Expert Maja Vujinovic breaks down how AI will reshape jobs, the economy, and where smart investors should focus next.
Transcript:
Caroline Woods: Joining me now, Maja Vujinovic, CEO of Digital Assets at FG Nexus. Maja, Thanks so much for joining me at the desk. It’s great to see you again.
Maja Vujinovic: Caroline. Thank you for having me.
Caroline Woods: So we’re talking future of work AI disruption. We hear a lot of talk about AI being a productivity booster and a job killer. What do you think? What narrative will win out with?
Maja Vujinovic: I think of the past year narrative of a job killer has definitely won. I would say we’re slowly starting to see that it’s a job booster. It will make it will augment certain types of jobs, right? Certain types of jobs may go away, but in about 10 to 20 years. Right and the next kind of short term span year two, five years. I see it more as augmenting our lives and helping and being a productive asset than anything else.
Caroline Woods: Dig into that a bit more. How do you see AI changing the way we work over the next 5 to 10 years?
Maja Vujinovic: Yeah so right now you have AI in health that is really impacting health and diagnostics and MRIs and, you know, research. You have AI right now really impacting our transportation. That’s kind of obvious. You have in finance, in algorithmic trading and et cetera you have an HR in legal that is quite here. Now is it here at Scale in those last two that I mentioned. No, but I think in the next two years, you’re going to start to see assistants of assistants, you’re going to start to see legal research on AI. You’re going to start to see definitely HR and companies trying to push more of AI tools onto their employees to learn and be more productive and kind of make them superhuman in a sense.
Caroline Woods: Can you give an example of AI at work right now that maybe we wouldn’t even notice?
Maja Vujinovic: I mean, Copilot, Microsoft Copilot is something that is ChatGPT. I think most people take that for granted. But think about it. Everybody I speak to will say I don’t really use Google anymore. I just go to ChatGPT and I, you know, do everything I need to do in legal AI. Obviously all of those things have to be double checked, but there are people that are using ChatGPT today for $200 a month to do medical diagnosis, to double check medical diagnoses that they’ve been given from their doctor. I mean, that is an incredible advancement of what we have. And it is pretty cool. And it brings us kind of forward. It makes us more efficient in many ways when it comes to automation, though.
Caroline Woods: How do you balance AI with was also having a human touch because as someone who leverages ChatGPT often, it’s wrong a lot?
Maja Vujinovic: Yeah, absolutely. You almost have to tell it that it’s stupid. And don’t be stupid in order to give you good answers. Look, jobs like yours, for example, or jobs like in therapists, in school. Teachers, those will not be replaced anytime soon. I don’t envision a robot in your place, interview me anytime soon. So so I think things will evolve, but they are not going to just suddenly changed in the next year or two. I think a lot of people out there are making a lot of money by saying we’re all done right. But the reality is there are certain emotional things that we still don’t have with AI and we won’t have now. I think Dennis from DeepMind, Google DeepMind has predicted that, and they’ve been quite consistent, actually with this. And in the next 10 years, they’ll probably have AGI. Now there is a thing where you can say, how do you define AGI. Right but I do kind of turn to them quite often. And turned to him to tell me, when does it become really serious. When I starts to develop these emotions that humans have. Still, my prediction is we won’t be seeing any of that at scale for another 20 years.
Caroline Woods: You make a good point, though, because when we first chatted months ago, you told me I was being too nice to AI and you said you need to almost tell it, it’s stupid. And I told you I was saying please. And you said, don’t say please. It will work harder for you if you’re mean to it. Explain that to me.
Maja Vujinovic: Yeah good memory. So I noticed when just ChatGPT came out that I was saying, OK, now let’s do this. And please, could you write. And I realized that every time I said that, it was kind of repeat itself. And so I think that’s a basic fact. Now everybody knows this. I mean, you have to almost tell it. Please don’t be wrong. You know, you’re acting pretty stupid. You’re not AG, you’re not AI quality. I’ve even used prompts like saying you do not have a good education.
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