Latest news with #Masad
Mint
14-05-2025
- Business
- Mint
‘If your job is….': Replit CEO Amjad Masad says THESE roles are at risk in couple of years amid AI rise
As artificial intelligence tools continue to evolve at breakneck speed, many traditional desk jobs could vanish in the near future. According to Amjad Masad, CEO of Replit—a platform that enables users to build software using AI—jobs that involve routine digital tasks may be among the first casualties of this technological shift. Speaking on Steven Bartlett's popular podcast The Diary of a CEO, Masad issued a stark warning for professionals working in roles that rely heavily on repetitive, structured digital tasks. 'If your job is as routine as it comes, your job is gone in the next couple of years,' he said, underlining how swiftly automation and AI tools are developing. When asked directly by Bartlett, 'What jobs are going to be impacted?' Masad's response was immediate and succinct: 'All of those.' He then clarified that roles such as data entry clerks and quality assurance (QA) testers are particularly vulnerable. These jobs typically involve tasks like clicking, typing, or verifying data—precisely the kind of structured, rule-based activities that AI systems can now handle efficiently. Masad added that the most vulnerable jobs are those where both the input and output are digital—what he referred to as 'text in, text out.' These include positions in writing, data processing, and visual design, all of which have seen a surge in automation tools that can replicate or assist with core functions. Surprisingly, even some highly skilled professions may not be immune. Masad pointed out that accountants and lawyers, despite their expertise, could see significant parts of their work automated, particularly the tasks that involve standardised documentation and regulatory compliance. However, there may be a safe haven: healthcare. Masad said that the sector is harder to disrupt due to its complex and heavily regulated nature. 'The healthcare ecosystem is hard to predict because of regulation,' he noted, suggesting that AI's impact here may be slower and more controlled. Reactions online were mixed but generally underscored a growing anxiety around AI's rapid advancement. One commenter warned, 'If you work at a desk, it's likely you'll be impacted!' Another wrote bluntly, 'Everyone is screwed long term.' Some users echoed Masad's view on healthcare, with one stating, 'AI in healthcare will come last - due to very strict regulations. Saying that from experience.' Bartlett, sharing the podcast clip, summarised the urgency of the discussion in his post caption: 'Which jobs will survive the rise of AI? Amjad Masad reveals which careers are most vulnerable to AI disruption, and why understanding this shift now is critical for the next generation of workers.' As the world embraces generative AI and automation tools, Masad's forecast may be a wake-up call for many—particularly those in roles once considered stable. For today's workforce, staying adaptable and embracing technological literacy may be key to weathering what could become one of the most significant employment shifts of the digital age.
NDTV
14-05-2025
- Business
- NDTV
These Jobs Are At A Risk Of Disappearing In Just 2 Years, Replit CEO Warns
Amjad Masad, CEO of Replit - a company that allows users to build apps and websites using AI, recently shared a list of jobs that he believes could disappear in just 2 years. During a conversation on Steven Bartlett's podcast 'The Diary of a CEO', Mr Masad explained how rapidly evolving artificial intelligence tools are set to replace roles involving repetitive digital tasks. "If your job is as routine as it comes, your job is gone in the next couple of years," he said. "What jobs are going to be impacted?" Mr Bartlett asked the AI expert. To this, Mr Masad delivered a concise answer, saying "All of those". He then went on to specifically name positions like data entry clerks and quality assurance testers, basically roles that require repetitive actions such as clicking, typing or verifying data within rigid workflows. "Which jobs will survive the rise of AI? Amjad Masad reveals which careers are most vulnerable to AI disruption, and why understanding this shift now is critical for the next generation of workers. Are you worried about how AI could impact your career?" Bartlett wrote in the caption of the post. Take a look below: View this post on Instagram A post shared by The Diary Of A CEO. (@thediaryofaceopodcast) During the conversation, Mr Masad also suggested that even "specialised" professions like accountants and lawyers could face significant disruption. However, he noted one area that may not be affected by AI. "The healthcare ecosystem is hard to predict because of regulation," he said. Mr Masad emphasised that the most vulnerable jobs are where inputs and outputs are purely digital - what he called "text in, text out". These jobs include writing, data processing, or visual design. Internet users were quick to react to Mr Masa's comments. "This is so important! People need to be aware. If they work at a desk, it's likely you'll be impacted!" one user wrote. "Get rid of solicitors. Push paper around, send letters, taking forever to resolve simple bureaucratic tasks," said another. "Anyone who thinks AI is replacing accountants doesn't understand what accountants even do," commented a third. "Everyone is screwed long term," expressed one user.
Time of India
13-05-2025
- Business
- Time of India
AI expert warns these jobs could disappear in just 2 years: Is your role at risk?
Countdown to Displacement Not Even the White-Collar Elite Are Safe You Might Also Like: Bill Gates predicts only three jobs will survive the AI takeover. Here is why 'Text In, Text Out' = Trouble A Fairer World, or a Fiercer One? Between Promise and Panic In a world increasingly fascinated—and alarmed—by the rise of artificial intelligence, a new warning has reignited age-old anxieties: What happens when your job becomes obsolete, not due to downsizing or outsourcing, but because a machine does it better, faster, and cheaper?Amjad Masad, an AI expert and the founder of the tech development platform Replit , didn't mince his words during a recent conversation on Steven Bartlett's widely followed podcast The Diary of a CEO. As Bartlett posed a now-familiar question—'What jobs are going to be impacted?'—Masad delivered a chillingly concise answer: 'All of those.'Masad's remark wasn't some vague tech prophecy. He elaborated with unflinching clarity: any job that relies on routine, repetitive computer tasks is on the brink of vanishing—and the clock is ticking. 'If your job is as routine as it comes,' he said, 'your job is gone in the next couple of years.'He specifically named positions like data entry clerks and quality assurance testers—roles that require repetitive actions such as clicking, typing, or verifying data within rigid workflows. These, he explained, are ripe for AI-powered automation and are among the first to be swept away in the coming employment revolution. Tools capable of mimicking these actions are already flooding the market, and the pace of adoption is even more startling is that Masad didn't stop at routine clerical work. He suggested that even 'specialized' professions like accountants and lawyers could face significant disruption. With generative AI capable of analyzing legal contracts, preparing financial reports, or even drafting complex documents in seconds, entire sectors once considered insulated from automation are beginning to feel the ground shift beneath he did note one area that may hold the line—at least for now. 'The healthcare ecosystem is hard to predict because of regulation,' Masad said. Stringent guidelines, human oversight, and ethical considerations may act as a buffer for medical professionals, keeping AI on the sidelines for certain critical most vulnerable, Masad emphasized, are jobs where the inputs and outputs are purely digital—what he called 'text in, text out.' These roles, often involving writing, data processing, or visual design, are already being tested by AI platforms. From graphic design to financial reporting, the software is now capable of delivering surprisingly competent results at a fraction of the time and a vision not far from the techno-utopian future painted by Bill Gates, who has suggested AI will eventually free us to work fewer hours. But Masad offers no such comforting narrative—just a sober analysis of what's likely to what happens to the millions potentially displaced by this wave of automation? Masad didn't sugarcoat it. 'No pain, no gain,' he said, signaling an era of upheaval before any societal balance can be restored. According to him, the disruption could eventually dismantle oppressive systems and lead to a 'fairer world'—but not without collateral remark sparked a backlash. One social media user criticized the apparent flippancy: ''No pain no gain' in response to millions of people losing their jobs and potential societal collapse in part because of your invention is crazy work.' Another added, 'He didn't have any remorse in how he said it. So scary to hear such mentality.'Masad's outlook is far from universally shared. Geoffrey Hinton, often referred to as the 'Godfather of AI,' recently stepped back from Google with a chilling warning: that artificial intelligence could soon spell the downfall of human society. His alarmist view is catching on among experts and citizens alike who see AI less as an opportunity and more as an existential between the hopeful dreams of less work and more freedom and the dark visions of mass unemployment and societal breakdown, the truth likely lies somewhere in between. What's certain is that the AI revolution is no longer a distant future—it's unfolding in real time, and no profession is immune from its the race between human adaptability and machine efficiency speeds up, perhaps the most urgent question is no longer if your job is safe, but how long until it isn't.
Yahoo
14-02-2025
- Business
- Yahoo
Synex Renewable Energy Corporation Announces Second Quarter Results and the Appointment of a Director
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2025) - Synex Renewable Energy Corporation (TSX: SXI) (the "Company" or "Synex") announced its financial and operational results for the three and six months ended December 31, 2024. For the three months ended December 31, 2024 ("Q2 2025"), revenue increased to $1,222,392 from $972,718 in the corresponding period in fiscal year 2024 ("Q2 2024"). Electricity sales for Q2 2025 were $1,196,925 compared with $958,446 for Q2 2024, an increase of $238,478 YoY because of increased precipitation in the region and a rate increase for our Kyuquot Utility as approved by BCUC. The net profit attributable to shareholders of the Company for Q2 2025 was $153,867 as compared to net profit attributable to shareholders of the Company of $83,663 for Q2 2024. The increase in net profit is due to increased electricity generation compared to prior year. The Company spent a total of $767,722 on the development of investigative wind licenses at Sea Breeze Power Corp., since Sea Breeze's acquisition. This includes expenses for 3rd party consultants for reviewing technical aspects of the sites and labor costs. The Company intends to continue investing resources in developing the remaining investigative wind licenses to support BC Hydro's Clean Power Call of generating at least 90% of electricity from clean or renewable sources. As of December 31, 2024, the Company had an unrestricted cash balance of $271,105 as compared to $117,362 on June 30, 2024. The increase in cash is mainly due to collection from customers and unsecured non-interest-bearing short-term loan received from a related party, Russell Industries Corp. (controlled by CEO Daniel J. Russell). The Company had a restricted cash balance of $730,770 and a term deposit of $230,000 at December 31, 2024. The total loan principal outstanding to The Equitable Life Insurance Company of Canada and The Empire Life Insurance Company was $12,957,878 at December 31, 2024, as compared to $13,080,196 on June 30, 2024. Loans payable on December 31, 2024, included a current portion of $487,905 and a non‐current portion of $12,469,973. Director Appointment Synex also announced today that its board of directors of the Company (the "Board") has appointed Majed Masad to the Board, effective immediately. Mr. Masad is the co-founder of Mejuri and brings over 10 years of management and leadership experience. He also previously served as a special advisor and partner at FirePower Capital. Mr. Masad received an MBA in international business and finance at the Toronto Metropolitan University. "On behalf of the board of directors and management, I would like to welcome Majed Masad to the board of directors of the Company. Mr. Masad's appointment will greatly enhance the Company's ability to pursue strategic goals and deliver maximum value for shareholders", said Daniel J. Russell, Chief Executive Officer of the Company. About Synex Renewable Energy Corporation Synex is a Vancouver, British Columbia based company engaged in the development, acquisition, ownership, and operation of renewable energy projects in Canada. It has ownership interests in 12 MW of operating hydro projects in British Columbia and owns a Vancouver Island grid connection and utility carrying on business as Kyuquot Power Ltd. The Company also has 9.4 MW of construction ready run-of-river projects, applications, and land tenures on another 24 potential hydroelectric sites totaling over 150 MW of capacity, and approximately 16 wind development sites that could provide up to 4,700 MW of clean power in British Columbia. For further information, visit For media inquiries, please contact: Daniel J. RussellPresident & CEO, Synex Renewable Energy Corporation.4248 Broughton Avenue, Niagara Falls, ON L2E 3K6Phone (905) 329-5000E-mail: Cautionary Note Regarding Forward-Looking Information and Statements This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Synex's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Synex's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved", including the potential electricity output for the Company's wind projects. By identifying such information and statements in this manner, Synex is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Synex has made certain assumptions. Although Synex believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Among others, the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; and the other risks disclosed in the Company's annual information form dated September 27, 2024 and available on the Company's profile at Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Synex does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Synex or persons acting on its behalf is expressly qualified in its entirety by this notice. To view the source version of this press release, please visit Sign in to access your portfolio
