Takeaways from Mary Meeker's Blockbuster Slideshow and More - Impact of AI Is Not Hype

 Once titled "Queen of the Internet," Mary Meeker is creating her space as the thought leader on Artificial Intelligence. 

Her perspective is through the lens of being a founder of venture capital firm Bond. Previously she had been with VC player Kleiner Perkins. 

Spoiler Alert: Meeker assesses that AI is not yet a money-maker. Many businesses could simply not reach even a breakeven point.

However, it is a disruptor. And the level of that disruption is "unprecedented." 

Meeker uses that term 51 times in her 340 page trends slideshow. This is the first trends report slideshow she had presented since 2019. Here you can retrieve the slideshow and probably come to agree that its impacts are, yes, unprecedented.

That's primarily because of its widespread and rapid adoption. For example, in 17 months OpenAI's ChatGPT acquired 800 million users. Just as quickly "ChatGPT" became a verb, just as "Google" had. I directed a client: "ChatGPT it." Another sign of the intensity of this trend is that youth has made it standard in everything from doing school assignments to applying for jobs. 

What is also unprecedented is how it is changing work. The disruption is more seismic than what was unleashed during the Industrial Revolution. Already jobs are being eliminated in content-creation, graphic design, recruiting, human resources, film production, management consulting, document review/research in the legal sector, marketing, finance, tech itself as with coding and more. 

Nick Kalm, CEO of Reputation Partners, indicated this in a LinkedIn post: 

"The first jobs to go will be any that have 'analyst' in the title and will quickly spread to many more."

Some in the legal sector were stunned that chair of elite Paul Weiss Brad Karp actually went on record with the possibility that AI will eliminate some associate jobs. 

Anthropic founder Dario Amodei predicted that AI will wipe out half of the white collar entry-level jobs.

Technology expert Paul Chaney, once the Patron Saint of freelancers (he and I did a podcast on that), now warns how those gigs are threatened by AI. He uses as an example Contently's creation of an AI platform. That content-provider for brands had been contracting with plenty of freelancers. Now, the shift will be to less a number of content strategists and content editors. 

During the Industrial Revolution those reeling from the transitions gained comfort from novelist Charles Dickens. 

Currently, what I'm experiencing is a turn to faith-based institutions such as evangelical churches. Because of client demand I have integrated the faith-based in my intuitive coaching. It does lower anxiety and opens the door to clarity in decision-making about what's next.

Rattled by the uncertainty? Faith-based Career Coaching. Special expertise with transitions, reskilling and aging. Psychic/tarot readings, upon request. Complimentary consultation with Jane Genova (Text 203-468-8579, janegenova374@gmail.com). Yes, test out the chemistry.





 


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