Latest news with #DiaryofaCEO
Time of India
3 days ago
- Business
- Time of India
Ex-Google boss reveals how long we have to wait until AI's real benefits arrive. Warns of an unavoidable dystopia first
A Countdown to 2027: When the Storm Begins The Real Threat Isn't the Machines Why the Next 15 Years Could Be the Hardest in Human History A Utopia on the Other Side? A former top Google leader has sounded an unsettling alarm about the near future, predicting that artificial intelligence will plunge the world into a decade-and-a-half of turmoil before humanity can emerge into anything resembling a warning comes from Mo Gawdat , the former Chief Business Officer at Google X , who spoke candidly on the Diary of a CEO podcast. His forecast is anything but rosy — and it's not the robots themselves we should believes the tipping point is just around the corner.'We will have to prepare for a world that is very unfamiliar,' he told host Steven Bartlett. 'We are going to hit a short-term dystopia — there's no escaping that.'According to him, the shift will begin in 2027, with a rough 12–15 year stretch where the darker side of human behavior, amplified by AI, will dominate. While early signs could emerge as soon as next year, the full impact will hit when powerful AI tools become commonplace in the wrong to popular sci-fi fears, Gawdat does not envision AI 'taking over' in a sentient, hostile way. Instead, his concern lies in how people will use these powerful tools. He warns that the 'failing morality of humanity' will lead to a surge in scams, privacy violations, and manipulation at unprecedented of the most troubling side effects he predicts is a 'massive concentration of power' in the hands of a select few — echoing similar warnings from AI pioneer Geoffrey Hinton, who has raised alarms about widening inequality driven by AI's economic forecast paints a picture of societies struggling to adapt, where governance and ethical safeguards lag far behind technological such an environment, the potential for abuse skyrockets — from deepfake-driven disinformation campaigns to automated financial fraud, and from hyper-personalized propaganda to manipulation of democratic Gawdat's prediction is not entirely bleak. He sees this 'short-term dystopia' as a turbulent passage to what he calls a 'long-term utopia' — a world where AI fulfills its positive humanity can survive the next decade and a half of chaos, he suggests we might emerge into an era of abundance, efficiency, and unprecedented problem-solving optimists like Bill Gates share this latter vision, pointing to AI's potential to cut workloads, accelerate medical breakthroughs, and expand access to education. But as Gawdat warns, the path there will test our resilience, ethics, and adaptability like never before.
Economic Times
3 days ago
- Business
- Economic Times
Ex-Google boss reveals how long we have to wait until AI's real benefits arrive. Warns of an unavoidable dystopia first
A Countdown to 2027: When the Storm Begins The Real Threat Isn't the Machines Why the Next 15 Years Could Be the Hardest in Human History A Utopia on the Other Side? A former top Google leader has sounded an unsettling alarm about the near future, predicting that artificial intelligence will plunge the world into a decade-and-a-half of turmoil before humanity can emerge into anything resembling a warning comes from Mo Gawdat , the former Chief Business Officer at Google X , who spoke candidly on the Diary of a CEO podcast. His forecast is anything but rosy — and it's not the robots themselves we should believes the tipping point is just around the corner.'We will have to prepare for a world that is very unfamiliar,' he told host Steven Bartlett. 'We are going to hit a short-term dystopia — there's no escaping that.'According to him, the shift will begin in 2027, with a rough 12–15 year stretch where the darker side of human behavior, amplified by AI, will dominate. While early signs could emerge as soon as next year, the full impact will hit when powerful AI tools become commonplace in the wrong to popular sci-fi fears, Gawdat does not envision AI 'taking over' in a sentient, hostile way. Instead, his concern lies in how people will use these powerful tools. He warns that the 'failing morality of humanity' will lead to a surge in scams, privacy violations, and manipulation at unprecedented of the most troubling side effects he predicts is a 'massive concentration of power' in the hands of a select few — echoing similar warnings from AI pioneer Geoffrey Hinton, who has raised alarms about widening inequality driven by AI's economic forecast paints a picture of societies struggling to adapt, where governance and ethical safeguards lag far behind technological such an environment, the potential for abuse skyrockets — from deepfake-driven disinformation campaigns to automated financial fraud, and from hyper-personalized propaganda to manipulation of democratic Gawdat's prediction is not entirely bleak. He sees this 'short-term dystopia' as a turbulent passage to what he calls a 'long-term utopia' — a world where AI fulfills its positive humanity can survive the next decade and a half of chaos, he suggests we might emerge into an era of abundance, efficiency, and unprecedented problem-solving optimists like Bill Gates share this latter vision, pointing to AI's potential to cut workloads, accelerate medical breakthroughs, and expand access to education. But as Gawdat warns, the path there will test our resilience, ethics, and adaptability like never before.
News18
3 days ago
- Business
- News18
Former Google Executive Predicts AI Will Eliminate Jobs, Lead To Middle Class Collapse By 2027
Last Updated: Mo Gawdat, who served as Google's Chief Business Officer, highlights how AI-powered automation will eliminate various professional roles, including software engineers. TCS, Microsoft, Google, Amazon, and other leading companies worldwide have recently undergone significant layoffs. These companies have let go of thousands of employees, with some dismissing 12,000 and others 15,000 workers at once. The primary reason for these layoffs is attributed to the rise of AI, which can complete tasks in less time than humans typically need. Mo Gawdat, a former Google employee, has advised caution regarding Artificial Intelligence or AI. Mo Gawdat, in his podcast 'Diary of a CEO,' has made a dire prediction, warning that the period until 2027 will be particularly challenging. He believes AI will bring significant changes, potentially leading to the collapse of the middle class. 'Unless you're in the top 0.1%, you're a peasant. There is no middle class," he said. Previously, Mo Gawdat offered special advice to married youth on this podcast, recommending those who haven't planned for a baby to wait due to the impending job losses AI will cause. He now predicts that by 2027, even highly educated individuals may become unemployed, which could result in a new global class structure heavily impacting the current middle class. Mo Gawdat, who served as Google's Chief Business Officer, highlights how AI-powered automation will eliminate various professional roles, including software engineers, chief executives, and podcasters. He describes the beginning of 2027 as 'hell before we get to heaven.' His AI-enabled relationship start-up, operates with just three employees, whereas such a setup previously required at least 350 people. Gawdat explains that while industrialisation replaced manual labor in the past, AI automation now threatens the employment of educated individuals, leading to mental health issues and isolation. People may gradually lose their professional expertise. By 2040, a new world order focused on creativity, community, and spirituality will emerge. However, he stresses that governments should regulate universal basic income and AI-driven development. Earlier, a Microsoft research suggested that within the next five years, 80% of jobs across various sectors will be lost due to AI, which will replace human intelligence and manpower. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Daily Mirror
4 days ago
- Entertainment
- Daily Mirror
MrBeast's 'casual confession about his net worth has YouTube fans floored
Jimmy 'MrBeast' Donaldson is behind one of the most successful YouTube channel boasting more than 420 million subscribers. He also runs a host of businesses and charitable ventures YouTube star MrBeast made a 'casual' confession about his net worth which left many people amazed. The 27-year-old, whose real name is James Stephen 'Jimmy' Donaldson, is behind the most subscribed to channel on YouTube, boasting an online community of 420 million subscribers - a figure which continues to grow each day. The content creator is renowned for his quirky brand of charity and high production gameplay, which pulls in audiences all over the globe. His videos are often creative and elaborately planned, with quirky plots such as being 'trapped' inside a private jet for 100 days, or finding items to win cash prizes. His charitable endeavours are also incredibly prominent on his channel, with a recent video upload centring on his mission to provide clean water to millions of people. Much has been reported about his net worth, which is estimated to be $1 billion (£747.8 million), but a recent video shared on social media shared his 'casual' attitude towards it. In a recent live stream hosted by internet personality and streamer Adin Ross, Jimmy appeared alongside other online content creators and the topic of his net worth came up. Adin asked: 'Jimmy, are you a billionaire? Be honest.' Jimmy replied: 'Yeah.' A snippet of this exchange was posted on TikTok and captured the other creators' stunned, silent reactions. Many of them let their mouths fall open in shock. Jimmy then added: 'What would you say the largest YouTube channel in the world is worth?' In the comments section, fellow TikTok users were keen to share their thoughts. One person said: 'That 'yeah' was so casual, it's actually insane how smart Jimmy is." Another referenced Canadian content creator xQc's facial expressions after hearing Jimmy's net worth. They said: 'Xqc's eye opened up like 'bruh I got competitions now'." Someone else commented: 'Well if someone [has] over 200million [subscribers] of course he ain't gonna be broke." Another added: 'You know what's the craziest part about this, is his wealth will just expand faster from now on." In an appearance on Steven Bartlett's popular Diary of a CEO back in February, Jimmy confirmed his staggering net worth but said it's only 'on paper'. In his actual bank account, he shared: 'In my actual bank account, I have less than one million.' He explained the majority of his wealth is reinvested into his content creation, as well as paying his staff. The 27-year-old, who was born in Kansas, US, originally began his online career with 'Let's Play' videos - whereby the creator plays through a video game in its entirety offering their commentary and insight on their experience of it - before progressing to other types of content like guessing fellow YouTubers' wealth, and offering his thoughts on YouTube 'dramas'. He first went viral in 2017 with a YouTube video that captured him counting up to 100,00, before progressing to the inventive and high-budget productions he's so known and loved for to this day. The star is also the founder of several businesses, including MrBeast Burger and Feastables.
Time of India
5 days ago
- Business
- Time of India
'100% crap,' says Ex-Google exec on the idea that AI will create new jobs; has a warning: There will be a time…
Former Google X chief business officer Mo Gawdat has dismissed claims that artificial intelligence will generate new employment opportunities, calling the notion "100% crap" and warning that even top executives face displacement as AI systems become more sophisticated. Speaking on the "Diary of a CEO" podcast Monday, Gawdat predicted that artificial general intelligence will eventually outperform humans "at everything, including being a CEO." The tech veteran, who spent over 30 years in the industry, used his own AI startup as evidence—a project built by just three people that would have previously required 350 developers. White-collar workers face the biggest job displacement threat Gawdat's stark assessment challenges optimistic predictions from tech leaders who envision AI as a job creator rather than destroyer. The former Google executive specifically targeted roles traditionally considered safe from automation, including podcasters, video editors, and C-suite positions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Best Method for a Flat Stomach After 50 (It's Genius!) Lulutox Undo "CEOs are celebrating that they can now get rid of people and have productivity gains and cost reductions because AI can do that job," Gawdat explained during the podcast interview. "The one thing they don't think of is AI will replace them too." His warnings align with recent corporate trends, as companies like Duolingo, Workday, and Klarna have already begun significant workforce reductions or hiring freezes in favor of AI-powered alternatives. Industry's divided on AI's economic impact and future regulation While Gawdat presents a dystopian outlook, other industry leaders offer more measured perspectives. Billionaires Mark Cuban and Nvidia CEO Jensen Huang argue that learning AI skills alongside strengthening soft skills will create competitive advantages for workers. The World Economic Forum's 2025 Future of Jobs report supports this nuanced view, noting that while 41% of employers globally plan workforce downsizing due to AI, 77% intend to upskill current employees to work alongside artificial intelligence systems. Despite his dire predictions, Gawdat doesn't oppose AI development itself. Instead, he criticizes the capitalist framework driving its implementation, arguing that profit-focused deployment ignores ethical considerations. He advocates for potential universal basic income systems and warns against allowing "stupid leaders" to control increasingly powerful AI systems. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
