Google CEO SHOCKS Everyone " We MUST Prepare NOW!" NEW AI Prediction

So the CEO of Google's AI team just said something that actually did shock me, and it shocked me so much that I'd literally had to take around two days off from uploading because I think the monumental scale of change coming is one that most people haven't grappled with yet. So let's take a look at what he said and why this is so shocking, and then I'll dive deeper into the video.

I actually don't think they fully understand the monumentalness of what is being built. AI designed drugs and cures for really terrible diseases. We're only just a few years away from that. The energy becomes free or cheap, right? And then suddenly the nature of money even changes. We don't want to have to wait to the eve before AGI happens and go, you know what, maybe we should have thought about this a bit harder. Okay, no, we should be preparing for that now.

You can see there, it was a pretty fascinating statement. He said, we should be preparing now and we shouldn't wait until the eve of AGI to get things done. And it was a really, really interesting statement because the level of change coming is one that is actually shocking. Like, actually shocking. And throughout this video, I'm going to be raising several points and concerns, which are things that I think you all should be thinking about and stuff that you should know. So essentially this video is going to be taking a deep dive into the term post labor economics. And to my knowledge, the only person that I've seen really cover this on YouTube is David Shapiro, which is someone else that does AI videos. But I think it's a rather interesting debate concept because it is something that we will be living in because fairly, fairly soon. And essentially, post labor economics is just the fact that right now, society and the economy is, you know, going around based on human labor. But what happens in a post AGI society when AGI is the dominant force that does the majority of the work and the majority of the intelligence, we move to post labor economics, which is just after that. So it's after the labor, we're on a very, very different timescale. So the thing is, is that this is happening, okay? This is something that if you aren't paying attention, you aren't going to realize that this is coming. Now, these are just the first three links I clicked on a website that hosts. It actually just hosts like every single, you know, instance of AI being replacing someone's job. And it's essentially a website that shows you how quickly this technology is going to be impacting the world. And you know, I've looked at several different studies and we're just going to take a look at these. But you can see IBM supports hiring in a plan to replace 7,800 jobs with AI. Bloomberg reports you Klarna says it's going to lay off 700 people after the AI can do the work of 700 agents. Duolingo has cut about 10% of its contractors as part of a shift towards heavier reliance on artificial intelligence. And this is just recently, okay, and this is going to get worse because the thing is, technology gets better. It means it becomes more usable, it becomes more efficient, and it also becomes cheaper to use, which means it becomes more economically viable for these companies to use. And the point I'm trying to make here guys, is that this is something that is coming. What we are seeing now is just the first instances of these companies coming around. There are some companies that likely just are stuck in their old ways, probably don't want to use the technology. And eventually they will come around because what happens with time is that the companies that use AI compared to the companies that don't use AI will be far more productive, probably two to three times more productive. And over time those companies are just going to lose because it's capitalism, it's competition, and if you don't evolve, you will die. And the more efficient companies over the long term do win. So it is something that is going to happen and it's something that is inevitable. Which means, okay, we have to talk about what society is going to be like, because like he said, okay, this is something that people are not prepared for and society is just simply not prepared for. Now essentially, one thing that continually, is continually discussed and something that I do see quite a lot discussed is of course, the concept of universal basic income. Now universal basic income proposes that the government give every adult citizen a set amount of money on a regular basis, typically without conditions related to wealth or employment. And the aims of such a system includes reducing poverty and helping individuals meet basic needs. Now this is something that, you know, it's been done before in certain experiments, but many people are stating that if we move to a post labor society and we need, you know, we're in post labor economics or whatever, universal basic income is going to be something that is necessary because many humans won't be able to provide wealth for themselves due to the loss of, I guess you could say upward social mobility and due to the loss of value, because not only if robots are a thing, you know, are people going to lose their physical Standing in terms of what they're able to do with their bodies, in terms, terms of efficiency. But you know, the intelligence that many people do have is quickly being eroded as AI agents. And all of these, you know, smart, smart AI systems become more and more efficient than some people that we do know. So this is likely going to be something that does affect everyone and it is going to be fascinating on how this technology truly will evolve because it's something that is just really, really vast on the spectrum. Like many people would think that, you know, AI artists were going to be affected last. AI artists were effect first. You know, people would think that okay, AI is just going to be affecting, you know, some of the really terrible automatable jobs which, seeing that AI is affecting a lot of the white collar work. So it's something that, you know, this singularity that we're, you know, coming across is something that we really don't know and cannot predict effectively. And you know, if you were to go back, like I said, you'd be thinking, ah, you know, artists are going to be last. You know, pick a career in art, that's going to be good. But we've seen that, you know, those predictions that we think are so right can often be so wrong. Now there have been some studies on universal basic income and I think these studies are really important because they do highlight the effects of universal basic income. For example, you can see that full time employment among recipients rose and their physical health and emotional health also improved. So basically, if you didn't know, for most people their main source of mental health issues is worry. And I remember reading a study quite a while back that people who have properties that pay for their lifestyle, people essentially who have rental income have 83% less depression, 83% less stress. It's all something insane. But the point is, is that having a universal basic income improves people's mental health by a significant amount. And there were some also statistics here that I think are really, really important as well. And you can see that there was an experiment in Finland and it said in the Finnish experiment, people on the basic income reported a large and statistically significant improvement in key drivers of well being, the importance of impact of four wellbeing factors. So you can see mental health, that's where it had the most impact. And of course the other ones here, like employment and trust, it didn't really matter. So the point is, is that this is something that will likely need to be done, okay? Because it is something that is going to happen regardless. Okay? Job losses are going to happen. And the problem with AI is that it's not like it's a dynamic thing where jobs are being new jobs are spurring up. But I think that with AI, even if AI is something that will take 100 jobs and then replace and then maybe 20 jobs come up. Do you know what I mean? It's not a one to one scenario like before when we had the Industrial Revolution. This is something that is fundamentally a labor replacing tool, as said by some other former Google boss as well. So essentially you can see right here as well that you might be thinking, okay, so there's going to be a ubi, but how on earth do we pay for the ubi? Because it is something that we need to talk about. So this is an article about Sam Altman. This is an article from Business Insider. It's rather important. It states that Silicon Valley leaders think AI will one day fund free cash handouts, but experts aren't convinced. So essentially it was covering Sam Altman's blog post where he stated that in a little as 10 years, AI could generate enough wealth to pay every adult in the United States $13,500 a year. OpenAI CEO Sam Altman said in a 2,933 word piece called Moore's Law for Everything. But critics are concerned that Altman's views could cause more harm than good and that he's misleading the public on where AI is headed. Now you can dive a little bit more into this article. You can see that one of the crazy things about this article was what Sam Altman actually said. You can see that he actually said that artificial intelligence companies could become so powerful and wealthy that they're able to provide a universal basic income to every man, woman and child on earth. Okay? He said that's how some in the AI community have interpreted the lengthy blog post and as of this last 10 years, yada yada yada. But the crazy statement from this was that he said, my work at OpenAI reminds me every day about the magnitude of the socioeconomic change that is coming sooner than most people believe. You got that right, guys. Magnitude of socioeconomic change that is coming sooner than most people believe. So that is something, you know, pretty insane. And he also said here, but I didn't highlight this. He says software that can think and learn will do more and more of the work that people do right now. And this is something that he said quite some time ago. And we can see that we've evolved, you know, we've upgraded, you know, quite a lot since then. So you can imagine what the next 10 years are going to look like if we factor in exponential change. Now, of course there is going to be, you know, something that, you know, Sam Altman did talk about, which is of course iterative deployment because the world is necessarily essentially ready. Sam Altman, of course, and I've brought this up previous times, but this is just to show you guys that like, you know, whilst they probably do have, you know, future systems like GPT5 and whatever, they're not going to be deploying them anytime soon. In fact, they might just deploy GPT5 soon. But the point is that they're not going to deploy every system as they get them because the world literally isn't ready. And he said it's the only safe path and the only way for people, society and institutions to have time to update and internalize what this all means. And I believe that that's very true. I've covered this in another video before. I'm not going to cover all of that stuff again. But, but the point is, is that, look, okay, if UBI is something that is going to be needed, which is, you know, Universal Basic Income, something that people talked about quite a bit before, how is that going to be funded? So there was this, okay, which is essentially taxing the capital and it says one of the main thrusts of the SA is to call a tax capital. This is from a different, this is from a different article and it says that's where the UBI money would come from. We could do something called the American Equity Fund. The American Equity Fund would be capitalized by taxing companies above certain valuations, 2.5 of their market value each year, year payable in shares transferred to the fund. And by taxing 2.5% the value of all privately held land payable in dollars. He said all citizens over 18 would be getting an annual distribution. And basically what he's saying is that every citizen would therefore increasingly partake of the freedoms, powers, autonomies and opportunities that comes with economic self determination. Poverty would be greatly reduced and many people would have a shot at the life they want. The point here is that essentially because all of these AI companies are going to be making ridiculous profits. What some people are suggesting. Well, you know, there was a paper and I've covered this once, I think before, but essentially this paper it covers, and I'm going to show you guys right here, this paper called the Windfall Clause, essentially I think is probably one of the best scenarios. But I don't know how on earth we're going to get people to agree to this. But essentially it says here, okay, so if the third is that if companies themselves decide to donate a large share of their profits. This was the key proposal of a landmark 2020 paper called the Windfall Clause released by the center for Governance of AI in Oxford. And the six authors notably include a number of figures who are senior government officials at leading labs. And the idea is simple. The clause is a voluntary but binding commitment that AI firms could make to donate a set percentage of their profits in excess of a certain threshold to a charitable entity. And they suggest that the thresholds be based on profits as a share of the world's gross world products or essentially the world's entire economic output. The point is that if these companies are going to be making so much money, okay, the point is, is that like if everyone's going to be unemployed and these companies are able to be so efficient where you only need three people to do the work of like 300, they're going to say, like, look, okay, if you're making that much money off your software, whatever, there's going to be a certain tax and because of your company's making like, let's say making like $10 billion in profit every single quarter that is going to be taxed because of AI. And then that taxed money is going to get redistributed to those in those positions. And essentially you can see right here, properly enacted, the Windfall clause could address several potential problems with AI driven economic growth. The distribution of profits could compensate those rendered faultlessly unemployed the due to advances in technology and mitigate potential increases inequality and smooth the economic transition for the most runnable. It provides AI labs with a credible, tangible mechanisms to demonstrate their commitment to pursuing advanced AI for the common global good. And finally, it provides a concrete suggestion that may stimulate other proposals and discussions about how best to mitigate AI driven disruption. Point here being I think this is something that is likely to happen, but you know, with policies and with the law and how slow everything is with all the agreements and just, you know, the kind of system is, I mean, it's really hard to get people to agree on anything. So I have no idea how this is going to work. But the point is, is that we are moving into an area where, you know, companies are going to get more and more efficient, they're going to get more and more streamlined. And the problem is, is that think about like this, okay, if you're a normal person, okay, you have a normal job, a normal career, you know, you might not lose your job. But for those of you that are going to be in the basket, that do okay getting rehired, especially if you're like 40 or something like that, you know, retraining, all that stuff is going to be pretty, pretty hard. You're going to be in a pretty precarious situation. The point is, is that where do those people in society go? And essentially the windfall clause is there for that. And I think it's going to be important because in the future, I'm not sure how we're going to deal with an excess part of the population that just doesn't have work because there are just simply not enough jobs to go around, or maybe due to certain socioeconomic factors, they're unable to. So another thing that people do need to think about as well is the loss of meaning. And that was something that was covered in another video. And essentially this post from here, from Reddit, is a very, very important one. And it says the Everfield, why am I doing this when this will be obsolete when AGI hits? He says, I don't think people realize when AGI hits, not only will this usher into a jobless society, but also the mere concept of being useful to another human will end. Now this post is a little bit more on the doomer side, but it does have a good point. It says the concept is so integral to human society now that if you're bored with your job and you want another venture and most of your options have something to do with that concept somehow learn a new language. What's the point if we have perfect translators? Write a novel. What's the point if nobody's going to read it since they can get better ones by machines? Learn about a new scientific field. What's the point if no one's going to ask you about it? Ever felt that what's the point will be obsolete with anything that you will do? Now this is a good point, and of course there are caveats to this argument. But the point is, is that if machines are absolutely better than humans at absolutely everything, okay, some people are going to be asking, what is the point? Now you could say that, look, okay, people will always find things to do. Jobs don't need to exist for people to achieve things. But you know, people play sports, they play competitive games, they play chess, they sell puzzles. You know, But I do think that it is an important issue because a lot of people are thinking, what is the point of me doing this? Like, I've seen a lot of people recently, you know, who are coding and saying like, look, we know they're working on some crazy coding systems. There was a recent breakthrough in some coding startup. People are investing hundreds of millions of dollars into it. Some people like, look, I'm working on something, I'm coding on something. And like, what is the even point? Like in the back of their head they are thinking, what is the point if I know this is going to be obsolete? And essentially there's this loss of purpose that many humans are going to have to deal with when their entire field becomes obsolete. And I think that is something that we also need to deal with as well. Because like, you know, Demis Hasabit said, society literally isn't ready. So I do hope the transition is smooth. Like I said before, you know, with Sam Altman stating that, you know, he's going to do iterative deployment with the systems, it does make sense. But I think the loss of meaning is also something that people will have to grapple with. And it definitely was something that I did grapple with for a couple of days when, you know, reality did set in because, you know, a lot of people lose their identity because essentially think about it this, if you've always been an intellectual and then machines are suddenly smarter than you and absolutely everything you do, you know, what are you anymore? That's, you know, a real, I guess you could say a loss of identity because, you know, being smart is no longer who you are. Because if some machines are so much smarter than you, you know, it's pretty hard. Like if you're a. And then all of a sudden every writing job that you had previously is just taken by ChatGPT, it's going to be a crushing self sense worth because something exists now that can completely do what you do way quicker, way easier and way cheaper. So that is something that people will have to grapple with now. One of the things I think most people don't realize, and I think even some people in the comments, is that we're moving at a rate that once AGI is here, that's when the real trouble will set in. And I think that most people aren't ready for this scenario. And, and the video isn't about generative AI tools. Whilst those are crazy, this post here kind of does talk about it. And AGI is the point at which things do change. That's the point like where the singularity kind of does happen, where, you know, we jump off into that cliff of the unknown unknown and things do become crazy. And I don't think AGI is that far away. So it's actually pretty concerning to think about because someone also commented about this and this was a really, really interesting thing because I don't have an answer for this. I've even looked at podcasts, okay? Intellectual, you can provide the value to make money, acquire resources and improve your family's life. But that's going to be gone. If you want to get an intellectual job, there's going to be none. If you want to start a business, what can you provide? The AGI can't. If you're thinking a physical labor business, you can bet your bottom dollar that 100 million other people will be competing to do the exact same thing. In the long term, all value to society will be provided by self learning mobile robots capable of providing all physical and intellectual labor infinitely better than anything you could possible do. And think about like this, okay? The point this post here is trying to make, I'm going to read the entire thing, okay, is that like, think about it from this standpoint. Let's imagine a world where AGI is here, okay? And it's virtuoso AGI, which means it's better than 99.9% of humans at everything. Which means, okay, anything that can be done in the physical realm by a human robot is here and can be done. And anything that can be done on a computer is going to be done 10 times faster for 24 hours. Okay, think about like this for your coding, the aging code, you know, with 100 accuracy and it can code 24 hours a day. So you're completely out of a job. And if you were doing something like plumbing or something like that, they have robots that are just completely agile. The Boston Dynamics robot, they dropped a new one and it's cheap and it's fast and it's there. Okay, think about like this, okay? The point is, if that is society, okay, how on earth do you have be socially mobile? Like, how do you move upwards in society? Usually you get a job, you know, you make money, you save money, you invest, and then you can do better for yourself. But the point is, is that, you know, how on earth are you supposed to move up? And it says, you know, how does that work? And someone did post the interesting question. It says not just the absence of upward mobility, but the absence of hope for upward mobility. This is going to crush people's psyches. And this video isn't a doom and gloom video. This video is not to be like, look, the end is near, the end is near. I think the future is definitely going to be exciting because one of the Things that Demis Hassabis actually talked about was he said that the nature of society is going to change so much that maybe some of these issues won't be issues because with all the scientific breakthroughs coming through, maybe robots are just going to be doing everything, maybe the entire society just changes. I have no idea. The point is that there are so many different questions and once AGI gets here, it really is a singularity because this is a true concern. And of course there's just a lot that is going on now. Of course the nature of money is going to change as well. And I think that is something that we also need to prepare for because I think as well the tokenization of assets is going to come into it. And I always thought that crypto was pretty useless until I really did research about this. And essentially digital asset tokenization is just a process whereby ownership or rights of an asset are represented as tokens and stored on a blockchain. And the point, point, why I'm bringing up tokenization where you can have fractional ownership is because in the future binance is definitely going to change. And tokenization is probably going to be one of those ways which is going to be interesting as well, because essentially if we have this AI world where AI is going to be powering the blockchain, I'm guessing due to the nature of these intelligences, it's likely that the value of money is going to change because not only is capitalism going to fundamentally change, but there's also going to potentially be ubi. So the kind of system that we're operating right now is going to change completely. And also people are stating that, you know, a land ownership may change, which is why tokenization is going to be there. There's just a whole realm of possibilities that we really aren't thinking of. Now I do want to also state that, you know, is it all doom and gloom? No, of course it's not all doom and gloom. You know, of course the future isn't horrible. There's going to be some major great things, you know, like for example, you know, the medical improvements, the, you know, improvements to education, being able to get a personalized tutor so you can understand the world and those kind of things. I think those are really important and those are the things that people should really be excited about and really be pushing for, like the health breakthroughs that are going to come from AGI type systems. And of course I do hope that in the future maybe there's some kind of AI system that's able to give you a personalized health report immediately rather than having to wait for appointments for a doctor. Because we've seen with previous research that this is something that is really, really effective. Like Google's AMY system that was able to outperform clinicians. So I think that in the future those kind of things are going to be really, really cool. And of course the ability to create whatever you want. And with these generative AI systems or with these AI agents, you're going to be able to do a lot of things that you weren't able to do before, which means you can also create economic value for yourself if you're able to think creatively and pull things together. Now, of course, you could argue that AGI could just do that instead. It could create a company instead. But at the end of the day, there's always going to be industries that are going to be non affected. For example, healthcare professionals. People don't want a robot rubbing on their legs. I don't know about you guys, I'm not trying to insinuate anything weird, but I just know that if I am in a situation where I need recovery or rehab, I'm always going to want a human there. And of course teachers and educators are always going to want to be human. For example, counselors and therapists, people helping you to grapple with the situation. I do think that certain people in lawyers, judges, certain people in politics will still remain in their roles, of course. Social workers, community organizers, entrepreneurs, innovators, personal service providers. There are still many industries in which people are still going to thrive. For example, the entertainment industry is still one that's still going to thrive, although it might change due to Hollywood and stuff like that. But I still think, you know, the sports and stuff like that is still going to be there. But the point is, is that, you know, it's not all doom and gloom. But I do think that, you know, we need to move quicker and as quickly as we are in terms of AI development. And since it was something that I was thinking about the fact that, you know, I was watching a podcast and then that guy was saying that stuff, you know, Demis Hassabis, I just thought that, you know, I might as well give you guys this video because it is something that we aren't prepared for currently. And I think, you know, OpenAI have realized that and they were like, look, society just isn't ready for, you know, if we drop this next level system, you know, the masses of job losses, the, you know, the ability for people to comprehend how good these systems are and if you've watched my videos previously you'll know that with the SORA release they literally said look you guys aren't ready for what we have in store. So we kind of released SORA to show you what is capable and I think that goes to show us that you know these governments that are in charge really need to you know buckle up because the amount of economic change that's going to happen we really need to make sure that society has a smooth transition into whatever new economic system we are going to implement. So with that being said what do you guys think about society? Do you think job losses aren't going to be there? Do you think, you know, it's just something that is transitional and which just you know instead of replacing people people are just going to transition from one industry to another. Do you think UBI stay up to date with the stuff and that way you can at least provide yourself the best.