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https://www.abc.net.au/listen/pr ... i-in-2025/104829108
Sam Hawley: And not to mention the jobs, real people's jobs that AI could actually take away, Toby. Are we seeing that at all yet, that people are actually losing jobs to a computer, basically?
Tony Walsh: Unfortunately, we are seeing the beginnings of that. So there was a nice report that the Financial Times put out. They were looking at the number of freelance jobs being offered on Fiverr. Fiverr is one of these websites where you can advertise freelance work. They were looking at graphic designers and other people, the amount of freelance work being offered on these websites, and the average pay for each of those jobs on the website. And they noticed since these AI tools, like mid-journey and stable diffusion that can generate very good images using AI, they noticed that there was a 15% reduction in the amount of work being offered, and a 15% reduction also in the amount that was paid for each of those jobs. That's probably, I suspect, the canary in the coal mine in the sense that those were the freelancers, those are the easiest people to let go or not to offer jobs. And that we will see that, sadly, perhaps filtering through into the wider population where people perhaps lose their jobs or not hire because AI is now doing some of that work.
Sam Hawley: Yeah, and that could be across a huge range of professions, right? I actually know a financial planner who says AI is a bit of a problem for financial planners because they might not be needed much anymore.
Tony Walsh: It is. I think the takeaway that I would recommend to people from this is don't be one of those people. Be one of the people who's using AI to be that much more productive so that you're the person who's still employed and is the person who hasn't worked out how to use these AI tools to improve their productivity. |
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