Indian-American billionaire businessman and enterprise capitalist Vinod Khosla made bold bets on the future, predicting that within the next three to five years, Artificial Intelligence (AI) would handle 80 percent of the jobs.
Talking to Zerodha’s co-founder Nikhil Kamath on his ‘WTF’ podcast, Khosla said that we will “see more changes in the next 15 years, as much as we have seen in the last 50”. He said that AI would convert almost every profession from finance to engineering.
It seems like a dangerous prediction that the stalwarts of Silicon Valley also emphasized that technology opportunities can be emphasized.
Khosla pressurized a mentality-first approach and indicated the symptoms that define successful entrepreneurs in areas: the first theory thinking, flexibility through instability, and at the top, rapid learning ability.
“If they are rapidly learners, they will have to be compatible with the world because it changes. And it can be the most important feature of an entrepreneur,” he said, “he will not” be a single profession “to optimize your career for flexibility.
Advice to younger generation
Vinod Khosla told Kamath what is important for today’s generation, and it is not a deep expertise in a category, but has the ability to adapt to rapid learning and changing conditions. “Every 20-year should try to try to jump into any new field … just the ability to think from the first principles and learn new areas,” he said.
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This is the place where the real value lies, Khosla said. He said that now education will not be about being good in one thing, but will be about “ways to learn”.
He encouraged young professionals to start, where their curiosity leads, remains adaptive, thinks in the system, and develops a growing mentality that moves with a changing world. “Don’t be an expert, be a generalist,” Vinod is the advice of Khosla.
He said, “Those who do not know how to use AI will see by those who first know how to use AI,” he said.
Khosla insisted that access to AI would not separate the startup, but the human options that use AI shape it.
Education in AI-Trained World, Health Service
According to Khosla, in the future where public services are run by AI, especially in India, education, healthcare, legal and financial services can be free or almost free.
He said, “If every child in India has a free AI tutor … then it would be better than the best education that can offer a rich person,” he said.
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Upon coming to Healthcare, Khosla told Kamath, “Imagine whether medical expertise was free. Personal medical care advice … half the economy can be included in almost free services from the government.
While AI can create a risk for humans’ jobs, it also brings abundance of opportunity to curious people, bold thinkers and small cities. Vinod Khosla said that it is completely up to humans what to do with this tool – artificial intelligence (AI).
