News Updates

Can AI Replace Those Retiring Boomers

by Peter Zeihan on July 31, 2024

*This video was recorded in mid-July, prior to Peter departing on his backpacking trip.

As the baby boomers age into retirement and Gen Z fails to satisfy the gaping hole left in the labor market, will artificial intelligence be able to help mitigate some of the fallout?

AI has solidified its spot in the labor mix of the future, but “when?” and “how?” are the looming questions. Producing AI-capable chips remains highly complex and reliant upon a web of critical international suppliers. Until that supply chain is slimmed down and fail-safes are added, production disruptions will continue to be a huge factor in limiting the AI buildout.

On the other front, the nature of AI lends itself to better take on white-collar work. Most people picture AI taking care of the manual and mundane tasks no one wants, but it is better suited to a lifestyle “in the office”. So, the places we need the help most, like blue-collar jobs, won’t get much help on the AI front.

AI’s transformative effect is coming, but it won’t occur as quickly as many expect. Think in the 40s rather than the 20s. When it does arrive, the productivity in white-collar jobs will skyrocket, but fields that really need some extra hands (or hand effectors or whatever you call robots’ metaphorical gripping mechanisms) will still be scrambling to navigate the labor shortages.

Please click below to watch today’s video

YouTube Video Link: https://youtu.be/BVVVySiZSFA

We appreciate the interest and engagement from our followers, but with Peter’s travel schedule and sheer volume of requests, we are unable to answer non-business-related questions via e-mail. Use the ‘Ask Peter’ page below for your video topics, ideas and burning questions…

Here at Zeihan On Geopolitics we select a single charity to sponsor. We have two criteria:

 

First, we look across the world and use our skill sets to identify where the needs are most acute. Second, we look for an institution with preexisting networks for both materials gathering and aid distribution. That way we know every cent of our donation is not simply going directly to where help is needed most, but our donations serve as a force multiplier for a system already in existence. Then we give what we can.

 

Today, our chosen charity is a group called Medshare, which provides emergency medical services to communities in need, with a very heavy emphasis on locations facing acute crises. Medshare operates right in the thick of it. Until future notice, every cent we earn from every book we sell in every format through every retailer is going to Medshare’s Ukraine fund.

 

And then there’s you.

 

Our newsletters and videologues are free and we will never share your contact information with anyone. All we ask is that if you find one of our releases in any way useful, that you make a donation to Medshare. Over one third of Ukraine’s pre-war population has either been forced from their homes, kidnapped and shipped to Russia, or is trying to survive in occupied lands. This is our way to help who we can. Please, join us.

follow me on socials

Categories: News Updates

Leave a Reply