logo
Perplexity's CEO says you should spend less time doom-scrolling and more time using AI

Perplexity's CEO says you should spend less time doom-scrolling and more time using AI

It's time to ditch social media's infinite scrolling in favor of a better hobby, said Perplexity's CEO.
"Spend less time doom-scrolling on Instagram, spend more time using AI," Aravind Srinivas said on a podcast episode by Matthew Berman published Friday.
"Not because we want your usage, but simply because that's your way to add value to the new society," he added.
Srinivas, whose company is positioning itself as an AI-native alternative to Google, said those who master AI tools will have the edge in the job market.
"People who are at the frontier of using AI are going to be way more employable than people who are not," he said. "That's guaranteed to happen."
But most people are struggling to keep up with AI, Srinivas said.
"The human race has never been extremely fast at adapting," he said. "This is truly testing the limits in terms of how fast we can adapt, especially with a piece of technology that's evolving every three months or six months."
"It does take a toll on people, and maybe they just give up," he added.
The CEO said some people will lose their jobs because they can't keep up. As AI shrinks headcounts across industries, Srinivas said new jobs have to come from entrepreneurs.
"Either the other people who lose jobs end up starting companies themselves and make use of AI, or they end up learning the AI and contribute to new companies," he added.
Srinivas and Perplexity did not respond to a request for comment from Business Insider.
Tech leaders have been sounding the alarm about how AI is reshaping the workforce.
Anthropic's CEO, Dario Amodei, predicted that AI could eliminate 50% of white-collar entry-level jobs within five years.
In May, he told Axios that AI companies and the government are "sugarcoating" the risks of mass job elimination in fields including technology, finance, law, and consulting, adding, "I don't think this is on people's radar."
Geoffrey Hinton, the so-called "Godfather of AI," echoed similar concerns, telling the Diary of a CEO podcast last month: "For mundane intellectual labor, AI is just going to replace everybody."
He said he'd be "terrified" to work in a call center or as a paralegal, and recommended becoming a plumber — a job he sees as safer from automation for now.
Others take a more optimistic view.
Nvidia's CEO, Jensen Huang, said AI won't kill jobs, but it will transform how every job is done.
"I am certain 100% of everybody's jobs will be changed," he told CNN's Fareed Zakaria on Sunday. "The work that we do in our jobs will be changed. The work will change. But it's very likely — my job has already changed."
"Some jobs will be lost. Many jobs would be created. And what I hope is that the productivity gains that we see in all the industries will lift society," he added.
Demis Hassabis, the cofounder of Google DeepMind, said in June that AI would create "very valuable jobs" and "supercharge sort of technically savvy people who are at the forefront of using these technologies."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

AI in Africa to Top $16.5B by 2030: Mastercard Explores Path for Continued Digital Transformation
AI in Africa to Top $16.5B by 2030: Mastercard Explores Path for Continued Digital Transformation

Yahoo

time14 minutes ago

  • Yahoo

AI in Africa to Top $16.5B by 2030: Mastercard Explores Path for Continued Digital Transformation

Key insights from Kenya, South Africa, Nigeria and Morocco demonstrate AI's potential to drive financial inclusion, job creation and innovation. Up to 230 million digital jobs projected in Sub-Saharan Africa by 2030 – but infrastructure, regulation and local talent remain critical gaps. NAIROBI, Kenya, August 06, 2025--(BUSINESS WIRE)--Mastercard has today released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent's readiness, opportunity and roadmap for responsible artificial intelligence (AI) adoption. The whitepaper provides detailed insights into how AI—if deployed responsibly and inclusively—can unlock transformative outcomes across the continent's major industries, including agriculture, healthcare, education, energy and finance. With Africa's AI market projected to grow from USD 4.5 billion in 2025 to USD 16.5 billion by 2030 according to a recent report from Statista, the paper presents a clear case for multi-stakeholder collaboration and investment. It highlights how Africa's unique demographics, mobile-first infrastructure and entrepreneurial spirit position it as an active architect of the future. Mark Elliott, division president, Africa at Mastercard, commented: "Africa's engagement with AI is already reshaping lives — not just in labs, but in farms, clinics and classrooms. To unlock its full potential, we need investment in infrastructure, data, talent, and policy. At Mastercard, we believe responsible, locally rooted AI can drive inclusive growth and connect more people to opportunity." The whitepaper outlines the potential positive impact of AI on digital infrastructure, policy and governance, research and development, local language processing and investment into Africa. It also explores how AI can accelerate job creation, with up to 230 million digital jobs projected by 2030, and increase access to formal finance through AI-enabled credit scoring and fraud prevention. Greg Ulrich, chief AI and data officer, Mastercard, said: "AI is only as powerful as the trust behind it. At Mastercard, we're committed to building AI that's responsible, inclusive, and built to bring value to our customers, partners and employees. This isn't just innovation—it's innovation with integrity." Regional highlights covered in the whitepaper include: South Africa: South Africa attracted USD 610 million in AI-focused venture capital in 2023, with total AI investment expected to reach USD 3.7 billion by 2030. With the highest data and infrastructure readiness in Africa, the country is solidifying its role as a continental leader in AI research and application. It is home to the Artificial Intelligence Institute of South Africa which serves as a gateway for students and professionals to access world-class education, research and industry news. National plans aim to develop up to 300 AI start-ups and train 5,000 AI professionals by 2030, creating the foundation for a vibrant, homegrown AI ecosystem. Kenya: An emerging leader in AI innovation, Kenya has leveraged its "Silicon Savannah" status to securely deploy AI across sectors. Platforms like Tala use mobile data for credit scoring, while Jacaranda Health's UlizaLlama, an AI-powered chatbot, provides maternal health support in five local languages. The newly launched National AI Strategy (2025–2030) outlines the government's commitment to positioning Kenya as a regional leader in AI research and development, innovation and commercialization for socioeconomic development. Nigeria: Nigeria ranks second in the number of AI startups in Africa and secured USD 218 million in VC investment in 2023. As one of Africa's most dynamic AI ecosystems, Nigeria is using AI to personalize learning (Rising Academies), deliver microfinance via and strengthen governance with AI tools that monitor public fund allocation. With a $1.4 billion projected AI market size by 2025, the government's proactive approach, combined with growing private-sector innovation, suggests promising growth in AI applications. Morocco: An emerging AI hub in North Africa, Morocco is advancing AI adoption across healthcare, energy, agriculture, and finance. Institutions such as Mohammed VI Polytechnic University and DeepEcho are driving local innovation, while the MoroccoAI Annual Conference is shaping national dialogue on the future of AI. Under its Digital 2030 strategy, Morocco aims to attract USD 1.1 billion in investment and create 240,000 digital jobs by 2030. Despite this progress, the whitepaper warns that data fragmentation, language exclusion and regulatory inconsistency could deepen the digital divide. Harnessing the potential of AI in Africa will be instrumental in accelerating financial inclusion and driving the continent's digital and economic growth. Strategic collaborations between governments, fintechs, and global partners will be key to unlocking AI's full impact. Mastercard's whitepaper draws on insights from leading African technologists, policymakers, academics and entrepreneurs, including interviews with UNESCO, the African Center for Economic Transformation, and fintech leaders across the region. To download the full whitepaper, click Editor's Note 'Harnessing the transformative power of AI in Africa' has been written by White Paper Media Consulting (WPM) in partnership with the Mastercard EEMEA team. The findings and outcomes presented in this paper are based on interviews of various key stakeholders named in the report. These were put into perspective with contextual research by WPM. Markets covered include Kenya, Morocco, Nigeria and South Africa. Infographic and report design is by WPM. About Mastercard Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. *Source: AETOSWire View source version on Contacts Kanyi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

How DeepSeek and Open-Source Models Are Shaking Up AI
How DeepSeek and Open-Source Models Are Shaking Up AI

Bloomberg

time14 minutes ago

  • Bloomberg

How DeepSeek and Open-Source Models Are Shaking Up AI

Tech companies and academics have long wrestled with the risks and rewards of building open-source software. But the frenzy around generative artificial intelligence has lent new significance to the debate. DeepSeek and other Chinese companies have pushed out a wave of low-cost, open source models that rival software from the top American AI developers. In response, OpenAI, a leading US AI company, has released a new open model, its first in six years. The Trump administration has called for more US tech companies to do the same.

‘The hustle factor is real': Why this fast-growing Seattle startup is packing its bags for Palo Alto
‘The hustle factor is real': Why this fast-growing Seattle startup is packing its bags for Palo Alto

Geek Wire

time15 minutes ago

  • Geek Wire

‘The hustle factor is real': Why this fast-growing Seattle startup is packing its bags for Palo Alto

GeekWire's startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter , and check out the GeekWire funding tracker and venture capital directory . Nectar Social co-founders and sisters Misbah Uraizee (left) and Farah Uraizee. (Nectar Social Photo) Misbah Uraizee and Farah Uraizee want to win. And they believe their best shot at success lies in Silicon Valley, not Seattle. The co-founders of Nectar Social, fresh off a $10.6 million funding round, are moving their AI-powered social commerce startup down to Palo Alto, Calif. The decision came down to three main factors: proximity to customers and early adopters, co-locating employees, and accessing specialized talent. 'This wasn't about leaving Seattle — it was about giving Nectar the best possible chance to define a new category,' Misbah Uraziee told GeekWire. 'Sometimes that means being where the game is being played at the highest level.​​​​​​​​​​​​​​​​' Speed was also a consideration. 'The hustle factor is real,' Misbah said via email. 'Right now in the Valley, teams are working six, seven days a week because they understand this is a unique moment in technology history. That intensity — that sense of 'we have to win this market NOW' — is harder to cultivate in Seattle where the pace, even at startups, tends to mirror the steadier rhythms of the big tech companies.' Nectar's departure echoes themes highlighted in our story last week about the state of Seattle's startup scene amid a wave of AI-fueled transformation. The presence of tech giants like Amazon and Microsoft — along with Meta, Google, and others with large engineering centers in the Seattle region — has helped attract world-class talent. Misbah previously worked at Microsoft, Meta, and X in the Seattle area before launching Nectar Social in 2023. Farah spent nearly five years at Meta in Seattle. But that talent doesn't always translate into startup activity. Seattle's startup ecosystem has 'matured tremendously,' Misbah said, but she pointed to a 'cultural gap around early-stage risk appetite.' 'The talent pool — particularly from Amazon and Microsoft — tends to gravitate toward later stage companies with more predictable trajectories,' she said. 'For a seed/Series A company doing something new especially in social, the talent pool isn't it large as you'd expect.' Nectar is building AI tools to help brands engage consumers on social media through personalized, direct conversations. Revenue has grown 5X in the past two months, according to the company. Uraizee said Seattle excels in cloud infrastructure and AI research, but the Valley offers stronger depth in go-to-market functions, product marketing, and design — especially from people who've shipped AI products at scale. Asked what she'd add to the Seattle startup scene, Misbah said the city would benefit from celebrating risk-taking and more diversity within the investor ecosystem. Nectar raised from one Seattle firm, Flying Fish, but other backers are in Silicon Valley or elsewhere. 'Seattle VCs tend to pattern-match on enterprise SaaS and biotech,' Misbah said. She also called for more support infrastructure for early stage startups — such as shared spaces, angel investors, and advisory networks. 'Most importantly, Seattle needs to embrace the idea that some companies need to operate at Valley-speed to win their markets,' she said. 'That's not a judgment on work-life balance — it's recognition that certain opportunities have expiration dates. If the ecosystem could support both sustainable growth companies AND these sprint-mode ventures, more founders would stay.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store