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The one piece of data that could actually shed light on your job and AI
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The one piece of data that could actually shed light on your job and AI

#AI jobs #Silicon Valley #Alex Imas #task-level data #economic impact #job apocalypse

📌 Key Takeaways

  • Silicon Valley executives predict AI will cause a jobs apocalypse and a breakdown of the early-career ladder.
  • Economists argue current tools fail to predict AI's impact because jobs are composed of individual tasks.
  • A call to action is underway for economists to collect specific task-level data to address workforce changes.

📖 Full Retelling

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first,  sign up here . Within Silicon Valley’s orbit, an AI-fueled jobs apocalypse is spoken about as a given. The mood is so grim that a societal impacts researcher at Anthropic, responding Wednesday to a call for more optimistic visions of AI’s future, said there might be a recession in the near term and a “breakdown of the early-career ladder.” Her less-measured colleague Dario Amodei, the company’s CEO, has called AI “a general labor substitute for humans” that could do all jobs in less than five years. And those ideas are not just coming from Anthropic, of course. These conversations have unsurprisingly left many workers in a panic (and are probably contributing to support for efforts to entirely pause the construction of data centers, some of which gained steam last week). The panic isn’t being helped by lawmakers, none of whom have articulated a coherent plan for what comes next. Even economists who have cautioned that AI has not yet cut jobs and may not result in a cliff ahead are coming around to the idea that it could have a unique and unprecedented impact on how we work. Alex Imas, based at the University of Chicago, is one of those economists. He shared two things with me when we spoke on Friday morning: a blunt assessment that our tools for predicting what this will look like are pretty abysmal, and a “call to arms” for economists to start collecting the one type of data that could make a plan to address AI in the workforce possible at all. On our abysmal tools: consider the fact that any job is made up of individual tasks. One part of a real estate agent’s job, for example, is to ask clients what sort of property they want to buy. The US government chronicled thousands of these tasks in a massive catalogue first launched in 1998 and updated regularly since then. This was t

🏷️ Themes

AI Workforce Impact, Economic Predictability, Task-Level Data

📚 Related People & Topics

Silicon Valley

Silicon Valley

Technology hub in California, United States

Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley. The cities of Sunnyvale, Mountain View, Palo Alto and ...

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Connections for Silicon Valley:

🏢 Anthropic 5 shared
🌐 Artificial intelligence 4 shared
👤 The Audacity 4 shared
🌐 Presidency of Donald Trump 3 shared
🌐 Pentagon 3 shared
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Mentioned Entities

Silicon Valley

Silicon Valley

Technology hub in California, United States

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Original Source
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first,  sign up here . Within Silicon Valley’s orbit, an AI-fueled jobs apocalypse is spoken about as a given. The mood is so grim that a societal impacts researcher at Anthropic, responding Wednesday to a call for more optimistic visions of AI’s future, said there might be a recession in the near term and a “breakdown of the early-career ladder.” Her less-measured colleague Dario Amodei, the company’s CEO, has called AI “a general labor substitute for humans” that could do all jobs in less than five years. And those ideas are not just coming from Anthropic, of course. These conversations have unsurprisingly left many workers in a panic (and are probably contributing to support for efforts to entirely pause the construction of data centers, some of which gained steam last week). The panic isn’t being helped by lawmakers, none of whom have articulated a coherent plan for what comes next. Even economists who have cautioned that AI has not yet cut jobs and may not result in a cliff ahead are coming around to the idea that it could have a unique and unprecedented impact on how we work. Alex Imas, based at the University of Chicago, is one of those economists. He shared two things with me when we spoke on Friday morning: a blunt assessment that our tools for predicting what this will look like are pretty abysmal, and a “call to arms” for economists to start collecting the one type of data that could make a plan to address AI in the workforce possible at all. On our abysmal tools: consider the fact that any job is made up of individual tasks. One part of a real estate agent’s job, for example, is to ask clients what sort of property they want to buy. The US government chronicled thousands of these tasks in a massive catalogue first launched in 1998 and updated regularly since then. This was t
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