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Fortune business

Key Points:

  • AI advancements are expected to increasingly replace human jobs across various sectors within the next five years, with junior roles and new hires, especially Gen Z, being hit hardest initially.
  • Even highly educated graduates face challenges in the job market as companies like Intel, IBM, and Google freeze new roles, anticipating AI to take over many tasks.
  • AI's impact extends beyond office jobs to trade professions and could potentially threaten democratic systems within two decades.
  • Yoshua Bengio, a pioneer in AI, expressed regret over not foreseeing these risks earlier and has launched a nonprofit, LawZero, to promote safe and human-aligned AI development.
  • Bengio urges CEOs to collaborate and pause competitive pressures to address AI's risks collectively, warning that unchecked AI development could have catastrophic consequences for society and future generations.

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