Devin at Goldman Sachs: When Will (some) Humans Be Told, "You'll Never Work Again"
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Goldman Sachs' tech head Marco Argenti coined the term "hybrid workforce." That's when humans and AI work together. And the bank is piloting the hybrid workforce. CNBC reports that Goldman Sachs:
" ... is testing an autonomous software engineer from artificial
intelligence startup Cognition that
is expected to soon join the ranks of the firm’s 12,000 human developers ..."
Meanwhile, Bloomberg documents that AI will eliminate 200,000 bank jobs around the world. Ford, Amazon, Paul Weiss and many more businesses have become candid about the possible negative impact of AI on jobs.
Isn't it on short time when policy makers around the world inform some human beings of this reality: You'll never work again. And they will be offered a form of Universal Basic Income. That is, a strings-free monthly stipend for not working.
The inability of the young and aging to land work currently might not be a temporary phenomenon. They chronicle their long-term joblessness on professional anonymous networks Reddit, Fishbowl, Blind and Glassdoor.
The political challenge for global leadership is to help those excluded from work to find purpose. Idealists about UBI project lifestyles in which artists can focus on their craft and there is loving volunteering. However, the feeling of being "lost" being experienced by too many retirees mocks that rosy scenario. Their pain is palpable.
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