Fired alarm: AI hype versus labour-market history

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• 00:03

  Hello and welcome to The Intelligence from The Economist.

• 00:12

  I'm Jason Palmer.

• 00:13

  And I'm Rosie Bloor.

• 00:19

  Today on the show, why the scramble for Africa's minerals might be different this time,

• 00:23

  and the latest in our World Cup contender profiles.

• 00:33

  First up, though, here's one definite thing that AI is affecting among American workers.

• 00:47

  The mood.

• 00:49

  The average person believes they've got about a one in five chance of losing their job in the next five years.

• 00:55

  Another poll found a similar fraction thinks that AI is very or somewhat likely to replace them in that same time.

• 01:03

  Who can blame these pessimists?

• 01:05

  That's what the big shots of AI are telling them.

• 01:08

  Mario Amadei, the boss of Anthropic, says AI could push unemployment as high as that same one in five fraction.

• 01:15

  Yes, people will adapt, but they may not adapt fast enough.

• 01:20

  Here's Bill Gates, Microsoft co-founder and general techie bellwether,

• 01:25

  casually telling a nightly talk show that fraction will be higher still.

• 01:29

  I mean, will we still need humans?

• 01:31

  Not for most things.

• 01:34

  Okay, okay.

• 01:35

  We need to calm this down.

• 01:36

  Let's talk about what could happen, not will.

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