LONDON — The artificial intelligence (AI) revolution is here, and the boos are getting louder. As AI reshapes industries and markets around the world, a sense of dread is deepening among young "digital natives" now entering the workforce, fearful of the impact on jobs and daily life as ChatGPT, Claude and Gemini become household names.
In a speech this week, former Google CEO Eric Schmidt told graduating University of Arizona students that the impact of AI would be "larger, faster and more consequential" than anything before.
"It will touch every profession, every classroom, every hospital, every laboratory, every person and every relationship you have," he said as boos rang out even as he addressed anxieties about job security and an uncertain future.
How real those fears are was on show in an announcement by Standard Chartered on Tuesday that it will cut over 7,000 jobs and replace "lower-value human capital" with AI.
Many tech firms are also cutting staff, citing AI. Meta, which is installing tracking software on US-based employees' computers to train its AI model, is planning to lay off 10% of its workforce globally starting this month.
