• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Costco Says Members May See Lower Prices if Tariff Refunds Are Issued

March 7, 2026

10 Must-Review Items Before Sending Your 2025 Taxes to the IRS

March 7, 2026

One of the Biggest Drivers of the Gender Pay Gap — And Steps Founders Can Take to Fix It

March 7, 2026
Facebook Twitter Instagram
Trending
  • Costco Says Members May See Lower Prices if Tariff Refunds Are Issued
  • 10 Must-Review Items Before Sending Your 2025 Taxes to the IRS
  • One of the Biggest Drivers of the Gender Pay Gap — And Steps Founders Can Take to Fix It
  • Mindset Shift That Will Boost Your Cash Flow in 2026
  • Your Growth Didn’t Stall by Accident — You’re Neglecting Your Most Valuable Asset
  • This One Decision Can Turn Uncertainty Into Your Biggest Opportunity
  • Gold and Silver Investing Scams: Red Flags and How to Protect Yourself
  • Tax Refunds Are Hundreds Higher This Year: 5 Things to Do With Your Windfall
Saturday, March 7
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » AI Could Lead to Mass Joblessness Within the Next 5 Years
Make Money

AI Could Lead to Mass Joblessness Within the Next 5 Years

News RoomBy News RoomSeptember 4, 20251 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

A computer science professor is warning that advanced AI could be developed within the next couple of years, leading to mass unemployment by 2030.

On a recent episode of “The Diary of a CEO” podcast, University of Louisville Computer Science Professor Roman Yampolskiy warned that AI could cause “99%” of all workers to be unemployed by 2030. Yampolskiy said that artificial general intelligence systems (AGI) that are as capable as humans would likely be developed by 2027, leading to a labor market collapse three years later. He predicted that AI would provide “trillions of dollars” of “free labor,” giving employers a better option for their employment needs.

“You have free labor, physical and cognitive, trillions of dollars of it,” Yampolskiy said. “It makes no sense to hire humans for most jobs if I can just get a $20 subscription or a free model to do what an employee does.”

Related: Microsoft AI CEO Warns That ‘Dangerous’ and ‘Seemingly Conscious’ AI Models Could Arrive in the Next 2 Years: ‘Deserves Our Immediate Attention’

Yampolskiy predicted that any job on a computer would immediately be automated once AGI arrives and that humanoid robots would take over physical labor jobs within the next five years, leading to unprecedented levels of unemployment.

“So we’re looking at a world where we have levels of unemployment we’ve never seen before,” Yampolskiy said on the podcast. “Not talking about 10% unemployment, which is scary, but 99%.”

The only jobs left will be those that humans prefer another human to do for them, Yampolskiy said. AI will “very quickly” gain the capacity to take over other human occupations, including teachers, analysts, and accountants, he predicted.

Yampolskiy claims to have coined the term “AI safety” in a 2011 article and has since published more than 100 papers on AI’s dangers. He has written multiple books, including his 2025 book “Considerations on the AI Endgame: Ethics, Risks and Computational Frameworks.”

Related: The ‘Godfather of AI’ Says Artificial Intelligence Needs Programming With ‘Maternal Instincts’ or Humans Could End Up Being ‘Controlled’

In the podcast interview, Yampolskiy said that even coding and prompt engineering weren’t safe from automation. AI can design prompts for AI “way better” than any human, he stated.

Retraining is also impossible in this new reality because AI will automate all jobs and “there is no plan B,” Yampolskiy said.

Yampolskiy’s predictions match the forecasts made by other AI experts. Geoffrey Hinton, known as the “Godfather of AI” due to his pioneering work in the subject, stated in June that AI is going to “replace everybody” in white collar jobs. He challenged the idea that AI would create new jobs, pointing out that if AI automates tasks, there would be no jobs for people to do.

Meanwhile, in May, Anthropic CEO Dario Amodei stated that AI would eliminate half of all entry-level, white-collar jobs within the next one to five years, causing unemployment to reach a high of 20%.

Related: ‘When I Get Paid, You Get Paid’: Software Engineers Looking for Work Are Promising $10,000 or More to Anyone Who Can Help Them Land a Job

A computer science professor is warning that advanced AI could be developed within the next couple of years, leading to mass unemployment by 2030.

On a recent episode of “The Diary of a CEO” podcast, University of Louisville Computer Science Professor Roman Yampolskiy warned that AI could cause “99%” of all workers to be unemployed by 2030. Yampolskiy said that artificial general intelligence systems (AGI) that are as capable as humans would likely be developed by 2027, leading to a labor market collapse three years later. He predicted that AI would provide “trillions of dollars” of “free labor,” giving employers a better option for their employment needs.

“You have free labor, physical and cognitive, trillions of dollars of it,” Yampolskiy said. “It makes no sense to hire humans for most jobs if I can just get a $20 subscription or a free model to do what an employee does.”

The rest of this article is locked.

Join Entrepreneur+ today for access.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Costco Says Members May See Lower Prices if Tariff Refunds Are Issued

Burrow March 7, 2026

10 Must-Review Items Before Sending Your 2025 Taxes to the IRS

Make Money March 7, 2026

One of the Biggest Drivers of the Gender Pay Gap — And Steps Founders Can Take to Fix It

Make Money March 7, 2026

Mindset Shift That Will Boost Your Cash Flow in 2026

Investing March 7, 2026

Your Growth Didn’t Stall by Accident — You’re Neglecting Your Most Valuable Asset

Make Money March 7, 2026

This One Decision Can Turn Uncertainty Into Your Biggest Opportunity

Make Money March 7, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

10 Must-Review Items Before Sending Your 2025 Taxes to the IRS

March 7, 20260 Views

One of the Biggest Drivers of the Gender Pay Gap — And Steps Founders Can Take to Fix It

March 7, 20260 Views

Mindset Shift That Will Boost Your Cash Flow in 2026

March 7, 20260 Views

Your Growth Didn’t Stall by Accident — You’re Neglecting Your Most Valuable Asset

March 7, 20260 Views
Don't Miss

This One Decision Can Turn Uncertainty Into Your Biggest Opportunity

By News RoomMarch 7, 2026

Entrepreneur Key Takeaways Learn how to align risk with mission so discomfort drives impact, not…

Gold and Silver Investing Scams: Red Flags and How to Protect Yourself

March 6, 2026

Tax Refunds Are Hundreds Higher This Year: 5 Things to Do With Your Windfall

March 6, 2026

This One Mistake Kills Companies in Hot Markets

March 6, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Costco Says Members May See Lower Prices if Tariff Refunds Are Issued

March 7, 2026

10 Must-Review Items Before Sending Your 2025 Taxes to the IRS

March 7, 2026

One of the Biggest Drivers of the Gender Pay Gap — And Steps Founders Can Take to Fix It

March 7, 2026
Most Popular

Gold and Silver Investing Scams: Red Flags and How to Protect Yourself

March 6, 20262 Views

Tax Refunds Are Hundreds Higher This Year: 5 Things to Do With Your Windfall

March 6, 20262 Views

This One Mistake Kills Companies in Hot Markets

March 6, 20262 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.