About half of people are worried they’ll lose their job to AI. They’re right to be concerned: AI can now complete real-world coding tasks on GitHub, generate photorealistic video, drive a taxi more safely than humans, and do accurate medical diagnosis. And over the next five years, it’s set to continue to improve rapidly. Eventually, mass automation and falling wages are a real possibility.
But what’s less appreciated is that while AI drives down the value of skills it can do, it drives up the value of skills it can't. Wages (on average) will increase before they fall, as automation generates a huge amount of wealth, and the remaining tasks become the bottlenecks to further growth. ATMs actually increased employment of bank clerks — until online banking automated the job much more.
Your best strategy is to learn the skills that AI will make more valuable, trying to ride the wave of automation. This article covers what those skills are, as well as tips on how to start learning them.
Chapters:
Audio engineering: Dominic Armstrong
Music: Ben Cordell
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