It's only 'a matter of time' before every job is wiped out (fortune.com)

Renowned AI pioneer Professor Yoshua Bengio has sounded an alarm regarding the impending job crisis caused by AI technology. With four decades of experience in advancing artificial intelligence, Bengio asserts that cognitive jobs—primarily desk jobs—are at immediate risk of automation. He stated in a recent podcast that unless significant scientific barriers emerge, AI will increasingly take over various tasks, leading to widespread job displacement within the next five years, particularly affecting Generation Z who often occupy entry-level positions. Major tech companies like Intel and Google are already freezing hiring as they anticipate this shift. Bengio’s warnings extend beyond mere employment fears; he cautions that the growth of AI could also threaten democratic structures if left unchecked. He admits feeling regret over his contributions to AI, realizing its potential catastrophic risks, especially after the emergence of advanced models like ChatGPT. Now, he has founded LawZero, a nonprofit aimed at promoting safe and ethical AI development. Bengio urges business leaders to collaborate on addressing the challenges posed by AI, emphasizing the urgent need for a mindful approach to technology deployment to mitigate risks to employment and society at large.