The article posits that AI will not cause unemployment because it is essentially ‘illegal’ in most sectors of the economy due to heavy regulation and barriers to technological innovation, a trend that is expected to increase over time.
What has been the trend with new technology and unemployment fears over the years?
A) Technology always leads to unemployment.
B) Technology fears lead to a decrease in jobs.
C) Fears of technology replacing jobs have been consistent, despite a rise in jobs and wages.
D) Technology has eliminated all fears of unemployment.
What is the primary reason given in the article for AI not leading to widespread unemployment?
A) AI technology is not advanced enough to replace human jobs.
B) Most sectors of the economy have heavy regulation and barriers to technological innovation, making AI ‘illegal’.
C) The economy is moving towards a completely human-centric model.
D) AI is too expensive to implement on a large scale.
According to the article, what is the trend observed in sectors where technological innovation is allowed versus not allowed?
A) Both types of sectors are growing at the same rate.
B) Sectors where innovation is allowed are growing, while those where it’s not allowed are shrinking.
C) Sectors where innovation is not allowed are growing as a percentage of GDP, while those where it’s allowed are shrinking.
D) There is no clear trend between these types of sectors.
Bottom Line:
Marketers should be aware that while AI may be a significant trend in some sectors, its application and impact could be limited in heavily regulated sectors. This could affect decisions about where to invest resources in AI-related initiatives.
Answers to the multiple-choice questions:
C
B
C
Article Title & Link:
“Why AI Won’t Cause Unemployment” by Marc Andreessen
https://pmarca.substack.com/p/why-ai-wont-cause-unemployment