Google CEO SHOCKS Everyone " We MUST Prepare NOW!" NEW AI Prediction

so the CEO of Google's AI team just said something that actually did shock me and it shocked me so much that I literally had to take around two days off from uploading because I think the Monumental scale of change coming is one that most people haven't grappled with yet so let's take a look at what he said and why this is so shocking and then I'll dive deeper into the video I actually don't think they fully understand the Monumental of what is being built AI designed drugs and cures for really terrible diseases we're only just a few years away from that the energy becomes free or cheap right and then suddenly the nature of of money even changes we don't want to have to wait till the eve before AGI happens and go you know what maybe we should have thought about this a bit harder okay no we should be preparing for that now you can see there it was a pretty fascinating statement he said we should be preparing now and we shouldn't wait until the eve of AGI to get things done and it was a really interesting statement because the level of change coming is one that is actually shocking like actually shocking and this video I'm going to be raising several points and concerns which are things that I think you all should be thinking about and stuff that you should know so essentially this video is going to be taking a deep dive into the term post labor economics and to my knowledge the only person that I've seen really cover this on YouTube is David chapiro which is someone else that does AI videos but I think it's a rather interesting debate SLC concept because it is something that we will be living in Fairly soon and essentially post labor economics is just the fact that right now society and the economy is you know going based on human labor but what happens in the post AGI society when AGI is the dominant force that does the majority of the work and intelligence uh we move to post labor economics which is just after that so it's after the labor um we're on a very different time scale so the thing is that this is happening okay this is something that if you aren't paying attention you aren't going to realize that this is coming now these are just the first three links I clicked on a website that host hosts it actually just hosts like every single um you know instance of AI being replacing someone's job and it's essentially a website that shows you how quickly this technology is going to be impacting the world and you know I've looked at several different studies and we're just going to take a look at these but you can see IBM to pause hiring in a plan to replace 7,800 jobs with AI Bloomberg reports you know clana says it's going to lay off you know 700 people after the AI can do the work of 700 agents joingo has cut about 10% of its contractors as part of a shift towards heavier Reliance on artificial intelligence um and these are just recently okay and this is going to get worse because the thing is technology gets better it means it becomes more usable it becomes more efficient and it also becomes cheaper to use which means it becomes more economically viable for these companies to use and the point I'm trying to make here guys is that this is something that is coming what we are seeing now is just the first instances of these companies coming around there are some companies that you know likely just are stuck in their own ways probably don't want to use the technology and eventually they will come around because what happens with time is that the companies that use AI compared to the companies that don't use AI will be far more productive probably two to three times more productive and over time those companies are just going to lose because it's capitalism it's competition and if you don't evolve you will die and you know the more efficient companies over the long term do win so it is something that is going to happen and it's something that is inevitable which means okay we have to talk about what Society is going to be like because like he said okay this is something that people are not prepared for and Society is just simply not prepared for now essentially one thing that continually is continually discussed and something that I do see quite a lot discussed is of course the concept of universal basic income now Universal basic income proposes that the government give every adult citizen a set amount of money on a regular basis typically without conditions related to wealth or employment and the aims of such a system includes reducing poverty and helping individuals meet basic needs now this is something that you know it's been done before in certain experiments but many people are stating that if we move to a post labor society and we need you know we're in post labor economics or whatever um Universal basic income is going to be something that is necessary because many humans won't be able to provide wealth for themselves due to the loss of I guess you could say upward social mobility and due to the loss of value because not only if robots are a thing you know are people going to lose their physical standing in terms of what they're able to do with their bodies in terms of efficiency but you know the intelligence that many people do have is quickly being eroded as AI agents and all of these you know smart AI systems become more and more efficient than some people that we do know so this is likely going to be something that does affect everyone and it is going to be fascinating on how this technology truly will evolve because it's something that is just really vast on the Spectrum like many people would think that you know AI artists were going to be affected L AI artists were affected first you know people would think that okay AI is just going to be affecting you know some of the really terrible automatable jobs we're seeing that AI is affecting a lot of the white color work so it's something that you know this Singularity that we're you know coming across is something that we really don't know and cannot predict effectively and you know if you were to go back like I said you'd be thinking ah you know artists are going to be lost you know pick a Korean

art that's going to be good but we've seen that you know those predictions that we think are so right can often be so wrong now there have been some studies on universal basic income and I think these studies are really important because they do highlight the effects of universal basic income for example you can see that full-time employment among recipients Rose and their physical health and emotional health also improved so basically if you didn't know for most people their main source of you know mental health issues is a worry and I remember reading a study quite a while back that you know people who have property that pay for their like lifestyle people essentially who have rental income have like 83% less depression 83% less stress it all something insane but the point is that you know um having a universal basic income improves people's mental health by a significant amount and um there was some also you know statistics here that I think are really important as well and you can see that there was an experiment in Finland and it said in the finnished experiment people on the basic income reported a large and statistically significant improvements in key drivers of well-being the importance of impact of for well-being Factor so you can see mental health that's where it had the most impact and of course the other ones here like employment and trust it didn't really matter so the point is that this is something that will likely need to be done okay because it is something that is going to happen regardless okay job losses are going to happen and the problem with AI is that it's not like it's a dynamic thing where you know jobs are being you know new jobs are spurring up but I think that with AI even if AI a AI is something that will like take a 100 jobs and then replace and then maybe 20 jobs come up do you know what I mean it's not a onetoone scenario like before when we had the Industrial Revolution this is something that is fundamentally a labor replacing tool as said by um you know some other former Google boss as well so um essentially you can see right here as well that um you might be thinking okay so there's going to be a Ubi but how Earth we pay with the Ubi because it is something that we need to talk about so this is an article about Sam Alman from Business Insider it's rather important it states that Silicon Valley leaders think AI will one day fund free cash handouts but experts aren't convinced so um essentially it was covering Sam alman's blog post where he stated that you know in a little as 10 years AI could generate enough wealth to pay every adult in the United States $13,500 a year open AI CEO Sam Alman said in a 2,933 word piece called Mo's law for everything but critics are concerned that Altman's views could cause more harm than good and that he's misleading the public on where AI is headed now you can dive a little bit more into this article you can see that one of the crazy things about this article was what Sam Alman actually said um you can see that he actually said that artificial intelligence companies could become so powerful and Wealthy that they're able to provide a universal basic income to every man woman and child on Earth okay he said that's how some in the AI Community have interpreted the lengthy blog post and as last 10 years y y but the crazy statement from this was that he said my work at open AI reminds me every day about the magnitude of the socioeconomic change that is coming sooner than most people believe you got that right guys magnitude of socioeconomic change that is com coming sooner than most people believe so that is something you know pretty insane and he also said here but I didn't highlight this he says software that can think and learn will do more and more of the work that people do right now and this is something that he said quite some time ago um and we can see that we've evolved uh you know we've upgraded you know quite a lot since then so you can imagine what the next 10 years are going to look like if we factor in exponential change now of course there is going to be uh you know something that you know Sam Alman did talk about which is of course iterative deployment because the world isn't essentially ready Sam Alman of course and I've brought this up previous times but this is just to show you guys that like you know whilst they probably do have you know future systems like gb5 and whatever and they're not going to be deploying them anytime soon um in fact they might deploy gbt 5 soon but the point is that they're not going to deploy every system as they get them because the world literally isn't ready and he said it's the only safe path and the only way for people society and institutions to have time to update and internalize what this all means and I believe that that's very true I've covered this in another video before I'm not going to cover all of that stuff again but the point is that look okay if Ubi is something that is going to be needed which is you know Universal basic income something that people talked about quite a bit before um how is that going to be funded so there was this okay which is essentially taxing the capital and it says one of the main thrusts of the essay is to call a tax Capital this is from a different um article and it says that's where the Ubi money would come from we could do something called the American Equity Fund would be capitalized by taxing companies above certain valuations 2. 5 of their market value each year payable in shares transferred to the fund and by taxing 2. 5 % the value of all privately held land payable in dollars he said all citizens over 18 would be getting an annual distribution and basically what he's saying is that you know every citizen would therefore increasingly partake of the freedoms powers autonomies and opportunities that comes with economic self-determination povert poverty would be greatly reduced and many people would have a shot at the life they want the point here is that essentially because all of these AI companies are going to be making ridiculous profits what some people are suggesting well you know there was a paper and I've covered this once I

think before but essentially this paper it covers I'm going to show you guys right here this paper called the winfall Clause essentially I think is probably one of the best scenarios but I don't know how on Earth we're going to get people to agree to this but um essentially it says here okay so if the third is that if companies themselves decide to donate a large share of their profits this was the key proposal of a landmark 2020 paper called the winful Clause released by the center for governance of AI in Oxford the six authors notably include member a number of figures who are senior government officials at leading labs and the idea is simple the Clause is a voluntary but binding commitment that AI firms could make to donate a set percentage of their profits in excess of a certain threshold to a charitable entity and they suggest that the thresholds be based on profits as a share of the world's gross W products or essentially the world's entire economic app the point is that if these companies are going to be making so much money okay the point is that like if everyone's going to be unemployed and these companies are able to like be so efficient when you only three people to do the work of like 300,000 they're going to say like look okay if you're making that much money off your software whatever um there's going to be a certain tax and because of you know your companies making like let's say making like 1010 billion in profit every single quarter that is going to be tax because you know of AI and then that taxed money is going to get redistributed to those in those positions and essentially you can see right here properly enacted the windfall Clause could address several potential problems with AI driven economic growth the distribution of profits could compensate those rendered thoughtlessly unemployed due to advances in technology and mitigate potential increases in equality and smooth the economic transition for the most runnable provides a Labs with a credible tangible mechanisms to demonstrate their commitment to pursuing Advanced AI for the common Global good and finally it provides a concrete suggestion that may stimulate other proposals and discussions about how best to mitigate AI driven disruption Point here being I think this is something that is likely to happen but uh you know with policies and with the law and how slow everything is with all the agreements and just you know the kind of system is I mean it's really hard to get people to agree on anything so I have no idea how this is going to work but the point is that we are moving into an area where you know companies are going to get more and more efficient they're streamlined and the problem is that think about like this okay if you're a normal person okay you have a normal job normal career um you know you might not lose your job but for those of you that are going to be in the basket that do okay getting rehired especially if you're like 40 or something like that you know retraining and all that stuff is going to be pretty hard you're going to be in a pretty precarious situation the point is that where do those people in society go and essentially the winfall Clause is there for that and I think it's going to be important because in the future I'm not sure how we're going to deal with an ex part of the population that just doesn't have work because there are just simply not enough jobs to go around or you know maybe due to certain socioeconomic factors they're unable to so another thing that people do need to think about as well is the loss of meaning um and that was something that was covered in another video and essentially this post from here from Reddit is a very important one and it says the everfield why am I doing this when this will be OB obsolete when AI hits says I don't think people realize when AGI hits not only will this Usher into a jobless Society but also the mere concept of being useful to another human will end now this post is a little bit more on the Doomer side but it does have a good point it says the concept is so integral to Human Society now that if you're bored with your job and you want another venture most of your options have something to do with that concept somehow learn a new language what's the point if we have perfect translators write a novel what's the point if nobody's going to read it since they can get better ones by machines learn a about a new scientific field what's the point if no one's going to ask you about it ever felt that what's the point will you be obsolete with anything that will do now this is a good point and of course there are caveats to this argument but the point is that if machines are absolutely better than humans at absolutely everything okay some people are going to be asking what is your point now you could say that look okay people will always find things to do jobs don't need to exist for people to achieve things but you know people play sports they play competitive games they play chess they s puzzles um you know but I do think that it is an important issue because a lot of people are thinking what is the point of me doing this like I've seen a lot of people recently you know who are coding and say like look we you know they're working on some crazy coding systems there was a recent breakthrough in some you know coding a startup people are investing hundreds of millions of dollars into it and some people like look I'm working on something I'm coding on something and like what is the even Point like in the back of their head they are thinking what is the point if I know this is going to be Obsolete and essentially there's this loss of purpose that many humans are going to have to deal with when their entire field becomes Obsolete and I think that is something that we also need to deal with as well because like you know de Mr sbit said um Society literally isn't ready so I do hope the transition is smooth like I said before or you know with Sam Alman stating that you know he's going to do iterative deployment with the systems it does make sense but I think the loss of meaning is also something that people will have to Grapple with and it definitely was something that I did grapple with for a couple of days when you know reality did set in because you know a lot of people lose their identity because essentially think about it this if you've always been an intellectual and then machines are suddenly smarter that you and absolutely everything you do you know what are you anymore that's you know a real uh I guess you could say loss of identity because you know being smart is no longer who you are because

if machines are so much smarter than you know it's pretty hard like if you're a writer and then all of a sudden you know every writing job that you had previously is just taken by chat GPT it's going to be a crushing you know self of sense worth because something exists now that can completely do what you do way quicker way easier uh and way cheaper so that is something that people will have to Grapple with now one of the things I think most people don't realize and I think even some people in the comments is that you know that we we're moving at a rate that like once AGI is here that's when the real trouble will set in and I think that most people aren't ready for this scenario and the video isn't about generative AI tools whilst those are crazy uh this post here kind of does talk about it and AGI is the point at which things do change that that's the point like where the singularity kind of does happen where you know we jump off into that Cliff of the unknown and things do become crazy and I don't think AI is that far away so it's actually pretty concerning to think about because someone also commented about this and this was a really interesting thing because I don't have an answer for this I've even looked at podcasts okay and I've looked around and every time the interviewer gets asked this question they never come up with a decent response okay um and trust me I've looked around and even in the demon sist view um the answer that he gives isn't exactly that concrete I mean I'll talk about it in a moment but essentially the post here states that I'm not sure people are thinking enough about social upward Mobility evaporating midterm if you're an intellectual you can provide you know the value to make money acquire resources and you know um improve your family's life but that's going to be gone if you want to get an intellectual job there's going to be none if you want to start business what can you provide the AGI con if you're thinking a fible labor business you can bet your bottom dollar that 100 million other people will be competing to do the exact same thing in the long term all value to society will be provided by self-learning mobile robots capable of providing all physical and intellectual labor infinitely better than anything you could possible do and think about like this okay the point this post here trying to make I'm not going to read the entire thing okay is that like think about it from this standpoint let's imagine a world where AGI is here okay and it's virtuoso AGI which means it's better than 99. 9% of humans at everything which means okay anything that can be done in the Physical Realm by a human robot is here and can be done and anything that can be done on a computer is going to be done 10 times faster uh for 24 hours okay think about like this if you're coding the AGI can code uh you know with 100% accuracy and it can code 24 hours a day so you're completely out of a job and if you were doing something like Plumbing or something like that they have robots that are just completely agile the bosson Dynamics robot they dropped a new one um and it's cheap and it's fast and it's there okay think about like this okay the point is if that is society okay how on Earth do you have be socially mobile like how do you um move upwards in society usually you get a job you know you make money you save money you invest and then you can do better for yourself but the point is that you know how on Earth are you supposed to move up and it says you know how does that work and someone did post the interesting question is says not just the absence of upward Mobility but the absence of Hope for Upward Mobility this is going to crush people's psyches and this video isn't a doom and gloom video this video is not to be like look the end is near I think the future is definitely going to be exciting because one of the things that Demus actually talked about was he said that you know the nature of society is going to change so much that maybe some of these issues won't be issues because you know with all the scientific breakthroughs coming through maybe robots are just going to be doing everything maybe the entire Society just changes I have no idea the point is that you know there are so many different questions and once AGI gets here it really is a singularity because this is a true concern and of course you know there's just a lot that is going on now of course the nature of money is going to change as well and I think that is something that we also need to prepare for because I think as well the tokenization of assets is going to come into it and I always thought that crypto was pretty useless until I really did research about this and essentially you know digital asset tokenization is just a process whereby ownership or rights of an asset are represented as tokens and stored on a blockchain and the point why I'm bringing up tokenization where you can have fractional ownership is because in the future binance is definitely going to change um and tokenization is probably going to be one of those ways which is going to be interesting as well because essentially if we have like this AI world where AI is going to be powering the blockchain I'm guessing due to the nature of these intelligences it's likely that you know the value of money is going to change because not only is capitalism going to fundamentally change but there's also going to potentially be Ubi so the kind of system that we're you know operating right now is going to change completely and also people are stating that you know land ownership may change which is why tokenization is going to be there there's just a whole realm of possibilities that we really aren't thinking of now I do want to also state that you know is it all doom and gloom no of course it's not you know of course the future isn't horrible there's going to be some major great things you know like for example you know the medical improvements the you know improvements to education being able to get a personalized tutor so you can understand the world and those kind of things I think those are really important and those are the things that people should really be excited about and really be pushing for like you know uh the health breakthroughs that are going to come from you know AGI type systems and of course I do hope that in the future maybe there's some kind of AI system that's able to give you a personalized Health Report immediately rather than having to wait for appointments for a doctor because we've seen with previous research that this is something that is really effective like a Google's ay system that

was able to outperform clinicians so I think that in the future those kind of things are going to be really cool and of course the ability to create whatever you want um with these generative AI systems or with these AI agents you're going to be able to do a lot of things that you weren't able to do before which means you can also create economic value for yourself if you're able to think creatively and pull things together now of course you could argue that you know AGI could just do that instead it could create a company instead but at the end of the day there's always going to be industries that you know are going to be nonaffected you know for example Healthcare professionals people don't want a robot rubbing on their legs I don't know about you guys I'm not trying to inate anything weird but I just know that you know if I am in a situation where I need recovery or rehab I'm always going to want a human there and of course teachers and educators are always going to want to be human um you know for examples counselors and therapists you know people helping you uh to Grapple with the situation I do think that certain people in you know lawyers judges you know certain people in politics will still remain in their roles of course social workers Community organizers entrepreneurs innovators personal service providers there are still many Industries in which you know people are still going to thrive for example you know the entertainment industry is still one that's still going to thrive although it might change due to Hollywood and stuff like that but I still think you know the sports and stuff like that is still going to be there but the point is that you know it's not all doom and gloom but I do think that we know we need to move quicker and as quickly as we are in terms of AI development and since it was something that I was thinking about the fact that you know I was watching a podcast and then that guy was saying that stuff you know debus I just thought that you know I might as well give you guys this video because it is something that we aren't prepared for currently and I think you know open have realized that and they were like look Society just isn't ready for you know if we drop this next level system you know the masses of job losses the you know the ability for people to comprehend how good these systems are and if you've watched my videos previously you'll know that with the Sora release they literally said look you guys aren't ready for what we have in store so we kind of released Sora to show you what is capable and I think that goes to show us that you know these governments that are in charge you really need to you know buckle up because the amount of economic change that's going to happen we really need to make sure that Society has a smooth transition into whatever new economic system we are going to implement so with that being said what do you guys think about Society do you think job losses aren't going to be there do you think you know it's just something that is Transitional and which just you know instead of replacing people are just going to transition from one industry to another do you think Ubi should happen do you think governments even going to do it because some people are debating that it might not happen and people are just going to be screwed and do you think that the winfall Clause is something that should be done I think this is definitely and it does make sense but either way I'm someone that is always optimistic I don't think there's any point to being a Doomer I mean it doesn't help anyone certainly it doesn't help yourself so with that being said I'm looking forward to the future and I'm just going to be you know looking for opportunities because if you're in this space if you're watching these videos you're going to be the first person to understand and identify key opportunities where you can provide economic value for yourself so I would just recommend doing that and staying up to date because a lot of people aren't really paying attention they are watching this video might not get that many views but the point is that you're here you're now you're someone who's early so I would stay up to date with the stuff and that way you can at least provide yourself the best opportunity for whatever the future may be and with that being said for this I'll see you in the next one