Rotman Management

Thought Leader Interview: Vinod Khosla

In a 2017 essay (“AI: Scary For The Right Reasons”), you wrote that AI might improve metrics like GDP growth and productivity, but at the same time, it may worsen less visible metrics such as income disparity. Are you still concerned about that?

Even more so. Without a doubt, AI is the most important technology we have seen in a very long time. Some people even refer to it as ‘the last technology’, because it will likely be responsible for all of the technologies that follow. As such, it presents massive potential for contributing to society. Having said that, where we get to will depend on the path we take.

It’s great to talk about creative destruction if you’re the one doing the disrupting; but if you’re the one being destroyed, it isn’t much fun. Disruption is always unpleasant for someone, and in the coming years, it will take its toll on jobs. The core issue is that ‘efficiency’ in the business world generally means reducing costs, which results in replacing lower-wage, less-skilled workers with far fewer well-paid, highly skilled people. Because of this, I do worry that the machine learning revolution will lead to increasing income disparity — and that disparity beyond a certain point could lead to social unrest.

On the positive side, the jobs we all covet are jobs that we would do even if we didn’t get paid to do them, and that is the long-term potential of AI. It could eliminate the need for unsatisfying work. However, long before we get there, we will have to go through the dynamics of shifting from

Estás leyendo una vista previa, regístrate para leer más.

Más de Rotman Management

Rotman Management14 min. leídosTech
China’s Innovation Agenda: A Middle Power Finds Its Way
IN LATE 2017, a headline in the South China Morning Post declared that “China’s chance to lead global innovation may lie with 5G mobile technology development.” The accompanying story began as follows: “China is on the cusp of recasting itself as a l
Rotman Management11 min. leídosTech
Leadership Forum: Creative Destruction in Healthcare
Chief Digital Officer, Partners HealthCare MY COLLEAGUE, BEST-SELLING AUTHOR Atil Guwande, recently wrote an article for the New Yorker titled, “Why Doctors Hate Their Computers.” In it, he points to a number of workflow-related issues that are probl
Rotman Management12 min. leídosTech
Machine Learning in Business: Issues for Society
AT ITS CORE, machine learning is concerned with using large data sets to learn the relationships between variables, make predictions and interact with a changing environment. And it is becoming an increasingly important tool in business — so much so