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Young individuals entering college are faced with a dilemma in today's world. With the looming threat of artificial intelligence disrupting various industries, they often wonder how to ensure that the knowledge they acquire will remain relevant in the face of rapid advancements. Vinod Khosla, a billionaire investor from Silicon Valley and an early supporter of OpenAI, understands this concern well. During the WSJ Live Tech conference, Khosla emphasized the importance of obtaining a broad education to adapt to the uncertain future. Drawing from his own experience studying electrical engineering in India many years ago, Khosla acknowledges that much of his acquired knowledge is now obsolete. He predicts that the pace of obsolescence will escalate significantly, as he foresees AI rendering around 80% of the current job market irrelevant within the next decade, including highly specialized fields like accounting and medicine.
Khosla offers the example of oncologists who are likely to be replaced by highly advanced machines with extensive knowledge and fewer errors. Reflecting on history, Khosla reminds us that transformative technological advances have always reshaped the labor market. He points to the decline in agricultural employment from 70% to 4% in the US after the 19th century. In light of these developments, Khosla advises young individuals to embrace a multidisciplinary approach during their college years, as it will equip them with versatility in adapting to a rapidly changing society. Furthermore, he offers reassurance to those concerned about job obsolescence by suggesting that AI's growth will enable countries to experience substantial economic progress, potentially making employment optional.
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