Chapter
The Impact of Machines on High and Low Wage Jobs
1:09:47 - 1:13:51 (04:03)
The lower wage occupations tend to have more tasks that are suitable for machine learning, causing a potential increase in income inequality. On the other hand, even some high-paying jobs like airline pilots are also suitable for machines, which may worsen the situation.
Clips
Machines excel at routine problem-solving tasks and mapping inputs and outputs, but they struggle with emotional intelligence, human interaction, and thinking creatively outside the box.
1:09:47 - 1:10:55 (01:08)
Summary
Machines excel at routine problem-solving tasks and mapping inputs and outputs, but they struggle with emotional intelligence, human interaction, and thinking creatively outside the box. Asking the right questions is also still a challenge for machines.
ChapterThe Impact of Machines on High and Low Wage Jobs
Episode#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology
PodcastLex Fridman Podcast
The pattern shows that lower-wage jobs like cashiers have more tasks suitable for machine learning, while higher-wage jobs like airline pilots also have a significant amount of tasks that can be automated.
1:10:55 - 1:12:30 (01:35)
Summary
The pattern shows that lower-wage jobs like cashiers have more tasks suitable for machine learning, while higher-wage jobs like airline pilots also have a significant amount of tasks that can be automated. This can be observed from a plot showing where economists land on the income spectrum.
ChapterThe Impact of Machines on High and Low Wage Jobs
Episode#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology
PodcastLex Fridman Podcast
This podcast features an economic discussion about Andrew Yang’s presidential candidacy, his flagship proposal of a Universal Basic Income (UBI), and the impact of AI on the workforce.
1:12:30 - 1:13:51 (01:20)
Summary
This podcast features an economic discussion about Andrew Yang’s presidential candidacy, his flagship proposal of a Universal Basic Income (UBI), and the impact of AI on the workforce.