Microsoft AI CEO: Most white-collar jobs to be replaced by AI in 12 months

10,392 Views | 186 Replies | Last: 17 days ago by HowdyTexasAggies
Signel
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The jobs won't be gone, but the pressure to drop people to max their profit is not going to go away.

Businesses that adapt fast will be much higher profit, and VC will go to them. Imagine that, people wanting to get rich will do what it takes to maximize their gains and not for the good of the country.

Then the government will try and step in, but they will be way too late to the game.
torrid
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From the company that brings you Copilot as an AI tool.
P.H. Dexippus
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JobSecurity said:

Whattt a CEO thinks his company's product will be revolutionary and life changing?

Remember when amazing technology was announced that was going to revolutionize transportation, and all we got was Segway?
kag00
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AI is a TOOL, not a magic wand. Hearing executives in brainstorming sessions talk about all the things AI can do is laughable. They think if they just say they want it to do a thing with minimal guidance then it will just go and do it perfectly. An individual who ca weld the tool correctly can drive significant efficiency and create real changes. The wrong person is just cutting the grass with scissors.
No Spin Ag
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1981 Monte Carlo said:

Why are we letting people like him into this country? Much less in any position of authority or power?


Maybe because, per the Google, he:

Quote:


DeepMind Acquisition: Co-founded DeepMind, which was sold to Google for a reported $400 million$650 million in 2014.
Inflection AI: Co-founded Inflection AI, which raised $225 million in its initial funding round.

There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
Hoyt Ag
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Signel said:

The jobs won't be gone, but the pressure to drop people to max their profit is not going to go away.

Businesses that adapt fast will be much higher profit, and VC will go to them. Imagine that, people wanting to get rich will do what it takes to maximize their gains and not for the good of the country.

Then the government will try and step in, but they will be way too late to the game.

I work in power generation and we are all in on incorporating AI into every facet of our business. Working in Operations, we are little safer but I can totally see headcount dropping significantly over the next decade if not sooner.
SmackDaddy
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(1) Matt Shumer on X: "Something Big Is Happening" / X
mm98
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AJ02 said:

Good luck. Every single software I've EVER used is completed ******ed when it comes to supply chain. I'll sit back and wait for the inevitable clusterf*** if they try it. 40 years of stock on item A that moves 1/year, but negative stock on item B that moves 1,000/day.

LOL. I feel your pain, my man. We have millions invested in our ERP but the bulk of the analysis is done outside the system in spreadsheets.
AnScAggie
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If AI can replace entire HR departments, I think this is a win!!
AxelFoley85
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Seriously. How about we just say no to AI run companies?
AxelFoley85
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Can I vote for an AI free society?
infinity ag
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kag00 said:

AI is a TOOL, not a magic wand. Hearing executives in brainstorming sessions talk about all the things AI can do is laughable. They think if they just say they want it to do a thing with minimal guidance then it will just go and do it perfectly. An individual who ca weld the tool correctly can drive significant efficiency and create real changes. The wrong person is just cutting the grass with scissors.


You got it.
AI is just like a screwdriver or a chisel to a carpenter. He uses it to make a chair and a table. A screwdriver cannot make a chair by itself.

However, olds can be fooled by this kind of talk as they know nothing about technology and corporations can prey on their insecurities to sell them stuff and strike fear in them.


The real disruption is when idiot CEOs want to cover their asses for their bad decisions, and use AI as a reason for layoffs so the press just runs with the story that AI is causing layoffs already. Linkedin is full of such "influencers" who just regurgitate this line of thinking to spread more fear so they can sell courses. Then there will be CEOs who just lay people off FIRST and then try to replace their work with AI, and fail miserably, get fired, get their $10000000000000 package and leave the company wrecked. That will happen.

Everyone is a charlatan these days.
Galborathelion
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BusterAg said:

The hype is progressing as expected.



IMO we are at about 1.7 right now.

4.0 won't likely be until around 2029.




I think it's fair to say that AI is not just another product that can be hand waved away by a simple graph. There have been inventions in human history that radically altered life for mankind. The Internet being one such thing already in our lives. AI could easily change day to day life on significant ways for EVERYONE, and like others are saying, maybe in 12 months maybe longer, things are going to look a lot different. The Internet changed humanity, some ways good some ways bad, AI (and what it actually is, "big data" and the ability to compute and process mass quantities of that data on a scale exponentially higher than ever before) will do the same.
infinity ag
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Now it's 18 months.

Whew. We are saved.

Logos Stick
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He didn't say this: "Most white-collar jobs to be replaced by AI in 12 months"

He said this: "most of the tasks performed in white-collar jobs will be fully automated by Artificial Intelligence (AI) within the next 12 to 18 months."


English.
javajaws
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Galborathelion said:

BusterAg said:

The hype is progressing as expected.



IMO we are at about 1.7 right now.

4.0 won't likely be until around 2029.




I think it's fair to say that AI is not just another product that can be hand waved away by a simple graph. There have been inventions in human history that radically altered life for mankind. The Internet being one such thing already in our lives. AI could easily change day to day life on significant ways for EVERYONE, and like others are saying, maybe in 12 months maybe longer, things are going to look a lot different. The Internet changed humanity, some ways good some ways bad, AI (and what it actually is, "big data" and the ability to compute and process mass quantities of that data on a scale exponentially higher than ever before) will do the same.

Read my post on the previous page. In addition to that, AI somewhat "democratizes" knowledge. We can have debates about whether or not today's (or the near future version of) AI is "intelligent" or not. But the reality is that it is "intelligent" enough already to start the ball rolling.

You could argue the Internet democratized knowledge as well, but really the Internet only shared knowledge. AI can do that too but it can also APPLY that knowledge for you all in one step. It can connect dots you didn't know could or should be connected.

Smart and intelligent people in white collar jobs will be finding out they aren't so smart and intelligent after all when somebody off the street can use AI to do their job...with half the salary cost (because of a larger pool of candidates able to do that job with AI assistance).

I look for AI to be a deflationary technology if it matures fast enough. I wouldn't recommend loading up on any long term debt right now that's for sure.
jt2hunt
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Go ahead and show me those AI robots that are gonna do all the plumbing electrical HVAC service work in this country
dmart90
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deddog said:

I have no doubt AI can write better code than most engineers.
Can it reason better though?

AI makes good software developers better. It makes bad software developers worse.
Keller6Ag91
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Why does all this AI talk have the same markings of the climate alarmist business that started 5 decades ago? And I work in tech where AI is all the buzzword, but real tangible results are fleeting.
Gig'Em and God Bless,

JB'91
javajaws
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jt2hunt said:

Go ahead and show me those AI robots that are gonna do all the plumbing electrical HVAC service work in this country

While those will be some of the more AI resistant jobs out there, they will suffer from a labor glut as people "downgrade" into hands on jobs. Good for consumers (that still have jobs), but bad for those working in those industries (but not as bad as loosing your job to AI).
AtlAg05
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My use case for today, tested in Gemini and Copilot. Two versions of PowerPoint with multiple slides. Tell me the difference between the two versions. Neither could do it.

It's a tool, to be used to make efficiencies but it is not there and won't be in 12 months. Just a C level trying to justify why they spend so much but aren't seeing the returns.
Hoyt Ag
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jt2hunt said:

Go ahead and show me those AI robots that are gonna do all the plumbing electrical HVAC service work in this country

I wanna see the AI that is going to work on the 15,000hp turbine my guys have been working on this week. Not happening anytime soon.
YouBet
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We are headed for an economic reckoning with this stuff. College grads are already looking at 10% UE numbers and that's only going to get worse.

Get ready for UBI policies getting floated in the next big election because if AI automates as much as the proponents say it will we are going to have massive numbers of people not working.
Rocky Rider
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Question for those that know how AI code gen works. How do you describe the requirements to AI? Prose, Q&A, form fill-in, mental telepathy :-), …
LMCane
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I just started paying for Claude to help finish the Bibliography on my book

it could not even get it correct!!!

but somehow it's going to take over the world right now when it can't even format endnotes properly??!
Logos Stick
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AtlAg05 said:

My use case for today, tested in Gemini and Copilot. Two versions of PowerPoint with multiple slides. Tell me the difference between the two versions. Neither could do it.


I just did that using ChatGPT. Curious though about this task, I've never had a reason to do that. MS used to have a built in compare function but they dropped it.
JCA1
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Assuming for the sake of argument that AI does reach the point where it could do these jobs, that's a long way from being allowed to usurp these jobs. There are still states you can't pump your own gas in. Crazy barriers to entry in virtually every profession above dog catcher. But the government is just going to sit back and watch huge swaths of the job market disappear? Color me skeptical.
fav13andac1)c
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Why would anyone in a position of power say this and expect a positive reaction?
infinity ag
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dmart90 said:

deddog said:

I have no doubt AI can write better code than most engineers.
Can it reason better though?

AI makes good software developers better. It makes bad software developers worse.


This is so true.
My wife (unfortunately) manages offshore code-monkeys from India and from what she hears from the US based engineering team, the Indian team just throws stuff into ChatGPT or whatever and sends things back without checking. "It's written by AI, so must be right..... let's go for a smoke".

How long will this last?
infinity ag
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Hoyt Ag said:

jt2hunt said:

Go ahead and show me those AI robots that are gonna do all the plumbing electrical HVAC service work in this country

I wanna see the AI that is going to work on the 15,000hp turbine my guys have been working on this week. Not happening anytime soon.


They may come up with robots which are AI enabled that can work on the turbines. If they can work in Amazon warehouses, they can work on turbines too.
Hoyt Ag
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infinity ag said:

Hoyt Ag said:

jt2hunt said:

Go ahead and show me those AI robots that are gonna do all the plumbing electrical HVAC service work in this country

I wanna see the AI that is going to work on the 15,000hp turbine my guys have been working on this week. Not happening anytime soon.


They may come up with robots which are AI enabled that can work on the turbines. If they can work in Amazon warehouses, they can work on turbines too.

OMG, you cannot be serious. You are a computer nerd who knows nothing about working on large equipment, so please stop discussing things you know NOTHING about.
infinity ag
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Rocky Rider said:

Question for those that know how AI code gen works. How do you describe the requirements to AI? Prose, Q&A, form fill-in, mental telepathy :-), …


While designing software, people are generally good at doing the usual cases, but trip up on the edge cases. Those require smarts to anticipate and handle in the code.

Same with AI-written code. You can do the usual cases but the edge cases are going to be tough to figure out and even harder to update when conditions change. If you lose control of your code, it will change and refactor EVERYTHING and could eff up whatever was already working. I work a lot with custom spreadsheets for my options trading work and I have had Claude create formulas for me. Works well. However if I decide to change the logic a bit, it is a nightmare as it redoes the entire thing in a different way and in some cases breaks what was working. You have to describe what you want very very accurately in prose and make sure the AI writes the code according to what you want.
AxelFoley85
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If one person could do it, it would be Elon.
PeekingDuck
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That's not what he said. (re: The 'CEO')
BusterAg
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javajaws said:

While the guy is obviously exaggerating, the impact of AI shouldn't be underestimated. What percent of white collar jobs being eliminated would it take to tank the economy? 10% maybe?

The potential job losses in the next few years will be more than that. And there are no direct replacements for those lost jobs - people will need to come up with new ones. That takes time. Expect lots of new small startups that can use AI efficiently. These new/smaller startups will eat away at large legacy corporations, further increasing layoffs. The legacy corps will have a problem because they have legacy processes, thinking, and stuff like code that isn't as easily automated with AI than it is for someone starting from scratch. Expect a lot of disruption.

This last big disruptive tech to the economy was the Internet. This one may or may not be as big, but it will be as disruptive if not more so.

The internet was good for revenue. It made it easy to market your products nationwide.

AI is more about costs. I say that AI is more like the invention of the spreadsheet. It is going to decrease support roles in major corporations by about 10% to 50%, depending on the industry, which is huge.

It is those cost savings that are baked into the huge stock moves that you see right now.

 
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