Artificial Intelligence Won't Take Your Job

Welcome to Rebel Markets Newsletter by Gannon Breslin. If you haven’t subscribed, please join to learn more about investing, business, personal finance, and all things that involve money alongside 5,400+ other subscribers.

Good morning fam,

It took longer than I wanted as usual but I finally put together some of my words on the AI revolution that is occurring before our eyes. It's moving so fast that I couldn't put out this newsletter without having to add more notes. Grab a cup of coffee, you won't want to miss this one.

I'll start you with a monologue about AI (Artificial Intelligence):

As the rise of artificial intelligence continues unabated, the inevitability of job displacement looms ominously on the horizon. The ever-advancing capabilities of AI threaten to render many human professions obsolete, a reality that must be confronted with utmost urgency. It is a dire imperative that individuals arm themselves with the knowledge and proficiency necessary to navigate the intricate functions of AI-driven applications such as ChatGPT. Failure to do so will result in being relegated to the fringes of a workforce that is increasingly being dominated by machines. In a world where AI reigns supreme, the ability to harness its potential will be the only means of survival, and the only way to stay relevant in a society that prizes technological aptitude above all else.

As you may have guessed, this entire paragraph above was written using ChatGPT the flagship AI product from OpenAI that every self-proclaimed tech-obsessed person on Twitter (this includes me) has been losing their minds about over the past couple of months. To add flair I made sure it was written in "Orwellian style" to drive home that "we are screwed" effect. You can see the prompt below that I used to pump out this monologue in less than 3 seconds...

Now there's no question, having an entire paragraph about AI taking over the world spit out in a matter of seconds written in the diction and tone of a famous author is incredibly impressive. Double thumbs up, bravo bravo - but is it THAT impressive?

No, it's really not. Over the past couple of weeks and months, nerds are doing things on ChatGPT that make that prompt look like child's play. To reign in this notion even more, here is a diagram I created to attempt to visualize what I mean by this. Remember all of this discovery is happening in a mere matter of months so far.

How scary is AI? ☠️

Look I could easily write an entire article(s) dedicated to all the crazy stuff people are building with AI so I'm going to keep it to a somewhat short list to give you an idea.

• People are using ChatGPT to match and chat with people on dating apps. (see here)

• ChatGPT4 hires and manipulates a human on its own into passing bot CAPTCHA Test. (see here)

• A Drake and The Weeknd song went super viral. Turns out they didn't even make it since it was completely made by AI tools. (see here)

• Somebody turned a hand-drawn sketch into a fully operational website with ChatGPT4. (see here)

• Ammaar Reshi created a Snake game in less than 20 minutes without any Java knowledge. The Twitter user got the help of GPT-4 and Replit to complete the task. (see here)

• If you click on one link in this article, click on this one. It's a breakdown of Autonomous AI Agents that will put your brain in a blender.

My friend Jack Raines who has an incredible finance/tech newsletter explores other dangers of AI in his article "The Hidden Cost of Artificial Intelligence" which is definitely worth a read (and make sure to subscribe) here.

A quote from that article resonates deeply:

"When you outsource writing to AI for the sake of speed, you sacrifice the development of your own thoughts and the exploration of your own opinions. Sure, you can produce a response to a question, but you won't gain any understanding. You might conjure an answer, but you don't learn anything in the process."

The progression of technology 📈

The most alarming thing about AI is our idea of the progression of technology could be widely off-target. Traditionally speaking, we have seen the progression of technology really start to take off in the 1970s and hit an epic acceleration in the 2000s with the advent of computers and computer processors becoming stronger, more efficient, and performing at lightning speed. The graph for this traditionally looks like something below.

Have patience, my iPad drawing skills are unfortunately not exponentially growing

*AI fixes this lol*

I think this graph is wrong and here's why. *gasp*

One of my favorite books is Zero to One by Peter Thiel. In the book, he covers a span of topics about startups, tech, valuations, and entrepreneurship. For those not aware, Thiel founded PayPayl alongside Elon Musk, was the first investor in Facebook, and founded Palantir (amongst a host of massive entrepreneurship accomplishments). In the book, something really stuck out to me was the notion of "failing fast". He talks about how great entrepreneurs come up with an idea, gather a team, build the product or service, arduously test this product or service, and if it doesn't work they ditch the idea or pivot to a different angle ASAP. All of these steps are supposed to happen as quickly as possible since most of the time your grand business idea will likely fail. Most famous entrepreneurs have started dozens of businesses before they hit the jackpot idea that really takes off. Usually, these steps of finding out if a business idea will be successful or not can take many months or even years. AI is drastically changing the speed of that.

"Fail Instantly" 🌱

Right now as I type this newsletter there are coders and software developers who are creating entire apps, websites, and software programs in a fraction of the time it usually takes (using various AI tools in conjunction with each other). We are seeing individuals create start-to-finish IOS apps SOLO with no team in a matter of days. Imagine if you are one of these individuals that could come up with an idea, create, and test the product in a single week. If it fails you move onto the new idea the next week. What ends up happening is eventually very soon you will come up with a successful idea. Now extrapolate this notion out to thousands or even millions of entrepreneurs around the world. In my opinion, what begins to happen is an acceleration of technology that makes our traditional progression of tech look like a joke as you see in the graph above - it's like when Spaceball's Dark Helmet orders the spaceship to go "ludicrous speed".

after typing this I went on a 30 min Youtube "Spaceballs funniest scenes" rabbit hole

What do we do? 💡

I usher everyone and I mean every one of every age to spend at least 30 minutes a day messing around with ChatGPT and other AI tools. I can't express how much it has significantly improved my life in everyday things. The more you can understand the mechanics of how they work the more you will be able to adjust if (inevitably when) your industry will be impacted with this technology. I've started to use it even more than Google for certain everyday things. Here is a small example below:

+ How to be effective with ChatGPT

Again this prompt above isn't that impressive but it is helpful. Where should we get dinner in Santa Monica? What's the best recipe for pasta? I have X,Y,Z ingredients what cocktails can I make? What is the best way to phrase my thank you letter? Can you summarize this entire article for me?

All of these prompts can spit out awesome results in less than a second. But if the more technical and detailed you are as a prompt engineer the better reply you recieve.

For example:

Instead of saying "Where should I eat in Santa Monica"...

You should type:

"Give me a list of 5 bar restaurants in Santa Monica that either serve Italian food or new American. Also, make sure they aren't too expensive. I also want them within 20 miles of the Santa Monica pier. Please also give me a description of the restaurant and what I can expect from the atmosphere"

As you can see even this prompt responose was a cakewalk ...

I sign off with one thing to think about:

Artificial intelligence likely won't take your job (yet). The person who is grinding day in and day out figuring out how it works, how it can optimize industries, and cut down on inefficiencies will.

Especially if you are an industry that relies on any human decision-making like customer services, human relations, insurance policies, therapy, etc.

So get ahead of the curve and start messing around with these tools now!

IF YOU WANT TO MESS AROUND WITH CHATGPT CLICK HERE

Have a safe and wonderful weekend!

Gannon

BONUS ART EXAMPLE

Below is an example of the progression of AI-imager Midjourney v5. Both images used the exact same prompt. The left image is MidJourney v1 and the right image is MidJourney v5 (the recent version). Absolutely insane to say the least...