Here’s a topic that’s slowly beginning to gain some mainstream attention…and that is the era of automation and artificial intelligence. Is this good for society, and are Elon Musks concerns about artificial actually warranted? Let’s discuss. Add me on Snapchat/Instagram: GPStephan
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It should be no surprise that automation has helped us get to where we are today, and it’s been around for quite some time. Up until this point, automation has eliminated jobs, but CREATED other, better jobs that increase our overall output in the economy. While heavy machinery eliminated the need for manual labor on farms, it opened up those jobs increase output elsewhere…from transport, grocery stores, tellers, and everything else that goes into the sale of food. While the automotive industry lost 800,000 manual labor jobs due to automation, it actually opened the door to CREATE 3.5 MILLION NEW jobs…which paid, on average, $13,000 per year more.
Throughout history, we’ve encountered that machine innovation leads to higher productivity, which means fewer jobs are needed for that specific task, with the end result being that newer, better jobs are created to increase our net output. But is there an exponential curve as to how much we, as humans, are actually needed, until robots can eventually just create other robots to do other jobs more efficiently, until we as humans become useless and obsolete?
After all, Elon Musk believes that will ruin mankind. He believes AI could help create our downfall, while creating a “super intelligence” that humans could never compete with. So could a real-life SkyNet actually become a reality? Well, hypothetically, if AI becomes so advanced as to outperform and outsmart its creator…then we as humans won’t be able to conceive its powers, because it’s already beyond our level of comprehension. Stephen Hawking even warned about the dangers of AI…he wrote that “Intelligent future AI will probably develop a drive to survive and acquire more resources as a step toward accomplishing whatever goal it has, because surviving and having more resources will increase its chances of accomplishing that other goal.”
Now If we’re getting into a less optimistic outlook where robots get to a self-learning level where they can begin replicating and outsmarting us on a deeper level, that could be cause for concern…but for it to get to this point, not only would robots have to be able to communicate and learn from each other, but would also need to be physically mobile. The capabilities of a robot would need to be so great, that I don’t believe we’re anywhere close to having the resources to make such a thing…in hundreds of years, maybe, but not now.
While some people want an idealized economy where machines do everything for us, the reality is that we will always want and strive for more. The hedonic treadmill is our evolutionary need to ALWAYS push the boundaries and continue advancing ourselves. I don’t see us ever complacent with the same lifestyle that doesn’t get better or increase over time. This means that human creation and innovation will always serve a purpose, if simply for our own selfish needs. For people who are worried about their own jobs being replaced by technology, I think it should serve as an important reminder that idleness is never rewarded, and that it’s up to us to constantly grow and adapt if we want to succeed. While the next several decades might lead to further automation of many industries, this should only open the door to us to be able to leverage our time into more fulfilling, creative work where our time is much better utilized.
For business inquiries or paid one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
Get $50 OFF FOR A LIMITED TIME: Code THANKYOU50 - The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c
It should be no surprise that automation has helped us get to where we are today, and it’s been around for quite some time. Up until this point, automation has eliminated jobs, but CREATED other, better jobs that increase our overall output in the economy. While heavy machinery eliminated the need for manual labor on farms, it opened up those jobs increase output elsewhere…from transport, grocery stores, tellers, and everything else that goes into the sale of food. While the automotive industry lost 800,000 manual labor jobs due to automation, it actually opened the door to CREATE 3.5 MILLION NEW jobs…which paid, on average, $13,000 per year more.
Throughout history, we’ve encountered that machine innovation leads to higher productivity, which means fewer jobs are needed for that specific task, with the end result being that newer, better jobs are created to increase our net output. But is there an exponential curve as to how much we, as humans, are actually needed, until robots can eventually just create other robots to do other jobs more efficiently, until we as humans become useless and obsolete?
After all, Elon Musk believes that will ruin mankind. He believes AI could help create our downfall, while creating a “super intelligence” that humans could never compete with. So could a real-life SkyNet actually become a reality? Well, hypothetically, if AI becomes so advanced as to outperform and outsmart its creator…then we as humans won’t be able to conceive its powers, because it’s already beyond our level of comprehension. Stephen Hawking even warned about the dangers of AI…he wrote that “Intelligent future AI will probably develop a drive to survive and acquire more resources as a step toward accomplishing whatever goal it has, because surviving and having more resources will increase its chances of accomplishing that other goal.”
Now If we’re getting into a less optimistic outlook where robots get to a self-learning level where they can begin replicating and outsmarting us on a deeper level, that could be cause for concern…but for it to get to this point, not only would robots have to be able to communicate and learn from each other, but would also need to be physically mobile. The capabilities of a robot would need to be so great, that I don’t believe we’re anywhere close to having the resources to make such a thing…in hundreds of years, maybe, but not now.
While some people want an idealized economy where machines do everything for us, the reality is that we will always want and strive for more. The hedonic treadmill is our evolutionary need to ALWAYS push the boundaries and continue advancing ourselves. I don’t see us ever complacent with the same lifestyle that doesn’t get better or increase over time. This means that human creation and innovation will always serve a purpose, if simply for our own selfish needs. For people who are worried about their own jobs being replaced by technology, I think it should serve as an important reminder that idleness is never rewarded, and that it’s up to us to constantly grow and adapt if we want to succeed. While the next several decades might lead to further automation of many industries, this should only open the door to us to be able to leverage our time into more fulfilling, creative work where our time is much better utilized.
For business inquiries or paid one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Meg we would be better off being gardeners of the planet we have killed the soil with not farming correctly. Just factory garbage. Just my opinion, but if the planet started planting the right mushrooms now we may be able to save the soil in 10 years.
Very optimistic. More self employed means 100 times more competition and 100 times lesser profit for everyone. People of labor will be force to jobs that are less saturated, in turn causing wages to decrease greatly. The world will be sheet
if theyre saying that AI is the future, even if we survive, the aliens we meet may not be from what stars wars would look like, but computers
I guess the robots didn’t want this video to get out, so they didn’t recommend it.
We could smash the robots and keep our jobs its easy
Sure " leverage our time into more creative activity " means if you loose your job to AI learn how to knit . Sure buddy or PR for AI . Millions of people who lost jobs will need JOBS not more time to paint or put puzzles together . It won't pay the mortgage or car payment sparky !
I am a millennial, but i wish i lived in the 50s. Before computers and smart phones. I think technology has gone too far, and it has reached a point where it will start doing us more harm than good.
Robots will help us destroy ourselves faster.
I think Google is truly baffled by my browsing and buying habits. After years of using several accounts that I'm sure are linking to either Google or at least my ad profile youtube recently asked me what my age range is on one of those surveys at the beginning of videos. It's also been showing me ads in languages that I dont speak lol.
I think Google is truly baffled by my browsing and buying habits. After years of using several accounts that I'm sure are linking to either Google or at least my ad profile youtube recently asked me what my age range is on one of those surveys at the beginning of videos. It's also been showing me ads in languages that I dont speak lol.
even though this one got less views I really liked it. I feel like its good for you to branch out into different topics. I watch the channel because you motivate me and are entertaining. I love the real estate but I also just enjoy the videos you make cause you make me laugh and its a good time.
we are so fucked
Was different , but good none the less.
You miss the much larger picture of what AI is.
Wait.. if machines take over the world, they'll create engaging youtube content with Graham Stephan on it and also smash that like and subscribe button so you don't have to keep reminding us. What better future could possibly await us?
I agree with your conclusion.
I like the new background oh wait I just got an ad for remodeling a house oh noooo!!
more off topic videos! MORE ELON!
Sometimes I think that I am his youngest viewer, I am 13.
Keep up the occasional off-topic video Graham. Automation is something I always want to learn from new angles. Also thanks for bringing attention to the Mastercard and Google deal.
I have a hard time understanding how robots are suppose to have their own thoughts without a brain, and how they are suppose to be manipulated wihtout real feeling, they wont have different views on politics cause they are all handmade
I mean, is it really possible for a robot to outsmart a human, humans are the creators and we develop their IQ so in that case they can only have as much IQ as the one creating them right?
Lol I'm an AI engineer. And I can tell you machines won't take err jobs. WE'll just need to learn new jobs. go study.
Well this is awkward……….😂
Do you think that its wise to become a pilot?
Comprehension of the singularity work as an intelligence test. If you understand it, you are smarter than most. And this video is really on point. But don't underestimate how soon it will be here. It is coming regardless.
HEY GUYS!! I know this is a totally different video than normal, figured I'd have fun with this one and switch it up for a video. Let me know what you think, if you want more somewhat off-topic videos like this, or if I should just stick with real estate and investing 😉