In an open and extensive discussion about Nikhil Kamaths YouTube channelLegendary risk capital provider Vinod Khoslaone of Assets‘Sest people In the business there was gen Z. His argument is simple and yet profound: “Chatgpt can teach them all new areas”, which increasingly is increasingly out of date. The title of the episode was dull: “College degrees are useless. “”
The co -founder of Sun Microsystems, known for its contrary views and unshakable certainty in technological possibilities, has painted a future in which artificial intelligence (AI) will fundamentally change the labor market. He claimed that “there is no job in which AI is unable to do 80% of 80% of all workplaces within the next three to five years. He explained that the vast majority of all job functions will be reproducible by AI, hence the 80% of the 80% estimate. Sam Altman’s claim This AI will lead to “intelligence too cheap to the measuring device”.
Khosla said 10 to 15 years, he said, “There is no chance that there is a job that people do that AI cannot cut off so well.” He allowed some minor exceptions and even said a heart or brain operation that a AI should theoretically be able to achieve a high level, although the regulation may not allow this. This quick pace of change, faster than the world in the past 50 years, requires a radical shift of how young people approach their career, he argued.
For a 22-year-old who wonders where you have to concentrate on your efforts, Khoslas Rat is clear: “You have to optimize your career for flexibility, not for a single profession.” He emphasized that the value of learning is not to master a certain trade such as welding, finance or even bookkeeping, but to cultivate “the ability to learn”. He claimed that at 70 he learned much faster than ever, and every young person should strive for this ability. This includes thinking from the first principles and the stake in different areas, be it physics, biology or finance, since AI tools make it easier to acquire new knowledge.
Khosla argued that even disciplines such as computer science for programming experts (who are increasingly treating AI) as well as more for the “thinking process” and the understanding of systems and architectures that they are lending are valuable. The ultimate goal for a young individual, he suggests choosing a way, on which “your knowledge connections and your ability to compound in the course of time” and the principle of financial compound when acquiring knowledge reflect.
The quality of the entrepreneur
For aspiring entrepreneurs, Khosla advises a strategic focus because he believes that everyone in an industry that does not use AI is out of date by someone who uses the tool. While AI can democratize the technology, the success of the innate “quality of the entrepreneur” ability to think strategically is to think strategically, to present long-term goals, to choose the right teams and to choose whom you can advise you. Khosla believes that the current deficiency is not of technology or capital, but of “great entrepreneurs who know how to make these decisions”.
Over and beyond Individual careers spoke Khosla and Kamath about the more comprehensive effects of AI on the economy. Khosla said that it should reduce the costs of many things and act as a deflationary force for many services, and he faced a utopian future with AI-driven people, in which services such as education, medical specialist knowledge and legal advice are “almost free”. He speculated that in 20 to 25 years 10,000 US dollars could buy more goods and services than 50,000 US dollars thanks to the deflationary effects of machines that provide plenty of services.
The career path open for gen z
Khosla is far from applying for the employment prospects for gen z at the age of AI. The anthropic CEO Dario Amodei and the CEO of Nvidia, Jensen Huang, have been involved in one always promised word war Via the Doomsday forecast of the former that 50% of all employees are deleted. Geoffrey HintonThe so -called “godfather of AI” has largely agreed with Amodei and said that only the “very skillful” will remain busy. Huang and chair of the Federal Reserve Jerome Powell have largely approved Khosla and argue that creativity and constant learning will create new jobs for the economy in a virtuous cycle.
The chief economist of Goldman Sachs, Jan Hatzius, has looked at the data and repeated Khosla’s argument that College completes and determined that the “Security bonus”A university degree disappears. Berkeley Economist Brad Delong If the university degree loses its status, but the fault of AI and the political uncertainty that the economy is plaguing and argues that many graduates of the Gen ZC University are not to risk because the conditions for most companies are simply too risky. Goldman seems to agree with Delongfound in July that the AI was checked as the reason for most companies. In the meantime, the Federal Reserve is not completely sold in the revolutionary prospects of AI, which argues that it is a revolutionary invention such as the electrical dynamo, but may be a one -time boost for productivity. Like the light bulb.
In his part, Z seems to long for more human connection. Starbucks recently shortened known Sunset would be viewed with the only mobile places that are viewed for gene Z, and the desire for “smooth” experiences in favor of a renewed emphasis on a renewed emphasis on hospitality and the connection between people to people. The generation has recently weathered criticism that they lack social skills that are necessary for success with the stereotype “Gen z Stare“In the center of the conversation.conscious experienceRegardless of the same historical speed as any other generation that becomes managers, the AI is despite a different generation.
Ultimately, Khosla’s message for the next generation is a relentless striving for learning and adaptability. In a world that is quickly redesigned by the AI, the ability to continuously reinvent itself and use new knowledge can be the ultimate distinguishing feature of survival and success. After all, the human ability to learn new things is endless.
For this story, Assets Used generative AI to help with a first draft. An editor checked the accuracy of the information before publication.