pretty much all of the potential training data for code has already been exploited (unless all of the proprietary code is released out in the open, which well...) the upside for these kinds of models is limited.