We recently held a heated debate – would AI increase the number of jobs? Peter Karney and Darren Murphy went head to head.
Peter: AI can certainly reduce or eliminate menial activities. One example is a call centre. Currently if you need advice you’ll speak to a human being; it’s expensive and can be a complete waste of time. AI can increase the amount of high value opportunities.
Darren: My big concern is that AI could restrict the flow of capital, as less people are needed to do more work. Also, what will happen when AI starts to replace high value roles, like a nurse or GP? What happens to all the university students learning to do jobs at risk of AI?