WEBVTT

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So, just to back up a bit, I've been
working on AI for for 10 years and

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probably the thing I've noticed most
about it is is how fast it's making

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progress. 2 years ago, it was at the
level of a smart high school student.

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Now, it's probably the level of a smart
college student and reaching beyond

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that. And on one hand, I think there's
a number of very positive things that are

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going to happen. I used to be a biologist.
I think AI has exactly the

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kind of skills that are needed to cure
important diseases like cancer and

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Alzheimer's, to provide cheaper energy,

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many positive things. But exactly those

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same kind of skills, things like

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summarizing a document, brainstorming,

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putting together a financial report,

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makes me worry a lot that entry-level

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jobs in areas like finance, consulting,

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tech, many many other areas like that,

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entry-level white-collar work, I worry

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that those things are going to be first
augmented but before long replaced by AI

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systems and that we we may
indeed it's hard to predict the

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future, but we may indeed have a have
a serious employment crisis on our hands

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as the pipeline for for these

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early-stage white-collar work starts to

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starts to contract and dry up. What's

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the timeline here?

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Yeah, so it's very hard to predict these

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things given how fast you know,
given how fast AI is making progress.

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But I would I would not be surprised
if somewhere between one and five years

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we started to see big effects here. You
know, I've heard a number of people talk

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about this in private, AI CEOs talk

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about this in private, CEOs of other

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companies talk about this in private.

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And I I really felt that you know, the

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message that this is happening hasn't
been getting out to to ordinary people,

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hasn't been getting out to our
legislators, our congress people either.

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And so I felt I needed to speak up
on the record. I do think that this is

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something we can prevent this,

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but we need to act now. I don't think we

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can stop the AI bus. You know, there are

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there are six or seven companies
just in the US working in this

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working in this area. I just run one
of them. Even if our company stopped doing

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what it was doing today, all the other
companies would would continue. Even if

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all six companies started, then China
would beat us. I think that's a big and

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important threat. So, we can't stop
the bus, but I do think we may have an

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opportunity to steer it. And and I think

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you know, we need to get congress
people, legislators, the public to to

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think about this now. One of the first
steps we're taking is just measuring the

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effects. Anthropic has put out something
that we call our economic index and

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using the economic index, we try and track
the rate at which these things are

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happening. You know, at some point
we have to go beyond measuring this to

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actually taking action, trying to build

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our AI systems in a way that augments
rather than replaces. But that won't be

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a long-term solution either. We need
to think about what what the government is

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going to do. And you know, there's a wide
range of actions that that the government

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the government could take. And you know,
it's it's not not my place to decide

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which of those are which of those are
correct. But but I think the first step

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is people need to think about this and
start taking it very seriously. Yeah,

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and you're talking about AI possibly

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wiping out all entry-level white-collar

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jobs and spiking unemployment to 10 to

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20%. So, dive into the mitigation
of this a little bit more. How could we

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mitigate the worst possible scenario here?

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Yeah, so it's hard to know the exact
numbers. I mean, you know, I don't have

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a crystal ball. I can't I can't predict
the future. But what I will say is I

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think what AI can do, you know, there
have been these technological changes in

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the past, but I think what's different
about AI is it's broader, it's deeper,

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and it's moving faster than than
previous such technologies. And so in

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terms of mitigations, you know, I think
I think one is just educating people in

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order in order to you in order to use AI.
There will always be people who are

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who are who are using AI and helping our

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workers to adapt faster. I think I think

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is an important move. A second move is

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that we may want we may want government
to you know, to to to kind of to kind of

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find a way to level the economic playing
field. And you know, this this may be a

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controversial proposal, but you know,
something like taxing AI companies like

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us. We we may need to get
to things that are actually

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>> message coming from you who runs
an AI company. But you're doing a public

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service announcement for all of us
in terms of this future concern. Dario,

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thank you so much for joining us. I'm sure