Part 2/9:
During the conversations at WEF, one could not ignore the prevalent dichotomy surrounding AI. Roubini highlighted two contrasting perspectives.
The first posits that AI will complement existing jobs—transforming roles by replacing certain tasks while creating new opportunities. However, contrasting this optimistic view is a stark realization: AI may ultimately replace many jobs, with not enough new roles created to compensate for the losses.
Roubini's concern leans heavily towards the latter view, suggesting that the ongoing advancements could lead to significant job displacement across various sectors, including both white-collar and increasingly blue-collar jobs.