- Artificial intelligence is likely to disrupt the global workforceshows the search.
- Mark Cuban believes that the jobs affected will be those that require simple yes or no decisions.
- Cuban told BI that the impact on a company’s workforce will depend on how AI is implemented.
Billionaire Marc Cuban does not believe that artificial intelligence can wreak havoc white collar work.
In an interview published Thursday on “The Weekly Show with John Stewart,” Cuban said he believes rapid technological advances will not impact jobs that require workers to think.
“So if your job is to answer the question ‘yes or no’ all the time, AI is going to have an impact,” he said. “If your job requires you to think, AI won’t have much impact.”
Cuban, the CEO of Cost-plus drugsan online prescription service, said workers must supervise the AI and ensure that the data the models are trained on and the resulting results are correct.
“It requires intellectual ability. So someone who understands what the goal is, someone who has been doing this for years, needs to be able to give feedback on everything that the models collect and are trained on ” he said. “You don’t just assume the model knows everything. You want someone to check, write down their answers, and make corrections.”
Recent advances in AI have raised existential questions about the future of work.
THE World Economic Forum reported in 2023 that employers expected 44% of workers’ skills to be “disrupted” within five years, requiring a massive effort to reskill workers.
However, a McKinsey study found that AI won’t decimate white-collar jobs such as those of law or finance. Instead, AI can potentially improve these jobs in the long term by automating approximately 30% of total hours worked in the United States.
Cuban told Business Insider in an email that the impact of AI on any company’s workforce will be on a case-by-case basis.
“Every business is different,” he said. “But the most determining factor is the company’s ability to implement AI.”