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Mark Cuban's "huge" prediction on AI! A double-edged sword?

Tue 27 Feb 2024 ▪ 3 min read ▪ by Eddy S.
Getting informed

Billionaire and fervent dogecoin advocate Mark Cuban has made a sensational prediction about artificial intelligence (AI). According to him, it will bring enormous benefits but will also cause massive job losses.

IA Mark Cuban Elon Musk

AI, a Massive Adoption on the Way

According to Cuban’s statements, AI is set to develop exponentially over the next few years. Initially confined to limited use cases, it will eventually infiltrate all areas of society. The billionaire mentions revolutionary applications:

  • Ultra-performing personal assistants that perfectly understand the needs and emotions of users.
  • Robots capable of performing the majority of manual tasks in place of humans.
  • Algorithms expert in diagnosing diseases and suggesting the best treatments.
  • Autonomous vehicles transporting people and goods safely.
  • Creative programs generating works of art, music, and stories from scratch.

According to Cuban, we are just at the beginning. In 10 years, AI will be everywhere and will improve every aspect of our lives. But obviously, every technological revolution also comes with side effects that need to be anticipated.

Major Job Losses to Be Expected!

Drivers, laborers, administrative employees, traders…all these professions are potentially at risk with the advent of AI.

Even highly qualified professionals could be affected. Medical diagnostic software already threatens the status of general practitioners. Automated content writing jeopardizes the journalist profession. And creative AI programs, like DALL-E 2, are capable of generating professional-quality images and designs.

We risk ending up with millions of unemployed if we don’t take the lead,” warns Mark Cuban. “We need to put in place safety nets now, and consider a universal income that would compensate for the massive job losses.

Elon Musk: The Technophile Optimism Against Cuban’s Caution

Elon Musk, another tech figure, has also recently made predictions concerning AI. According to him, in less than three years, AI will be able to surpass humans in just about every field. Musk thus believes in an extremely rapid development of AI capabilities, even going beyond the predictions of Mark Cuban. It remains to be seen whether this very optimistic vision will materialize or if the caution urged by Mark Cuban is not wiser to frame the advances of AI.

If these safeguards are respected, AI could truly improve the fate of humanity, Mark Cuban wants to believe. But the road will be narrow between a virtuous adoption and a drift with catastrophic consequences. The call has been made: governments, businesses, and citizens must work together for an AI transition that is both ambitious and ethical. The future of our societies depends on it.

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Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.