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Ian Verrender

πŸ‘€ Speaker
1817 total appearances
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Appearances Over Time

Podcast Appearances

ABC Business Daily
Is AI going to 'eat your lunch'?

So it's the cost of transporting and actually refining the oil, which is soared in price as well, is adding to those pressures.

ABC Business Daily
Is AI going to 'eat your lunch'?

Well, it's quite incredible that it's just slipped right off the radar.

ABC Business Daily
Is AI going to 'eat your lunch'?

No one is even looking at it anymore.

ABC Business Daily
Is AI going to 'eat your lunch'?

Well, it's just proceeding at pace.

ABC Business Daily
Is AI going to 'eat your lunch'?

There was an interesting article out over the weekend from Stanford University from a

ABC Business Daily
Is AI going to 'eat your lunch'?

from a fellow who's been researching artificial intelligence and technology for forever, it seems, Erik Brynjolfsson.

ABC Business Daily
Is AI going to 'eat your lunch'?

I'm pretty sure that's how you pronounce his name.

ABC Business Daily
Is AI going to 'eat your lunch'?

And look, he's made the point that

ABC Business Daily
Is AI going to 'eat your lunch'?

we're not really considering what the longer term impact of artificial intelligence will be, particularly on the workforce.

ABC Business Daily
Is AI going to 'eat your lunch'?

And his research essentially shows, because what he's done is he's looked through the payrolls, thousands upon thousands of payrolls in American companies.

ABC Business Daily
Is AI going to 'eat your lunch'?

And what he's saying is that it's already starting to impact younger workers.

ABC Business Daily
Is AI going to 'eat your lunch'?

So 16% of younger workers are

ABC Business Daily
Is AI going to 'eat your lunch'?

are having trouble getting a job.

ABC Business Daily
Is AI going to 'eat your lunch'?

And we're talking about highly skilled workers here.

ABC Business Daily
Is AI going to 'eat your lunch'?

And if they're involved in any way in software development, it's 20% of younger workers.

ABC Business Daily
Is AI going to 'eat your lunch'?

So what is happening is, you've seen it, you can see it in law firms, all sorts of professions.

ABC Business Daily
Is AI going to 'eat your lunch'?

Nobody wants to hire the entry-level graduates anymore to do the grunt work that, you know, the partners, the senior partners used to do to learn the ropes.

ABC Business Daily
Is AI going to 'eat your lunch'?

They've done their degree.

ABC Business Daily
Is AI going to 'eat your lunch'?

They've done all the postgraduate, you know, courses that they needed to do.

ABC Business Daily
Is AI going to 'eat your lunch'?

Then you go into the workforce, the real workforce, and you get told, well, you make the coffees, you do everything, and then you can do this.