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Larry Summers, Now an OpenAI Board Member, Thinks AI Could Replace 'Almost All' Forms of Labor
Former U.S. Treasury Secretary Larry Summers, now on the board of ChatGPT developer OpenAI, believes that while AI has the potential to revolutionize the economy, its impact will take time to materialize. However, Summers maintains that AI could be the biggest economic development since the Industri...
Former U.S. Treasury Secretary Larry Summers, now on the board of ChatGPT developer OpenAI, believes that while AI has the potential to revolutionize the economy, its impact will take time to materialize. However, Summers maintains that AI could be the biggest economic development since the Industrial Revolution, eventually replacing most forms of human labor, particularly cognitive tasks. From building homes to making medical diagnoses, Summers predicted that AI will eventually be able to do nearly every human job, particularly white collar workers' "cognitive labor."
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