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A prominent Silicon Valley businessman and venture capitalist believes that artificial intelligence can drive deflation and generate enough growth to help people who are displaced by technology.
Vinod Khosla (69) said: wall street journal In an interview published Wednesday, he said that while AI will eliminate many current jobs, the technology will allow society to create a “safety net” through lower prices for services such as health care and education. said.
“If health services are much cheaper, education services are close to free, elderly care is much cheaper, and today, elderly care is something that people are not considering for so many countries around the world. “While there is an immediate burden at the level, it is much easier to build a social safety net,” Khosla said. He co-founded Sun Microsystems in 1982 and then joined venture capital firm Kleiner Perkins in 1986.
Khosla said he believes real GDP growth could reach 5% and that governments will be able to provide adequate social services to citizens affected by the rise of AI.
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Vinod Khosla believes that AI will reduce the price of many services and allow society to create a better “social safety net” for those who will be economically affected by the AI revolution. (Stephen Feldman/Getty Images/Getty Images)
“Some of them are excess GDP growth rate “There is a lot of scope to consider those who will be economically adversely affected.”
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But Khosla said society can only reap the benefits of technology if humans stay out of the way.
Khosla said AI has the potential to bring deflation and economic growth. (Reuters/Dado Ruvic/Illustration/File Photo/Reuters Photo)
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“The only question is whether we will make it happen,” Khosla told the newspaper. “You know, Maybe unions will come back There is a limit to how slow it becomes. It's very possible, but I don't think so because the benefits are so great. ”
