AI will eliminate most jobs, people will only go to work for 'passion'

The billionaire, who owns a series of technology companies including Tesla, SpaceX, social network X (formerly Twitter), and AI start-up, said in a meeting with the UK Prime Minister that “for the first time we will have something that is smarter than the smartest person”.

Elon Musk once called for a halt to the development of AI models more powerful than OpenAI's GPT-4.

“It’s hard to pinpoint a specific time, but there will come a time when people won’t need to work,” Musk told British Chancellor Rishi Sunak. “Of course you can still have a hobby, but AI will be able to do everything.”

However, he believes that AI is 80% good and 20% bad. Musk has repeatedly warned about the risks that AI poses to humanity. The Tesla CEO is also one of the technology leaders calling for a pause in the development of technology more powerful than OpenAI's GPT-4.

Meanwhile, many technology leaders disagreed with the above call, saying that "many people requested a pause because they did not have products to compete".

Musk's comments came at an AI conference in the UK, where world leaders issued a global statement on AI saying they found common ground on the risks posed by AI to humanity.

At this event, governments and the technology industry focused on a number of “doomsday” scenarios that could occur when a hypothetical superintelligence emerges.

The conference also saw the US and China, two countries locked in a tense technology war, find common ground around some of the thorny issues of AI, including how to regulate and develop the technology safely.

(According to Reuters, Bloomberg)

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