10x co-founder Michael Solomon was recently interviewed by VICE about how automation and machine learning are rapidly changing the business landscape throughout the world. The future of work and the sustainability of human jobs are important topics that need to be examined right now. The leaders of the world today need to have a plan of action so that the world of tomorrow can be prosperous, innovative and productive. Please sign our petition to show your support for this important initiative. And check out an excerpt of Michael Solomon’s thoughts below, and the full article from VICE here.
“Nobody believes this is coming soon, and nobody believes this is going to happen to their job,” said Michael Solomon, co-founder and managing partner of 10x Management, a talent agency for high-performing software engineers, coders, and designers. “People assume the only positions that will be affected by automation are jobs like factory work, agriculture, driving, and other blue-collar jobs. But that’s just automation—they ignore the artificial intelligence side, which is what they should be worried about.”
Solomon is worried, and the numbers back him up. He spends much of his spare time trying to get the word out about what he sees as an imminent job loss apocalypse, recently launching the Day After Labor, a website dedicated to bringing “the topic of impending net job loss due to advances in technology to the forefront of social and policy discussions.”
According to a report from PricewaterhouseCoopers, 38 percent of American jobs are at risk of becoming obsolete within the next 15 years, and it’s not just blue-collar work that’s going away.
“AI is going to eliminate a massive amount of white collar jobs,” Solomon said. “Loan officers are going to be made entirely obsolete by this technology, because a machine is much better at calculating risk than a human is. When you really start to look into these things, you start to see this is going to impact everyone. This is going to end the careers of stock brokers and lawyers and many white-collar professionals.”
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