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Pat Gelsinger and Naveen Rao: we’ve seen Silicon Valley move fast and break things, but consider the math of where we’re headed

We work in AI and we’ve seen it eliminate jobs. We’ve also seen it create more jobs, too.

Pat Gelsinger and Naveen Rao: we’ve seen Silicon Valley move fast and break things, but consider the math of where we’re headed

AI technology is transforming the job market, eliminating certain roles while simultaneously creating new opportunities. Silicon Valley's mantra of "move fast and break things" has led to significant disruption throughout history, but the AI revolution is happening at an unprecedented pace, compressing the time it typically takes for technological changes to fully infiltrate the economy.

As AI takes over repetitive tasks, such as safety checks in manufacturing plants, it frees up human workers to assume more creative and fulfilling roles. This shift is particularly evident in sectors like healthcare, which is growing rapidly due to an aging population. With fewer construction workers available, AI is providing support in areas like data analysis and real-time decision-making, allowing more people to be employed in the industry.

AI also presents opportunities for entrepreneurs, as it lowers the barriers to entry for starting a new business. With accessible tools and platforms, anyone can learn to code and launch a company. As AI continues to advance, it is creating a demand for workers in industries like construction and healthcare, both of which are essential but currently facing labor shortages.

Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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